Keith Neumeyer: Miners Need To Stop Supplying the COMEX

The big banks, including the Federal Reserve, don’t have the best interest of investors in mind, says First Majestic Silver’s CEO Keith Neumeyer. How they manipulate and control precious metals prices via the COMEX is a blatant example of this. Keith says now is the time for the miners to stop supplying the COMEX. In this interview Keith comments regarding recent precious metals price action and what this recent stock market crash historically resembles. He addresses whether one can successfully trade such a volatile and unpredictable market such as what we are seeing. Furthermore, Keith addresses some investor questions about First Majestic Silver and how the company plans to grow. Keith also discusses why he likes and is a key investor in Silver One Resources. 0:15 Introduction 1:50 Commentary on recent precious metals price action 5:13 Can one successfully trade this current market? 7:05 Gold/Silver ratio commentary 9:41 Historical comparison to recent stock market crash 11:57 How long will this crisis affect the markets? 13:51 First Majestic’s AISC relative to silver spot price? 16:40 Does First Majestic’s debt affect share price? 19:19 Silver reserves relative to First Majestic’s market cap? 21:31 How will First Majestic continue to grow? 23:23 Type of project First Majestic would acquire 25:54 Why Keith likes Silver One Resources Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Silver One Resources is a sponsor of MSE. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.