I know there are many people here who do not believe in the stock market or trade, but as the banks begin to crack again many miner stocks will rapidly increase in price. Take a moment to review the company First Majestic Silver. Their stock has gone from low $3 per share to a current high of $18.50 per share. If you notice on their chart it is almost back to all time high hit during 2012. Gold Resource Corp has an identical chart history and pattern. History isn’t guaranteed to repeat but it’s looking highly likely that it will again given our current economic conditions.
First Majestic Silver is just getting started at $18.50. For every $1 move upward in silver spot price First Majestic is earning $20 Million more a year. You do the math but the majority of the miner stocks are highly undervalued and getting ready to be revalued.