My one-hundred-and-sixty-first YouTube video “Quick Pick First Majestic Silver” went up today.
This hasn’t been a great year for precious metals hedges. However, allow me to make the case for First Majestic Silver (AG), given the coming recession and my expectations for the Fed’s schedule of rate increases. A hedge for 2023? At the current price, it’s an attractive bit of insurance against a big surge in risk.
(First Majestic Silver has been a member of my Volatility Portfolio on my subscription site JubakAM.com since July 26, 2019. The shares are down 24.03% since that date as of the close on July 28.)
Please watch and subscribe to my YouTube channel. And like my video.
Here’s the link: