Hochschild Mining Share Discussion Threads

[juju44] 18/8/2017 15:02

I wouldn't get over excited yet

[onedayrodders] 18/8/2017 14:50

yes PM's going up without "handbags at dawn" stories from Kim and Donald.

[onedayrodders] 18/8/2017 14:36

Dollar had some brief respite last week or so and probably good for PM's as it was a bit one sided for too long.

Should make for another big move down for the toilet paper

[onedayrodders] 18/8/2017 14:34

OOH they didn't like that 17.30

[topicel] 18/8/2017 14:22

Dollar getting another thrashing by the Yen. And of course we see PMs react.

Minutes away from what New York will or won't do about the all so important $1300 level...just maybe this time Juju?!

Never forget the correct direction was the night Trump won, and then the elite had to reverse it all big time until they were ready. You know it is coming round the bend...

Topicel

[juju44] 18/8/2017 14:17

Nah , rich , I know you want me on your team so I am hanging in

[onedayrodders] 18/8/2017 14:17

Hi Ho Silver //AWAAAYYY (Hopefully)

[topicel] 18/8/2017 14:09

We've also seen many intraday zig zags breaktwister and possibly this is another.

Come US opening the mood could change up once more and we end up at highs if the day. Let's face it, if 335p was an overshoot to the upside then 260p was its mirror image down-the-way.

Split the difference and 290-300p range seems about right and then we see what the macro and geopolitical nonsense throws up next regarding PM direction.

Buying season for many cultures is upon us as gifts and the crypto impact is being felt too I believe.

Topicel

[richkid71] 18/8/2017 14:07

well do it juju, don't think anyone cares either way. If you sell, you can go back reminding us what losers we all are.

[breaktwister] 18/8/2017 14:01

Actually the US miners are set to open up today, JNUG etc. So this dip in HOC is a good buying opp

[breaktwister] 18/8/2017 13:59

PMs hovering once again at key technical levels. Miner prices are favoring another retracement (sad to say as I am superlong in all things PM). Scaling back some of my positions but still keeping long as if we can break 1300 and 17.20 it is superbullish

[juju44] 18/8/2017 13:42

tempted to take my trade profit and run

[juju44] 18/8/2017 13:18

Looks like the miners dont believe the rise in the metals

[onedayrodders] 18/8/2017 13:00

someone emptying the artillery to block advance past $17.20 ..again !

[davidspringbank] 18/8/2017 12:49

The problem is the markets are rigged by the central banks who are keeping a lid on PM prices. Stock prices are at nose-bleed levels to give the impression that everything is rosy in the markets to encourage further investment and higher highs. Less than half of American companies are reporting improving profits on the year before. When the markets crack under the strain of manipulation, people will dive into precious metals for safety. If gold were to reflect it's real value, prices would need to double.

[lauders] 18/8/2017 12:39

I think a lot of people are worrying about that as the US seems to be losing it with these protests etc.. shakeypremis. I am just hoping it will not be as bad is it may be but then I will probably be wrong. If things get as bad as some have said then holding precious metals and looking at the stock market, posting here, etc... will be pointless. Let's cross everything!

[shakeypremis] 18/8/2017 12:32

Sadly Lauders, things will happen, at this stage it's inevitable. We are entering a time of great strife. Economic, geopolitical and societal. It's not going to be rosy that's for sure.

[lauders] 18/8/2017 12:27

Top - Because I tend to buy and hold and don't use stops. I am not a trader and if I believe in a company then I tend to stick with them. I have regretted that on some occasions I must admit but I am no doubt not alone. I do still believe that HOC will be OK once those costly drilling comes into play at the end of the year, so I could have saved myself a lot of money I agree, but will still do OK I hope. HOC is now 26% or so up for the year so still OK. I have been holding longer than a year too.

pediment - I would also prefer HOC rise as a result of organic growth in PM prices and also because of drilling/operating success by HOC. None of us want a world where the environment and every day life is unpleasant to live in, so I am certainly not wishing for very bad things to happen. The price of PM will still go up on concern/worry without anything ACTUALLY happening.

[pediment] 18/8/2017 11:27

According to Bloomberg less buying on the US indices dips, coupled with increasing concerns about Trumps stability, competence and ability to deliver on any of his election promises may signal a correction in the US.

If I may pose a question which may be a little controversial and which some may not consider relevant to a share thread. It's a question of, to use a colloquialism, be careful what you wish for.

I accept in the broadest terms that PM prices do probably not represent fair value and that there is a massive problem being created with QE, rising debt and over inflated US markets. And the paper trade.

However I would like to see organic growth in PM prices based on true value. I accept the safe haven nature of gold per se however I am uncomfortable with the sometime welcoming of global instability, political and economic problems(not on this board)


Maybe I'm just a bleeding heart (ex) Trotskyite who finds his day job a little ethically challenging at times and as someone who is a short seller on occasions as well (with all the approbation,not, that brings) I would welcome thoughts on my ramble.

Regards

[juju44] 18/8/2017 11:09

Silver having another peep over Beechers Brook .

[stevea171] 18/8/2017 10:56

US, UK, EU markets cratering gives a chance for the PM's to shine?

Main markets down 1%+ Nasdaq down 2%.

[onedayrodders] 18/8/2017 09:52

There's that $17.20 ceiling again on Silver

[stevea171] 18/8/2017 09:46

Yes, are we gonna see gold $1300 today or possibly Monday?!
The cryptos and base metal rises are indicating gold and silver will be next. Gold leading silver for now ...

[edjge2] 18/8/2017 08:54

Gold nearly 1300. HOC down, preempting bounce back?