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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 fb454on Mar 15, 2017 8:31pm
138 Views
Post# 25985488

Regarding gold moving up today;

Regarding gold moving up today;Gold went up today because the Fed said they will raise slowly. Perhaps 2 more times this year. Part of raising was that inflation is creeping up. Gold is a hedge against inflation. Real interest rates are still way below inflation. Bank CD`s are around 1.15% in the U.S. Inflaton is twice that. It`s estimated that the real inflaton rate here is between 7 and 9%. Other factors supporting gold is the Dutch election today. The The French election process begins March 23rd. Greece needs another bailout. It never ends. Best of success everyone.
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