In any case DOW at all time high, think about, what resource / energy stocks doing at all time low?
I mean PM miners has been falling no matter what during GOLD been between 1200-1250 3 times already,
but Miners keeps falling, WHO ARE THOSE SELLERS? Stupid Naked shorts? This is not just about SAND
entire industry getting killed by paper Fraud... Keep selling GOLD will still hit 5K in 5 years, guaranteed!
Yeah, funny isn't it?
Those jokers are insane, entire sector collapsed while GOLD is at the same $1200 been there 3 times already.. Keep selling.
DOW target 10k Or S&P 1250 whichever comes First. What a fraud!
I hope this is only start, We need to Take supply out of those Crazy Crimex paper Crooks, Enough is enough already. Food prices skyrocket but they telling us there is no Inflation? Cannot eat or touch Futures people,
It's all Paper Fraud!
Tue Oct 14, 2014:
Produces 3.5 Million Silver Eqv. Ounces in Q3; Postpones the Sale of 934K Silver Ounces of Inventory
First Majestic Silver Corp. (“First Majestic” or the “Company”) is pleased to announce that total production at its five operating silver mines in Mexico for the third quarter ending September 30, 2014 reached 3,523,536 equivalent ounces of silver, representing a 5% increase compared to the same quarter in 2013.
Total silver production for the quarter consisted of 2,680,439 ounces of silver, relatively unchanged compared to the same quarter in 2013. In addition, 9,703,792 pounds of lead and 3,222,877 pounds of zinc were produced, representing an increase of 14% and 44%, respectively, compared to the same quarter of the previous year. Also produced were 2,781 ounces of gold, representing a 5% decrease compared to the third quarter of 2013.
…..Silver prices declined 19% in the third quarter representing the second largest quarterly decline since the financial crisis in 2008. As a result of this weakness, the Company decided to temporarily suspend silver sales in an attempt to maximize future profits. This suspension of sales will result in lower revenues and earnings for the third quarter, however, it is likely that these inventories of unsold ounces will instead be sold in the fourth quarter. As of September 30, 2014, approximately 934,000 ounces of silver were held in inventory.
Fiirst Majestic Production Table
First Majestic suspended the sales of 943,000 oz of silver in Q3 2014, which again was 35% of its 2,680,439 oz of production that quarter. They may elect to sell this silver in Q4, if the prices are more favorable.
While this is only a small part of the primary silver mining industry’s overall production, at least First Majestic is trying to set a precedence by standing up to the manipulated low price of silver. If other companies joined the band-wagon and held ba
Everything is Rigged!
FED paper Scam.
Upgrading at 30$ and downgrading at $4? Those morons are insane..
Are You sure? Looks like Stupid Shorts keep shorting this stock at all time low, looks like it..
$30 stock you morons, ones GOLD goes above 1500, in few months.
GOLD / SILVER.. FEDS hate it, but how long can they keep printing Paper GOLD?
It's cheap and it's real!
LOL... $200 Value for all of then NFLX + AMZN + Disney... Based on EPS, and that's very Rich valuations..
If Fed Crooks cannot crash GOLD they'll crash Miners. And by the way FRIDAY is official US PM manipulation Day. Every Friday GOLD is down, no matter what..