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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 Platin2014on Aug 05, 2016 12:45pm
70 Views
Post# 25114424

RE:GOLD still falling down -$21.20 > 1.55%

RE:GOLD still falling down -$21.20 > 1.55% That was to expect, labor data better than consens. I am sure Gold will rebound next week, all other data going south. 
https://www.bloomberg.com/news/articles/2016-08-05/u-s-trade-gap-widens-to-almost-one-year-high-of-44-5-billion

I think it is like a reflex of people, pushing the panik buttom for no reason. More employment (and higher wages) leads to more inflation, more infation = supports Gold
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