Hochschild Mining Share Discussion Threads

[onedayrodders] 17/12/2018 10:04

As predicted .. the dreaded ODR jinx

[dt1010] 17/12/2018 09:31

Technical retrace ahead of assault of 180p

[onedayrodders] 16/12/2018 14:51

yep .. although it can happen overnight but sometimes needs time to develop and there is definitely a steady change going on.

A month ago the US was happy to believe it was the greatest economy in the world EVER ... Now the word "recession" is creeping into statements and JPM saying there is a 70% chance of one.

[dt1010] 15/12/2018 12:11

It can’t be that simple even though I have myself said the same. But things are changing. It’s definitely risk off and something big is brewing.

[skara brae] 15/12/2018 09:04

Stampede into gold and silver soon then :-)

[goldenshare888] 15/12/2018 07:12

My target on Deutsche bank is: ZERO

2019 or 2020? - Is the question

[juju44] 14/12/2018 21:37

I am watching deutsche bank constantly . IT is now under 8 euro . Watch this space

[onedayrodders] 14/12/2018 21:26

for many Deutsche Bank could be the entity that blows it all up with their trillions derivative exposure.

They tried to pump it up with merger rumours but it's heading down again and first time sub EUR 10 for over 20 years

[dt1010] 14/12/2018 20:09

Yep and 2020 is the year of the collapse of u ask me.......

[onedayrodders] 14/12/2018 16:06

The last time a budget deficit like that was run was to cope with the Financial crisis of 2008 .... this is not a canary in the coal mine it's more like a k'n Albatross

It's all unwinding in bubble land across the pond

[onedayrodders] 14/12/2018 16:02

Released yesterday ..

US Federal Budget Balance
Previous -100B
Forecast -193.5B
Actual - 204.9B !!!

TRUMP.. "This is the greatest US economy ever" !

fk me you just couldn't make this up

[breaktwister] 14/12/2018 15:13

Bought more in my SIPP today. See my post last week about nearly throwing in the towel, right at the bottom at 155! Lucky for me I have learnt that those are the times to buy (had a sb long from 155, closed yesterday).

[onedayrodders] 14/12/2018 11:43

Back in today .. apologies in advance if I bring bad luck

[dt1010] 13/12/2018 12:35

100% glad you agree

[stevea171] 13/12/2018 09:13

Financial and precious metals expert Egon von Greyerz (EvG) says don’t expect the global financial situation to get better anytime soon.

EvG says, “You know what the politicians are doing now? Theresa May is my best example. These politicians are just running around posing and acting, but they are not achieving anything, and they are not achieving anything because the world is in a mess..."

"What we are seeing the beginning of is the decline of the western world economy, which means the whole world economy...

There is no use in putting a time period on it, that it’s going to happen this year or next year. The trend is clear. We know that the world economy is in a mess. It’s going to decline, and in my view, it’s going to be a rapid decline...

Gold will reflect all of this, and currencies will be totally debased...

You don’t need a lot, you might only need another few snowflakes to trigger this avalanche. It could come in a month or in three months time because the system is a fake system...

I count $2 quadrillion in money. If you add debt, unfunded liabilities and the risk of derivatives, you come up to $2 quadrillion of debt and liabilities. The global GDP is $70 trillion...So, you are talking about 30 times global GDP.”

[juju44] 13/12/2018 08:19

we are surely on our way now . I added some yesterday as I am still looking at that gap at 260p

[dt1010] 12/12/2018 14:44

Someone must off load this every time
It rises....it’s just pathetic

Well, it clawed it back and went for it intraday....it seems this is in demand by the algorithm bots as gold and silver rise. Don’t think ordinary folks are interested at the moment. Apart from very very few.

[dt1010] 12/12/2018 08:23

At some ‘King point a liquidity crisis is going to hit...either 2019 or 2020...and when it does, after an initial hit money will flow into gold which will pull Silver up and all the pM miners too. If we have waited for the last few years we can wait another couple for this to start rocking and rolling. It will be better than the last boom in pm stocks, better than 40p to 300p as HOC will have ramped up delivery and have eradicated it’s debt.

[maximoney1] 11/12/2018 13:52

Yeah doesn't make sense.....looks like the mm's are doing a shake out possibly down to trendline at 154p, maybe before a big rise. Silver leading gold today, so that's a change.

[juju44] 11/12/2018 13:41

Give silver a chance first . You never know . They will move it sometime , maybe now

[onedayrodders] 11/12/2018 08:40

Yesterday's rally in the US was just another correction in a bear market ... whether it resumes down today, tomorrow's or next week.Tariffs... Brexit etc are just giving them something to blame. The DOW went from 18,000 to 26,000 on 5 words .. let's make America great again !! Their trade balance and debt is now the worst in American history

[maximoney1] 10/12/2018 23:06

Yeah, but the point is, the DOW has three daily closes below the trend. They needed to get it to close above 24500 and didn't make it. I would not be surprised to see a big down day tomorrow, or else they will be throwing everything at it. Both the 50dema and 200dema have turned down and in danger of forming a death cross before the end of the month. Now I understand they will try to boost, but momentum is against them, so sometimes you just have to stand aside the juggernaut.

The door is open to a run down to 20400 by NOV next year, which would correct it back to older trend support. This would actually be very positive in the long run for a continuing bull, only if it fell through that trend would economic crisis be upon us.