In this no holds barred exclusive interview with our Daniela Cambone, Keith Neumeyer, CEO of silver miner First Majestic ($AG), speaks out for the first time since the silver squeeze. "I don't like seeing that happen, it's not healthy," he says, referring to the share price's explosion through the $30 mark. Neumeyer also emphasizes the insufficiency of the metal to meet the demand of popular silver ETFs such as the $SLV, calling it "a complete joke." Back in November, the investor had forecasted a collapse of the gold/silver ratio. Since then, it has shrunk from over 100 to 67- and now he predicts it will come down even more.
Keith Neumeyer is the president and CEO of First Majestic Silver, one of the largest primary silver mining companies in the world. He's also the founder and chairman of First Mining Finance. Both companies are traded on the Canadian and U.S. stock exchanges.