First Majestic Silver Corp T.AG

Alternate Symbol(s): AG

Metals & Mining Silver

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.

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First Majestic Silver Corp

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Comment by dsarkon Apr 10, 2017 1:45pm

145 Views

Post# 26101631

RE:RE:RE:RE:RE:Gold & silver rigged to USDYEN

Well considering that banks manipulate everything from the LIBOR to silver (Deutchebank admitted it as u are well aware I'm sure). We can just disagree on that, I respect your knowledge.

Im aware that USDYEN was 75 in 2011/2012, same time as gold was $1,900. Looking at the price of gold in $yen, it hasn't really changed much since both tanked against the dollar. Here's my question for you, why does gold have the correlation to the Yen? I've read about it and they say it's a safe haven, the carry trade, Japanese people own most of their governments debt, so it's a self funding economy despite horrendous debt:gpd . Why do you think it's correlated?

Also anything else worthy sharing please do.

Thanks oldfx1

dsark

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