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Timmins Gold Corp T.TMM

"Timmins Gold Corp is engaged in acquiring, exploring, developing and operating mineral resource properties in Mexico. It owns and operates the San Francisco open pit and Ana Paula gold project in Guerrero and the Caballo Blanco gold project in Veracruz."


TSX:TMM - Post by User

Comment by ronnywingon Feb 19, 2015 9:28am
50 Views
Post# 23442865

RE:RE:Not looking good

RE:RE:Not looking goodWhen the U.S finally raise interest rates this year gold will take a hit, and that will be long term according to Goldman Sachs (2015,2016,2017). When interest rates rise U.S. treasuries and the U.S buck become more attractive then a sell off in all commodities including gold. Then you have summer doldrums coming and the market sell down soon  

Few like to hold stock over the summer.
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