Hochschild Mining Share Discussion Threads

[stevea171] 18/5/2017 09:01

obbig. Cartel hopes that a take down of one will lead to poor sentiment for the other.

Plenty of HOC buyers on the sidelines waiting for a retrace before stepping in.

[norman the doorman] 18/5/2017 09:00

US Dollar tank says it all. 2% on USD/JPY was a huge move yesterday. If it continues to fall today there will be a very positive reaction here.

[dt1010] 18/5/2017 08:58

Silver saw some shorting $17

Gold remains on the defence.

Both are set to soar in the coming 6 months.

I am adding on the dips.

Enjoy the ride.

[obbig60] 18/5/2017 08:46

Strange that the silver price has been hammered down but little change (so far )
on gold?

[richkid71] 18/5/2017 07:25

USDJPY making up for loss ground from yesterday I see. Of course silver and gold down. Don't think we shall be seeing any sea of blue on metals today.

[stevea171] 17/5/2017 20:06

Paper Vs. Physical: The Amazing Amount Of Leverage In The Silver Market
May 17, 2017 11:47 AM

By multiplying the 159 billion ounces of paper silver traded in 2016 by the average spot price of $17.14, we arrive at a staggering $2.27 trillion of notional paper silver traded versus $4.4 billion actual silver investment. Thus, the paper notional silver trading ratio to physical silver investment was a whopping 517 to 1… double the 233/1 for gold.

Now, this 517/1 notional paper trading ratio to physical silver investment in 2016 does not take into account any of the huge OTC market where a lot of silver is traded and there are no quantifiable statistics to the amount or degree.

Currently, the crypto-currencies are experiencing huge gains over the past several months. It doesn’t matter if an individual agrees with owning Bitcoin or one of the many crypto-currencies, the important thing to understand is that the tremendous price increases in many crypto-currencies are likely due to concern to the massive amount of Central Bank $1 trillion in asset purchases in the first four months of the year.

Furthermore, crypto-currencies are a likely a GOOD INDICATOR of what will take place in the gold and silver market when investors realize most STOCKS, BONDS and REAL ESTATE values will continue to implode as the U.S. and Global Oil Industries disintegrate.

The gold and silver prices are being capped because paper contracts can be added as more funds move in. However, crpyto-currencies do not have this problem because the amount of Bitcoins, as an example, are limited.

[dt1010] 17/5/2017 19:05

Round numbers always resist OneDay.

300p on the cards here and 200p for HGM nailed on too.

Get the cup and handle completed with volume and we're looking at 550p within 6 months.

[stevea171] 17/5/2017 18:57

HOC chart. White Marubozu candle today. Very bullish ....

[onedayrodders] 17/5/2017 18:17

silver hitting $17 upset someone

[charles clore] 17/5/2017 18:12

Just look at that finish tonight. Says it all about HOC really.

For the first time in a long while I am beginning to get nervous about the amount I have in HOC but It is performing much better than money in the bank so I will leave it where it is!.

[bigdazzler] 17/5/2017 16:33

Well just taken great profits with half of my trade. Stop moved up to breakeven point on the second half of trade and letting it run until signs of weakness.

An excellent trade and only 6 days long.

[juju44] 17/5/2017 16:31

Crimms will always control - up or down . It only goes where they decide to put it

[topicel] 17/5/2017 16:15

But juju, Stevea posted that the crims are running out of supporters for their scam.

It will end one day. Everything does...

Do a Journey mom ami and 'don't stop believing' lol.

Topicel

[goldenshare888] 17/5/2017 16:12

GOLD RUSH UNDERWAY.........

:)))

[edjge2] 17/5/2017 15:44

final rush to the hush. JNUG made 20

[topicel] 17/5/2017 14:09

While that is relevant I find the simple dollar/yen rate the most reliable indicator of strength or weakness in the PMs as a result. A basic risk on, risk off trade that tells us all we need to know.

It too is falling against the yen, but not by as much as the wider basket. It is still far stronger than this time last year and IMHO needs to go well below $110 and possibly $105 to the yen before we can see new highs in silver with £3 HOC to follow - just for Lauders!

Topicel

[juju44] 17/5/2017 14:08

What will the crime machine across the pond do about these PM rises ?

[onedayrodders] 17/5/2017 13:52

USD DXY:CUR
97.874

;O)))))

Not much resistance until 94.00 from here unless of course the FED's dealing room intervene

[onedayrodders] 17/5/2017 13:47

sorry I meant keep rubbing them GS !

[stevea171] 17/5/2017 12:54

Meanwhile across the pond, Nasdaq hitting new all time record highs nearly every day.
Complete madness. This one stands out:

Amazon AMZN
sp: $966
Mkt cap: $460 Billion
P/E ratio: 181.01
Div yield: Nil
Broker target share price (median): $1100

[lauders] 17/5/2017 12:30

Love the confidence DT! Just wish it would smash through the 300p barrier let alone anything higher. Your crystal ball must be much better than mine!

[dt1010] 17/5/2017 12:23

You can nail 500p to the wall in the coming months here.

Silver is about to explode ;)