This is a special edition of Macrovoises with hedge fund manager Eric Townsend.

The premier financial podcast targeting professional finance, high net worth individuals, family

offices, and other sophisticated investors.

Now for this special edition of Macrovoises, here's hedge fund manager Eric Townsend.

Macrovoises Hot Topics episode 13 was recorded on April 5, 2020.

I'm Eric Townsend.

This episode of Macrovoises is dedicated to the true heroes of the COVID-19 crisis,

health care workers around the world.

Please join us in supporting them.

This episode was made possible by the generous donations of listeners like yourself.

Joining me today is Jeffrey Christian, founder of CPM Group, and we're going to do a special

episode on the gold market and some of the mechanics of the gold market.

In a recent Macrovoises podcast, we had quite a bit of feedback from my comments in the

market wrap and we want to go deep on the subject of the physical gold market, how it works,

and what investors need to know about it.

Jeff, thanks so much for joining us.

I want to start with the big picture.

I've got my long list of reasons that I am extremely bullish gold in the long term.

Pritious metals generally silver as well.

I've said are going to be the assets to own in the 2020s.

But you're a guy who has a reputation for, despite being in this industry, being quite

willing to sometimes take a bearish view.

...