The Northern Miner Podcast Jeffrey Christian on Fort Knox, London gold reserves
Mar 11, 2025
Jeffrey Christian, managing partner at CPM Group, offers keen insights on the gold market, advocating for the existence of gold in Fort Knox while dispelling popular rumors. He discusses the recent gold movement from London to New York and dives into trends in silver, platinum, and palladium. Joining him is John McCluskey, president of Alamos Gold, who reveals the company's strategic plans and operations in Canada and Mexico, highlighting the evolving landscape of gold mining amidst fluctuating prices.
AI Snips
Chapters
Transcript
Episode notes
Gold Flows
- Gold moved from London to the U.S. due to stronger North American demand and Polish Central Bank purchases.
- This was further amplified by arbitrage opportunities and tariff concerns, not solely due to Trump's policies.
Fort Knox Gold
- Fort Knox holds the majority of U.S. gold reserves and undergoes annual audits by KPMG.
- Claims of missing or leased gold are false, fueled by those seeking to create distrust in the government.
Visit to Fort Knox
- Jeffrey Christian has visited Fort Knox and other gold depositories.
- He emphasizes the strict auditing procedures, including sealed vaults and bar lists, ensuring transparency and security.