CPM Group, GATA To Go Head-to-Head On Manipulation At Silver Summit

CPM Group, GATA to Go Head-to-Head on Manipulation at Silver Summit

Jeffrey Christian, founder and managing partner of CPM Group, is ready for this week's Silver Summit 2013. His question is whether the Gold Anti-Trust Action Committee (GATA) can say the same.

Last week, in an interview with Bull Market Thinking's Tekoa Da Silva, Christian explained that for the last few years, the summit, which is hosted by Cambridge House, has been an opportunity for his company to disprove "all of the lies and misrepresentations that the gold and silver conspiracy people throw out there." Specifically, he pointed to the fact that CPM Group has "methodically and factually and shown the extent to which [GATA] misrepresent[s] what people have said."

He expects this year to be no different — he told Da Silva that "of course" he will be talking about the Commodity Futures Trading Commission's recent closure of its investigation into the alleged manipulation of the silver market, also stating that he will cover "other misrepresentations in the market."

In response, GATA said in a statement that "GATA Chairman Bill Murphy will be present to disagree [with Christian] and to note that if the gold and silver markets are not manipulated, they may be the only such markets these days." Murphy also reportedly commented that "it's about time the investing world wake up to the obvious," as per a press release from Cambridge House.

Both presentations promise to be entertaining as well as informative.

Long-term silver outlook

On a calmer note, Christian told Da Silva that conference attendees can also expect to hear him talk about "the outlook for silver and the outlook for the global and US economies." Though he gave no further details, it is likely that he will build off of CPM Group'saSilver Long-Term Outlook 2013 study, released last week.