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Bullboard - Stock Discussion Forum 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 Discussion

Timmins Gold Corp > Kyle Bass - Buy Gold
View:
Post by vestor111 on Dec 05, 2013 4:00pm

Kyle Bass - Buy Gold

From a Kyle Bass interview:


Drobny: If you could do only one trade for the next ten years - non-risk-managed...

Bass: Actually, the answer to this one is easy – I would buy gold in yen.

Buying gold in dollars is not a bad substitute. Yen will pay off bigger and faster though.
Last year he told a financial gathering in Chicago to buy gold and go spear fishing for 10 years. No worry investment.

https://www.zerohedge.com/news/2013-12-05/kyle-bass-warns-when-everyone-beggaring-thy-neighbor-there-will-be-consequences

Comment by pdcon1 on Dec 05, 2013 9:10pm
found this article on what is really going on with gold https://www.ingoldwetrust.ch/alex-stanczyk-physical-supply-never-been-tighter
Comment by vestor111 on Dec 06, 2013 10:32am
Pdcon - That was just awesome. The evidence piles up, I tried to capture recent events in this posting adding this news on top of a growing pile. https://groups.yahoo.com/neo/groups/Metalmoney/conversations/messages/2274
Comment by bob4977 on Dec 06, 2013 11:03am
The other good news for gold bugs is that the jobs report came out with 200,000 jobs created in the US. That should have driven the price of gold down, as it has every other time in recent history. Gold did suffer a huge drop but bounced back almost immediately. That indicates to me that bad news ( for gold) no longer drops the price down, which is an indicator of a bottom. Bob
Comment by vestor111 on Dec 06, 2013 12:46pm
Agreed but I have become a real cynic on the jobs report.  The woman O-No put into run BLS  before the last election was warned against, long before it came to light that the BLS numbers were fabricated to help O-No get re-elected.   SHOCKING!  Not!   And if you dig deep enough, i'll find she is a card carrying commie (Like the Jarrett family and the Axelrods).   ...more  
Comment by pdcon1 on Dec 06, 2013 11:11am
 good post kyle .   got that from your original post  based on your new post if china starts to buy oil in yuan the dollar will drop 10 cents according to sinclair . the deal between arabs russia and china probly is back the yuan with GOLD and we have a deal , good reason for china to buy gold , is to get the rest of the world to buy their yuan meanwhile they keep trading their ...more  
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