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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

Post by halahoyon Feb 01, 2021 9:55am
187 Views
Post# 32435378

Behind the Negative

Behind the Negative
 
With a possible good amount of fear, uncertainty, the Federal Reserve’s balance sheet expansion, and understated inflation, gold could be setting up for another possible breakout.
 
Every time one of the banks cuts a nation’s interest rate or fuels the country’s private banks with stimulus, they are said to be citing a weak economy, lack of liquidity, and poor inflation. However, most people don’t know that while central planners are toying with the global economy, they’re also getting gold in mass quantity. It could be a win-win situation. They are not just aware.
 
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