Kitco News, Released on 4/22/21
Jeff Christian, managing partner of the CPM Group, explains how spoofing of the markets from financial institutions works, and how it affects the prices of these markets.
0:00 – Silver’s fundamentals
8:53 – JPMorgan spoofing
18:17 – Silver inventories are at record levels
Jeffrey Christian is the founder of CPM Group, a commodities research, consulting, investment banking and asset management company. CPM is focused on the fundamental analysis of global commodities markets. Mr. Christian was previously the head of commodities research at J. Aron & Company, which was acquired by Goldman Sachs & Co. Mr. Christian formed CPM group through a management buy-out of the commodities research group of Goldman, Sachs & Co. with the vision to provide independent market leading research on the commodities markets to a variety of customers ranging from sovereign governments to investment funds.