FMT Interviews Keith Neumeyer of First Majestic

25
Sun, Apr 5, 2015 - 9:51am

In this terrific new video, Future Money Trends interviews Keith Neumeyer, the CEO of primary silver miner First Majestic.

You'll recall the Mr. Neumeyer made waves last year by openly stating that paper silver prices were manipulated. In this call, he discusses the industry reaction to his claims, the effect that lower energy prices is having and the currents status of mining, in general. Toward the end of the interview, there is also a discussion of the pending "global reset" that so many are anticipating.

Additionally Mr. Neumeyer, along with Rick Rule and Eric Sprott, is launching a new company that will act as a "mineral bank" with the plan of acquiring high quality assets from distressed sellers.

The original link and text can be found at Future Money Trends and I encourage you to click here: https://www.futuremoneytrends.com/trend-videos/interviews/fortune-buying...

​Happy Easter and I look forward to an interesting week ahead.

TF

About the Author

Founder
turd [at] tfmetalsreport [dot] com ()

  25 Comments

vonburpenstein
Apr 5, 2015 - 10:03am

first?....

....my life is complete now that I beat Marchas! How bout them badgers!

lnardozi
Apr 5, 2015 - 10:03am

I do believe I am

Second, lost and alone in the wilderness, abandoned by the Firster who left me here.

vonburpenstein
Apr 5, 2015 - 10:04am

not so fast...

...my friend....and 3rd

infometron
Apr 5, 2015 - 10:09am

Third (drat)

Not quite as majestic as being first (or second) :^(

Fourth?! Even worse... someone has been double dipping (yes you von ;^)

Okay, here is something that I think is well worth the read:

https://philosophyofmetrics.com/2015/03/25/when-will-china-end-the-dollar-peg/

Now for the interview... Thanks Craig, and Happy Easter Sunday everyone

Mr. Fix
Apr 5, 2015 - 10:34am

A 5th

Happy Easter

Marchas45
Apr 5, 2015 - 11:40am

Nope Fix

I'm 5th You 4th

Apr 5, 2015 - 12:10pm

@infometron

Good piece for anyone interested in possible timing on gold, RMB and China reserves: "Returning the time frame for the RMB to end the peg to the USD, we are still faced with the two possible dates of May and Oct, with the final results being in full effect on January 1, 2016. It could really happen at any time in between May and Oct, but I will put forth one possibility which has begun to settle well on me, considering the careful action of China at every step of internationalizing the yuan. It is possible that we could see China announce their full gold holdings in April or May, in time for the first formal meeting on the SDR, and perhaps even partially peg the RMB to gold, while at the same time widening the USD peg instead of removing it. This would allow the Chinese to feel their way through any possible market adjustments or fluctuations in the price of gold, and volatility with the dollar. This would serve to apply more depreciation pressure on the USD in the lead up months to the US budget crisis and SDR confirmation meeting in October. At that time, China could fully sever the peg with the USD and allow the yuan to float freely and realize the price discovery appreciations which would have built up in the currency like a stored kinetic energy. The other ASEAN members would follow and lead into the final implementation of the AEC blueprint by the end of the year, which is meant to correspond with the new SDR on January 1, 2016. And lets not forget that the AIIB and BRICS Development Bank will also be fully operational at that time as well. When faced with time frames of either May or Oct for the depeg to occur, it is my contention that it will happen piecemeal, with a widening of the peg range in May, followed by a full ending of the peg in Oct. The official gold holdings and any partial support this may offer to the yuan could happen on either time frame, though I’m leaning towards sooner rather than later. What is certain is that we are going to wake up on the morning of January 1, 2016 living in a different world than the one we are living in today. This could very well be the last year of American hegemony." I remain wary of JC Collins for his (earlier) insistence on the upcoming all-dominating role of IMF and the SDR, but this is a piece worth considering.

Mr. Fix
Apr 5, 2015 - 12:56pm

@ Marchas45

As long as I beat you and Silver 66, it's a good day.

goldcom
Apr 5, 2015 - 12:58pm

Neumeyer may be reading it right

Thanks for the link Turd. Compared to most all PM CEO's Neumeyer gives more credence to the investment side but even he still pulls back on thinking there will be any direct backing of currency with metals. Then again when you think about it the Keynesians have worked decades to set up a whole new belief system to demonize PM's and anyone that thinks they could be money or even a good store of value. Just look at the fact that when Neumeyer held back sales and tried to get other miners to go along he was looked upon as a kook by his peers and every one of those other CEO's should be thanking their lucky stars the investment market in metals is so strong and supporting demand for their company.

The World Gold Council does show some information about CB holdings but is full of misinformation about demand with a whole team of supposed experts they do a very poor job of defending their analysis of demand at the Shanghai Gold Exchange with little ol Koos Jansen winning the argument IMO.

Someone said on a link or interview recently that a miner that was a founder of WGC said "something like" it is idiotic to think we can't come up with a better monetary standard than a gold standard. I googled it but couldn't find this guy or his statement, but if true unlike a lot of organizations like WGC founders principles often are lost and the organization goes in a different direction but not the WGC, they are just part of the larger deception of the Keynesian stranglehold.

I most definitely think our time is coming and the market will rise much higher but Neumeyer's insight may very well be correct that some kind of linkage of currency to gold will be coming and that is all we will get this time around and I see the people too uninformed and desperate when the time comes to pressure TPTB into a gold standard.

silver66
Apr 5, 2015 - 1:07pm

Fix

I have an excuse, out with family for Easter brunch. I now a am suffering from the first world problem of a food coma.

I shall be watching videos and drifting in and out of consciousness for the next two or three hours

Top ten

Silver66

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