Gold Silver Ratio Goint To 100 To 1 - Keith Neumeyer

[ozcopper]

Will Elon Musk buy a silver mine? Silver to $125 as EV companies drive demand - Keith Neumeyer

Car companies are interesting in potentially acquiring silver mines, as vertical integration happens across sectors, says Keith Neumeyer, President and CEO of First Majestic Silver (NYSE: AG; TSX: FR). Neumeyer discusses how rising industrial demand will send the silver price to triple-digits, and why he is optimistic about gold in 2023. Speaking with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, he also discussed First Majestic's mining operations, its bullion sales, and how inflation is impacting the silver industry.

0:00 - Automakers and mining
6:26 - Supply crunch in silver
8:10 - Elon Musk buying silver
10:30 - M&A activity
12:49 - Silver price in 2022
15:47 - Silver consortium
17:46 - Inflation
21:13 - Gold price forecast
23:50 - Silver price forecast
26:46 - Central banks and silver
28:30 - First Majestic Silver
37:58 - FMS Bullion
40:00 - Russia-Ukraine conflict

[youtube]https://www.youtube.com/watch?v=_tre8AEinII&ab_channel=KitcoNEWS[/youtube]

 

[STKR]

Never a dull interview when Keith is involved.