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 zentrarianNZon Jun 06, 2017 5:02pm
108 Views
Post# 26332132

It ain't either/or, it's both (...or all?)

It ain't either/or, it's both (...or all?)
There is no conflict between holding gold and holding silver, holding silver or trading silver, trading silver or trading mining stocks, trading mining stocks or trading currencies, etc., etc. These are all false dualities that spring from individual preferences and the perpetual human desire to be right - and ideally, make everybody else wrong. 
 
The biggest duality I see out there right now in the investment arena is the false choice between buying and trading gold (or gold stocks) or buying and trading cryptocurrency. 
 
For example, as a lifelong proponent  of the metals, was I a traitor to buy a modest amount of ETH a few months ago at $15 (now over $250) while still holding every single ounce of my PMs....as well as continuing to accumulate and trade AG and a few other select miners?
 
I firmly believe that the spectacular run-up currently being experienced by cryptos like BTC and ETH will soon be followed by a corresponding run-up in gold and silver, as welll as, of course, the miners. They are no more enemies to each other than are PMs and PM mining stocks.

Rather - as a few stubborn contrarians like Andy Hoffman have pointed out - they are allies in the fight against the slowly failing global fiat ponzi regime.
 
 
Bullboard Posts