Hochschild Mining Share Discussion Threads

[daybreakers] 24/11/2016 12:42

I don't expect good production figs with the silver/gold price fall.

[daybreakers] 24/11/2016 12:42

Fed hike is very likely, all over the American news.

[dt1010] 24/11/2016 11:34

No Fed action in Dec and this will roar back.

[lauders] 24/11/2016 11:23

Unfortunately, unless you are waiting to buy of course, this looks like it is heading for 200p! Hopefully not less. I hope a return to the mid-200s comes soon after and so will all those who buy!

[johntrustee] 24/11/2016 11:21

25% down in 2 weeks. I am on the sidelines witing for the bottom, which I think could still be some way off. The markets seem to think Trump is setting the stage for a bull market in equities.

[onedayrodders] 24/11/2016 10:38

Juju ... I know you regard many of the media gold bulls as nut jobs but this was a great call from Rick Rule back in August...



No guarantee he gets it right all the time but for me next time he speaks I'll be listening more closer at least.

ODR

[lauders] 24/11/2016 10:29

Good luck pixi.

Next drilling update (production figures) in January spagnolia.

[spagnolia] 24/11/2016 10:28

I am sure we are due drilling news anytime soon to?

[pixi] 24/11/2016 10:12

I doubled my holding in Hoc just now. It'll probably show up at the end of day.

[juju44] 24/11/2016 10:05

I think 1180 could be the bottom - until FED decide otherwise , which they may or may not

[spagnolia] 24/11/2016 09:57

Does anyone have any up to date charts?

[lauders] 24/11/2016 09:29

Not all miners are in a bear market. Probably need to be more specific! GLEN, KAZ are two that are not exactly down. Copper is their saving grace it would seem.

EDIT - AAL too!

[charles clore] 24/11/2016 09:13

Job done. Let it rise now.

[juju44] 24/11/2016 09:04

few weeks back - stopped out

[dilbert dogbreadth] 24/11/2016 09:01

Have you sold then juju?

[juju44] 24/11/2016 08:31

Miners are back in a bear market

[dt1010] 24/11/2016 08:29

If the Fed doesn't act in Dec there will be one almighty bounce

If they do, is it already priced in?

We'll have to see.

[saturdaygirl] 23/11/2016 21:00

DT

You may get a bounce from the Nov settlement

But its not the one investors here are looking for .

[dt1010] 23/11/2016 20:38

Sentiment is at its worst since mid 2015

So a bounce is technically due

[hectorp] 23/11/2016 20:33

Liquidity gaps .. Holiday.. I've been watching that particular space now for a week. Well we will see , Perehaps the metals will bounce early next week.

[dt1010] 23/11/2016 20:25

Don't worry, the Trump honeymoon period will wear off.

[celeritas] 23/11/2016 20:01

Gold sensitive to interest rates, pull the other one. It seems everything is negative for gold, even Trump winning, which was positive until it didn't fit in.

[dt1010] 23/11/2016 18:49

Agree H. I looked at HGM but haven't bothered there to be honest. FRES I would buy but not as good value as HOC. I think gold and silver are oversold at these levels but then I would say that.

Tomorrow is the Thanksgiving holiday in the U.S., which means from today through Friday markets will be in thin holiday trading mode. Keep this in mind as liquidity gaps could arise in the absence of full market participation.

[hectorp] 23/11/2016 18:09

Bottomed out.. bouncing back off the buffers, lol , ( above) but the next two days are best avoided from the trading viewpoint ( or are they). I am not a 5 minute trader so I'll sit this out now.

The fall to 215 is welcome in as much as the fundimentals had been overtaken at HOC by the rush to invest over the summer onwards. Still averaged to 192/3 could be a penny out. The same point can be made for FRES and FR ( and others). HOC is much better value 30% under its high price.

[dt1010] 23/11/2016 17:31

With traders pricing in a 100 percent chance of a December rate increase, according to the CME Group's FedWatch Tool, gold's decline may be bottoming out, Bhar added.

"I suspect that maybe 70 percent of the rate rise is priced into the market, and when it comes through, you may have 'sell the rumor and buy the fact'," he said.

The U.S. Federal Reserve next meets Dec. 13-14.

Uncertainty surrounding Italy's constitutional referendum on Dec. 4 and French and German elections next year could support gold through safe-haven buying, Bhar said.

"Seasonally, as we move towards Christmas, New Year and Chinese New Year, that should see some physical support."

Gold is highly sensitive to rising interest rates, which lift the opportunity cost of holding non-yielding assets such as bullion while boosting the dollar, in which it is priced. The dollar was steady on Wednesday near a recent 13-1/2 year peak.