First Majestic CEO sees $20 Silver by Year End

The video discusses the recent changes in the silver to gold ratio, highlighting that silver has outperformed gold in the near term. It explains the current mining and trading ratios, emphasizing that the current trading ratio of over 70 to one is unsustainable. The speaker predicts that by the end of the year, silver prices will be in the $20 range and gold around $1500, despite past prediction challenges. The discussion suggests a new bull phase in a cyclical market, with strong support for gold prices.

What recent change in the silver-to-gold ratio is highlighted in the video?

• It decreased from 85 to 75.

• It remained constant at 85.

• It increased from 75 to 85.

• It increased from 70 to 90.

Why has First Majestic performed well recently?

• Due to a decrease in gold prices.

• As a result of silver outperforming gold.

• Because of an increase in mining output.

• Due to a new marketing strategy.

What is the current mining ratio of silver to gold mentioned in the video?

• 85 to 75

• 70 to 1

• 9 to 1

• 1 to 9

What does the speaker predict about the silver price by the end of the year?

• It will end in the $20 range.

• It will increase to $30.

• It will decrease to $15.

• It will remain stable.

According to the speaker, what is the expected gold price by the end of the year?

• $1200

• $1500

• $1800

• $2000