CPM Group’s Jeffrey Christian discusses the current outlook for the gold and silver markets, drawing parallels between the economic climate at the onset of the financial crises in March 2008, and the current bank failures today. Jeff examines the role of interest rates and banking industry problems, suggesting that we might be in the early stages of a financial crisis. 

Jeff also discusses rising interest rates, showing that even though they seem high, they are still relatively low compared to historical levels. Finally, he looks at the price correlation between gold and interest rates, concluding that the reason behind the interest rate changes are more important than the changes themselves.