Jeff Christian – What’s Driving The Gold Price and Is An All-Time High Coming?
April 19, 2023
Jeff Christian, Managing Partner at the CPM Group joins us to focus on the factors driving gold to over $2,000/oz and holding above that level. We have heard a wide range of opinions on what has continued to push gold higher in this most recent run so I wanted to get Jeff’s thoughts on it. He points to investment demand coming from a few key areas. This type of demand is much more important than some of the other factors, such as Geo-politics and war fears.
We also chat about the supply side of gold and how the majors are fairing with this higher gold price. Will we see majors look to expand production or stick to the focus of higher margin ounces?
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