Hochschild Mining Share Discussion Threads

[dt1010] 05/12/2016 11:56

Gold might HAVE to drop to $1000 region to make its 'bargain value' obvious enough.
Or even lower dare I say.

[edjge2] 05/12/2016 11:04

interesting savage observation miners and gold

[edjge2] 05/12/2016 10:11

Quite a difference on shanghai gold to here. Guess dollar run is automatic. Just shows how strong sentiment against gold is. @ 1.27 dstorey is buy. FED rate decision coming, have a feeling gold will be up whichever they do. Counterintuitive, but that is these markets. Logic will out in the end but waiting for it.
Someone mentioned AAZ, looked like completion of H&S there last week.

[gaaston] 05/12/2016 10:11

I think the next stage comes when Joe Bloggs everywhere sees no point in putting his cash into equities, already far too high P/E's + no growth nor much divi, and buys a gold coin or two: en masse that overwhelms the central banks as admitted by Eddie George some time ago.

[dstorey1] 05/12/2016 10:00

Happy to pick up another 150 g of gold and 1000 g of silver, physical and in my possession:)

[topicel] 05/12/2016 09:49

The point is though stevea171, we have no control over this and no real idea that it will end or be an advantage to be in anything related to PMs if it is being manipulated.

We could just be sitting on a live bomb...

Topicel

[stevea171] 05/12/2016 09:31

Counter intuitive action in stocks and gold as we see all the time with everything manipulated and no markets any more, as well said by Jim Sinclair yesterday.

Italian MIB stock index up 248 at 9am after being down 286 on open.

Gold down $15 after being up $10 on the exit polls forecast for a 'no' vote last night.

[gaaston] 05/12/2016 09:28

Desperation by the money authorities to keep PM's down = to show all is well and normal.

[gersemi] 05/12/2016 09:26

Central Banks and other PM speculators understand the importance of gold as 'the canary in the mine' and so they're working furiously to suppress gold from emitting that signal of fear to the wider market..in that context and quite perversely a falling gold price may indicate increased fear as a result of greater CB intervention..of course I could be way off the mark with this analysis

[dstorey1] 05/12/2016 09:17

The catalyst(s) will be something that initially is perceived as being of little concern but then......

[dt1010] 05/12/2016 09:09

It's not this one that will. It's Le Pen getting in that will. And Italy voting out. But no doubt you'll come out on top with your hindsight trading juju ROFL

[juju44] 05/12/2016 08:45

Yep this vote sure has shaken the markets to the core

[dt1010] 05/12/2016 08:24

The time is well over due for ordinary working people to take back control from the elite who've run central banks for the benefit only of the asset owners.

This is Europe's opportunity to smash the wasteful and corrupt bureaucrats in Brussels.

Europe is going to break up completely and with it will come the biggest banking collapse in financial history.

All assets are massively artificially overpriced thanks to QE apart from precious metals.

Those who think they are 'wealthy' with housing equity are in for a very rude shock.

[stevea171] 05/12/2016 07:44

Big boost for Five Star opposition
Posted at 6:14

The big winner of the night was the anti-establishment Five Star Movement of blogger Beppe Grillo.

Five Star Movement capitalised on Mr Renzi's declining popularity, years of economic stagnation, and the problems caused by tens of thousands of migrants arriving in Italy from Africa.

Beppe Grillo, who called for an election "within a week", tweeted after the result:

"A lesson for everyone: you can't lie to the people forever without suffering consequences."

[spagnolia] 04/12/2016 23:27

Renzi Resigns!!

[pixi] 04/12/2016 23:26

Renzi has gone: look at gold, silver and FX EURUSD.

BBC News: Big win for No.

[february 30th] 04/12/2016 22:31

La Stampa saying that Renzi has resigned - but my Italian is non-existent.

[dstorey1] 04/12/2016 22:31

Will wait for official result with Renzi making statement 23:00 GMT. Hopefully exit polls are right and the death spiral of EU can commence. Will be watching futures:)

[stevea171] 04/12/2016 22:22

ODR. BBC take:

Italy PM 'set for referendum loss'

Italian Prime Minister Matteo Renzi has suffered a heavy defeat in a referendum over his plan to reform the constitution, exit polls suggest.

An exit poll on television station RAI, suggest those voting to back the reform at 42-46%, compared with 54-58% voting No.

The referendum was regarded as a barometer of anti-establishment sentiment in Europe.

Mr Renzi will make a statement at midnight (23:00 GMT).