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

94

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

  Refresh
simjojim
Apr 18, 2016 - 9:04am

@ Whitecastle123

You're awesome already.

Apr 18, 2016 - 9:03am

This is also from last Thursday

Just released a few hours ago:

Whitecastle123simjojim
Apr 18, 2016 - 8:57am

Pizza.

Yes, buy the damn pizzas and a new jacket. Life's too short to be an oppressive dick.

simjojim
Apr 18, 2016 - 8:44am

A Silver Comparison

I haven't read or listened to this post but if I don't get this down I'll forget. For the last few years I've been at odds (although they DO understand) with my family. For instance when shopping I value everything in ounces of Silver. Say my first child wants to buy a jacket she doesn't need, well I remind her how many onces of Silver she could buy instead. No luck!!!! LOL my own children who will probably inherit most of my stack are still interested in buying shit they don't need. They are slowly coming around to how much things cost versus an ounce of Silver. A great example is pizza. Order 2 pizzas and pay 25 bucks or order none and buy yourself a one ounce silver coin!!!! Put another way, would you swap one of your Silver coins for 2 pizza's???

AIJ
Apr 18, 2016 - 8:37am

Can't you sense the sarcasm?

I thought that was pretty clever.

Mickey
Apr 18, 2016 - 8:36am

Cash only

the intergovernmental debt does not count. Thats the liability to social security and medicare.

Now, the govt also does not recognize the unfunded liability for soc sec, medicare, prescription drugs, medicaid, obamacare, the pensions of federal employees, the promissed retirement healthcare of govt employees, etc.

that would be depressing if that was disclosed.

incorporation. They have to record and show the present value of unfunded. A retirement trust is a separate entity. Thats why it is in a trust. Its supposed to be funded as you incur the obligation, not pay as you go.

just another reason why things are all screwed up.

just imagine the regular evening news saying the us total debt is 200 trillion and we are running a 1.5 trillion cash flow deficit. Then asking how long will it take to pay off the 200 trillion, or even if it was 100 trillion when the current cash flow is minus 1.5 trillion?

s1lverbullet
Apr 18, 2016 - 8:36am

Miners

Currently looking to open strong. Most of my juniors have current bids above Friday's closing price. This all could change in the next hour, but for now it looks like another fun day on the shares.

Have a great day Turdville!!!

Mobius
Apr 18, 2016 - 8:17am

They're not on our timeline

Fandango, sir, appreciate your thoughts. I think those of us that have been in the PMs for a while understand the true meaning of patience. Most of us want the "big bang" / rocketship to the moon for PMs, the exposure and bringing to light the monetary manipulations of the past decades, the righting of the ship, the criminal fraud to come to an end, and the American dream to be restored. Those on the other side, performing those trades, those manipulations, in the names of governments and the political forces behind them (not to mention lining their own wallets) want no such exposure. They may even want a return to a solid footing, but not at the expense of exposing their past deeds (and possibly going to jail). We have only natural economic law to ensure that which we believe will play out in the long term. Truth be told, there's no real reason that gold and silver couldn't be supressed for the next thousand years (you and I will both be rolling in our graves). But they will be supressed at higher and higher prices as long as there are people that believe they hold constant monetary value. Not because they increase in value, but because fiat is doomed to depreciate....and yes failure is likely but not a given. Loss of value is geometric, not linear - so even after you lose, say 98 percent of your currency's value in 100 years....that doesn't mean you can't just simply lose 98% (or less, or more) of the remaining 2% of the value over the next 100 years. There is no guaranteee of failure. I don't believe we get a come to Jesus moment for the banksters and the politians. I believe we get a release valve price action and a continuation of what exists today. Not trying to be cynical and that release valve may be quite nice for all in this community...but without big moves by big players such as China, a rebellious American public, a wikileaks style exposure of all things financially corrupt at the central banks, or a combination of such factors, I see the game continuing as it always has. Those in power dont care about the economy (or the price of gold), they only care about power and anything that keeps them in power (which may mean keeping the price of gold suppressed, from time to time).

cashonly
Apr 18, 2016 - 7:50am

The Federal debt just shrank

https://time.com/4293549/the-united-states-of-insolvency/?xid=homepage&pcd=hp-magmod

“The $19 trillion figure ticking upward on the famous National Debt Clock adds the debts the government owes itself. (How does this pseudo bookkeeping work? The Social Security Administration takes in–temporarily–more than it pays out. With the surplus it buys Treasury bonds. The bonds enlarge the debt clock’s debt.)”

So the Government really only owes $13,903,107,629,266? Silly me, I thought a lot of the 'internal debt' was held by: Bond funds, pensions, banks, hedges, etc....

They are changing the rules of the debt-shit-show once again. Must buy more 'real money'......

