FIRST MAJESTIC SILVER CORP is likely to pursue its uptrend
Arguments in favour of silver stocks in general :
1) Like gold, silver is an hedge against recessions.
2) The probability of a recession is the highest since 2007 according to the NY FED (Probability of US Recession Predicted by Treasury Spread*).
3) Gold to silver ratio is at an all time high and need to be rebalanced. My guess is that it will be rebalanced with a faster uptrend in silver than in gold.
1) Like gold, silver is an hedge against recessions.
2) The probability of a recession is the highest since 2007 according to the NY FED (Probability of US Recession Predicted by Treasury Spread*).
3) Gold to silver ratio is at an all time high and need to be rebalanced. My guess is that it will be rebalanced with a faster uptrend in silver than in gold.
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