$100 Silver in Play; Keith Neumeyer Talks “Price Management” by the Fed
"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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📖 CHAPTERS:
0:00 Gold price/Fed moves
1:39 Market’s reaction to the Fed
2:29 Silver price manipulation
4:07 Why silver?
5:23 Silver consumption
6:09 Apple’s EV project
6:57 Silver as a critical mineral
8:21 Silver price
9:49 Bitcoin
11:37 First Majestic
12:59 PDAC
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