PDAC and BMO spring conferences

Inflation won’t recover to 2%, this could consume nearly 100% of silver by 2030 – Peter Krauth

Car companies are interesting in potentially acquiring silver mines, as vertical integration happens across sectors, says Keith Neumeyer, President and CEO of First Majestic Silver (NYSE: AG; TSX: FR). Neumeyer discusses how rising industrial demand will send the silver price to triple-digits, and why he is optimistic about gold in 2023. Speaking with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, he also discussed First Majestic’s mining operations, its bullion sales, and how inflation is impacting the silver industry. Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Keith Neumeyer on Twitter: @keith_neumeyer (https://twitter.com/keith_neumeyer) Follow First Majestic Silver on Twitter: @FMSilverCorp (https://twitter.com/FMSilverCorp) 0:00 – Automakers and mining 6:26 – Supply crunch in silver 8:10 – Elon Musk buying silver 10:30 – M&A activity 12:49 – Silver price in 2022 15:47 – Silver consortium 17:46 – Inflation 21:13 – Gold price forecast 23:50 – Silver price forecast 26:46 – Central banks and silver 28:30 – First Majestic Silver 37:58 – FMS Bullion 40:00 – Russia-Ukraine conflict

Rob McEwen, Executive Chairman of McEwen Mining, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discus how the devaluation of fiat currencies could push gold to $5k per ounce by 2027, and another metal will gain by 1,000%. McEwen also discusses his copper mine’s deal with automaker Stellantis and multinational mining company Rio Tinto, as well as his outlook for copper, which he claimed with be a crucial metal as the world hastens towards electrification. McEwen spoke with Kitco at the 2023 BMO Global Metals, Mining, and Critical Minerals Conference in Hollywood, Florida. Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Rob McEwen on Twitter: @KitcoNewsNOW (https://twitter.com/RobMcEwenMUX) 0:00 – McEwen Copper’s deal with automotive maker Stellantis 3:37 – Vertical integration and supply chain consolidation 7:47 – Monetary reset 12:44 – Gold price outlook 16:01 – Investment implications 18:43 – McEwen Mining 26:42 – Copper prices 28:41 – Copper fundamentals 31:24 – Silver price forecast 34:39 – Government debt 35:27 – Inflation and the Fed 40:09 – Changes in mining industry 44:21 – Careers in mining