Hochschild Mining Share Discussion Threads

[lauders] 28/10/2016 15:39

So PM's up quite strongly at the moment and HOC still red! Hmm.... possibly a pesky seller still around! Hopefully next week will be more POSITIVE for HOC.

[charles clore] 28/10/2016 14:13

Celeritas - I agree, I agree.

[celeritas] 28/10/2016 14:12

No-one believes much the fed say, what is for real is the amount of paper printing thats gone on and is still going on.

[juju44] 28/10/2016 13:59

Off course these GDP numbers were going to be excellent . Everything has to be kept in line for a Hilliary victory

[dt1010] 28/10/2016 13:55

I hope if Clinton wins there is a people's revolution in the US.

[onedayrodders] 28/10/2016 13:54

but lets hop they are not right about smashing PM's

[onedayrodders] 28/10/2016 13:53

KWN called it right

Third Quarter GDP Jumps 2.9% On Rise In Inventory And Exports, Offset By Weak Consumption And Investment

Anyone surprised

[charles clore] 28/10/2016 12:19

The markets dance to the Fed's tune and that won't change without a revolution because they own the markets.

[onedayrodders] 28/10/2016 11:54

True H .. but just shows how amazingly thick the US market is

[hectorp] 28/10/2016 11:44

0830 Eastern Time whatever that is.. 1.30 her probably unless the clocks are different just now

[revell40] 28/10/2016 11:21

What time are the US figures due out U.K. Time

[hectorp] 28/10/2016 11:17

I agree Rodders , but this must be the only example of the boy crying " wolf" more than twice and getting away with it.
They have shouted wolf around 2 dozen times.
Each time the markets PRETEND to hear it - because all sides of the " market" are in the loop. And that, is a key issue. Only gold is outside that loop. And pretending to hear the fed should wolf, is damaging to gold company share advancement.
BUT they wont be shouting wolf any time longer. Well, assuming a December mini-hike .. which may not come . THis afternoon's US figures will be very telling but as they are rigged .. well.. I've said all I can at the moment.

[onedayrodders] 28/10/2016 10:29

H ... The FED don't have to be a major player, they just need to open their mouth. The regular timed FED hawkish comments throughout this year have shown time and time again they can jawbone the price of PM's whenever they choose.

Whenever gold starts to firm, .. some FED spokesman's pager will vibrate and he will be instructed to say ... "The market is discounting a possible Interest Rate rise" or "There could be 2 hikes before then end of the year" and gold and silver are immediately thumped.

ODR

[hectorp] 28/10/2016 10:13

Rodders, so why does he highlight and shout his position , the day before?
Also how do the FED " smash gold" the FED are hardly the main player of the world's gold and markets. silver, certainly possible with silver. Soros, is probably " involved" in King World News, in some way. Lastly, KWN, itself, says there will be no rate hike. So how do we square that circle? If gold falls today Friday, by say 30 dollars, than I will have to admit, the Greek guys is right. But I won't be here to see it as I am travelling north. I suggest the USD is more likely to drift soon.

SG - your big chart: the key to your silver fall would be what gold does next. Your chart is interesting to me as much in what it doesnt tell you. My take is 2016 on your gold chart is still in a bull market RELATIVE to the previous 4 bear bears. I'd take the 5 year chart as one unit. Looking at it like that I'd be very bullish of gold for the next few months. The " correction" of late 2016 is only that. Same should apply to silver but, I am, still a bit wary of silver trading wise. I enjoyed the chart though!
PS I've no trading positions at present, but do hold some HOC.
H.

[juju44] 28/10/2016 10:00

That could make it party time over for here

[onedayrodders] 28/10/2016 09:29

You have to say this would make sense

[celeritas] 28/10/2016 09:21

Tea leaves.
Hoc have learnt to cut costs substantially making it a very low cost pm miner.
Debt is being reduced at a huge rate which becomes self feeding as interest will reduce further saving costs.

[dt1010] 28/10/2016 07:21

SG is a great hindsight trader lol

[lauders] 28/10/2016 02:43

SG - Out of interest where do you think on the charting side that HOC will be a "buy" in your book? I am no chartist but the May/June area looks very similar to the July/November pattern (just much longer duration of 1 month compared to 5 months!) and it looks like the upside is more likely than downside. Everything is hinging on where we go on the breakout from the wedge shown, and discussed before. Up or down? You seem to favour down others seem to favour up. All I know is that you or they are correct, but I hope, with respect, it is not you ;-)

[saturdaygirl] 27/10/2016 22:04

CC

I post what i think may happen and own no shares here since £3.00 .

Lets see what happens ?

[charles clore] 27/10/2016 21:05

SG - don't hold your breath lol

[saturdaygirl] 27/10/2016 20:05

Simon

This explains why i posted a chart yesterday on the Silver thread with a $16 price tag



Nice chart note the 61.8% retracement as well that you could compare with my effort last nite .Sorry its so large but you guys need to be aware i may get my £2.00 target . .



Oh and the Silver chart