Gold Production in Mexico

Targeting 2013 annual production of 118,000 ounces of gold

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Message: This market is nuts!!!

Gold is at holding at $1200. Equities around the world are rallying. Timmins Gold just announced they increased their resource by 25 percent. Result? TMM is down to 1.20/share when just last week it was over 1.40.

Good lord. These algorithm traders are truly brainless.

From a technical standpoint, there should be strong support here at 1.20. Below that there is very, very strong support at 1.10.

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