Jeff Christian, Managing Partner at the CPM Group, joins us to delve into the pattern of central bank buying in gold over the last 13 years, which countries central banks are doing the buying, and how this factors into the gold pricing moves from the larger macro perspective. . It’s a nuanced conversation that gets into their desire for gold in balance with their interest in holding foreign currencies, the central banks changing perception of what a low gold price is more recently, and then why retail investors are also preferring the physical bullion in their possession over the ETF and paper versions of the precious metals.
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Click here to visit the CPM Group website to keep up to date with Jeff.