Hochschild Mining Share Discussion Threads

[dt1010] 04/1/2017 06:20

Silver's chart:



Upside down head & shoulders catapulted silver above its downtrend line & into the 20 DMA today. Ought to rally nearly to the neckline at 1725¢.

- The MoneyChanger.

[dt1010] 04/1/2017 06:11

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[topicel] 03/1/2017 20:52

We know his view Hectcorp. I posted enough links pre-Xmas and elaborates, p otificated even, on the obvious gold shine within his admin, from financial backers like Mercer to his VP pick Pence down to his likely Yellen replacement, advisor Dr. Shelton...

They will find a way - IMHO alongside a devaluation - to re-link gold and/or silver to the dollar and other financial instruments like Treasury Notes to ensure infrastructure and tax cut programmes can be carried through. I also expect them to devalue the dollar to make them competitive again whether the Chinese et al like it or not.

Currency war it is. Let's hope the generals aren't needed further down the line, eh?!

Topicel

[hectorp] 03/1/2017 19:30

This will prove an interesting year!

Good start.. Our real battle is not with the soil or the digging , or the terrain
or the Mexicans or whatever, it is with the US dollar and the perception of it.
But if it does even better then production at HOC is even less expensive.
HOC - is hedged in itself, to the balance of the dollar value/Peso, to the silver value in same dollars,
and of course not only HOC. On balance we don't need a stronger dollar but neither do the Republican Government /Trump.
When we can tell his view on the dollar it will be.. very useful.

[blueball] 03/1/2017 18:29

stay long.

[dt1010] 03/1/2017 18:28

lol SG, I wish!

Nice recovery today. A show of strength!

Fres performing well too. PAF offered a nice buying opp on a back test today too.

[saturdaygirl] 03/1/2017 18:27

Once again the GDX rises to the top rail with a following Stoch rising thru the 20 value

Will this be the real deal ?


free stock charts from uk.advfn.com

[scottishfield] 03/1/2017 18:14

Up tomorrow, along with other PM's imo (well, depends a bit on Silver & gold price of course, but v positive today)

[goldenshare888] 03/1/2017 18:10

and Eduardo HOC @ c 54% !!

I could be in fourth place! LOL

:))

In my Christmas card from Eduardo it said he was not selling under 700p and is hoping for 1500p!

LOL

:))

[saturdaygirl] 03/1/2017 18:05

Only DT holds more !

[blueball] 03/1/2017 17:45

Hope people bought @200p today what a turn-around.

[onedayrodders] 03/1/2017 17:23

I stand corrected Friendzarin

:O)

[friendzarin] 03/1/2017 17:05

o d r
just a point of order ;) Tonto's horse was Scout. The Masked Man on the other hand rode our favourite beast with the metal name.

[charles clore] 03/1/2017 16:53

Rank Country/Organization Gold holdings
(in tonnes) Gold's share of
forex reserves
1 United States 8,133.5 76%
2 Germany 3,377.9 70%
3 International Monetary Fund 2,814.0 N.A.
4 Italy 2,451.8 69%
5 France 2,435.8 65%
6 China 1,838.5 2%
7 Russia 1,542.7 16%
8 Switzerland 1,040.0 6%
9 Japan 765.2 3%
10 Netherlands 612.5 65%
11 India 557.8 6%
12 Logo European Central Bank.svg European Central Bank 504.8 28%
13 Turkey[14] 442.1 16%
14 Taiwan 423.6 4%
15 Portugal 382.5 62%
16 Saudi Arabia 322.9 2%
17 United Kingdom 310.3 9%
18 Lebanon 286.8 24%
19 Spain 281.6 18%
20 Austria 280.0 45%
21 Kazakhstan 248.2 34%
22 Belgium 227.4 38%
23 Philippines 196.2 10%
24 Venezuela 188.8 64%
25 Algeria 173.6 5%
26 Thailand 152.4 4%
27 Singapore 127.4 2%
28 Sweden 125.7 9%
29 South Africa 125.3 11%
30 Mexico 120.9 3%
31 Libya 116.6 6%
32 Greece 112.7 63%
33 South Korea 104.4 1%
34 Bank for International Settlements 104.0 N.A.
35 Romania 103.7 11%
36 Poland 102.9 4%
37 Iraq 89.8 7%
38 Australia 79.9 7%
39 Kuwait 79.0 10%
40 Indonesia 78.1 3%
- Total for the Top 40 31,461.3

[stevea171] 03/1/2017 16:43

HUGE ACCUMULATION OF GOLD EQUAL TO 31 TONNES BY JPMORGAN WHICH GOES ALONG WITH ITS 550 MILLION OZ OF SILVER: Harvey Organ PREDICTS END GAME!

