First Majestic Silver Corp AG

Do you think that was the capitulation?

[holographicbrea]

Do you think that was the capitulation. The valuation is now lower than the 2020 crash.

 

[holographicbrea]

I may be right.:-) and happy to have added to my postion. Time will tell

[BUYSilverGold]

how many bottoms were called from $30? I lost count GLTY

[Crashcomingsoon]

Silver is trying to breakout to the upside.  It's been much stronger than gold lately.  Go Silver !

[holographicbrea]

Factoring in real inflation this latest breakdown can't be far short of the 2016 low. Also comparing it to gold prices is probably much lower. Comparing it to the SMP it has probably fallen off the bottom of the chart. For me the only thing I'm worried about is a total crash of everything. Other than that I consider it and other silver miners as some of the most undervalued stocks

[Crashcomingsoon]

A crash in everything is a real possibility and Savage thinks it will happen in March.  It would initially take the PMS down but they would reverse sharply higher once the Fed starts to save the ecinimy with liquidity.   Gary Savage's Bold Call for $10,000 Gold | ZeroHedge Excerpt: Gary predicts significant moves in commodities, such as gold reaching $5000, and silver hitting

[holographicbrea]

Similar for silver. Final shake out - https://www.youtube.com/watch?v=dkfBPYLuGQg