“There’s a rush into gold because of the de-dollarization of the world. It has nothing to do with the interest rates,” asserts Keith Neumeyer, CEO of silver powerhouse First Majestic. In a conversation with Daniela Cambone at this year’s 2024 PDAC Conference, Neumeyer confidently reiterates his vision of silver surpassing $100 per ounce. With 1.2 billion ounces in demand and only 820 million ounces in production, there’s a notable disparity, Neumeyer emphasizes, highlighting the looming silver deficit, set to escalate in 2024.
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6:57 Silver as a critical mineral
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The FED !!!
$100 would be ok, … but I'd want to pick up quite a bit more at these "lower prices", as I have a CD at my Credit Union, that is maturing mid-May, and I'd want to use that to purchase some more.
Green deal ramping up
Silver to the moon🥂🥂🚀🚀😎😎
Hi Gorgeous Daniela and Guest
Keith & Daniella! Always a great discussion! 👏🏼
His time frame for $100 silver is between tomorrow and 2089.
Silver has gone down 50% since August 2010. Not a good investment.
Love your show, also love itm trading too, thank you for all your interviews
People will talk down on silver until they can't.
My question would be to Keith when do u think you will make money.
Russia and China are in Gold in BTC – What happens will be big.
$100 silver? Fertilizer!
The man who's working behind the scences to DEMONETIZE silver forever, Keith Neumeyer!
Look at those bags under Keith’s eyes
Just chimed in to say I got into silver 22 years ago. They said 100 an ounce so I bought a ton. Still waiting been selling bars and coins for 3 years and buying BTC. Best thing I ever done in my life
Thank you for another fantabulous interview.
Not sure why Daniella did not ask Keith the following. If Silver demand has been exceeding production for the past six years by those numbershe quotec.. Where is the silver coming from? If its being consumed as Keith said there would be a shortage in the market since its not paper silver. Disappointed she did not ask any tough questions. Producers are always optimistic no matter what. That is there passion.
Keith’s right, already! There’s already real silver selling here at $100 oz,
Appreciated real silver bullion coinage. Just needs the paper trades to eventually catch up with the reality of physical demands.
Great work there 👌
Coming from the ceo of a company that had a massive short positions against it during silver squeeze. Its a rigged game…period, its not a conspiracy anymore, governments want people well away from anything outside there control
more hype to fund bullion dealers
I love stacking silver…but there is ZERO CHANCE silver will be $100/ounce.
Bitcoin is known to have a finite supply, tell you what I bought 100 ounce bar for like 2500 bucks aus 10 years ago and guess what it's still worth, pretty much 2500. I bought bitcoin for 12500 and it's now worth 100k aud.
You can't touch it but supply is confirmed as being finite and can be used in transactions anywhere and easily. Silver and gold you cant
Bitcoin is tough – I agree – Human made – Technology – But Gold and Silver is a physical thing – I cannot see it going away
I own First Majestic – Get Jarred Cannon going Man !! This will be a 100 dollar stock ! 5000 Gold is piece of cake ……. 100 dollar silver is a given – Do what you do best …………… Get Jarred Cannon going ! F………………k your critics !
As lynette zang would say "If you don't HOLD IT, you don't own it"!!!!!!!!!!!
It is not hard to consider (or conclude) that there are serious issues in play within commercial procurement aspects of the mining sector with regard to silver contracts.
Why does the COMEX market 'enjoy' silver supply at prices that can be 'set' or be in a position where "alleged" manipulation of price may still be in effect (despite adverse legal outcomes and prosecutions) without proper price determination via open transparent mechanisms? It is also reasonable to expect that Silver miners (as owners of silver) to co-operate to achieve better prices including withholding supply of physical silver deliveries (as COMEX must fulfil their contracts) until fair prices are agreed given demand factors.
To maximise shareholders value: executives must be held to account at the AGMs.
Here's a quick primer on what's wrong and what to do about it.
ALL fiat currency is debt, that's the only way the Central Banks make it, whether through government bondage note, or private bank loans.
Bankers have developed four practices that
are unsustainable and catastrophic.
If we dont understand the causes of a problem we will address the symptoms or actors, not the causes.
1st. Large private and Central banks have obtained the Exclusive franchise to create ALL new Currency as Debt, at interest.
An increasing population needs an increase in currency, but it is ALL created as a debt to the Central Bank, bearing interest.
This indebts the whole world, every person, every government, in totally unpayable debts, ( because where can the interest come from) enslaving us all to bankers through personal debt or ever increasing oppressive and unjust taxation, permits, licences, registrations, regulations, rates, duties, fees, fines, levies, surcharges, adinfinitum, of which an increasing volume goes straight to the debt creators, who created it for free. (At zero cost to themselves.)
