Keith joins Silver Doctors for an critical update on gold, silver, the mining sector, the gold-to-silver ratio, the Fed rate hikes, and a whole lot more…
As gold and silver are consolidating, the mining sector is going into an interesting change. Young people are coming into the mining sector and new technologies are being brought in.
Neumeyer does not believe central banks can afford to take rates much higher. Over the next couple years, he expects the Fed to cut rates which will be bullish for gold.
The gold/silver price ratio is about 85/1. Neumeyer explains why he sees the ratio collapsing to 9/1.
Silver is still under the cost of production for many mining companies. High oil prices are affecting the mining sector negatively.
Lastly, Neumeyer shares First Majestic Silver’s recent growth in production.
Tune in to the interview in its entirety below:
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.