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Home > Physical silver supply squeeze to get worse, First Majestic's Keith Neumeyer warns

Physical silver supply squeeze to get worse, First Majestic's Keith Neumeyer warns

Submitted by cpowell on Mon, 2020-03-23 23:04 Section: Daily Dispatches

11:06p ET Monday, March 23, 2020

Dear Friend of GATA and Gold:

First Majestic Silver CEO Keith Neumeyer today tells Daniela Cambone of Kitco News that "the paper markets are completely a fallacy" and First Majestic is withholding sales of its metal in anticipation of higher prices. "It's a very tight market," Neumeyer adds, "and now you can't buy any metal at all."

The interview is 18 minutes long and can be viewed at Kitco News here:

https://www.kitco.com/news/2020-03-23/Physical-silver-supply-squeeze-abo... [1]

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org [2]



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»

Source URL: https://www.gata.org/node/19982

Links
[1] https://www.kitco.com/news/2020-03-23/Physical-silver-supply-squeeze-about-to-get-worse-warns-Keith-Neumeyer.html
[2] mailto:CPowell@GATA.org
[3] https://www.moneymetals.com/news/2015/02/03/worldwide-ratings-organization-names-money-metals-exchange-dealer-of-the-year-in-us-000664
[4] https://www.moneymetals.com/buy
[5] https://www.moneymetals.com/depository
[6] http://www.gata.org/files/GATA-4-wine-bottles.jpg
[7] http://www.gata.org/files/FayJWineryVarietals.jpg
[8] mailto:bagman1236@aol.com
[9] https://www.amazon.com/Rigged-Exposing-Largest-Financial-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1
[10] mailto:srenglert@comcast.net
[11] http://www.gata.org
[12] http://www.gata.org/node/16