The David Lin Report Triple Digit Silver More Certain Than Ever; CEO Keith Neumeyer Doubles Down
Jul 21, 2025
Keith Neumeyer, President and CEO of First Majestic Silver Corp., argues that triple-digit silver prices are on the horizon, driven by supply deficits and heightened industrial demand. He discusses the complexities of mining permits and the unique challenges of operating in North America versus Latin America. Neumeyer also highlights systemic issues in metal recycling, the importance of cost efficiency, and the evolving gold-silver ratio, painting a picture of a pivotal moment in the silver market.
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Silver Triple-Digit Price Prediction
- Keith Neumeyer predicts triple-digit silver price due to supply deficits and industrial demand growth.
- He believes the market will correct paper trading distortions to reflect silver's true value.
Gold-Silver Ratio Signals Price Surge
- Silver's gold-silver ratio is historically high, signaling undervalued silver against gold.
- Keith expects this ratio to revert, driving silver prices into triple digits again.
Industrial Demand Drives Deficit
- Industrial demand for silver is rising rapidly due to renewable energy, electronics, and EV growth.
- Mining production cannot keep up due to low-grade ore and lack of investment, sustaining supply deficits.