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Bullboard - Stock Discussion Forum First Majestic Silver Corp T.AG

Alternate Symbol(s):  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

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Post by BaldSilverHead on Mar 05, 2024 3:08pm

Silver

Tracks the recession as a purely industrial metal. Stock go down silver goes down. It only tracks gold when gold heads down. The sovereigns have been abusing this critical metal. 500 oz in tomahawk. Solar usage increasing along with all the Green agenda. And....Yet here we are gold up silver down. There will come a day soon (imho this year) where silver will explode thru its previous highs of $50 just playing catch up. Demand continues to climb as supply remains level. Go gold at some point people will ask ... what about silver? Oh it will have Bitcoin (e-fiat) explosiveness. I can't start ww3 with bitcoins on the front of my missiles. 
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