By now, most have seen last week's announcement from First Majestic Silver regarding their decision to withhold some silver from the market at these price levels. In this remarkably candid interview, the CEO of First Majestic proposes a new "Silver Producer Cartel" to counter the price manipulations so prevalent in today's paper markets.
This video is posted at Dan Ameduri's FutureMoneyTrends site. You can find it here: https://www.futuremoneytrends.com
In this 15-minute interview, Dan and his guest Keith Neumeyer, the CEO of First Majestic Silver, discuss a number of very important topics, including:
- First Majestic's recent quarter
- The rationale for holding back silver from the market
- How to operate a mining company at these price levels
- The idea of forming a "Silver Producer Cartel" to counter the manipulative effect of the Comex
Remember, as you listen, that First Majestic is world's largest primary silver producer.
This is fabulous and extraordinarily timely. Please be sure to give this interview a thorough listen.