First Majestic CEO Keith Neumeyer, “I am a Triple Digit Silver Guy, so I think we are going back to a ratio of silver to gold in the 20 range.”
Keith Neumeyer, CEO of First Majestic Silver Corp., Exclusive Radio Interview With BullRun of SilverDoctors.com.
When asked on his views of the future of the metal….
I am comfortable with investing part of our revenue or part of our earnings into the metal.
We did invest $10 million in the PSLV which is Sprott’s ETF. We are the only mining company that actually invested in that fund. Quite surprisingly to me, I communicated with I think 5 other silver mining companies’ CEOs over a period of week prior to that offering by Sprott. I told them that First Majestic would participate in the offering and I asked them to participate as well. Not one of them did to my surprise. We are happy to do it, but it was a bit surprising that other miners did not participate.
First Majestic Silver Corp. is the first silver miner to be featured on SilverDoctors.com and has given us 7- 1/2 oz promotional rounds to be given out to SD Readers. Silver rounds will be awarded as part of daily contests from 4/15-4/21.
FULL INTERVIEW BELOW NOW AVAILABLE:
The Singapore Mercantile Exchange (SME) has announced plans to launch e-gold and e-silver contracts in May.
The futures contracts will be CASH SETTLED against the benchmark gold and silver futures
We have our doubts that the banking cartel will be able to fool Asian investors into fools gold and silver as easily as Westerners are. [Read more...]
Governments will naturally resist a return to a gold standard because it forces discipline they don’t want. It forces them to make a choice: reduce spending, raise more taxes, or GET MORE GOLD.
The modern world has never been better positioned to use gold as a medium of exchange than it is right now.
James Turk talks gold with our friend BrotherJohnF. Turk recommends readers continue to accumulate physical precious metals, and that there are many years remaining in the bull markets for gold and silver.
Turk discusses his views on the end-game of the current fiat system: accelerating deflation met with printing, resulting in a hyper-inflationary collapse.
(If you’re talking about dollars you will see hyper-inflation, if you’re talking about gold, you will see hyper-deflation). [Read more...]
Silver COT Report 4/13/12 [Read more...]
Gold COT Report 4/13/12 [Read more...]
Now that we have had a few days to settle into the new SilverDoctors.com, let’s go over some of the features and detail the DAILY PHYZZ GIVEAWAYS which will begin TOMORROW, April 15th. [Read more...]
Chris Martenson discusses metals manipulation and the European crisis with the lovely Lauren Lyster on tonight’s Capital Account.
BrotherJohnF is back with another Silver Update: Pirate Economy
Our friend Silver Shield of Dont-Tread-On.me has released one of the best and most complete documentaries of silver market manipulation to date.
SD reader RedditSilverbugs caught up with Max Keiser at last night’s SLA event, and talks with Max about the salted Tungsten bars discovered in the UK, the SLA, and the war launched against the banksters and the bullion cartel.
Max tells SD that it’s time to forget the academia and education about precious metals, and its time to TAKE ACTION against the banking cabal!
Max predicts silver is starting its next major bull move right now, which will take silver to new all-time nominal highs.
Full interview below: [Read more...]
An SD Reader’s Free Market Solution to the Silver Manipulation
From SD Reader Cleburne61
This Financial Hydra, this entire thing is insanity.
One person. That’s all it would take. [Read more...]
Many readers who have not watched gold and silver’s trading action over the past decade, cry foul when The Doc claims that the regular co-ordinated gold and silver take-downs on the LBMA open, COMEX open, and LBMA fix are acts of manipulation rather than free-market corrections/ sell-offs.
Perhaps the following chart will silence the naysayers, as it proves gold capping and manipulation by the cartel to an almost unbelievable degree. [Read more...]
First it was Italy implementing capital controls and a €300 cash transaction cap, now Spain.
Spanish PM Mariano Rajoy has announced that the Spanish gov’t will implement a hard cash transaction cap in Spain of €2,500.
While not nearly as low a level as Italy’s draconian €300 cap, Spain’s step to implement a cash transaction cap is merely the latest symptom of the metastasis of the European debt crisis.
Expect to see the exact same measures implemented in the UK & the US within the next 3 years.
SD’s acronym for the global debt crisis will catch on yet, count on it.