SBTV's guest this week is Keith Neumeyer, founder and CEO of First Majestic Silver. Keith shares invaluable insights into the behind the scenes workings of the silver mining industry, the challenges, and why the perfect storm for a collapse of the silver-gold ratio is now upon us.
Discussed in this interview:00:00 Introduction01:23 Keith's background and the founding of First Majestic Silver05:22 Silver mining challenges through precious metals bear market11:26 Why gold is money but silver is a strategic metal?18:05 Silver demand from green technologies and initiatives22:04 True global silver consumption is unknown28:23 Primary silver versus secondary silver producers34:29 Coming collapse of the gold-silver ratio39:14 Triple-digit silver is really math
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.