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First Majestic Silver Corp.

42,804 followers

3mo

"The #silver deficits are growing. We're at 240Moz in #silver deficits which climbs ever year. With these deficits we should be at US$50-$70/Oz Silver" Says #KeithNeumeyer CEO at First Majestic Silver Corp. FIRST MINT #AG.TO #AG #TripleDigitSilver #GotSilver #BuyPhysical #PreciousMetals

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And we're in a four year deficit now and these deficits are growing. This is this is not, you know, 50,000 oz or five hour rate. This is 240 million ounces of silver deficit. And that number is climbing every single year. And in in a sector where the mining sector only produces 850 million oz a year and a year year and a 240 million deficit, like how's that work? No, no wonder why we have $30 silver. We remind you it probably should be 50 or 60 or 70. At these deficit.

Macro | Precious Metals | Base Metals | Battery Metals | Uranium

2mo

There’s a reason why silver is trading where it is and it’s quite simple…supply is more then demand. Imagine where the price would be if the industrial component wasn’t so high.

7k Metals Macaw Business Owner Member Direct Network Marketing in Precious Metals

3mo

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"The #silver deficits are growing. We're at 240Moz in #silver deficits which climbs ever year. With these deficits we should be at US$50-$70/Oz Silver" Says #KeithNeumeyer CEO at First Majestic Silver Corp. FIRST MINT #AG.TO #AG #TripleDigitSilver #GotSilver #BuyPhysical #PreciousMetals
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