OTCQX:FSXLF - Post by User
Comment by
JefferonianGoldon Nov 24, 2020 11:18pm
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Post# 31967393
RE:Jeff,
RE:Jeff,Brainer, Glad to know that you used to listen to Jim Sinclair. You should continue to. "Gold is money, everything else is credit" this was supposedly a Rothchild quote. Silver is and was used more commonly as a means of exchange due to the common and excepted ratio of 15 to 1.
As for miners storing metal, the CEO of First Majestic Silver (FR) Keith Neumeyer did decide to hold back some production of silver for a number of reasons. Unfortunately other miners need the money (currency) to pay bills
and don't think the same as Keith.
Do yourself a favor, never never ever buy precious metals from a bank a.k.a.
the enemy and even if you do, never tell people you store it at home.