Dec. 15 at 12:08 PM
$AG &AG will take off once it resolves their tax dispute with the Mexican government. I believe this stock has been punished by wall street only because of the tax issue. Investors do not like uncertainty. I bought this stock about 10 years ago along with many other gold/silver mining stocks and one physical silver/gold holding company (
$CEF).
$AG the only PM stock I have a loss with. All of the others are up 2x or 3x. I remember my reasoning for the purchase of CEF was it appeared to be the safest holder because its PM was held in Canada. I wanted to stay away from the London and USA banks because I did not trust them. JP Morgan paid a
$920 million fine in 2020 for price manipulations that caused traders to loose
$300 million. Other banks were also fined lesser amounts. Not the kind of banks I want to deal with.
