Hochschild Mining Share Discussion Threads

[onedayrodders] 04/12/2016 22:17

INDEPENDENT Italy referendum: Exit poll results suggest clear victory for 'No'
Alexandra Sims 1 minute ago1 comment !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

CMON !!!!!!

[juju44] 04/12/2016 22:10

Renzi speaks in an hour so he has lost

[onedayrodders] 04/12/2016 22:09

Worrying

The turnout has been very high by Italian standards - about 60% on average.
Nearly two-thirds of the electorate has voted in prosperous northern Italy but the turnout was much lower in the south.

[onedayrodders] 04/12/2016 21:25

Italian referendum: Markets and Renzi braced for a No vote

Harry Yorke
4 DECEMBER 2016 • 9:07PM
Europe holds its breath as Italy heads to the polls for critical referendum
Prime Minister Matteo Renzi promised to resign if voters reject his proposed electoral reforms
Markets are braced for a No vote in the Italian referendum tonight, as plans to save the banks rest on political stability
The latest polls before the vote indicate he is on track to lose

[hectorp] 04/12/2016 20:02

The Italian one is ten times more important though. :-)

[onedayrodders] 04/12/2016 16:41

oh dear ..one down one to go

[dt1010] 04/12/2016 16:38

Far-right candidate Norbert Hofer has lost Austria's presidential election.
His campaign manager said he had conceded victory to independent candidate, Alexander Van der Bellen.
The Austrian presidency is largely ceremonial but the vote had been seen as a sign of how well populist candidates might do in upcoming elections in the European Union.
The result is sure to be welcomed by establishment parties and officials in the EU.
The election was a re-run of May's poll which suffered irregularities.
Former Green Party head Mr Van der Bellen had a clear lead, according to projections.
France, the Netherlands and Germany all face elections next year in which anti-mainstream and anti-immigration parties are gaining ground.
Mr Hofer had campaigned on an anti-immigration platform amid disquiet in Austria at an influx of refugees.
He had also suggested Austria could follow Britain's vote to leave the EU with a referendum of its own but later appeared to row back, suggesting changing the bloc into a purely economic association.

bbc

[hectorp] 04/12/2016 14:53

Jim Sincliar..." but there are NO markets now... just computers running algos.
No-one on the trading floor". So no genuine " market makers" which means nothing can with certainty be valued. We here see it all the time in PM's.
Jim S talked yesterday to Greg Hunter.
However ! this infers gold could spike way down - but then spike up - one day $500, two days later, $3000. I have made a very long term note " do not sell PM's at lows! "

[friendzarin] 03/12/2016 21:27

Echo Gaastons comments Stevea. It's obvious that Hoc is buffeted by P M movement but it's good to have your commentary on aspects that directly impact the fundamentals.

[saturdaygirl] 03/12/2016 20:28

I have to agree pull back from August with the charts starting to reload , I see AAZ took off on Friday .

[stevea171] 03/12/2016 20:24

Gaaston. Gracias! Surely not!??!

I think this artificial pull back since mid August is ending around here (like others here as well) and we should see a return to better times for HOC, FRES, and the PM miners generally if gold and silver can bust through the forces that have been to the fore and causing this retrace.

There are a number of catalysts coming up with the Italian referendum tomorrow being the first.

I see Deutsche Bank has been fined $60 million for gold price manipulation to go with the $38 million fine paid for silver price manipulation a while ago. Of course, this is mere peanuts and a cost of these Bullion Banks to do business in the PM space.
As usual no one goes to jail ...

[gaaston] 03/12/2016 19:39

Stevea171 ~ very good to see you posting here again: we have missed you :)

[maximoney1] 03/12/2016 19:25

cheers DT1010.

I've got a feeling there might be a short respite for the metals, but they will thereafter resume the downtrend, but only up till late february, where we should put in thee bottom......happy days after that...imo.

[goldenshare888] 03/12/2016 10:31

Good advice DT.

I believe 100% that the most powerful wave of the PM bull run is ahead of us!

New highs beckon and I think DT may well be right about this bottom being a great buying opportunity and potentialy the last one before GOLD & SILVER take off to new highs.

Good luck everyone.

[dt1010] 03/12/2016 07:20

There have been many well documented cases of SB companies spiking down (and up) out of nowehere to take stops out. I never traded FX only equities and indices. Indices trading is pure gambling, I admit that. But I know what happened to me was robbery and the SB index move wasn't recorded on the exchange.

[saturdaygirl] 02/12/2016 23:36

Yes but with a few bumps between now and early Jan 17 ..

[saturdaygirl] 02/12/2016 22:22

DT 180

The Weekly Fast Stoch is looking better and heading for the 20 value and most positive since August .. But i know charts are hopeless and no guide to those so blind they cannot see !


free stock charts from uk.advfn.com

Edit

This upsurge is a few weeks early so expect some bumps along the bottom till early Jan .

[dt1010] 02/12/2016 22:09

The bounce may already have started Top.

And by the way. I wouldn't fret over not taking the profit. We've all done that. Watched it evaporate. It's part of the journey you take owning stocks.

This is a great article, very well worth a read:

[topicel] 02/12/2016 21:40

The tax 'worry' is good advice DT.

I now live in France and soon after arriving I was up a multi-bagger on a couple of shares, profits over £50k and decided not to take it as I didn't want to bother the tax authorities...lol.

Six months later, said profits had gone and the problem wasn't mine anymore.

I sure wish I'd declared and just paid the 33% or so punitive rate. I could say the same situation nearly existed in HOC though, couldn't I? But not now although the signs are better that we may rebound soon.

Topicel

[dt1010] 02/12/2016 19:19

It is the reason I bought silver for a long term hold.
I did own a lot of gold for years (for me) but apart from some bought recently I sold it all.
I do want to buy some more again. But to be honest the gearing in the miners is more attractive to me than hold a lot of gold.

Lets be honest. The debt governments have is never going to be paid back, it is a mathematical impossibility. So they will securitise it against real assets. There is no better security than gold. The price will I think eventually go to $10,000 an ounce.

It doesn't matter how much gold the US has either. However much they have, each dollar of debt will become worth a certain amount of gold.

Russia is buying all the gold it's country produces. They know the dollar has a limited life in its present form. National wealth will in the future be measured in weight of gold held by central banks - the UK should start rebuilding its gold holdings.

Today I believe today offers the best opportunity to buy miners since January this year.