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/biz/ - Business & Finance


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File: 91 KB, 569x398, SILVER.jpg [View same] [iqdb] [saucenao] [google]
27434705 No.27434705 [Reply] [Original]

>https://www.theguardian.pe.ca/business/reuters/exclusive-mexican-tax-authorities-to-seek-over-500-million-from-canadas-first-majestic-547421/

> Mexico's government plans to seek more than $500 million from Canadian miner First Majestic Silver Corp in what it says are owed taxes for artificially keeping its silver prices low over the past decade, two sources told Reuters.

>Audits dating back to 2010 show that the company owes about 11 billion pesos ($534.36 million), the sources said.

We're fucked bros. Sell now while you still can.

>> No.27434815

>>27434705
i just bought fucking physical silver coins for 42 / OZ REEEEEEEEEEEEEE

>> No.27434926
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27434926

>>27434705
I saw this but I don’t know enough about First Majestic to know if it’s just FUD or not

>> No.27435130

Hello /biz/ just wanted to inform you all that boomers are trying to dump their bag of shiny rocks on the GME hype. Please don’t fall for this shit

>> No.27435152

>>27434705
This news hit like 10 hours ago. Also there is no way they end up paying $500m. They'll fight it down to $100-200m. Not a big deal if silver keeps moving even slightly.

>> No.27435226

>>27435130
ok, where can I buy them?

>> No.27435319

>>27435152
Canada will give mexico 0 dollars.

>> No.27435334

OR, you can choose not to listen to the shills and stay in for the short squeeze. The short positions on AG are why we are here. Fuck some Guardian story about shit that might happen after this is over.

>> No.27435335

>>27434705
That’s a buy signal moron, buy physical silver.

>> No.27435417

>>27435130
>dump their bag of shiny rocks
Where do I buy these up? Silver is sold out everywhere.

>> No.27435443

NYSE: TECK
1st half 6.2m oz silver mined
2nd half guidance 5-6m oz
30% of ATH headroom
panman delivers again

>> No.27435505

>Mexico's government
>Canadian miner
They don't have a case.

>> No.27435514

>>27434705
So they are saying it is undervalued and that js why we should sell? Either i'm too tired and i am the one that is retarded or OP is

>> No.27435570
File: 6 KB, 800x500, Silver_Legion_of_America_party_flag.png [View same] [iqdb] [saucenao] [google]
27435570

>>27434705
im glad i followed that boomer who claimed to be a glownigger. he even gave advice about mad-max type scenarios.

>> No.27435666
File: 423 KB, 808x805, 1501755550349.png [View same] [iqdb] [saucenao] [google]
27435666

>>27434705
WTF I JUST INVESTED THOUSANDS IN THIS STUPID MINING COMPANY

FUCKING NOOOOOOOOOO

>> No.27435665

>>27435130
Hello Zoom-Zoom, I'm here to inform you that Shiny rocks currently and always will have value unlike meme stocks.

>> No.27435717

>>27434705
Shit I guess caro quintero stole another gold mine.
https://youtu.be/hdIJjvawaPs

>> No.27435780

i went all in on calls im fucked arent I

>> No.27435800

>>27435334
Guardian is fake news. After 4 years of shilling Biden, trannies and BLM everyone should know this. Establishment shills.

>> No.27435908
File: 33 KB, 700x379, donald-trump-smirk.jpg [View same] [iqdb] [saucenao] [google]
27435908

>>27434705
>it's over
It's just beginning, NESARA baby!

>> No.27435944

>>27434705
>Theyve been suppressing the price of silver. It should be way higher than it is.
>quick. Sell your silver

Do you even brain?

>> No.27435971
File: 53 KB, 680x505, 1607647081967.jpg [View same] [iqdb] [saucenao] [google]
27435971

>>27435514
Oh, ok it is about AG, not about physical. Sorry for being retarded frens

>> No.27435994
File: 146 KB, 458x477, 370-3709898_170-kb-png-angry-pink-wojak.png [View same] [iqdb] [saucenao] [google]
27435994

>>27435130
>HODL UNTIL ZERO

>> No.27436111

>>27435944
They probably didn't buy silver, but some stock/ETF/whatever paper shit that says they bought silver.

>> No.27436124
File: 317 KB, 820x640, 370-3709476_4chan-bitcoin-wojak-bitcoin-wojak.jpg [View same] [iqdb] [saucenao] [google]
27436124

>>27435944
>sell when the moon shot is finally lifting off
>HODL GME until it hits $23 a share
It's classic /biz/, buy high sell low.

