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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

Bullboard Posts
Post by goldtoeon Feb 11, 2010 12:34pm
293 Views
Post# 16775713

international bankers...

international bankers...
and financiers have been trying to talk the POG down all the while they are on the buy side.. the fundamentals for gold couldn't be much better.. who in their right mind would load up on US dollars when China and Russia etc. have been trying to buy assets with this dead currency?

China has been buying the production of their gold mines bypassing the London exchange but the effect is the same.. less gold on the market. India is on the buy side again.

There has not been very many large discoveries in the last 20 years and year over year production has been falling.

Has gold decoupled from the US dollar or Euro depending on how you want to look at it? Watch and see but don't miss the next legup in the gold bull!



salute
Bullboard Posts