SILVER MINERS REVOLT: KEITH NEUMEYER DEMANDS NEW PRICING SYSTEM TO ESCAPE BANK MANIPULATION
Keith Neumeyer, CEO of First Majestic Silver, just delivered a bold message at the Rick Rule Symposium. He exposed how banks manipulate silver prices through paper markets and called on miners to break free by building their own pricing system. This idea could reshape the entire silver industry for years to come.
THE RIGGED GAME
➡️ Keith Neumeyer calls the current silver pricing system a complete scam controlled by banks through the COMEX and LBMA.
➡️ First Majestic and other miners produce real physical silver but have no say in setting its price unlike almost every other industry on earth.
➡️ Banks closely track future mine production and use that knowledge to hedge positions and keep prices artificially low.
THE BOLD SOLUTION
➡️ Keith Neumeyer is urging silver mining CEOs to come together and create their own independent pricing mechanism immediately.
➡️ The industry must stop relying on the bank-run system that has suppressed silver prices for far too long.
➡️ A new producer-led system would finally align prices with actual physical supply and surging global demand.
THE PHYSICAL TRUTH
➡️ Explosive physical demand for silver continues to grow from electronics, solar panels, electric vehicles and everyday household appliances.
➡️ Worldwide silver mine production has remained flat at around 860 million ounces per year for a decade.
➡️ At the same time consumption has risen sharply to 1.3 billion ounces annually creating a massive and growing deficit.
THE BOTTOM LINE
Keith Neumeyer has thrown down the gauntlet. Silver miners have the power to end the manipulation if they act together. The future of fair silver pricing starts with their decision to lead.
This is the sound of an industry finally waking up to its own strength.
HT: YouTube ITM TRADING, INC.
#SilverMinersRevolt #NewSilverSystem #KeithNeumeyer #FirstMajestic #BreakBankControl #PhysicalSilverDemand #TripleDigitSilver
@PeterSchiff He's probably signalling that whatever it was that caused the halt has been reversed. 1933, wasn't that FDR declaring the united states Bankrupt?
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@AtelierMissor_ I wonder if freezing water might be a way to mold the metal. Part of the reason burst strengths are so high is because they have to tolerate freezing. https://t.co/2EvHlAAhU8
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