Keith Neumeyer: 10X Move in Silver Is Not Unreasonable
by Rory, The Daily Coin
Keith Neumeyer, First Majestic Silver and First Mining Finance, works for long term success and that is how he has created two different billion dollar companies. Does a short term vision help anyone? Isn’t that what has created a lot of the problems we face in our economy and with the banking sector? Short term thinking does not allow for a fully developed plan, nor time to understand what adjustments are required to achieve success. It seems the Western world can only thinks in terms of the next week, next month or next quarter in which long term problems thrive on this type of thinking and actions. This is how Mr. Neumeyer has created three different companies, tow have been very successful and, from all indications, the third company is going to thrive and may even do better than the first two.
Once a person begins to see a more fully developed vision, longer term thinking and actions, everything changes. Something as simple as getting a cup of coffee from your favorite coffee shop begins to look different as the $4.50 cup of coffee now looks more $300 OR several ounces of newly found wealth that didn’t exist the day before.
Our investments should have the same type of longer term vision applied to them. How does one create generational wealth with short term investment thinking? Not going to happen. The Federal Reserve has been manipulating time lines for almost three years now with their fed funds interest rate rise threats. This unproductive, nonsense holds the markets hostage for the next three days, three weeks or three months while everyone is sitting around wondering if interest rates will rise by a poultry 0.25%. The jig is up for the people that understand how to create generational wealth. They are looking to the mining sector, physical gold, physical silver and the ETF’s (paper gold/paper silver) to move away from the short term thinking that has held their investments hostage for entirely too long a time.
Now you’re seeing people of prominent stature, in the investment community, starting to talk about gold and we haven’t seen that before and that’s what is going to make this move different. When this move starts again, which I think it’s already started, the metals prices are going to go much, much, much higher because you’ve got all these very important investors that are actually going to benefit from this move. – Keith Neumeyer, The Daily Coin
Watching every tick on a chart is unproductive and unhealthy to your investments. Doing the proper research, seeking guidance from trusted sources and making a move and then following Jesse Livermore’s advice – “be right, sit tight “- is one of the best ways to create massive wealth and protect yourself and your family from an economic storm. Look at how the gold and silver bugs now move in tandem when there is a dip in the markets – boom!! Everybody moves at once. Two – three years ago this was not happening in the same manner as it does today. Keith Neumeyer, is very generous with his time and shares some of his insight that has built two different billion dollar companies and has, what I believe, will be the next billion dollar company on a solid foundation of growth. The moves Keith has made over the past two years have his sites set on the future and creating the next batch of millionaires.
About Keith Neumeyer:
Founder of First Majestic Silver Corp. (formerly, First Majestic Resources Corp.) and has been its Chief Executive Officer and President since November 3, 2001. Mr. Neumeyer has been the President and Chief Executive Officer of First Silver Reserve Inc. since June 19, 2006. He has an extensive experience dealing with the financial, regulatory, legal and accounting issues. He founded First Majestic Silver in 2002. He served in the investment community for 28 years beginning his career at a number of Canadian national brokerage firms and continued on with McLeod Young Weir (now Scotia McLeod), then Richardson Greenshields and then Walwyn Stogell McCuthchen (which became Midland Walwyn). Mr. Neumeyer moved on to work with several publically traded companies in the resource and high technology sectors. His roles have included senior management positions and directorships responsible in areas of finance, business development, strategic planning and corporate restructuring. Mr. Neumeyer has also listed a number of companies on the Toronto Stock Exchange and as such has extensive experience dealing with the financial, regulatory, legal and accounting issues that are relevant in the investment community. He was a co-founder and President of First Quantum Minerals Ltd. (T-FM). Mr. Neumeyer is also the Founder of First Mining Finance Corp. and serves as its Chairman of the Board.