2nd. Because of the first fault, (wherein a Central bank has the Exclusive franchise to create ALL new money,) and they attach interest to it, (which they do not create) they must continually create more currency to pay the interest on the last round of debts and to resupply liquidity as debt repayments suck the last round of currency they created out of the national economy.
The volumes of the booms and busts of 'credit cycles' are totally unnatural and the economy should follow population growth.
Inflation, (or rather, devaluation through deliberate currency oversupply,) is destructive to all but the rich. There is virtually no limitation on fiat currency creation.
Because successive governments have abrogated the peoples right to create their own Sound debt free money, the state also sponsors inflation by borrowing and spending, 'stimulus ' in the vain hope that they can 'create wealth through debt,' and inflate away past and present debts with NEW DEBT ! 🤪🤪🤪 This robs the people under their very noses.
Adding to this is fractional reserve banking wherein private banks effectively create massive new Currency volumes, (but its only temporary because it's all debt) blowing bubbles (in housing/CRE/stocks) which devalues everyone's savings, work, 401k & pension, by raising all prices. (Which don't return to their former level when inflation reduces, the rate of increase simply slows down momentarily. )
We call price increases inflation, but it's really devaluation of your savings, time, work and while corporations do add to inflation of prices, they generally are Not the primary drivers of inflation. Attacking corporations is becoming side tracked.
Shrinkflation further adds to our reduction and desolation as companies attemptto make the same or more profits than last year.
(Did you know the only time our society gets some real new Currency ? It's when someone goes bankrupt and can't repay the banks what they borrowed. )
The fix ? The first step is to end Central Banks and return to Sound Metalic Money.
This will slow the rate of currency creation and make it much more difficult to devalue our wages and savings by currency 'printing.'
The 2nd step would be to legislate that banks publish their reserve ratio. So if they have $100 million on their books in deposits, and $50 million in loans, that's a 50% reserve ratio. We could legislate a reserve ratio, and by openly publishing this people can choose the risk level they are willing to take.
Along with this we need to legislate an industry to home loan ratio.
This will change banking and we need to change banking, because it is destructive. The banks wont be able to make as much, and that's a good thing.
We need to make money anything the people want, but legal tender must meet Metalic standards under the office of weights and measures, and national and state treasury departments and mints could produce and release real intrinsic value Money.
This will not create inflation like some bankers and their economists would have you think.
It is not who creates currency that drives the Constant devaluation of your work & money, it is THE VOLUME per population/ productivity.
The banks increased the base currency supply by over 65 % since March 2020 & 300% since 2008. This has been greatly multiplied as deposits were rolled back into real estate loans creating bubbles, which further lever up equity to back more loans.
You can't spend it off planet, and we've had no increase in population or productivity. How can it not devalue our savings, wages and retirement funds by a similar % as it enters the economy ?
3rd problem. Fiat currency whether paper OR DIGITAL has no intrinsic value, thus it cannot be used as a long term store of value, particularly in an ever expanding fiat system. Taxation and the 'legal' currency label attached to fiat creates artificial demand for fiat currency. This is the 'Force' component of Fiat currency, wherein you are forced at the point of a gun to accept worthless paper or electrons for your daily work. Metalic Money is the currency of a free sovereign people. Fiat at Debt is the currency of slaves.
The fix ?
Return to Silver, Gold, Copper & Nickle currency, designated by weight, not cents/dollars. These will find their own local value. These can't be printed to oblivion, have intrinsic value, and are a safeguard against bankers counterfeiting. Continue to keep the manufacture of Gold & Silver rounds by private mints & foundries to help keep government mints honest.
Do not allow bankers and economists of the current system to con you into believing there isn't enough Metalic Money. You float its value, mint it by grams and ounces and you have a Gold and Silver backed currency. Same with Copper & Nickle. Mint 10th ounce, 2 10ths, 5 10ths and 1 ounce and grams in 1 grams, 2 grams, 5 & 10 grams. Never give it a 'value number,' which is a lie. Give it its weight & purity, and let the market decide what it will buy. Call it 'slow money," like 'slow food.' It's slower for sure, but it's 10 times better for you.
If you think there's not enough metal, live more like the Amish and there will be plenty. We are a totally wasteful people and that can't go on forever. Everything we manufacture should be recycled at end of life. No more landfill.
