The State of the Gold Market

Denver Gold Group Monthly Networking Luncheon

Mr. Jeffrey Christian Managing Partner, CPM Group

October 2013

Gold prices have fallen from $1,900 in September 2011 to as low as $1,180 in June 2013, as investors have backed away from their unbridled fear of imminent financial catastrophe and hyperinflation. The Presentation will discuss the present and most likely trends going forward for gold prices, supply, fabrication demand, official central bank transactions, and investment demand. The talk also will touch on likely economic and financial environments in 2014, as these will be critical to the course of investment demand and gold prices. The presentation additionally will address some of the inaccuracies clouding the vision of the gold market, and other issues facing the gold market and mining community.

Download the Presentation (PDF, 2MB)
Listen to the presentation (MP3, 36MB)

jeffchristianJeffrey M. Christian is Managing Partner of CPM Group.

He has been a prominent analyst and advisor on precious metals and commodities markets since the 1970’s, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis in general. Mr. Christian is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering using options for hedging and investing purposes. He is the author of Commodities Rising, 2006.

He founded the company in 1986, spinning off the Commodities Research Group from Goldman, Sachs & Co and its commodities trading arm, J. Aron & Company.

He has advised many of the world’s largest corporations and institutional investors on managing their commodities price and market exposures, as well as providing advisory services to the World Bank, United Nations, International Monetary Fund, and numerous governments.