Fed Will Reverse Tightening By Q1 2023; This Is How Silver Will Respond Says CEO Keith Neumeyer

The Federal Reserve’s hawkish stance is not sustainable, and it is likely that not only will the world’s largest central bank stop raising rates altogether by the end of the year, they will reverse course and lower rates, according to Keith Neumeyer, CEO of First Majestic Silver. Speaking to Michelle Makori, Editor-in-Chief and Lead Anchor of Kitco News at the Prospectors & Developers Association of Canada conference in Toronto, Neumeyer said that the Fed’s monetary policy pivot will likely occur by Q4 of 2022 and spur another bull rally in the precious metals. ➡️ Follow us on Instagram:   / firstmajesticsilver   ➡️ Follow Keith Neumeyer on Twitter: @keith_neumeyer (  / keith_neumeyer  ) ➡️Follow First Majestic Silver on Twitter: @FMSilverCorp (  / fmsilvercorp  ) ➡️ Follow us on LinkedIn: https://www.linkedin.com/company/firs... 0:00 – Market sentiment 1:31 – Silver price performance 3:20 – Global growth and silver 5:20 – Ukraine War and decarbonization 7:08 – Silver as a strategic metal 8:14 – Silver’s industrial demand 10:17 – ESG, silver, and recycling 17:20 – First Majestic Silver performance 21:55 – Ukraine war and precious metals 25:40 – Fed policy 28:50 – Triple-silver silver 30:00 – Silver price projection #silver #gold #inflation