Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

First Majestic Silver Corp T.FR

Alternate Symbol(s):  AG

Metals & Mining Silver
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. The San Dimas Silver/Gold Mine is located approximately 130 kilometers (km) northwest of Durango, Durango State, Mexico and consists of 71,868 hectares (ha) of mining claims located in the states of Durango and Sinaloa, Mexico. The Santa Elena Silver/Gold Mine is located 150 km northeast of the city of Hermosillo, Sonora, Mexico and controls mining concessions totaling 102,244 ha. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon. La Encantada has 4,076 ha of mineral concessions and surface land ownership of 1,343 ha.


TSX:FR - Post by User

First Majestic Silver Corp
Bullboard Posts
User Avatar Image
(4)
•••
Comment by goldguy007on Oct 06, 2014 3:18pm
231 Views
Post# 23003208

RE:Gold / Yen

RE:Gold / Yen

Speaking of the USD, here is the 3 year chart.

https://stockcharts.com/h-sc/ui?s=UUP&p=D&yr=3&mn=0&dy=0&id=p87079080592

Note that RSI is more overbought than anytime in the past three years and price is pressing old highs.

Look how far price is above 200 DMA.

Still oldfx likes the USD up here and a short Yen trade.

I would say to oldfx the same thing that Clint Eastwood said in “Dirty Harry”.

How lucky do you feel?

LOL.

I closed my Yen short two days ago because the Yen was way over sold.

I am not sweating a Yen rally and if it occurs I will look to short again if price gets back near 50 DMA.

That comes in at about 95.

goldguy


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities