CPM Group’s Jeff Christian Responds “NEGATIVELY” To The SRSrocco Report On Silver Investment Demand
The debate continues between the SRSrocco Report and CPM Group’s Jeff Christian on the fundamentals of the silver market. After my article, in which I questioned the CPM Group’s exclusion of silver investment demand from their supply and demand analysis, Jeff Christian responded with a comment on my website. I am glad that Mr. Christian responded because it now allows me the opportunity to explain in more detail why I disagree with the CPM Group’s analysis.
As I have mentioned before, this has nothing to do with the individual or the company, but rather what I see as faulty analysis. The whole idea of public writing is to be able to look at all sides of the story. I have the right to disagree with someone else and to explain the reasons in my articles. However, I have seen individuals in our alternative media community call names or ridicule individual’s that they are in disagreement. I don’t believe that is the correct way to provide open debate as it focuses on the messenger, not the message. (photo above left, courtesy of Kitco.com)
Before I get into the details on why I disagree with the CPM Group’s analysis on the silver market, I wanted to share a few things. My analysis of the precious metals market has changed since I started writing articles in 2008. Early on, I didn’t consider the impact of energy on the precious metals or the overall market and economy. Furthermore, I stopped putting out price forecasts several years ago because it became apparent to me that it was impossible to do so. Analysts who continue to put out specific price forecasts have been met with a great deal of frustration.
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