AG - first majestic silver
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Started by bear - Jan. 1, 2019, 8:17 a.m.

if we look at a 20 yr chart of first majestic silver,  it tends to spike about every 5 years.  there is a peak about 2001, 2006, 2011, 2016,  then it settles back down.  I bought in at under 4 bucks back before 2016,  then sold at about 15 bucks in 2016.  

looks to me like this is setting up again.  I think by 2021 or 2022, it will again test its old highs.  it may top out between 15 to 25 bucks.  but it currently is under 6.  even if it falls from 5 down to 3,  it will eventually go back up over 15.

of course I have been wrong before. 

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