Keith Neumeyer, Chief Executive Officer of First Majestic Silver, has actually formerly required the silver cost to eventually hit triple digits. Currently, he's upgrading that forecast.
" We have 2 brand-new driving pressures which are electrical cars and trucks and also photovoltaic panels. These technologies, these services, actually didn't exist for the most part a decade earlier. Today, I'm much more committed. I'm assuming triple-digit silver … I was always assuming in the low end of that three-way figure. And now, I'm assuming it's possible to enter the higher end of that array," Neumeyer informed Michell Makori, editor-in-chief of Kitco News at the Denver Gold Discussion Forum.
Comply With Michelle Makori on Twitter: @MichelleMakori ()
Comply With Keith Neumeyer on Twitter: @keith_neumeyer ()
0:00 – Silver need overview
3:35 – Silver's commercial uses
5:50 – Silver rate reductions
8:00 – First Majestic Silver
13:04 – Deep sea mining
14:00 – Gold mining/price overview
16:00 – Gold price overview
16:43 – Bitcoin
__________________________________________________________________
Kitco News is the globe's # 1 resource of steels market info. Our video clips include meetings with prominent sector figures to bring you market-affecting insights, with the objective helpful people make informed investment choices.
Subscribe to our channel to keep up to day on the most recent insights relocating the steels markets.
For more breaking news, check out
Follow us on social networks:
Facebook –
Twitter –
StockTwits –
Real-time gold price and also charts:
Live silver rate and graphes:
Don't neglect to register for Kitco News' Weekly Summary– appears every Friday to summarize the best tales & video clips of the week:
Sign up with the discussion @ The Kitco Forums as well as become part of the premier on-line neighborhood for precious metals financiers:
Please note: Videos are not trading guidance and also the views expressed may not reflect those of Kitco Metals Inc
.
