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Is silver really in surplus? Keith Neumeyer challenges data, doubles down on $100 target

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Manage episode 293326104 series 2930919
Content provided by Kitco, Kitco NEWS, and David Lin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kitco, Kitco NEWS, and David Lin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Silver is a strategic metal, and with mounting industrial demand it’s only a matter of time before previous all-time highs are met, and then a new push to triple digits is on the way, said Keith Neumeyer, CEO of First Majestic Silver.“Silver is the only commodity that is not reaching its [historic] highs, and it has reached [those highs] on two separate occasions, back in 1980 and 2011. I think we’re going to see that high breached in the cycle, and when it does, it’s going to wake up the market. Once it breaks through the $50 level, I think that it’s going to get up to the $100 level pretty quickly,” Neumeyer told David Lin, anchor for Kitco News.
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166 episodes

Artwork
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Manage episode 293326104 series 2930919
Content provided by Kitco, Kitco NEWS, and David Lin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kitco, Kitco NEWS, and David Lin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Silver is a strategic metal, and with mounting industrial demand it’s only a matter of time before previous all-time highs are met, and then a new push to triple digits is on the way, said Keith Neumeyer, CEO of First Majestic Silver.“Silver is the only commodity that is not reaching its [historic] highs, and it has reached [those highs] on two separate occasions, back in 1980 and 2011. I think we’re going to see that high breached in the cycle, and when it does, it’s going to wake up the market. Once it breaks through the $50 level, I think that it’s going to get up to the $100 level pretty quickly,” Neumeyer told David Lin, anchor for Kitco News.
  continue reading

166 episodes

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