Hey investors, I'm net long silver miners. With stock market crash already unfolded I believe this is the only place you can put your hard earned money. I'm planning to hold this for a minimum of one year.
Feel free to ask for advice under the comment section
@cyllan it doesn’t matter. This is technical analysis and not holding for the long term.
CrashBandicoot99
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Can you do updated chart on first majestic?
quincybrassers
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interesting
CrashBandicoot99
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Is your target $28 per share on first majestic? If silver hits $50….I think first majestic will be much higher than $28. They also have increased gold production now as well with the mine in Nevada. So it’s not all silver. $10 per share seems like a bargain!
SabahEquityResearch
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@RocketFuel20, it can go beyond 28 . We need to wait and see how it goes . Planning to hold it for longer term.
CrashBandicoot99
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@CountLikeWallStreet, on the flip side,I am seeing a head and shoulders pattern playing out from March 2020 when it was $5. Sure hope it doesn’t fall another 50% from here. It makes no sense silver isn’t soaring under this environment. Patience I guess.
marek15544
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i took this one...;) how do you see gold.barick ? cheers!
@marek15544 u can slowly start buying it . of course it can drop a bit more if it wants to. overall I'm super bullish on it . remember, lower time fluctuations shall not bother u. u are buying miners for the long run. my primary reason buying miners stock is to hedge my existing wealth against harsh times in the market.