Hochschild Mining Share Discussion Threads

[stevea171] 11/10/2018 19:51

GS. Well it didn't continue today with rises from 5.2% for HOC to 12.6% for POG from bargain of the century lows!

Just a recap on this chart from 2 months ago:

7/8/2018 Greyerz: If we look at the quarterly chart of gold in dollars below, the uptrend is very clear. The correction finished at the end of 2015. Gold is poised for a major move up that should start between now and early autumn.

Gold Forming Major Bottom Ahead Of Massive Upside Advance



Gold at $1,220, adjusted for real inflation, is almost as cheap as it was in 1999 at the $250 low. More importantly, inflation-adjusted gold is now very near the 300 year low of 1999. So right now gold is once again unloved and undervalued and therefore a bargain.

[goldenshare888] 11/10/2018 19:48

Now is the time.....!

:-))

[onedayrodders] 11/10/2018 16:58

watch for late slump in DOW to motor towards the close to endorse

[onedayrodders] 11/10/2018 16:57

Hopefully PM's are signalling "Emperor DOW" can be finally seen with no clothes on

[juju44] 11/10/2018 16:14

Dare we hope our moment has arrived? Think the silence here reflects the greed and fear thats around

[onedayrodders] 11/10/2018 14:21

Just when they need weak PMI's ... VOILA ... they get it

what a surprise

[charles clore] 11/10/2018 14:18

It looks like they are on the cusp

[juju44] 11/10/2018 14:00

Yep , as Buffett says "No one rings a bell "

[linton5] 11/10/2018 13:23

You will never know till it’s actually happened (luck needed)

[juju44] 11/10/2018 12:08

Miners getting a lift with metals but are the crooks ready to really take the metals up

[maximoney1] 11/10/2018 11:58

Main market just returning to trend at moment, a drop on Dow below 25100, might see a bit of panic and a close below 24073 would confirm a collapse rather than a trend correction....so some ways to go yet....imo

[charles clore] 11/10/2018 11:40

juju is probably busy buying up PM miners. Seems to be what most are doing.

[onedayrodders] 11/10/2018 11:24

Where's juju


OneDayRodders - 07 Oct 2018 - 20:29:27 - 2636 of 2671 Hochschild Mining - The Serious Traders Thread - HOC
the markets will tank juju


;o)

[davidspringbank] 11/10/2018 10:59

If gold can punch it's way above 1215 and on to 1260, we should be off to the races. FRES and HOC are the only stocks up in my holdings today. The markets have finally rolled over and are heading South. It's a typical October crash and gold stocks are doing what they are designed to do: offset risk.

[charles clore] 11/10/2018 09:42

juju - the question is, in this mixed up convoluted financial world of derivatives and market rigging, how do we know what is real? I agree that this looks like a good place to be parked for a while.

[maximoney1] 11/10/2018 09:33

Wonder if it will be held by resistance at 154.5p Would be nice to see it push through that with strength. :-)

[charles clore] 11/10/2018 09:22

DT - I would avoid like the plaque higher and higher interest rates in a currency that is dying. At least it looks like PMs are responding correctly to the market today.

[dt1010] 11/10/2018 09:02

The issue is that while rates go up in the US PMs will fall and take the sector with it.

So we are not at the bottom yet as the Fed will raise again and again.

Why buy gold and silver when you can buy an instrument that pays interest?

PMs will only really start to take off...when rates top out and start to be cut.

They will REALLY motor when rates go negative.

We have all that ahead when the Great Liquidity Crisis hits. (2020-2012?)

Then whatever this is by then we’ll see huge buying in the sector. I will keep powder dry for little ISAs until then.

[maximoney1] 11/10/2018 08:50

Dogwalker, AG, AU, HUI and GDX are in a holding pattern at present after breaking above a short term downtrend resistance....just waiting for the right impetus. Market waiting to see if the flood will be into bitcoins or metals....imo.

[dogwalker] 11/10/2018 08:38

Well timed , maxmoney1 !

[maximoney1] 11/10/2018 08:33

Well, finally touched the lower trend support line, would expect it to head higher from here...we will see :-)

That looks like really excellent timing nilla. :-)

[nilla159] 11/10/2018 08:23

Just reinvested my dividend at 147p.
Remember to buy when others are fearful.(if you have any funds left).
Could this be the tipping point?

[risa5] 10/10/2018 21:27

Dow is tired markets have been going south recently.
We need a correction.