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Banks Are Mega Short Silver & Hurting | Keith Neumeyer
First Majestic Silver CEO Keith Neumeyer joins us to discuss how banks can manage the silver price. To truly have fair price discovery in the metals markets, Neumeyer says limits are needed on how much shorting banks can engage in. Price suppression hurts not only miners, but also the small communities that the mines employ. He also discusses the latest developments for First Majestic.
We're proud to have First Majestic Silver (https://www.firstmajestic.com) as a contributing sponsor of LibertyAndFinance. First Majestic Silver on NYSE & TSX: AG
INTERVIEW TIMELINE:
0:00 Intro
1:18 Silver update
9:53 Silver price and mining
13:10 First Majestic & First Mint
18:40 True price discovery
23:44 Mining & politics
28:50 First Majestic Updates
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