Silver and gold got clobbered again today. Which has left a lot of investors confused. However, there are explanations for what's going on, and more importantly, what's coming next. Fortunately Keith Neumeyer of First Majestic, who has perhaps unparalleled access to the silver market unlike anyone else, joined me on the show to explain what's happening, why it's happening, and what investors would be wise to take away from all of that.
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.
Chris Marcus worked 2 years at bond rating agency Moody's, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia's Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer Miles Franklin, Investing.com, and several others.