Congratulations: Keith Neumeyer, First Majestic!
First Majestic’s chief executive officer, Keith Neumeyer speaks out on his role in the silver manipulation class action suit including various banks. Neumeyer shares his thoughts on the silver price rigging case and shares what he plans to do about it.
I, personally, congratulate a top executive within the mining industry who speaks up on the issue of SILVER manipulation. This corrupt practice has now been evident to me for some six (6) years. Our Central Banks desire to promote their ‘digital’ currencies and to suppress our historical metals so as to depress the psychology in our cyber markets.
Suppression is so evident to anyone with some discernment and for those who follow our electronic trading markets (such as the CME Globex). This so-called ‘paper market’ (really a digital market) creates suppression by not allowing real delivery of the metal at the time of a trade. Lack of delivery means NO settlement and merely a trade of one’s imagination. All this is done via coded ‘algorithms’!
With no actual metal being traded the electronic price gets ‘suppressed’ via these ‘naked’ short transactions. It is obvious to those of us with some market discernment. Keith Neumeyer is unique within our mining industry as he SEES this daily price manipulation within his computer screen. He is willing to take some ACTION!
The only real solution to all this manipulation (by our Central Bank computer traders) is to either SUE the culprits and bring more transparency on this issue or buy up all the available PHYSICAL silver to break the ‘paper traders’ from continuing their scheme. A Class Action suit is a great beginning to bring some media attention to the issue!
Congratulations, Keith, and I support you 100% on this effort to get some JUSTICE. Those who follow these manipulated markets might get educated on these issues and then support (morally and financially) persons with the guts to recognize the culprits and to take some action. I am: https://kingdomecon.wordpress.com.
Keith on the precious metals markets:
If our precious metal prices where left to the FREE market, the cyber price would skyrocket to levels such as above. Eventually, this must happen as the foundation of all money is SILVER and GOLD. Watch the Markets!