In this presentation, Jeffrey Christian of CPM Group discusses the complex and often misunderstood relationship between central banks and their gold reserves. As gold prices approach critical levels, Jeff provides a thorough analysis of which central banks are actually buying gold, the historical context behind these decisions, and how geopolitical factors are affecting them.
Jeff discusses some current misperceptions surrounding central banks, including the idea that China is secretly buying gold at present.
The video concludes with a detailed market update, forecasting potential movements in gold, silver, platinum and palladium prices through the end of 2024 and beyond.