First Majestic Silver Corp AG

$100 silver ahead

[Crashcomingsoon]

$100 silver ahead : https://www.kitco.com/commentaries/2021-03-31/-100-silver-ahead.html

My Comment : $100 Silver is entirely possible given the massive global debt and the CB response to it of printing without limit. Throw in inflation and the Green New Deal and watch out.

Excerpts:
But the reality is that so far in 2021, silver is down 9%. And meanwhile, nearly all the fundamental market drivers have remained intact. It seems the pressures on silver prices are likely from two angles. The first is after such an impressive 2020, it was due to correct. That's what bull markets do.

The second pressure point is a rising US dollar index, likely thanks to rising long-term bond yields. However, it's important to consider that this trend will also run its course and exhaust itself. That could happen naturally, or the Fed could intervene by imposing Yield Curve Control.

But higher yields are a sign of soaring inflation expectations and burgeoning economic activity. And a stronger US dollar, which favors imports over exports, is probably not a favored outcome for central planners.

If we account for inflation, and that's massively understated “official inflation”, then silver prices peaked at $120 in 1980 and around $57 in 2011. Today's price near $24 is still well below those levels, suggesting a lot of upside remains ahead.

In fact at $24 today versus the inflation-adjusted $120 in 1980, silver is currently about 80% below that peak. And yet, current economic fundamentals like debt, deficits, spending, interest rates and supply/demand outlook are so much more bullish, that the 1980 $120 level is likely to be easily surpassed.

[Goldenhope]

Nice to see some interest coming in word is the  reddit  guys are going to make a raid on silver  ive got a little ripper with 1200 gt silver ! yup  correct And cobalt  they weren't even looking for either  was the gold that started it

[Crashcomingsoon]

So could you share the miner that you are referring to ?  Thanks

[Goldenhope]

Yes but I get attacked for ramping when I do  buts it's a free world right? at least where I live there are 2 ive got both trigon metals  very cheap have copper also and an unlisted stock that is being relisted under the name of faina gold currently in a shell PAV You can't buy them except as a private investor which I am but will be able to soon was bought from a company in