Silver just touched $50 and physical demand is exploding. First Majestic CEO Keith Neumeyer breaks down record cash flows, the real source of the global silver squeeze, why supply is in a five-year deficit, and what $60–$65 silver could mean next. He also reveals exploration updates, production growth, the fate of Jerritt Canyon, and how U.S.–Mexico tariffs nearly impacted their mint operations.
Time Stamps:
00:00 Intro from Frankfurt
00:35 First Majestic record quarter
02:10 Treasury build & free cash flow
03:05 Jerritt Canyon status
05:25 M&A and silver-gold ratio
06:25 Exploration updates & discoveries
08:00 What caused the $50 silver spike
09:35 Physical vs paper demand
11:10 Silver deficits & supply concerns
12:40 Why miners can’t ramp production
14:20 Global buyers: India, data centers, nuclear
15:40 Neumeyer’s silver price outlook
16:50 First Mint performance
18:20 Tariffs and supply chain risks
19:05 Final thoughts
Credit to : Soar Financially