Hochschild Mining Share Discussion Threads

[stevea171] 31/1/2017 14:55

It seems someone has been unloading around 239p for some hours. When this iceberg is cleared the share price will be freed to move up past this 240p road block ....

Silver being capped at $17.50 now. The Cartel like these dollar and half dollar numbers to hang their suppression on .....

[onedayrodders] 31/1/2017 14:28

99 Handle on the US Andrex helps too

USD INDEX
99.98
Change
-0.39

[onedayrodders] 31/1/2017 14:26

yes v nice action an intra day pennants !

[stevea171] 31/1/2017 14:24

Both gold and silver looking as though they want to go even higher. Silver leading gold at the moment.

Gold needs to get through $1220 next.

[goldenshare888] 31/1/2017 14:11

Yes DT, you were a little "optimistic" with that call!

LOL

NB. Know you to be long and just wanting even more cheaper!

The train is leaving the station.........

:))

[dt1010] 31/1/2017 14:08

Top lol shakey 'twas me. It was wishful thinking perhaps based on wanting to deploy dry powder. Bought Fres at 1400

[topicel] 31/1/2017 13:57

Lol Shakey, DT did suggest 15 bucks, but then again he does vacillate somewhat!

Topicel

[onedayrodders] 31/1/2017 13:36

another good call CC

;o)

[onedayrodders] 31/1/2017 13:16

lets see what the Nymex boys want to do with it

[charles clore] 31/1/2017 13:07

The intraday chart looks like it is doing one of those squiggles that happens just before a leg up

[stevea171] 31/1/2017 13:04

John Embry:

"8.6 Million Ounces Of Paper Gold Longs Just Blew Up!

However, there was a bright side to the equation and that was the startling drop in gold open interest on the Comex. The open interest decline for the last three days of last week was a jaw-dropping 86,000 contracts, representing over 8.6 million ounces of gold! I don’t think I have ever seen a decline of that magnitude in such a short period of time.

This sets gold up for another upside surge in the upcoming period. This will be a move that is more than justified given the inflation that is beginning to rear its ugly head globally as well as the remarkable undervaluation in the gold market that currently exists. If gold had just kept up with inflation over the past several decades it would be trading in excess of $3,000. And with the prospects of a global hyperinflation increasing by the day, the upside potential for gold boggles the mind.

In a related movement, the relentless move toward a cashless society in the world, an undertaking continually promoted by the world’s elites, makes gold and silver even more valuable as an alternative."

[goldenshare888] 31/1/2017 12:37

I target 550/560p within next 4 months!

I have backed up the truck and am ALL in for the ride now!

:))

[goldenshare888] 31/1/2017 12:36

They will get crushed if short, by the weight of physical take off going east!!

:))

[breaktwister] 31/1/2017 12:33

If we can break 240 and hold this week it will be very strong evidence of trend reversal from the Aug 2016 slide. In this case next stop 300p. Could it possibly be real that the bankster price suppressionists are folding?

[shakeypremis] 31/1/2017 12:32

DT, was it not you who said that silver had to go down to about $15 or something first? I apologise if it wasn't.

[dt1010] 31/1/2017 12:30

Knew this was coming and am positioned accordingly

[charles clore] 31/1/2017 12:28

WHOOSH!!!!

[hectorp] 31/1/2017 12:20

It sure is..
Also Trump guy said the Euro is too cheap.. ( Vanunu's comment on AG thread)

[onedayrodders] 31/1/2017 12:14

interesting angle CC

[charles clore] 31/1/2017 12:13

H - just joined you for another wedge at 235. The strength silver is demonstrating during CNY does make me wonder if it is the Chinese holding prices down and not COMEX / LBMA

[onedayrodders] 31/1/2017 12:09

agreed breakwister ... been very surprised in the stability and during the Shanghai closure. And a couple of big spikes as well.

Could be a short term bear trap for traders in Silver.

Anyway I've seen enough to put my trading tranche back in.

ODR

[stevea171] 31/1/2017 12:05

Yes, silver breaking out $17.40.

[ifthecapfits] 31/1/2017 12:04

wow. whats caused that then?

[breaktwister] 31/1/2017 12:03

Wow somebody just strapped a rocket onto the PMs as I was typing the last post. Good job I got my latest bet on before the noon auction period. I expect a gap up.