Probably necessary to nationalise mines & pay shareholders out in metals. We are aiming at a more just, more perfect union, and that requires we treat shareholders justly and make them whole while preserving a mining and exploration industry. So gently, thoughtfully, carefully on this one.
4th. The 'World Bank' and IMF are your friendly international arms of the Federal Reserve, who loan worthless US currency invented at zero cost to enslaved nations of people to purchase necessities, when their own commodities or worthless currency would do just as well. This ensures the indebtedness of nation's simply to survive. I suggest a goods and commodities exchange between countries, with a quarterly settlement of shortfalls with Gold or Oil/Gas. And oil and gas are not the monsters they are made of to be, and may well prove to be the greenest energy sources other than hydro. Studies suggest making an electric car requires the moving of 500,000 lbs of rock/soil, (which is only possible with diesel and oil) so the real energy footprint of a battery that has a 200,000 km life could easily prove to be twice that of a clean running low emission gasoline vehicle with a repairable engine, and LPG is extremely clean due to less carbon atoms. (3-4 carbon atoms, vs gasoline at 4-12 carbon atoms.)
This research is present and ongoing.
Correct these 4 Principles and >80 % of a nation's problems would disappear.
Do not allow your masters the Debt slave creator's to tell you it can't be done. They are not seeking your best interests, but theirs. It is easily done, it's just a different but far better system.
Beware. The FED, IMF, WEF wants you totally enslaved with Digital currency.
Convert your garbage fiat currency into Gold and Silver while you still can, or prepare for destruction.
Come to think of it, you better prepare for destruction anyway, because humans are animals and always learn the hard way.
The bankers motto is : 'Preserve your Capital at all costs.' The bankers are buying Gold. We the people can afford Silver.
Good luck.
The monetary system has evolved over the years, ( but not by natural forces, rather by the designs of bankers, who profit by their manipulations)
Therefore, what you are experiencing today is not what it was in 1940, or in 1900 or in 1860 etc etc.
It is important to keep this thought in mind. That the currency system is still in a state of flux, ever further manipulated to advantage the banker and disadvantage further (steal from ) the ignorant common man. 99% of the people, and we dont understand this at first, or the extent to which monetary practices have evolved to steal from us, because in our minds we work for money, our parents worked for money and so did our grandparents, so isn't it all pretty much the same with a little bit of inflation ?
Hell no !
And because monetary principles can't be seen with our eyes, they are abstracts and hard to get our heads around, they are a completely separate topic to practical daily living, yet they effect our daily life totally.
The first principle to understand is that you have been robbed of real money by successive bankers, because the whole idea of 'Money ' is to hold something of real value as your own property, and to receive something of real value for your labour and productivity.
But you get nothing, you get zero of value. You get paper, or plastic or electrons for your work and efforts.
You have been hood winked by slight of hand and mind.
Your forefathers were paid in real money, but the bankers were limited in what they could loan out by metalic money, so they sought to do away with it, and they invented the promissory note, the 'bank note' which promised to be redeemable for a Silver or Gold coin.
They did this to remove the natural restriction on what they could loan out, because new debt at interest is their primary tool of harvest. Then, gradually, they removed the metal altogether, telling you it was for your own good, because now you could have a booming economy and more commerce, and no limitation on how many hours both you and your partner could work .
(The 'full employment' mandate simply means you all shall work all of the time until you die, but in the 1700s 6 months work would keep you alive all year if you owned your land. )
Once they had the Exclusive note printing power, they went to town, printing any amount their bought servants in government wanted, creating the national debt, whereby an unborn child is born in servitude and serfdom to an now $80,000 to $ 150,000 debt to who ?
That would be the share holders of the Federal Reserve if you live in the United States, or the Central Bank in your country, and also the large private banks, for once government abrogated the currency creation power to both the Central and large private banks, they must then go cap in hand to the banks to build new public infrastructure. So now every county, state and nation has indebted their ' citizens' in totally unpayable debts to the currency creators.
Meanwhile after Bretton Woods the Federal Reserve sent its agents around the world to ensure that all Central banks were created in its own image, doing exactly what it does, so no one shows them up, even though quite a few Central banks are not privately owned like the Federal Reserve is.
So that's a small taste on the first faulty monetary principle and that's before we talk about the interest on the new worthless currency that they create for zero cost.
Maybe in 300 years
3 digit silver? I would prefer 4 digit, thanks
Looks like he just finished with a long night of partying with booze, broads and powder!
I believe this guy owes a lot a lot a lot of taxes to mexico so becareful on his info
So funny to see a key player in the silver suppression movement being nice to Keith & silver. Consumption is also very much in the military & breakaway civilization.