Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > When summer sell off begins early (starting very soon)
View:
Post by frankman on Feb 03, 2016 1:42pm

When summer sell off begins early (starting very soon)

All asset classes including gold and gold stocks will be sold to cover margin calls and other market losses (my quote I posted many times). Remember gold pays no interest and holds no coupon. Basically dead investment when other interest bearing debt s are sucking money from your accounts, will need to be paid.
 
Gold may have it’s flavour of the day swings but without inflationary support it will be sideways at best for 2016. Summer oil will help a bit but many are going to hold preferred liquid cash.
Comment by blade86ca on Feb 03, 2016 2:01pm
frankman .... Incase you didn't notice gold is most definetly in a steady uptrend and not going parabolic .... fyi inflation is not the only factor that moves gold , maybe take a look at the US dollar and you may then understand why gold is in an uptrend now. All the US dollar bulls must be soiling their pants today. Yes gold pays no interest but based on what a few central banks have done so ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse