Hochschild Mining Share Discussion Threads

[dt1010] 20/11/2018 17:22

It will juju everything gets hit

[d3009] 20/11/2018 15:36

Maximoney, join the club - took some more off the table before NYMEX came on line as it's a Tuesday had a feeling there maybe a PM bash today. Cheers for the link to the Tony Deden interview (posted 3rd Nov), very enlightening on his methods of investment and a poignant reminder to how investors perceive companies today.

[juju44] 20/11/2018 14:56

Dow crash could take the miners with it at the start before they become the stars

[stevea171] 20/11/2018 13:59

Dow futures tumble nearly 300 points, Nasdaq poised to fall by triple digits.

[stevea171] 20/11/2018 13:28

"A Sea Of Red": Global Stocks Plunge With Tech Shares In Freefall.

AAPL. Down grade by Goldman last night, way behind events, as is usual. So the share price is likely to fall further now and is likely to take the Dow (AAPL is the 6th highest component in the DOW) and Nasdaq down with it.

Apple shares AAPL, -2.52% are up 14% year to date, compared to a nearly 3% gain for the Dow Jones Industrial Average DJIA, -1.56%, of which it is a component.

AAPL love affair has a long, LONG way to go to unwind the over valuation .....

(Not to be taken seriously, but for the record) Goldman slashes Apple price forecast, sees stock going nowhere for a year. Goldman Sachs reiterates its neutral rating on Apple and cut its price target to $182, down from $209. That implies 2 percent downside over the next year.

[stevea171] 20/11/2018 10:45

Rhu. Yes, big changes in the last 50 years there in the highlands and islands as they have become somewhat more integrated into Scottish life and the economy with big improvements in communications and transport/access, although the Gaelic speakers have been dying out.

US Markets. The Dow closed at 25,017 which is a bit below the 200 DMA again but 600 points above the closing low in October. It is being used to prop up the whole edifice of the US markets but for how long this can continue? Who knows? In my reckoning not much longer ....

The Nasdaq by way of comparison has turned decisively on the former tech darlings and they are being hammered right across the board big time. The Nasdaq led the market all these years on the way up and is now leading the fall. Yesterday another -3% taking it's close below the closing low in October. Tech investors are panic selling as they sense that in the coming days and weeks a market crash is more likely than a Santa rally.

[rhuvaal2] 19/11/2018 17:12

I just love the pics and chatter ~ remember setting up home in 1963 buying a mansion and three cottages incl' 40 acres: a proper gents croft, all for £5000 =
now worth 1.5M+. Your place might appal me with all those English newcomers getting
on television. In my day the locals spoke English as a poor second language :)

[juju44] 19/11/2018 15:22

yes , progress but downtrend has not been broken .... yet

[stevea171] 19/11/2018 14:53

Hi Rhu. No one knows for sure where the markets are going from here but my best guess is probably a bit more back and fill before down.
I'm not selling any PM's or the miners because they are ridiculously cheap and will hopefully be one of the few asset classes to move in the opposite direction.

Yes, first summer with the Rhino has been good. My wife uses it for tomatoes, cucumbers, aubergines, water melons, pumpkins, salad stuff, etc. Next year she will do more experimenting.

Did you see the BBC feature on Scoraig today. Bit further north. Looks interesting:

[maximoney1] 19/11/2018 13:57

I've taken half my money off the table this morning for a small profit. Probably means it will sky rocket now :-)...so be it.
Pattern does not look as clear cut as it had been earlier, although still promising. Will average down if price drops, will let rest run if price shoots higher, knowing that the half I took out, was at least taken at a profit.

[goldenshare888] 19/11/2018 13:28

Not too many traders left standing after this brutal multi-year take/shakedown, to trade this bucking bronco!!!

Time for the bull to continue his run very soon I feel.....!

:-))

[dt1010] 19/11/2018 12:26

Absolutely.. pound cost averaging...all the way down from 300p 😂

Royal Bank of Canada upgraded HOC to outperform with a target of 255p

That’s 55% up from here.

[rhuvaal2] 19/11/2018 12:00

Hi stevea, still reading and have had a full weighting for some time. Trust the Rhino did his best all season thro', regards R

[stevea171] 19/11/2018 09:41

“The Outlook For The Global Economy Has Deteriorated”: Oil, Copper And Lumber Are All Telling Us The Next Economic Downturn Is Here.

Oil, copper and lumber are all telling us the exact same thing, and it isn’t good news for the global economy. When economic activity is booming, demand for commodities such as oil, copper and lumber goes up and that generally causes prices to rise. But when economic activity is slowing down, demand for such commodities falls and that generally causes prices to decline. In recent weeks, we have witnessed a decline in commodity prices unlike anything that we have witnessed in years, and many are concerned that this is a very clear indication that hard times are ahead for the global economy.

Let’s talk about oil first. The price of oil peaked in early October, but since that time it has fallen more than 25 percent, and the IEA is warning of “relatively weak” demand out of Asia and Europe…

The International Energy Agency said on Wednesday that while US demand for oil has been “very robust,” demand in Europe and developed Asian countries “continues to be relatively weak.” The IEA also warned of a “slowdown” in demand in developing nations such as India, Brazil and Argentina caused by high oil prices, weak currencies and deteriorating economic activity.

“The outlook for the global economy has deteriorated,” the IEA wrote.

Meanwhile, the price of copper has been declining for quite some time now. The price of copper also fell substantially just before the last recession, and many analysts are pointing out that “Dr. Copper” is now waving a red flag once again…

The message of weakening demand on the oil front was reinforced by the falling price of copper. The base metal is often referred to as “Dr. Copper” on its presumed ability to forecast the peaks and troughs of business cycles since it is used in different areas of the economy such as homes, factories and electricity generation. Copper has served as a leading indicator of both recessions and economic booms.

The price of lumber is a “third witness” that indicates that big trouble is looming.

Last month, lumber dropped more than 10 percent, and that was the biggest monthly drop that we have seen in more than 7 years…

In October, prices for softwood lumber in the U.S. dropped 10.3% – the largest decline since May 2011, according to the Producer Price Index (PPI) release by the Bureau of Labor Statistics. The producer price index for softwood lumber has fallen 21.2% since setting the cycle and all-time high in June.

If oil, copper and lumber are all telling us the same thing simultaneously, don’t you think that we should be listening?

At this point, even Bloomberg is admitting that the global economy is heading toward “a generalized slowdown”…

These developments suggest the synchronized growth that the global economy has enjoyed in recent years is likely to be replaced by a generalized slowdown. Just take a look at the data out of Japan and Germany this week, which showed the world’s third- and fourth-largest economies contracted in the third quarter.

How many signs is it going to take before people start understanding what is happening?

[brucie5] 19/11/2018 09:36

Yes, I'm seeing a bottom here too, and with GPM, even more conspicuously. But I still think we could be a while at these levels, giving those who wish to, the opportunity to stock up.

[dt1010] 19/11/2018 09:30

La Doobla Bottom en motion

[stevea171] 17/11/2018 11:42

Minera BioLantanidos (MBL). “Elements such as neodymium and dysprosium are contained in clays near the city of Concepcion in concentrations similar to those found in southern China, which has all but cornered global supply until now”.

“While operations in China typically pump ammonium sulfate into the ground and wait for the chemical to seep out with the minerals, at Biolantanidos the plan is to dig out the clay, put it through a tank-leaching process with biodegradable chemicals and return it cleaned to the ground, replanting pine and eucalyptus trees. It may be laborious, but Albornoz is hoping companies such as ThyssenKrupp AG, Apple Inc. and Tomahawk cruise missile maker Raytheon Co. will end up paying a premium, knowing their suppliers aren’t destroying the planet”, said Bloomberg.

Once the news was published on the website of Bloomberg, other international media replicated it in their own websites. One was Mining.com, which noted in his article that “Chile may be China’s next competitor in the rare earths market”.

“The rare earths industry is about to experience a clean-versus-dirty battle until now only seen among fuel producers, as a Chilean company is stepping up efforts to grab some of that market in a much greener way than China, the world’s top producer of such elements”, said the website.

In addition, the specialized webpage Popular Science wrote that “With companies like Apple eager to keep an environmentally friendly image (Greenpeace called them the greenest internet tech company this year) it would seem like Chile is backing a winning horse”.

It is noteworthy that BioLantanidos is the first project in Chile and the region devoted entirely to the development of the so-called “Rare Earth,” a set of minerals used in the fabrication of high technology products.

[stevea171] 16/11/2018 07:56

The Black Swan Just Hit Oil… Next Is Stocks.



Majority Of Silver Miners All-In Sustaining Costs Significantly Higher Than The Silver Spot Price

[juju44] 15/11/2018 08:43

opening gap up has to be filled

[dt1010] 15/11/2018 06:57

No one can win unless you’re a corrupted manipulative insider, cue JPM, Socgen, Goldman etc

They will only pile into gold and silver when the wheels come off the global debt pile and central governments start up the printing presses again like never before...and the dollar tanks as a result.......and that could be years off.....though I have a sneaky feeling it’ll happen in the next 2 years..................

[d3009] 14/11/2018 21:19

cashed in 25% of my stake in Hocs at 150 after looking at the silver charts and the potential drop to $12 or possibly as low as $8 if the forecasts are right, but true to form just after selling the price of silver starts taking off. Is this it then guys or another false dawn courtesy of the crims.

[dt1010] 14/11/2018 19:17

Yeh saw bitcoin, totally out of the blue that drop, no known reason yet.

All markets are mad at the moment.

They presgage huge falls to come during huge debt meltdown.

Happy days (hold cash, it’s buying power is set to rocket).