LostMind
Apr 18, 2016 - 7:46am

Great Harry Dent interview on Infowars

Video unavailable

Basically saying that Chinese about to implode over the next month or two, then real estate will follow first in China, then globally...

Subscribe or login to read all comments.

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 8/10

8/10 10:00 ET Job openings
8/11 8:30 ET Producer Price Idx
8/12 8:30 ET Consumer Price Idx
8/13 8:30 ET Initial jobless claims
8/13 8:30 ET Import Price Idx
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Unit Labor Costs
8/14 8:30 ET Cap Ute and Ind Prod
8/14 10:00 ET Business Inventories

Key Economic Events Week of 8/3

8/3 9:45 ET Markit Manu PMI July
8/3 10:00 ET ISM Manu PMI July
8/3 10:00 ET Construction Spending
8/4 10:00 ET Factory Orders
8/5 8:15 ET ADP employment July
8/5 9:45 ET Markit Service PMI
8/5 10:00 ET ISM Service PMI
8/6 8:30 ET Initial jobless claims
8/7 8:30 ET BLSBS for July
8/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 7/27

7/27 8:30 ET Durable Goods
7/28 9:00 ET Case-Shiller home prices
7/29 8:30 ET Advance trade in goods
7/29 2:00 ET FOMC Fedlines
7/29 2:30 ET CGP presser
7/30 8:30 ET Q2 GDP first guess
7/31 8:30 ET Personal Income and Spending
7/31 8:30 ET Core inflation
7/31 9:45 ET Chicago PMI

Key Economic Events Week of 7/20

7/21 8:30 ET Chicago Fed
7/21 2:00 ET Senate vote on Judy Shelton
7/22 10:00 ET Existing home sales
7/23 8:30 ET Jobless claims
7/23 10:00 ET Leading Economic Indicators
7/24 9:45 ET Markit flash PMIs for July

Key Economic Events Week of 7/13

7/13 11:30 ET Goon Williams speech
7/13 1:00 ET Goon Kaplan speech
7/14 8:30 ET CPI for June
7/14 2:30 ET Goon Bullard speech
7/15 8:30 ET Empire State and Import Price Idx
7/15 9:15 ET Cap Ute and Ind Prod
7/16 8:30 ET Retail Sales and Philly Fed
7/16 11:00 ET Goon Williams again
7/17 8:30 ET Housing Starts and Permits

Key Economic Events Week of 7/6

7/6 9:45 ET Markit Service PMI
7/6 10:00 ET ISM Service PMI
7/7 10:00 ET Job openings
7/9 8:30 ET Initial jobless claims
7/9 10:00 ET Wholesale inventories
7/10 8:30 ET PPI for June

Key Economic Events Week of 6/29

6/30 9:00 ET Case-Shiller home prices
6/30 9:45 ET Chicago PMI
6/30 10:00 ET Consumer Confidence
6/30 12:30 ET CGP and SSHW to Capitol Hill
7/1 8:15 ET ADP Employment
7/1 9:45 ET Markit Manu PMI
7/1 10:00 ET ISM Manu PMI
7/1 2:00 ET June FOMC minutes
7/2 8:30 ET BLSBS
7/2 10:00 ET Factory Orders

Key Economic Events Week of 6/22

6/22 8:30 ET Chicago Fed
6/22 10:00 ET Existing home sales
6/23 9:45 ET Markit flash PMIs for June
6/23 10:00 ET New home sales
6/25 8:30 ET Q1 GDP final guess
6/25 8:30 ET Durable Goods
6/26 8:30 ET Pers Inc and Spending
6/26 8:30 ET Core inflation

Key Economic Events Week of 6/15

6/16 8:30 ET Retail Sales
6/16 8:30 ET Cap Ute and Ind Prod
6/16 10:00 ET Chief Goon Powell US Senate
6/16 4:00 pm ET Goon Chlamydia speech
6/17 8:30 ET Housing Starts
6/17 12:00 ET Chief Goon Powell US House
6/18 8:30 ET Initial Jobless Claims
6/18 8:30 ET Philly Fed
6/19 8:30 ET Current Account Deficit
6/19 1:00 pm ET CGP and Mester conference

Key Economic Events Week of 6/8

6/9 10:00 ET Job openings
6/9 10:00 ET Wholesale inventories
6/10 8:30 ET CPI for May
6/10 2:00 ET FOMC Fedlines
6/10 2:30 ET CGP presser
6/11 8:30 ET Initial jobless claims
6/11 8:30 ET PPI for May
6/12 8:30 ET Import price index
6/12 10:00 ET Consumer sentiment

Recent Comments

by streber, 2 min 7 sec ago
by cmhenry, 4 min 20 sec ago
by downrange, 9 min 25 sec ago
by RangeRider49, 10 min 52 sec ago
randomness