Hochschild Mining Share Discussion Threads

[jimbowen30] 28/12/2016 12:17

So much bearish sentiment towards Precious metals, so I'm not surprised to see miners up strongly today. Some silver miners in North America were up over 10% last night. I wouldn't be surprised to see a continued strong bounce from these over sold levels.

[stevea171] 28/12/2016 12:13

DD. There's been a 10% premium for silver at the SGE over London/Comex for all/most of December. Currently $1.55 (10%). This is one reason why the cartel is currently unable to smash silver to the same extent they have been smashing gold.

This 10% premium for silver is way above the percentage premium for gold and could potentially be arbitraged by those with the necessary contacts/logistics.

[pixi] 28/12/2016 12:11

I'm up £5K today and this is just the very beginning of the biggest bull market in gold and silver that the world has ever seen. The American market with the $ at a 14 year high is about to roll over and crash and I can see them all diving back into gold and silver for safety to avoid financial disaster. This is likely to be the biggest transfer of wealth the world has ever seen. I've loaded up my wagon until the springs are sitting on the axel and I cannot get anymore in.

HOC has lead the charge +6%, followed by FRES +3.7%, CEY +3.9%, HGM +3.3%, AAZ + 1.78%, SOLG and GEO. This is just the beginning. The worm is turning.

[dilbert dogbreadth] 28/12/2016 11:54

Charles I posted before on the chip thread that Jim Sinclair reckons you need a 50 dollar difference to make the arbitrage workable. Didn't go into details

[charles clore] 28/12/2016 11:45

All I can say is with the West to East Arbitrage at $22 gold and $1.4 silver in theory there has to be someone making a fortune somewere.

[goldenshare888] 28/12/2016 11:40

PM miners may ignore any further minor downward manipulation of paper prices.

I think the bottom is in for the miners even if paper GOLD goes to $1100, which could happen of course with enough manipulation.

I feel the probability is now heavily skewed to higher PM prices in 2017.

:))

[juju44] 28/12/2016 11:10

down with the metals again so HOC to lead the retreat ?

[goldenshare888] 28/12/2016 10:41

:)))

pixi, we ain't seen anything yet!! Your cup may be solid GOLD in 2017 !

:))))))

[pixi] 28/12/2016 10:33

What a start to a new day on gold and silver miners with HOC leading the CHARGE. My cup runneth over!

[charles clore] 28/12/2016 10:09

It's ok to say 'don't buy until the stoch turns up from below 20 but if nobody buys it won't turn up. So what has to give first?

[goldenshare888] 28/12/2016 10:03

where are all the doomsayers, chartists and 150p callers???

LOL

:))

[goldenshare888] 28/12/2016 09:41

8.6%

Fireworks in January!

Targeting 282p for me, could happen in first week of January!!


:)))

[goldenshare888] 28/12/2016 09:39

UP 8.1%

This one really moves quickly and those waiting for 'the charts' have missed the boat again!

200p breached and bringing my 282p target into sight.

:)))

[stevea171] 28/12/2016 09:38

GS. The PM market will bounce when it's ready and overwhelm the Central Banks. The lows could be in already but too early to say for sure.

At some point soon the institutions will start to look ahead to 2017 and a reshuffle of portfolios. Stocks that have done well in 2016 are likely fully valued so some of them will be thrown out and replaced by undervalued ones like HOC and FRES which have the potential to at least double next year.

New trends will appear and what happened in 2016 will be forgotten ....

The market does not telegraph tops or bottoms it is for investors to make their own judgements ...

[edjge2] 28/12/2016 09:12

Real shenanigans to come next year. Rate hike priced in or not, actually happens, US market reverts to mean.

[goldenshare888] 28/12/2016 08:28

Exactly stevia, I expect HOC to provide me with a 50% gain in the next 30 days and possibly much sooner!

188p - 282p target = 50% GAIN!

:))

[stevea171] 28/12/2016 08:25

All the gold/silver miners on my watch list are up so far this morning led by:
HOC +6% and not far behind
FRES +3.3%.

The PM's and miners are like coiled springs that have been forced back to their maxes. When this artificial pressure is relaxed the springs will rebound with incredible force ....

[goldenshare888] 28/12/2016 08:25

200p level in sight!

:))

[goldenshare888] 28/12/2016 08:23

5.4% UP and double digit gain in 20 minutes!

[goldenshare888] 28/12/2016 08:13

5% UP

HOC way oversold as I thought and due a juicy corrective bounce!

225p?

[goldenshare888] 28/12/2016 08:12

UP 4.8% so far today and the chart/stoch says not worth buying!!!

What a croc the stats are and best ignored as I thought!

LOL

[goldenshare888] 28/12/2016 08:09

Those pesky charts, it's going the wrong way: UP

188p BUY today could look VERY shrewd soon!

LOL

[goldenshare888] 28/12/2016 08:04

Thank the lord for charts!

IF they can predict the future (LOL),from now on, I will only ever make money and never lose!

What utter BS and as helpful as any other post!

LOL

[edjge2] 28/12/2016 08:04

SG should have listened to you! Sentiment going down then? Meteoric rise to come sometime. Strong dollar, higher interest rates can't seem to benefit USA in my mind.

[risa5] 28/12/2016 03:03

Unlike some well known rampers with useless posts stevea171 posts are good and informative.