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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

Post by Steffmeisteron Sep 15, 2015 10:00am
97 Views
Post# 24104517

Higher interest rates is not bad for Gold

Higher interest rates is not bad for GoldDon't fear a raise in rates. During the seventies when gold&silver soared the interest rates was at a much higher level than now. Higher rates is not good for gold in itself, but it's very bad for stocks and bonds, capital moves into another asset class like precious metals. Brian Lundin have an article about it here on Stockhouse.

https://www.tfmetalsreport.com/comment/508670#comment-508670

Maybe a bullish triple bottom in HUI

Just bought in, sold a year ago at 1CAD with a -12% loss ... hopefulle better times ahead of us. Also bought Yamana another brutally beaten down company.
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