India, Inflation, and Silver’s Surprise Breakout

From youtube.com/cpmgroup

In this presentation, Jeffrey Christian of CPM Group discusses the latest developments in gold, silver, platinum, and palladium markets, including renewed strength in silver prices, rising inflation pressures, and growing economic stress in India. Jeff explains why India’s government is now urging citizens to reduce gold purchases in order to protect foreign exchange reserves, and why Indian investors continue holding onto large amounts of physical gold despite the government’s concerns. The video concludes with a conversation about rising U.S. inflation data, the Federal Reserve’s interest rate outlook, and strong silver prices. Jeff explains why precious metals may continue consolidating in the near-term while still remaining in a broader long-term bull market.