It’s "Game On" For Silver - First Majestic Silver CEO

A major bid, most likely from central banks, is coming onto the market for gold and is affecting silver in a positive way, said Keith Neumeyer, CEO of First Majestic Silver.
“I want to see silver really break through $17.50 to $18.00 [an ounce]. I think that’s kind of the key number. We did test that level in early 2018 and it failed and it got all the way down, as we know, to sub-$14.00,” Neumeyer told Kitco News on the sidelines of the BMO Global Metals and Mining Conference. “We need to see a real breakout.”
Neumeyer added that should silver break past $18.00 an ounce, we will see the beginning of a five-year bull cycle. (show less)

A major bid, most likely from central banks, is coming onto the market for gold and is affecting silver in a positive way, said Keith Neumeyer, CEO of First Majestic Silver.
“I want to see silver really break through $17.50 to $18.00 [an ounce]. I think that’s kind of the key number. We did test that level in early 2018 and it failed and it got all the way down, as we know, to sub-$14.00,” Neumeyer told Kitco News on the sidelines of the BMO Global Metals and ... (read more)

BMO Conference 2019

BMO Conference 2019
From February 24 to February 27, Kitco News will be bringing you exclusive interviews with analysts, experts, and of course, executives of major gold and silver mining companies. Over the years, BMO Capital Markets have consistently attracted prominent investors, analysts and executives by providing valuable forums to explore strategies, trends and opportunities.

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