>> No.27436193

>>27435944
It is about $AG not about physical. But it basocally confirms physical is worth more. Also didn't get it in the beginning

>> No.27436263

>>27434705
Fuck guys I just bought some coins from first majestic will my silver be seized???

>> No.27436291
File: 318 KB, 1200x800, marchofdimes.jpg [View same] [iqdb] [saucenao] [google]
27436291

One case of pure EVOO deenz from Portugal or France will go for a silver dime, in the near future. And instead of trading a blow job for a silver dime, you can do it for a tin of deenz.

>> No.27436302
File: 100 KB, 997x547, 1612224138321.jpg [View same] [iqdb] [saucenao] [google]
27436302

I spent about 3k on silver at $35 an ounce [ 15% above spot ], best deal I could find online but there is virtually no supply right now so I'm going to wait a while for things to calm down and slowly accumulate more. The endgame is in the physical supply.

>> No.27436377

>>27436302
it doesn't matter what it costs now kemosabe

just buy, if you can get it at all you're doing better than the other guy

>> No.27436478

>>27435335
This is exactly what i was thinking. How are people this new? Literally confirmation news of artificial silver price suppression that weve all been talking about

>> No.27436521

>>27436263
Jose already snorting blow from your coins. He is gonna steal your silver and anal virginity

>> No.27436697

>>27435666
This news was already released this morning and it didn't cause any sell off...

>>27436478
Agreed. This thread belongs on redit

>> No.27436867

>>27434705
ah, less silver being mined from the world. this will make the value go up.

>> No.27437139

>>27434705
>artificially keeping its silver prices low

Why the fuck would majestic want low silver prices? This is FUD. Story came out first thing this morning. BUY $AG

>> No.27437225
File: 2.78 MB, 1027x1327, 1449308763743 (1).png [View same] [iqdb] [saucenao] [google]
27437225

>>27436867
after all this time the silver tards are riding again

obama held it off for YEARS, it's happening before Biden's first calendar month is up

somewhere deep under Philadelphia, there is a gigantic nuclear powered steam engine running full speed printing up billion dollar bills

>> No.27437360

>>27435665
If you're gonna buy shiny rocks, at least get gold.

>> No.27437467

Will this mean anything for the 40oz that I ordered 2 days ago on FM? I'm still getting my silver right?

>> No.27437497

>>27435130
>FUD
kek last thing boomers do is dump their shiny rocks hook nose

>> No.27437627

>>27435417
i'll sell you a roll of 2016 ASEs for $700

>> No.27437705

>>27434926
Yeah this is why it was so shorted. I sold my fucking leaps in November because I didn't think markets would get this fucking autistic. This income is going to be taken off their cash flows in every analysis.

>> No.27437813

>>27437467
Yes but you now have to pay extra tax on the silver.

>> No.27438176

>>27437360
Gold is historically overvalued, Schlomo.

>> No.27438259

>>27437813
>implying the physical market pays taxes
Oh honnie chile, when FDR came for the money back in the before time, the long long ago, he forever destroyed faith in the US Government, the Federal Reserve and banksters.

>> No.27438282

>>27437360
bitcoin rocks

>> No.27438330

>>27435505
The mines are in mexico.

>> No.27438424

>>27435152
read the article
the mexicans are saying that AG is the one keeping the price of silver low artificially

lol

>> No.27438501

>>27435130
Just want to inform you that I already dumped my bag of shiny rocks on people when it gaped up this morning

>> No.27439107
File: 2.42 MB, 480x266, that was a good ride.gif [View same] [iqdb] [saucenao] [google]
27439107

well, I didnt lose much, two bottles of good scotch in value, max. but at least Ive got a priceless lesson not to ever listen plebs and boomers. will def save me a fortune someday.

>> No.27439269

>>27434705
what happened to the reprive they just got? FM wasn't manipulating silver prices, that was JPMorgan.

>> No.27439597

>>27438501
liar

>> No.27439603
File: 34 KB, 600x360, 1611783441726.jpg [View same] [iqdb] [saucenao] [google]
27439603

>>27437813
>tax on cash sales
Good luck irs I'm behind 7 pawn shops

>> No.27439684

>>27439269
That was criminal charges being dropped

>> No.27439742

how does this affect supply and demand? Oh wait it does

OP will never be a woman

>> No.27439957

This is why you never buy an individual mining stock. They can always get hit with tax cases or mine failures and lose anywhere from 25 to 90% overnight.

>> No.27439962

>>27434705
What? This is good news. The fuck are you on ablut OP?

>> No.27440725
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27440725

>>27439597