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Bullboard - Stock Discussion Forum First Majestic Silver Corp AG


Primary Symbol: T.AG

First Majestic Silver Corp. is a Canada-based mining company focused on silver and gold production in Mexico and the United States. The Company owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada... see more

TSX:AG - Post Discussion

First Majestic Silver Corp > Behind the Negative
View:
Post by halahoy on Feb 01, 2021 9:55am

Behind the Negative

 
With a possible good amount of fear, uncertainty, the Federal Reserve’s balance sheet expansion, and understated inflation, gold could be setting up for another possible breakout.
 
Every time one of the banks cuts a nation’s interest rate or fuels the country’s private banks with stimulus, they are said to be citing a weak economy, lack of liquidity, and poor inflation. However, most people don’t know that while central planners are toying with the global economy, they’re also getting gold in mass quantity. It could be a win-win situation. They are not just aware.
 
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