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jforet6112

Possible short on further fed funds hikes down to $5

Short
First Majestic Silver Corp. (NYSE:AG)  
jforet6112  
NYSE:AG   First Majestic Silver Corp.
Trend Analysis Fundamental Analysis Silver Gold fed federalreserve QE AG firstmajestic miners
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trendanalysis fundamental silver gold fed federalreserve qe ag firstmajestic miners
I expect more downside in miners if perceived hawkishness from the fed is maintained. Soon though, they'll cave and sacrifice the dollar to do what they think will save the markets, which will lead to an explosion in precious metals. These miners will be the ultimate levered trade on the coming fed pivot so be ready to reverse to long.
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