Silver OPEC: Keith Neumeyer on Comex & Silver Futures Trading | First Majestic Silver
Keith Neumeyer from First Majestic Silver in a CapTrader interview at the German Gold Fair about his company First Majestic and, as a silver expert, about the production, consumption, supply and price of the precious metal. Keith Neumeyer talks about the increasing importance of silver for the green revolution from electric cars to solar panels and the price manipulation of the silver price he has experienced through trading in paper silver on the futures markets, as well as a possible OPEC-style cartel as a reaction from the mining companies.
Keith Neumeyer's presentation at the German Gold Fair:
https://www.youtube.com/watch?v=Wf3gO3x0PPg
Contents of the video include
00:00:00 Intro
Keith Neumeyer & Richard the Bruce from Braveheart
00:00:56 Wallstreetbets & Silver - the Reddit community and the price of silver
First Majestic & Jerritt Canyon - Purest Silver Producer
00:02:17 Gold mining in Jerritt Canyon
00:04:05 Use of new technologies in silver and gold mining
00:05:47 More mines in Nevada for First Majestic soon?
00:06:06 The Mexican Government & First Majestic Silver & Mining in Transition
00:06:57 ESG
00:08:23 Power supply switched to gas from diesel
00:09:06 The Hermit - Market environment for junior mining stocks
00:10:56 Hold back precious metal as silver price is too low
00:12:35 Should shareholders put pressure on other commodity companies?
00:13:25 Silver price manipulated or not? Keith Neumeyer's assessment as an ex-trader
00:14:51 Silver price mechanism - Alternatives to the Comex
00:15:51 Founding a silver cartel? The silver OPEC?
00:16:50 The silver market is opaque - large companies like SAMSUNG & Silver
00:18:08 Silver deficit - a black swan approaching?
00:19:04 The Green Revolution and Silver - Electric Cars and Solar Energy
00:21:20 Copper & Silver
00:21:52 The alleged manipulation of the futures markets for precious metals
00:24:54 Short sellers and the dividend of First Majestic Silver
00:25:10 Keith Neumeyer's Assessment of the Markets - Overvaluation at TESLA & Inflation?
00:28:03 Keith Neumeyer at the GERMAN GOLD FAIR - what does he look at in stock values?
00:29:29 Announcement of Silver OPEC by Keith Neumeyer?
00:30:22 Exclusive new customer promotion
Further links:
Live account with CapTrader: https://bit.ly/31EqOfE
Demo account with CapTrader: https://bit.ly/3fxv8Fx
Newsletter: https://bit.ly/31Ap3h8
--------------------------------------------------------------------------------------
All dates at CapTrader: https://bit.ly/39BKTHw
--------------------------------------------------------------------------------------
Follow CapTrader on social media:
Facebook: https://www.facebook.com/CapTrader
Twitter: https://twitter.com/CapTrader
LinkedIn: https://www.linkedin.com/company/captrader
Xing: https://www.xing.com/pages/captrader
Instagram: https://www.instagram.com/captrader_broker/
Blog: https://trading.captrader.com/
Risk warning: Online trading in shares, options, futures, foreign exchange, foreign securities and bonds can involve a significant risk of loss. It is not suitable for every investor and you should ensure that you understand the risks. Note on CFD trading: CFDs are complex instruments and come with a high risk of losing money quickly due to leverage. 58.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Video contains ads - see disclaimer at the end of the video
The opinions and statements of the interviewee are those of the interviewee and do not necessarily reflect the opinion of CapTrader.
