First Majestic Silver Corp. (AG)

[Tommy Two Times]

You are right, the list is at least ten times longer. In my view the cartel is over. I don't think they have the onions to short the metals. Every time it looks like there will be a pull back it is short lived. I can summarize what is going to happen. Nobody will want paper currency. Will people still want to hold paper stocks in the miners? My guess is yes. The stock market will not disappear. It didn't when things looked very bad in the early 30's. That's just my view. I just bought a few more silver ounces today and another small gold coin. I'm buying every chance I get. I own Jan call options in AG and the GDX and shares in FFMGF. I am waiting for new options to come out that are longer than Jan so I can extend the time frame. If AG traded at $25 for a high when silver was at $49 and mined a third less than it is now then that tells me AG is just getting started. They are also mining cheaper now than they did when trading at $25. look at the chart again. Go back to 8/2/10 when it traded at $3.75 a share. At 4/4/11 it traded over $24 a share. In eight months this stock went up $20. I am a big bull on First Majestic. This stock in my biased view will be over $20 this year. With everything I'm reading I can see this stock making new highs this year. The news out there is horrible. Screw the cartel. Gold demand in Japan is high. Europe demand is high. China and Russia is still buying. George Soros and other big investors are buying. Who really wants to own paper money? I don't. Bring back the gold and silver certificates. Bring back the Morgan silver dollars and the rest.