In this presentation, Jeffrey Christian of CPM Group discusses the relationship between central banks and their gold reserves. He reviews the historical context of central banks' gold accumulation, from the post-World War II era to the present day, and discusses the shifting roles of gold as a monetary asset. Jeff explains why gold, despite losing some of its traditional monetary functions, remains a crucial reserve asset for central banks today.
Jeff also takes a look at the current gold and silver markets, specifically recent price movements and how they may be affected global economic and political climate.