“It’s a Complete Joke,” Keith Neumeyer Speaks Out Following Silver Squeeze
- Stansberry Research
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.