The Phaserl


Keith Neumeyer – Top Silver Mining CEO Makes a Remarkable Price Forecast

by Mike Gleason, Money Metals:

First Majestic’s Keith Neumeyer: “Silver Mines & Silver Are Way Rarer Than People Actually Think”

Coming up we’ll hear a fantastic interview with Keith Neumeyer, CEO of First Majestic Silver Corp. Keith gives an insider’s take on the tremendous and unsustainable imbalance that exists between the available mine supply of silver compared to gold and what it likely means for the silver to gold ratio. And you’ll definitely want to hear Keith’s long term price target for the white metal, which may surprise you. Don’t miss my conversation with Keith Neumeyer coming up after this week’s market update.

Click HERE to Listen

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12 comments to Keith Neumeyer – Top Silver Mining CEO Makes a Remarkable Price Forecast

  • mike

    It’s about as rare as lead..In fact lead is much more interesting.

    • Ed_B

      Nope, sorry. That’s incorrect. Fact is, lead is about 160 times more prevalent in the Earth’s crust than is silver. If there was 2, 3, or even 5 times as much lead as there is silver, I would not mention it. But 160 times is over the top, IMO.

      Agree that lead does have some interesting physical properties, though. But then, so does silver.

      • Ed_B

        Oops… forgot to include the reference for this before posting. See the following link:

      • mike

        Lol I was kidding how could you think I meant that literally? Wow what a tard? let me rephrase so you understand. Its as common as mines want to make it now, there is nothing stopping mines from mining 5 billion oz a year or far more except it would crash the price..So the reason our roads are not paved in sliver is not because of rarity, that bridge was crossed the minute backhoes, dump trucks and dynamite came into existence, it,s because of MONEY, real money that spends that mines want..The very reason they mine..Killing the price would give them no reason to mine it and bankrupt their business. Modern mining takes virtually no human effort compared to years ago so it is as common as a gallon of diesel can make it..At 15 grams per ton you can move about 20 buckets of material, each bucket minimum of a ton or more material. Thats 10 oz of silver per gallon + operator cost. So to be fair it probably cost a primary miner with chemicals to extract to silver maybe .35 cents an oz. That is mining material that has no visible ore in it as well. Anyway you guys dont understand that but in reality something is as common as the market dictates.
        Lead is much more interesting..Starting life as uranium then morphs into an entirely different elements 9 times even into a gas at one point. TO say boring silver has anything on lead is pure ignorance..You made alltards ED-B, congratulations.

        • KRELL427

          OK Mike, I will make a statement and after you answer it I will let you know if I was kidding or not. Mike has such a low I.Q.that there is no limit to the level of stupidity he can spew out of his ass.

          • Eric

            mike says “Wow what a tard?” and asks us if he is mentally handicapped. Like that answer isn’t obvious.

            mike = professional bullshitter and village idiot

  • KRELL427

    You should buy some colloidal lead so we can see how long you last.

  • Eric

    mike, how much does the government pay you to be a complete tool?

    And why aren’t you mining instead since it takes “virtually no human effort?” It must be hard to have an IQ of 56 and not get the shit smacked out of you in public all the time.

    Or do you just stay in mommy’s basement trolling all the time?

    • KRELL427

      pretty funny how the 2 bitcoin pom pom girls on this site are also the biggest losers you could ever meet.

      • Eric

        Funny, sad, and not surprising all at the same time.

        They must have made a lot of wrong decisions in life and now think they can correct for it somehow by being bigger losers than they already are.

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