JP MORGAN GOBBLES UP A MINIMUM OF OVER 31 TONS (POSSIBLY UP TO 186 TONS!) OF PHYSICAL GOLD! Avery Goodman

Back in August 2015, I noted that Goldman Sachs and HSBC had taken delivery of a huge tonnage of physical gold, probably purchased near the lows. Physical bars of gold are, by definition, a very long term investment in the yellow metal. At the time, the two banks were telling clients and others not to buy gold, even as they were loading up on it, themselves.

Let’s fast forward…

Starting in December 2015, JP Morgan began buying tremendous quantities of physical gold, as opposed to paper/electronic gold futures, forwards, ETF certificates etc. From December 1, 2015 to December 29, 2016, the big bank purchased and took physical delivery of over 31 metric tonnes worth of bars of the yellow metal for its house account at COMEX alone.

In other words, it now has a physical gold pile which, at minimum, is worth over $1.1 billion at $1,140 per troy ounce, and it is an asset of the corporate bank. By May, 2016, unlike the actions of GS and HSBC in buying while advising clients to sell, analysts at JP Morgan were beginning to encourage customers to buy gold also.

Let me repeat that the enormous purchase of 31+ tonnes of traceable physical gold occurred at New York’s COMEX exchange. The so-called “OTC” gold market in London is five times larger than the gold market in New York City, and if they were buying at COMEX, they were probably buying in London also. The problem with London is that the “LBMA” is not a formal exchange with disclosure rules and regulatory oversight. It is simply an informal collection of banks who operate by agreeing to a common set of rules of engagement. Transactions are secret.

We will never know how much physical gold has been purchased in London by JP Morgan, HSBC, Goldman Sachs or anyone else. However, if JPM’s purchases happen to be synchronized to market size, with New York’s COMEX, they will have purchased another 155 metric tons, for a total of 186 tonnes of gold. Either way, JPM is now in the realm of a sovereign sized gold holding. Most countries hold less than 31 tonnes of gold. Only a handful own more than 186 tonnes.

hxxp://averybgoodman.com/myblog/

[charles clore] 03/1/2017 16:37

Can't believe silver is up by over 2% yet HOC has only just kept its head above water! Watch the likes of first majestic rocket after the london close.

[onedayrodders] 03/1/2017 16:23

and during NYMEX session !

Maybe I should calm down as that session is not over yet !

[stevea171] 03/1/2017 16:16

ODR. High, Ho, Silver! ??? :)

[topicel] 03/1/2017 16:00

Lol, something about silver getting a giddy-up? As GS says, this must explode soon and as Stevea also reminds us, the macro reasons are almost secondary to the HOC profits and future that will propel the price back towards pre-Trump figures.

I'm just sorry for the many who got stopped out by these banksters manipulating the way things went when Killary lost. Many won't have the nerve to get back in until it becomes too obvious that they've decided fixing PM prices is soon coming to an end.

At least to the downside. Ha ha.

Topicel

[stevea171] 03/1/2017 15:56

So electronic Bitcoin is worth $1000 and gold with costs for discovery, development, production, etc is worth £1150? Something is radically wrong here ....

Bitcoin Breaks $1,000 On the First Day of 2017
January 2, 2017

In the first hours of 2017, bitcoin has surpassed the $1,000 USD mark.

[onedayrodders] 03/1/2017 15:49

Anyone remember what Tonto said to his horse regularly ?

[goldenshare888] 03/1/2017 14:52

This is going to explode upwards at some point soon!

:)))

[charles clore] 03/1/2017 11:40

This just HAS to rise now... I hope! Come on PMs - push!