Tuesday, January 31, 2012

Jeffrey Christian: Gold and Silver Have Hit Their Highs for the Year

The CPM Group Founder and the man who let the >100:1 paper leverage of the futures markets out of the bag Jeffrey Christian told CNBS today that gold and silver have probably seen their peak for 2012 this week. 
Enjoy the full entertainment clip below:


25 comments:

Anonymous said...

boy, did his mother do a number on him....

duder said...

what if hes right?

Anonymous said...

This creep is a narcassist who wants attention and what better place to go than the shill network. Silver trades 23 hours a day almost five days a week. Eleven months to go, someone smarter and not as lazy as me should do the math and see how many more hours silver will trade for the rest of the year. I bring that up to try and put perspective on what he is saying is damn near impossible, in my opinion. He just wants to get on t.v. The fact is silver will go up and down, the trend overall has been two steps forward one step back. Silver can blast off at any time like it did last year. When that happens again, if they hike margins it won't be as effective. We're sitting pretty guys, worry about stuff you should worry about, silvers not one of them. A 21% increase in January put all commodities to shame.
T

Anonymous said...

Didn't I see this guy teaching typewriter maintenance at the Rocco Globbo School for Women? Besides he almost may have a legitimate argument since silver eagles seem to be flying off the shelves faster than the new Air Jordan shoes and they've managed to demand a much higher price.

Anonymous said...

not sure if that's "rocko globbo" as stated in IMDB but it sounds more like "Rocko Club O'School for women" lol, either way you get the point ;)

Anonymous said...

This is the BEST F'N contrarian indicator there is!

This is even BETTER than Gartman!

Load up the boat, this is going to be wild ride
to near 70 (if you can believe Clive Maund)

Thank you JC, I was worried before, now I can relax.

thetruth2564 said...

A little fact in reporting needed here!

Christian is not the founder of the CME Group but is the founder of the CPM Group.

;)

Rob said...

Huh, Christian didn't say anything regarding gold & silver prices. Apart from that gold is money, not a commodity. Silver is both money and a commodity.
So, no comment at all from Christian on gold & silver in this clip. Or I am deaf and/or mentally retarded ...

Anonymous said...

Did anyone even watch this clip before jumping with anti-Jeff comments? He didn't say anything about prices of Gold and Silver as pointed out by Rob. The headline is not only sensational, its WRONG!

allmetalconstruction said...

While he was saying that some commodities were going to reverse and come off it was CNBC who kept the gold silver and oil prices on the screen. Maybe they hoped people would think he was talking about those, however he did not mention them.

allmetalconstruction said...

ooops....CNBS

Anonymous said...

Apparently you guys were only listening and not watching. There was a caption (albeit small) the said "Gold and Silver will probably peak this week". The caption was a quote by Mr. Christian.

So before you bust somebody's chops watch the video again and notice the captions at the bottom of the screen.


2 oz.

Anonymous said...

P.S. Check out the 4:00 minute mark.

2 oz.

Anonymous said...

Jeff, keep rocking the hairpiece!1

The Doc said...

@thetruth: Sorry, typo, fixed now.

Anonymous said...

The best thing that can be said about this clip is my amazement that CNBC finds it necessary to stuff a microphone in the face of anyone with a cakehole for no other reason that to fill airtime and then try to pass it off as news. If they had a clue they would interview Jim Sinclair, Morgan or Casey.

Anonymous said...

now I know where that roadkill muskrat ended up.

Anonymous said...

Gartman's reach around buddy!!!

Anonymous said...

new words fits his new looks...to amuse his masters

Flying Wombat said...

You know how squirrels do a freak-out back-and-forth dance when trying to cross an active roadway? Savor the image. Gartman, Christian, Clive Maund... They all trade the precious metals markets like freaked-out squirrels trying to cross the road. Most of the time they have no idea what they're doing and they're impulsive as f*ck.

allmetalconstruction said...

USD gold may well peak this week just like the AUD/USD which it often tracks. It too is approaching a resistance at around 1.08 after a strong rally with USD gold, and silver. I'm not sure Christian said they were peaking "for the year". I would think gold might have a short term pull-back before running to the highs again but that's just my guess.

Rob said...

@February 1, 2012 5:59 AM
Well the clip is not there anymore to check but the fact remains that Christian didn't say anything on gold & silver prices in the clip as others confirm.
"A small caption"??? How to check this "small caption" was a "quote from Christian"?
CNBC perhaps is perhaps just becoming very, very corrupt in their broadcasting activities.

Rob said...

Ah, the clip is again there. I saw the .40 caption. Well, Christian didn't say this in this clip.
Sleazy corruption? These broadcasting companies are one with the establishment so ... why not???

Anonymous said...

Anybody who would make a Call like that about Gold & Silver in the first month of a new Year is an IDIOT. No one has a Crystal Ball and especially this Fool who has a track record of being wrong on Gold & Silver much more than right.
Swiss Genome

Anonymous said...

Yuk! Another banker shill.

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