Jeffrey Christian: Expect "Extremely Volatile" Gold Price as Politics Drive Market

Published 2024-07-22
Jeffrey Christian of ‪@CPMGroup‬ shares his latest thoughts on precious metals, speaking about the outlook for gold and silver, as well as platinum and palladium. When it comes to gold, he emphasized that the political landscape has been very important for the precious metal in 2024, and will continue to be key as the year progresses.

"We think that we will see higher highs still over the course of the rest of this year beyond August and also into 2025," he said about gold. "We think that the prices are just going to be that much stronger than we had thought they would be."

❓Do you see politics as gold's main driver right now? Tell us in the comments!

This interview was filmed on July 19, 2024.

#Investing #Gold #Silver

0:00 - Intro
0:28 - Gold's performance and drivers
4:50 - Recession timing and severity
7:00 - Expect near-term gold volatility
12:39 - Who is buying gold right now?
17:01 - When will the Fed cut rates?
23:03 - Stock market and AI hype
25:32 - Silver price drivers and outlook
31:28 - Platinum, palladium forecast
34:58 - Trump sentiment post-RNC
39:14 - US election trade for gold
42:26 - Outro

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All Comments (21)
  • @InvestingNews
    ❓Do you see politics as gold's main driver right now? Tell us in the comments!
  • @supermash1
    I like hearing Jeff Christian talk about gold. I might even look into his advisory service. The only two people whose opinion I trust regarding gold are Jeff and Gary Wagner. You know Jeff has his head screwed on right when he dismisses both political parties! They will both act to drive gold higher! I'm more and more bullish on gold over the next year or two, maybe just a gut feeling. I thought I would not buy any more but if it slips down a few hundred bucks I think I will. Always enjoy your talks Charlotte, you're sharp and ask good questions and people respond to you.
  • I’m learning more from Jeffrey now, than four months ago. I like his tone better this time around. I always thought he was down grading or underestimating the politics of the world. He’s doing ok now. Welcome aboard Jeffrey.❤
  • @artrahman169
    Anyone know if the PM in CPM group means what i think it means.. precious metals? Or is that an ironical coincidence?
  • @ronfesta771
    Me thinketh always enjoy listening to your podcasts Charlotte., especially and very occasionally appreciate Jeff's analysis at........double the speed!@!?😉
  • @HML-it7te
    Increasing costs from inflation (on fuel, labour, power) feed into mining costs hence helps increase prices over time. Not a major driver, but it should have a bearing.
  • @rodie1969
    Jeffrey where did you get the data from lower inflation ? Inflation june 2023 was 3 % Inflation for june 2024 also 3 % How much did the fed win last year ?
  • Long time subscriber here btw. Thank you for having Jeffrey on as a guest. He shined a lot of light in this interview. MOO
  • @TT3TT3
    Thanks!🎉 Jeff is the best! 👍
  • @BlueWaterSTAX
    Jeff's LEGENDARY. Thanks for having him on the channel Charlotte.
  • @Steve-gn4hk
    Jeff Christian's toupee has more knowledge of gold than 99.9% of American people.
  • May as well have the JPM. folks . He is a part of the rigged price!!