In this video, Jeffrey Christian of CPM Group discusses the current state of the economy and precious metals markets, with gold trading around $2,000 and silver around $24. He highlights recent concerns about bank industry stability and whether this is the beginning of a financial crisis or recession.

Despite some issues in the banking industry, there are still signs of strength in the real economy with strong consumer and business demand for goods and services. In terms of market outlook, gold and silver prices have risen due to investment demand, driven by investor concerns and financial market instability.

While CPM expects higher gold and silver prices in the future, markets may currently be ready for a consolidation period.