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Wall Street Was Short Silver. Now It's Going Long | Keith Neumeyer
32 minutes Posted Jul 13, 2026 at 1:00 pm.
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Keith Neumeyer says silver's run to $121 this year pushed the physical market to the brink, and that the metal has now found its floor. Speaking with Kitco News at the Rule Symposium 2026, the First Majestic Silver CEO, who called $100 silver back in 2012 when it traded in the teens, said the spike exposed how thin the real market is. "The whole system was really on the verge of breaking," he said, pointing to surging lease rates, margin calls, and refiners that stopped buying. After a roug...