CPM Group

Investors who backed away from precious metals in 2022 may be ready to re-enter the sector this year.

Jeffrey Christian of CPM Group said in the first few of weeks of 2023 he’s already seen better interest from institutional and high-net-worth investors. “If I’m right, what we’ll see are a lot more rational investors saying, ‘Gold and silver make sense in a diversified portfolio. I understand their loose relationship with interest rates, I understand their loose relationship with stocks and inflation and other factors — but I also understand that if I have gold and silver in my portfolio, I have a less volatile net wealth,'” he said. This interview was filmed on January 11, 2023.

Jeffrey Christian believes that gold and silver will gain traction in 2023 as a result of increased uncertainty in the world. He recommends that investors do their homework before investing, and to keep a diversified portfolio that includes physical gold and silver.

• 00:00:00 Jeffrey Christian provides a brief overview of events that unfolded in the past year, including the Russian invasion of Ukraine and the growing bifurcation of China. He predicts that in 2023 we will see a transition to a higher interest rate environment and that inflation will continue to moderate.
• 00:05:00 In 2021, gold and silver were among the best performing assets in a volatile market. In 2023, investors are beginning to rebuild portfolios with these metals in mind.
• 00:10:00 In this video, Jeffrey Christian discusses how gold and silver prices are gaining traction and 2023 will be the year of transition. He also discusses the factors driving this interest, including both institutional and retail investors.
• 00:15:00 According to the author, gold and silver are gaining traction as a rapid basis, but it is virtually impossible because you’d have to have massive increases in liquidity in other assets to move into these precious metals. The Euro and other currencies are also problematic for gold bugs because hyperinflation would occur if these countries issued their own currencies. The gold market is naturally broken, and investors have amassed more gold over the last 20 years due to price appreciation rather than new purchasing. Central banks are aware of the long-term potential of transitioning to a multi-currency Reserve currency system, but it will likely take many decades to achieve. The author also discusses the potential of digital currencies playing a role in this transition.
• 00:20:00 The video discusses the shifting medium of exchange over time, from physical gold and silver coins to bills and paper, to checks, to electronic transfers, and to digital currencies. It predicts that, by 2023, the gold price will be strong in the first quarter and weaken somewhat in the second and third quarters, and that the silver price will be increasing significantly.
• 00:25:00 In this video, Jeffrey Christian discusses how gold, silver, and electric vehicles are gaining traction and suggests that a recession could fuel their appreciation.
• 00:30:00 Jeffrey Christian discusses the factors that have influenced the gold and silver markets over the past year, including interest rates, capital formation, and fiscal policy. He predicts that these factors will continue to have an impact on the mining industry in the upcoming year.
• 00:35:00 According to the video’s presenter, Jeffrey Christian, gold and silver are gaining traction due to their inherent properties as investments. He recommends that investors do their homework before investing, and to keep a diversified portfolio that includes physical gold and silver.
• 00:40:00 Jeffrey Christian, a financial advisor, believes that in 2023, gold and silver will gain traction, as there is a heightened uncertainty in the world. He suggests that people have a substantial portion of their wealth in these precious metals if they can afford it.