Hochschild Mining Share Discussion Threads

[saturdaygirl] 13/1/2017 16:58

DB

The weekly Stoch and MACD are pointing at 2.50 plus to bang the top rail and with their slow cycles are looking like the 2016 repeat run up .
Not sure we will see a sharp pullback from here ?


free stock charts from uk.advfn.com

[daybreakers] 13/1/2017 16:29

Its not on bull run yet, it will pull back before major rise

[topicel] 13/1/2017 15:13

But we are led to believe that they are running out of time to continue these paper attacks ODR.

At least, that is what the Trump supporters think will happen as he begins to dismantle all the corrupt manipulation in the US of A...

I just can't see a string dollar being good and that is why I am in gold and silver as we roll into 2017. That and the very real threat of significant inflation. Oh, and all the gold bugs in his administration...

We will see, but each smack down since the Fed rate hike has been less effective, lasted less time and generally been reversed the same day. Let's see.

Topicel

[onedayrodders] 13/1/2017 14:34

ahh our good "friends" from Nymex hit silver again .. straight from the off

[onedayrodders] 13/1/2017 11:58

If the DOW started to move to 30,000 the chart will look like a blue sky AIM Internet stock from 1999 and we all know how that turned out.

[dt1010] 13/1/2017 11:18

Yes they are at resistance. Silver needs to break $17.30 to confirm its in bull mode.

[shakeypremis] 13/1/2017 11:14

We need gold and silver to break 1200 and 17 respectively.

[dt1010] 13/1/2017 11:08

Yeah I thought that Top. Fres is a strong buy and cheap on any metric all the way to £20 at the moment.
It seems pm miners have stalled though, today.

[topicel] 13/1/2017 11:02

Agreed Stevea. The DOW could soar some more especially if the QE4 path is trodden again to stimulate/allow Trump to do his best to make America great again...

DT! That piece seems to be written by someone once short on Fresnillo IMHO. Which is no bad thing.

Topicel

[dt1010] 13/1/2017 10:52

From that article

Lastly, even though I have shown how Fresnillo PLC’s profit margin has really fallen in the past several years, I believe this is one of the strongest primary silver and gold mining companies in the world. Most other gold and silver mining companies lost money in the past two-three years, but Fresnillo PLC still made some profits.

Furthermore, the best performing mining companies in the future when the GREATEST FINANCIAL PONZI SCHEME in history starts to unravel, will be those who produce mostly gold and silver. What I mean by that is a company’s revenue that predominately comes from both gold and silver mining.

For example, Fresnillo PLC’s silver and gold metal sales in 2015 accounted for 91% of their total revenues. Compare that to Pan American Silver’s 73% of total revenues came from silver and gold metal sales for the same year.

Regardless, the market has no clue just how undervalued physical precious metals are as well as the primary gold and silver miners. When the FIAT MONETARY FAN finally hits the COW EXCREMENT, the market price of these extremely rare assets will surge higher.

[stevea171] 12/1/2017 19:54

Topicel. That's interesting. No, I wasn't aware of that tecnical though I know it took an ultra long time for the Ftse100 to break that high last year from way back when!

There is so much manipulation and fraud in the US markets that we can't be too sure of anything there. Who knows? Maybe they can add another 10,000 to the Dow before a crash?!!

[saturdaygirl] 12/1/2017 18:11

Market Intervention Crushed Profit Margins At Largest Primary Silver Mining Producer


SRSrocco
January 11, 2017
5

The profit margin trend at the world’s largest primary silver mining company has experienced a rapid decline over the past several years. Fresnillo PLC in Mexico, is the largest primary silver mining company in the world. Last year, Fresnillo PLC produced 47 million of silver and 762,000 oz of gold.

[topicel] 12/1/2017 17:16

Stevea, do you recall the FTSE just missing 7,000 by 3 or 4 points I think in 1999?

Well I recall after the dot com crash that one pundit said it would be a decade before it returned to those highs. In fact it was more like 16 years!

The DOW should look out if it really hits trouble like last year as 10k might come back, never mind 20,000...

Topicel

[shakeypremis] 12/1/2017 15:43

Don't worry Stevea, I am going nowhere, in fact I will add more at this level if I get the opportunity. I will need to get paid first as I have to spare funds available at present and I'm not selling any First Majestic or anything else.

[shakeypremis] 12/1/2017 15:42

Doesn't look likely today.

[stevea171] 12/1/2017 15:42

Shakey. Patience! This is not a 100 me sprint. More a marathon ....

[eeza] 12/1/2017 15:38

HOC needs a close above 242 to break the downtrend.

[saturdaygirl] 12/1/2017 15:32

Will SOLG be first to make the break ?



Whats the code for MML ?

[shakeypremis] 12/1/2017 15:28

It was 240 yesterday and since then gold and silver haven risen nicely... The dollar has fallen and both the DOW and FTSE are also down. What gives?!?!

[eeza] 12/1/2017 15:03

230 the line in the sand for today's battle between bulls & bears.

[stevea171] 12/1/2017 14:50

$Index: 101.14. Down today and has been falling for a few weeks. Trend is down though some days it bounces up. Lower highs lower lows .... Minus 2.5% from its high.

This is supporting the higher gold price we have been seeing since Boxing Day.

Dow crashing -156 and out of the narrow range it's been trading in for the past month. It still hasn't hit 20,000 despite all the MSM and Wall St hype and now is not likely to do so for an extended period ....

[bigboots] 12/1/2017 13:39

Watch a resurgent dollar this morning....

[saturdaygirl] 12/1/2017 13:05

At the time of his death, Prince had taken delivery of and had in his possession 67 gold bars, 10 ounce gold bars, valued at $836,166.70. That’s according to an asset inventory compiled by Bremer Trust released by the Carver County District Court, as first reported by the Minneapolis Star Tribune.

The release inventory showed that the “Purple Rain” singer had no stocks, bonds, or other financial assets, but did have a substantial amount of land, property, cash and gold bars.


Prince, like many artists, preferred hard, tangible assets to paper assets such as bonds and stocks. It seems that he also understood the value of diversification and owning physical gold as financial insurance.

[jimbowen30] 12/1/2017 13:03

Rodders

That's my strategy exactly. Have about 35% in physical PM and 65% in PM equities. I am hoping when PMs pick up I will be able to pay off the mortgage. The leverage on equities works both ways of course, but stick to quality miners like HOC and CEY. Most of my holdings are Canadian listed though.