Thursday 16 June 2022

Shocked if Gold Not Above $2,000, Fed Has No Control Over Inflation

“If we don't end this year with gold at $2,100, I'd be pretty surprised," predicts Keith Neumeyer, First Majestic Silver Corp President and CEO. "Silver will always get buoyed to some degree with gold, and I'm not expecting silver to really rock and roll for a while," he tells our Daniela Cambone at the Silver & Gold Reception during this year's 2022 PDAC Conference. Unless the Fed goes Volkerish, it “will not be able to control inflation," Neumeyer asserts. "Within six months or so, [the Fed] will start cutting again," he concludes. Video by Stansberry Research.



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