Hochschild Mining Share Discussion Threads

[saturdaygirl] 14/12/2016 14:57

golden

Chart looks better on the long term weekly , with MACD converging and Stoch crossing through the 20 value


free stock charts from uk.advfn.com


If this is to be lift off or a re-run of 2016 who will be the biggest risers ?

AAZ SOLG HOC HGM

Suggestions please ?

[goldenshare888] 14/12/2016 14:41

Much, much higher PM prices coming very soon me thinks.

:))

[onedayrodders] 14/12/2016 14:13

shakey ..and 9/10 times its always the Nymex session

[lauders] 14/12/2016 13:51

But at the moment it doesn't seem to be working! They are bouncing back and HOC too :-) Whether it will continue once Yellen has yelled is a completely different matter!

[charles clore] 14/12/2016 10:56

But ODR - it's $17 already¬!

Edit: WAS until they dumped a few more million ounces of paper... makes me think the forthcoming FED news will be good for PMs

[onedayrodders] 14/12/2016 10:17

$17 for POS seems to be a strong magnet currently despite the bash down attempts.

:O)

[daybreakers] 14/12/2016 10:02

I have cash to spend but nowhere I fancy putting it at the moment, not until Fed speech.

Will PM's slide further tomorrow (probably), or is the hike already priced in because everyone are expecting it.

My watch list which I think is quite toppy and expecting a pull back :-

VED, EVR, KAZ, GLEN

Watching for the right entry:-

HOC, POLY, RRS, FRES, ACA.


I'm going out to stop me buying anything out of boredom.

[goldenshare888] 14/12/2016 09:55

:)

It is easier to fool people than convinve them they have been fooled.

Mark Twain I think.

Sums up fractional reserve/fiat money environment perfectly I feel!

LOL

:))

[lauders] 14/12/2016 09:53

Perhaps whichever way it goes we will get some upside here? At the moment it is all based on uncertainty and HOC has been holding fairly steady for the last few days. Once the decision is ACTUALLY fact then hopefully we can just move on. Now if HOC can just announce a new discovery or such-like that would just about be perfect timing ;-)

[charles clore] 14/12/2016 09:28

I am surprised that anyone believes FED lies any more to be quite honest.

[dstorey1] 14/12/2016 09:23

Given US debt levels and opaqueness of economic figures I would favour rates being held with Fed sighting new economic/financial environment post Obama. One major consequence should they hold is that US equity markets will rise further into bubble making the eventual pop a bang.

[dt1010] 14/12/2016 09:00

Rate hike yes 25 basis points I reckon.

Its what they say about next year in terms of approach to hiking rates that counts.

They will be careful what they say (hike them in a measured way etc) so as not to deflate the bond market too fast).

[shakeypremis] 14/12/2016 08:33

Rate hike today, yes or no? I really don't know, I am going to stick my neck out and say no.

[topicel] 14/12/2016 08:06

Stevea, I'm reminded of dot.com mania and the euphoria around 1999/00 and all that Y2k concerns that simply evaporated on January 1st when nothing untoward happened.

This time in reverse?

I tend to agree that a massive pull back is as likely now as it was then. The main index was similarly impacted, I think we were touching 7,000 FTSE for instance and we didn't see it again for over a decade...

So yes, DOW most likely to severely retreat on hike and dot plot news, but from the Feds point of view from a higher base than prior to Trump so the damage is contained. Just, as ever, the speculators will get burnt.

If that has been the play then of course PMs are allowed to rebalance back to pre-Trump levels too and we all await January 21 and a new era! In other words, as you were.

Or not. Lol.

Topicel

[jimbowen30] 13/12/2016 21:57

The case for gold....

[stevea171] 13/12/2016 20:29

After all this Wall St hype we likely get 20,000 Dow. Then what?

Probably 10,000 before 21,000 or 30,000 Dow ....

[onedayrodders] 13/12/2016 16:35

no doubt in my mind PM's are not enjoying DOW strength
as soon as that spikes up on the open .. PM's weaken

I really hope that head fake comes to an end soon

[stevea171] 13/12/2016 15:54

Topicel. It's hard to read much into what may be just a one day blip. Plenty of buyers to match plenty of sellers (or just 1 main buyer as price went up 10p). Who knows unless there is a holdings change RNS?

Today the volume is likely to finish up over 3 million (2.8 million currently) which again is in the top of the range category.

[topicel] 13/12/2016 15:37

Stevea, and again that high was probably post-Brexit?

If that volume has been exceeded it must really augur well for HOC.

Topicel

[topicel] 13/12/2016 15:35

A paper dump this afternoon guys? Seems rather dramatic to be an orderly market correction without some assistance...

Back up again would still show underlying strength but boy is it tiresome,,which is the point I suppose?

Reversal after London closes in PM prices no doubt.

Topicel

[stevea171] 13/12/2016 11:51

Huge volume here yesterday - 5.3 million. This compares with the previous high for the past 12 months of 4 million back in June.

[rhuvaal2] 13/12/2016 11:14

Every now and then there comes a time when Joe Bloggs & his Mrs the world over decide the time is right to buy a few coins for the grandchildren and they now have a spare few bob to fill that little leather bag. Chinese and Indians know the drill.

Last time it happened Eddie George confirmed "it was impossible to keep gold and silver down"

[onedayrodders] 13/12/2016 10:10

no one goes to prison even if the fines are a $billion