A Timely Discussion With Keith Neumeyer, CEO of First Majestic Silver

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Late Thursday, I had an opportunity to visit again with Keith Neumeyer, CEO of First Majestic Silver. And what timing! In this 20-minute call, not only will you hear Keith discuss the prospects for First Majestic and First Mining Finance, you'll also get his first takes on the major news regarding DeutscheBank and their admitted rigging of the London silver fix.

This is one podcast that you definitely want to hear and it is well worth your time. Among the topics Keith addresses:

  • The Deutschebank settlement news and the global manipulation of silver prices
  • The condition of First Majestic Silver (symbol: AG) and how a $1 move in the price of silver flows through to their bottom-line earnings
  • The exciting prospects for First Mining Finance (symbol: FFMGF) as evidenced by the over 50% move in the shares in just the past week

And much, much more. Again, this is audio you simply must take the time to hear. Dig in.

TF

  94 Comments

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simjojim
Apr 18, 2016 - 10:55pm

@ whitecastle

I took your advice, I swapped my stack for pizza. Do you want me to send you a piece?

Grey Mare
Apr 18, 2016 - 10:20pm

thanks Phil

good info,

GM

phil288
Apr 18, 2016 - 8:29pm

Grey Mare

Sabina added to Doody's Gold Stock Analyst top ten yesterday. Thin stock, big move.

silver66
Apr 18, 2016 - 4:27pm

Silver Bitchez

Picked this baby up this weekend

It is a new coaster at the office :-)

1 Kilo of pure silver !!!

Silver66

Grey Mare
Apr 18, 2016 - 4:08pm

Madam...

Are you following Sabina (tsx: sbb)? Rather remarkable move today on high volume, no news...?

GM

madams777
Apr 18, 2016 - 4:04pm

FFMGF

Another record-breaking volume day, following a week of record-breaking volume. Some sellers asserting themselves intraday but stock held up. FWIW

cashonly
Apr 18, 2016 - 3:06pm

Mickey

Thanks for education. They can use accounting gimmickry all they want but as you have pointed out they cannot deny unfunded liabilities coming due.

The funniest thing is that people believe that SS is fully funded. Whenever the topic of SS comes up in Congress and they ask the SSA for a report, that report always show FULLY FUNDED until 2039. However, correct me if I am wrong, the SSA builds that report with those PROMISSORY NOTES (bonds) that have absolutely no value. SS is nothing more than a 'pay as you go' system. Sad.

The Titanic is sinking, those in the know aren't telling anyone as there are only so many lifeboats. They know who is getting in.

BarnacleBill
Apr 18, 2016 - 2:00pm

Just curious

About the investigation into PM manipulation. Isn't it a moot point in the US as our central bank is already empowered by law and/or regulation to manipulate as it sees fit? Or are their minion banks not given that cover?

Speaking of manipulation, I'm not waiting for a stock market crash anytime soon because that's the only game in town for the Fed to "fool" the fools with the wealth effect.

But I'm a stack in' I am I am!

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Mickey
Apr 18, 2016 - 12:41pm

CashOnly

I followed the situation back to 1995 when the trusts held marketable securities. Somehow those marketable securities were "traded" with the US treasury and in return teh trusts received a non tradable bunch of treasuries.

thats akin to enron raiding the retirement accounts marketable securities and giving them enron debt securities. enron gets very liquid in a hurry.

So the govt thinks the trusts belongs to the govt anyway and consolidates that for its debt and financial picture, but the govt does not consolidate say Fannie or Freddie or federal home loan banks etal.

It picks and chooses what it wants to do. Its basically a secret when it issues the GAAP based financial statements. Nobody wants to discuss the 88 trillion of unfunded teh govt recognizes (vs 200 trillion from Kotlikoff).

and when they look at debt to gdp they do not recognize the 6 trillion of intergovernmental which is also wrong as then the debt to GDP is well above the 90% that Rogoff and Reinhart said it tthe tipping point and then with unfunded 88 trillion we are several times the 90%

its all there for people to see how much trouble we are in and the media , crooked media does not report it. Guess why? The system shuts down as soon the the 98% realizes we are so screwed.

that lying and propaganda was used in 1920's germany and that economy in those prehistoric days took 18 months to break once printing went parabolic. How long will it take now with all the great communication? Once its mentioned on FB b it spreads like wildfire.

BTW--why is the Bern not saying this and the other issues if he is so fucking truthful?

Royal Flush
Apr 18, 2016 - 11:58am

Has the world gone mad?

The DOW at almost 18,000 for no apparent reason. Unreal...INSANITY!

There will be a great gnashing of teeth. Investors will be jumping from tall buildings to their death. Cats and dogs will be sleeping together. It's the end of the world I tell you!

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