An Update from Keith Neumeyer of First Majestic Silver

149

Last week, I had the privilege of once again speaking with Keith Neumeyer, CEO of First Majestic Silver and chairman of First Mining Finance. If you hold shares in either of these companies, you should be sure to give this a listen.

With all that's going on in the world, this update from Keith could not have been more timely. Over the course of this 16-minute call, Keith addresses:

  • The global supply/demand dynamics for silver and his opinion of derivative trading on the Comex
  • An update on the 2016 run-up in the share price of First Majestic as well as his thoughts on the recent pullback in the sector
  • The recent spinoff of three projects from the portfolio of First Mining Finance to a newly-created exploration company called Silver One Resources.

Again, anyone with holdings in AG or FF will certainly find this information worthwhile. Please take the time to give this podcast a thorough listen.

TF

  149 Comments

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James Crightonagjames
Sep 19, 2016 - 12:06pm

@agjames - 10:28am post

....... a glimpse of things soon to come .............................

jc

agjames
Sep 19, 2016 - 10:35am

Maybe just a data feed error?

Here's a chart from investing dot com:

agjames
Sep 19, 2016 - 10:28am

Bitcoin

Does anybody have an idea as to why bitcoin spiked over 1000 in the last day on the coin desk website

infometron
Sep 19, 2016 - 9:17am

Keith Wiener

I quote:

'Just repeat after me: “the Fed makes the economy more stable.”'

Seriously?! This guy just lost whatever small modicum of credibility he may have had left.

https://www.zerohedge.com/news/2016-09-19/silver-rocket-and-gold-moribund-report-18-september-2016

BillD
Sep 19, 2016 - 8:51am

Think about this

28m28 minutes ago

Chilling moment in packed subway car when everyone's phone buzzed w alert about bombing suspect at the same second.

kryton619
Sep 19, 2016 - 8:02am
Safety Dan
Sep 19, 2016 - 6:04am

The SDR was created in 1969

The SDR was created in 1969. The SDR began life as 100% GOLD-BACKED ASSET, equivalent to 0.888671 grams of fine gold. So from 1969 to 1973, the first four years of its life, the SDR was not a basket at all.

https://www.imf.org/external/np/exr/facts/sdr.htm

The “new” SDR (basket of fiat) and the “old” SDR (gold-backed) are about to amalgamate. This is the core of the SDR CONfidence game now shaping up – the “Western” bankers get their global monetary system and continued usury, the “Eastern” bankers get their desired gold lining, everyone involved gets global control.

Chatham House actually drafted a task force to find a way to re-add gold to the SDR basket, and a “digital gold currency” was one of the many things they recommended:

https://www.chathamhouse.org/sites/files/chathamhouse/public/Research/In...

simjojim
Sep 19, 2016 - 5:28am

How easy would it be

if everyone wasn't a lying CUNT?

Hi, I'm Hillary and I lie.

Hi, I'm Trump and I lie.

Hi, I'm the main stream media and I lie.

Hi. I'm every one, thing, you've ever met and I lie.

Just imagine for one minute we could base our life decisions upon the truth?

Cheers.

Visit the FAQ page to learn how to track your last read comment, add images, embed videos, tweets, and animated gifs, and more.

Sep 19, 2016 - 5:24am

Filling gas tanks

I live out west and I think I'll start keeping mine topped off with some gas in reserve. I figure they will get this situation corrected before losing too much money or shutting down the east coast though.

Back in 2011 when the price was rising dramatically, we purchased a large aluminum tank (500 gallons) for our home in Ohio and filled it a few times. A big truck would come out and top it off in 5 minutes. I sure liked having that gas in reserve as price rose in our region. And I liked the convenience of filling the car's tank at home even better. But I did not like having a large quantity of flammable material there next to the house.

After the collapse didn't happen in 2012, we sold the tank and eventually moved.

Lemming
Sep 19, 2016 - 3:21am

When Lamestream Is No Longer Able To Skew Results.....

....in favor of the communist one world goverment candidate, you know Trump is winning by a landslide.

Zero Hedge:

"But, now it's looking increasingly likely that Reuters will have to "tweak" their polling data again as recent results show a massive Trump surge that have thrust him into the lead."

https://www.zerohedge.com/news/2016-09-18/what-panic-looks-reuters-polls-show-huge-shift-electoral-map-toward-trump

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