Stephen St. Angelo wrote, “even with high gold & silver prices, First Majestic still lost money. Even worse, the company diluted shares by another 10.6 million, which alone is a 3.8% haircut to the stock price.”
end of section
Yesterday we wrote about The Severe Risks with Mexico and I stated I would release a leaked transcript from the Mexican campaign trail (the beginnings of Nationalization)
Silver Mining: Morocco is Open for Business While Mexico is Teetering Towards Nationalizing
Morocco is the opposite of Mexico
Guardians of the Territory - Memo from Mexico’s Campaign Trail
In this light, we declare that the people of Mexico have indeed been oppressed and exploited by foreign corporate interests, particularly from the United States and Canada, which have extracted Mexico's rich natural resources like silver and gold for their own profit rather than for the benefit of the Mexican people.
The exploitative acts of the U.S. and Canada represent savage and severe acts of greed and theft that shall cease.
Therefore, it is with great faith and confidence that we call on Mexico to Nationalize its Silver, Gold, and Copper just like it did its Oil Previously.
These precious metals rightfully belong to Mexico and its people, not to the industrialists and corporations that have plundered the nation's wealth while keeping its workers impoverished.
Original text:
A continuación, declaramos que el pueblo de México ha sido oprimido y explotado por intereses corporativos extranjeros, particularmente de los Estados Unidos y Canadá, que han extraído los ricos recursos naturales de México, como la plata y el oro, para su propio beneficio en lugar de para el beneficio del pueblo mexicano.
Los actos explotadores de Estados Unidos y Canadá representan actos salvajes y severos de codicia y robo que deben cesar.Por lo tanto, con gran fe y confianza, hacemos un llamado a México para que nacionalice su plata, oro y cobre, tal como lo hizo previamente con su petróleo.
Estos metales preciosos pertenecen legítimamente a México y a su gente, no a los industriales y corporaciones que han saqueado la riqueza de la nación mientras mantienen a sus trabajadores en la pobreza.
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First to Report there are only 4 primary Silver producers remaining (outside of Mexico poised to Nationalize Silver)
First to Report the best practice for AI investing is via the Energy over tech stocks in a bubble
First to Report that if you want to invest in Nuclear (Forget Uranium, silver has more leverage as Uranium is too abundant in earth’s crust)
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