Hochschild Mining Share Discussion Threads

[stevea171] 27/8/2017 10:40

Lauders. Interesting comment there:

"By the way, the silver contribution at Fresnillo is going down -- in the first half of 2017 this metal accounted for 38.6% of total revenue, so the company is a mainly gold producer now."

HOC's silver to gold ratio has come down since the start up of Inmaculada but from approx 66% silver to 50% silver 50% gold now.

[juju44] 27/8/2017 10:19

Maguire is a serial loser . Follow him at your cost

[stevea171] 27/8/2017 10:05

Andrew Maguire. August 25, 2017

The U.S. orchestrated manipulation of the gold market is now collapsing and that ‘Vampire Squid’ Goldman Sachs is looking to take full advantage of the upcoming implosion of London Gold Pool II by moving in for the kill.

We have been witnessing large accumulations of bullion by sovereigns seeking to start averaging into gold sub-$1,300 and silver sub-$17. For the last 3 weeks, we have evidenced over 3+ tonnes of daily physical gold accumulations by these very large buyers…

“This activity is competing with concurrent large Indian wholesale demand which is front running the new gold buying season that commences just a few sessions from now, on September the 5th. We have witnessed Indian buying at every gold fix for 3 straight weeks now. Once more, this demand will counter the misinformation we have been fed regarding weak Indian demand. Each month this misinformation has been hung out to dry.

[stevea171] 27/8/2017 09:42

Gold $1300 and silver $17.20 getting closer if the market keeps pressing the cartel.

[stevea171] 27/8/2017 09:38

US $Index fell to 92.52 at close on Friday. This takes out all the lows since January 2015 so the US$ is in full collapse mode now. Take advantage with gold.

[stevea171] 27/8/2017 08:40

Record date for the HOC interim dividend is 31st August so there are only 2 trading days til Wednesday (not Thursday) to go.

[lauders] 27/8/2017 02:51

Precious metals are "still in correction mode":



Well, that is quite a strange pattern. It's common knowledge that during a strong bull market in precious metals, it is silver and silver miners that lead the market. However, my survey challenges this thesis. In other words, it seems as if the entire precious metals market is still in its correction mode.

HOC one of the miners mentioned.

Also worth reading the opinions in the piece below from different people involved in the sector who talk about precious metal price targest for the end of this year and end of 2018. Good to see that none of them appear to be over-enthusiastic rampers and keep it sensible.

[juju44] 26/8/2017 22:12

The Graves was a red. Flat , Dry , Earthy , lovely

[edjge2] 26/8/2017 20:57

someone pointed out TSX KG, thanks, managed to get in before it flew. Might retrace like AIM.

[edjge2] 26/8/2017 20:33

gold direction, gary savage expects dollar to drop maybe until nov17 and gold to make 1400. Usual whip saw progress. No mention of GEOPS.
Here he is


NK been throwing his toys about, suppose it eases his frustration and 3 missile launches
WEiss also have a pointer to NOV17 for gold but gold should be dropping right now.

Guy looks a pillock but fractal graph gone a bit wonky, probably local GEOPS from NK etc.
Trump now needs to act IMO but will wait his time.
Gary thinks next low in gold will be higher than last. I'll agree oneday gold more likely to motor IMO.

[onedayrodders] 26/8/2017 14:00

Very surprised to see the Jackson Hole Yellen speech to go by without using it to manipulate PM's and markets.

Its also been a while since various FED mouthpieces have chipped in with warnings about rates rising.

Easy to forget it wasn't so long ago we would get FED jawboning almost every week.

Tide turning ?

[boris cobaka] 26/8/2017 13:37

The $ is behaving a little oddly and after the yellen non-event I'm coming around to the view that gold may not fall back much from here. If anything i'd agree with an above comment earlier that the $ does look like it's gonna go lower from here and I reckon the $ index will be looking at low 80's before the fun stops.
This will see gold al least ping $1400 possibly $1450. Timeframe for this - $ to bottom by end Oct latest.
I'll be buying on any gold dip from here. Probably more miners than metals.

[juju44] 25/8/2017 19:01

PMs being controlled where they want them . Think I will open another bottle of 2008 Graves

[edjge2] 25/8/2017 17:37

DIY gapfill will sort us, but seriously I see dollar lower and , geopoliticals should see 1300 broken and then a stampede.
Weiss's fractal plot suspended at present

but building a diving board.
If still correct ultimate low Nov 2017 1150 or so with now V shaped sharp bounce.
Expect yank markets into hyperbolic phase with frightened cash.
They should have bought PMs cos around mid 2018 is the credit rooster.

[topicel] 25/8/2017 17:29

Oh, ok, you can benefit too.

Just because the crims can do what they want and you keep reminding us don't make you a bad person...annoying, but not bad. Lol.

If your gap gets filled then you get to become juju the guru. A big call, but plenty of signs that geopolitical events will assist.

Bon weekend a tous!

Topicel

[juju44] 25/8/2017 16:20

What about ones that have just bought in

[lauders] 25/8/2017 16:17

Seems the PM's don't know where to go, but when down they soon bounce back up. Very volatile. That spring is becoming even tighter. Surely it has to give and gold and silver break free? Those believers in HOC who have held on tight here deserve to be rewarded. Biased of course ;-)

[onedayrodders] 25/8/2017 15:58

I don't hear it I don't hear it

[killary cunton] 25/8/2017 15:45

there's an echo in here

[onedayrodders] 25/8/2017 15:42

maybe that's a taste of what is to come

[onedayrodders] 25/8/2017 15:41

hardly enough time for anyone to react killary