President and CEO of First Majestic Silver Keith Neumeyer Predicts Triple Digit Silver During the Next Rally…
“How might tariffs on Mexican imports affect silver producers in Mexico and the price of silver in general?”
First Majestic Silver CEO Keith Neumeyer Weighs In…
“It’s quite shocking to me… It’s very harmful to the shareholders… It is manipulation and it’s used frequently. Yet, the exchanges don’t step in because the exchanges are owned by the banks… the self policing system doesn’t work because no one wants to police themselves because they’re all making too much money.”
Just how high could silver prices go if they take out the $1980 high of $50 in the next phase of the gold and silver bull market?
CEO Keith Neumeyer shares his insight on why he’s so EXTREMELY BULLISH on silver…
Keith Neumeyer, President and CEO of First Majestic Silver Corp and Chairman of First Mining Finance returns to SGT report to discuss the roller coaster ride for mining stocks in 2016 and where he think we are in the current correction. Always a straight shooter, Keith bemoans the current 70 to 1 silver to gold ratio asserting that it is no longer sustainable as miners like First Majestic are only yielding only 9 ounces of silver for every one ounce of physical gold they find, and that real world ratio is continuing to decline.
“This is outright incompetence or fraud, or both.”
The First Majestic short report issued by Kerrisdale was nothing more than a fraud-filled hit-job:
- “No One’s Ever Done This” Neumeyer Reveals How He Paid “Virtually Nothing” For Gold and Silver
- First Mining Finance – Keith Neumeyer is So Convinced Gold Prices Are Going Higher He’s Built a Company to BANK In Ground Bullion
- The CEO Reveals Big Institutions Are Using This Correction to Enter the Gold and Silver Bull Market
A MUST LISTEN SD Metals & Markets Begins Now:
In January, Keith Neumeyer, the CEO of the world’s top primary silver producer boldly predicted that silver would rise to $20 by the end of the year.
Now Neumeyer, who is also the Chairman of gold-focused mineral bank First Mining Finance (which has seen a 220% increase this year), has another bold prediction.
With his insider understanding of the resource market and close relationships with many in the industry, Neumeyer says we should prepare ourselves for gold to rise to a possible high of $8,000 per ounce, which would mean at least at least $200 for silver, with the potential to go SIGNIFICANTLY higher…
In this excellent interview with Sprott’s Thoughts, Keith Neumeyer noted that Silver Standard, Tahoe, Coeur D’Alene, and Pan American Silver have all diluted their silver portfolios toward gold. Why?
Because quality silver assets are extremely rare…
I’m looking at $3000 plus on gold and I’m looking for triple digits on silver… It sounds almost foolish… but we are mining today nine ounces of silver for every ounce of gold… Silver is way more rare than people actually think it is and the market is slowly waking up to that fact…
Too far, too fast for gold and silver prices after BREXIT chirps Jeffrey Christian on BNN this afternoon, as he pulled out all the stops to bad mouth gold, silver, and the shares.
The CEO for one of the largest primary silver miners in the world explains why this move in gold and silver prices is different:
The long bond is hitting new lows as we speak.
We’re getting really close to Armageddon here.
It’s going to be absolutely nuts…
Just what is the All-In cost to get an ounce of silver out of the ground today?
First Majestic Silver’s Keith Neumeyer provides an insider’s view on silver in this excellent interview:
First Majestic Silver has been one of the world’s best-performing stocks in 2016, nearly quintupling at best in recent months.
This outstanding Canadian silver miner runs extensive operations in Mexico, and is one of this metal’s purest producers.
Despite its blistering run this year, First Majestic remains incredibly well-positioned to greatly leverage silver’s mean reversion higher.
Investors should consider taking a look…
According to this industry insider, the price of silver is set to surge 9 fold on massive tech gadget demand for the white metal.
“The silver rally is just beginning. What we’ve seen in the last two months is just the beginning of the next bull market…”
As regular readers know, we have long warned that the End Game for the banksters manipulation of the bond markets & interest rates via gold and silver manipulation will occur when industrial users of physical silver, namely the colossal electronics industry- sniff the first signs of a wholesale shortage of physical silver, and begin panic hoarding of silver to ensure continued production of their tech gadgets.
As First Majestic CEO Keith Neumeyer reveals in this stunning Bloomberg interview, that End Game industrial supply panic may have just begun…
First Majestic Silver’s CEO Keith Neumeyer (who advised SD readers in a 2012 interview that “I am a TRIPLE DIGIT silver guy“) has just stepped to the plate as the first major player in the silver market to call out the CFTC on massive silver manipulation by commercials acting as speculators.
In an open letter to CFTC Chairman Timothy Massad, the CEO blasted the CFTC:
“Something is wrong with the price discovery process, since real producers and consumers of silver don’t appear to be represented…”
In this week’s Metals & Markets, The Doc & Eric Dubin break down the week’s action discussing:
- First Majestic Silver takes on the cartel- holds back 35% of Q3 silver production- CEO Keith Neumeyer issues call for silver miners to form their own cartel to put an end once and for all to paper manipulation
- Russian/ US Geopolitical crisis escalates- Putin warns of MAJOR CONFLICT with US, loss of reserve currency status for dollar
- Swiss Gold Referendum- could a YES vote shatter the cartel’s grip on gold?
- Silver market tightens- premiums are on the rise as Royal Canadian Mint begins allocating silver maples, major private mints running production delays on PHYSICAL metal
- Gold predictably capped at $1250- whats next for gold & silver?
The SD Weekly Metals & Markets With The Doc & Eric Dubin is Below:
Submitted by Adam Hamilton, Zeal
A MUST READ analysis of global silver mining production since 2001 over the world’s top silver producing nations.
Over the course of silver’s secular bull, the miners have steadily increased production in order to meet fast-growing demand. And in 2012 while US production declined, global silver mine production exceeded 24k metric tons (770m+ ounces), an all-time production high and 28% increase over 2001. As an investor interested in silver’s structural fundamentals, this rapid growth begs a question. Where in the world is this silver coming from?
By SD Contributor SRSrocco:
While it is true that the gold & silver miners have underperformed the bullion… I believe we are going to see a different story in these stocks in the next several years. Right now, you can’t give the da*n things away. Of course, it’s not as bad as the end of 2008… early 2009, but the sentiment is pretty bad.
I believe the gold and silver miners have been hammered… yes. I disagree with many of those on KWN that the stocks are way UNDERVALUED… they AIN’T