Keith Neumeyer: Big Institutional Money is Moving Back into Silver

By Palisade Radio / August 09, 2019 / marketsanity.com / Article Link

Time Stamp References:0:40 - Building First Majestic Silver.3:00 - Silver the misunderstood metal.5:30 - Are we back in a bull market for gold?7:20 - Institutional money is coming back.8:30 - How will the resource equities perform?11:00 - Management teams are key.

Keith discusses the early days of building First Majestic Silver. People thought he was crazy to start a silver company, but they are now one of the top five silver producers on the planet. Silver is a very misunderstood metal, but for Keith, it is a strategic metal that the world will continue to need. Eventually, current silver production deficits will show up as higher prices.

Silver is currently lagging and needs to get above 17.50 and then break through resistance at 18.50. He expects silver mining equities to do quite well as silver gets into the mid-twenties.

Keith Neumeyer is the president and CEO of First Majestic Silver, one of the largest primary silver mining companies in the world. He's also the founder and chairman of First Mining Finance. Both companies are traded on the Canadian and U.S. stock exchanges.

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok