The Massive Silver Shortage: What Bank’s Don’t Want You to Know

5 months ago
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"I wouldn’t be surprised if a major consumer of silver struggles to produce their product," says Keith Neumeyer, CEO of First Majestic. In this exclusive interview with Daniela Cambone at this year's PDAC in Toronto, he discusses how banks and large financial institutions dominate the silver market through paper trading. To maintain control, they see retail investors as a threat and attempt to discourage their participation through media and other tactics, fueling silver squeeze dynamics. Watch the interview to find out what this means for the silver industry.
📖 CHAPTERS:
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00:00 Tariffs
2:14 Tariffs on silver/gold
4:14 First Majestic updates
5:33 Pure silver strategy
6:27 M&A activities in silver industry
7:49 Q4 results
8:48 Silver industry
11:00 Silver price
13:55 Silver squeeze
18:56 JP Morgan buying silver
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📖 FREE GUIDE: Your Ultimate Decision-Making Guide on Gold and Silver https://learn.itmtrading.com/buyers-guide-dc

Source: https://www.youtube.com/watch?v=wNjY8H95-QE

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