Tuesday, October 21, 2025

A Potential Silver Shortage? — With Keith Neumeyer

Joining SmallCapSteve today is Keith Neumeyer, President & CEO of First Majestic Silver Corp (TSX: FR). Keith sits down with Steve this afternoon to discuss inflation and where the Fed is heading after the Bank of Canada’s recent hike. We also dive into silver, his read on its physical vs paper markets, the possibility of a silver shortage, and what the potential impacts are. We close out the interview with some updates on First Majestic.

First Majestic Silver Corp. is a Canadian silver-mining company that operates in Mexico and the United States. It has four producing mines under its control: San Dimas Silver/Gold Mine, Santa Elena Silver/Gold Mine, La Encantada Silver Mine, and Jerritt Canyon Gold Mine.


The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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