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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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.AG

Alternate Symbol(s):  AG

First Majestic Silver Corp. is a mining company. It is focused on silver and gold production in Mexico and the United States. It owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine, and a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. It also owns and operates its own minting facility, First Mint, LLC, and offers a portion of its silver production for sale to the public. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico and consists of 71,868 hectares of mining claims located in the states of Durango and Sinaloa, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon.


TSX:AG - Post by User

Bullboard Posts
Post by Wellandon Mar 18, 2011 12:11am
806 Views
Post# 18303203

World depression is coming ?

World depression is coming ?If you do your own analysis, you will realize that there is two scenarios that can cause this to happen.

The first is the very large amount of fiat currency that is being pumped in the system to stop a Nikkei plunge. Sooner or later, we will see an incredible rise in the price of tangible things like gold, silver, oil ans other commodities. This will signal the end of all fiat currencies and a return to the gold standard. Irresponsible government that pay their crazy spending with the printing press will be history.

The second possibility is that we see we see an Japanese stock plunge and because of the integration of world finance, the bankrupt Japanese bank will take all the western banks to the cleaners.

Since the government manipulators wont be able to extingish all these strong fires, the world depression will happen.

A method to save yourself from ruins is to short the market (ie: Japan and others) and to hold commodities (ie: my favorites are silver like FR, oil and fertilizers).
Bullboard Posts