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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 > FED again
View:
Post by Platin2014 on Oct 15, 2016 1:49pm

FED again

https://www.kitco.com/news/2016-10-14/Wrapup-2-Fed-s-Yellen-Says-High-Pressure-Policy-May-Be-Only-Way-Back-From-Crisis.html

I would read that like    ....we have tried hard to raise, but we can`t, sorry guys...

whats your guess??
Comment by Goldhound3 on Oct 15, 2016 3:45pm
I think they raise in Dec to pound gold down then the feds will most likely reverse course and lower them in 2017 and thats when gold rockets..After that who knows most likely a major market meltdown and a huge war to try and stimulate the economy..Just remember food in the cubboard is better than money in the bank..
Comment by bobofet on Oct 15, 2016 9:33pm
Yes December is probably a lock, they will raise rates.  Gold may gold down temporarily.... but I think like some do that gold will not get beaten down,   by now most is already known about rates, if things stay they way they are today, surely an increase in Dec, and mostly priced in.  Much is dependant on the way this chaos in the world is asessed and the magnitude of the ...more  
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