Hochschild Mining Share Discussion Threads

[february 30th] 31/8/2017 09:29

I suspect that levels such as 1300, etc, are irrelevant - TPTB can easily manipulate the prices around them. All it takes is an office boy to dump x million ounces of paper on his tea break. The level that matter for silver is around $22.

[juju44] 31/8/2017 09:23

1720 for silver , 1300 for gold .Keep up , man , keep up

[killary cunton] 31/8/2017 09:19

I thought 1320 was key. Now it's 1300.

[goldenshare888] 31/8/2017 08:55

LOL

All PONZI schemes collapse in the end juju!

PM price suppression/manipulation will also end at some point.

It's the when that will be exciting and I don't intend to be out when it comes,trying to be clever and trade it!!

:)))

NB. TPTB won't send you a postcard nor will any chart predict it accurately.

[juju44] 31/8/2017 08:33

Simply telling you what the technicals say. You dont have to like or believe.The corrupt bankers will continue to manipulate I am sure

[richkid71] 31/8/2017 08:28

Oh, a guess then.

[juju44] 31/8/2017 08:20

Rich , my head . From a technical view point these levels are crucial if we are really in a bull phase.They MUST hold

[stevea171] 31/8/2017 08:13

Feb 30th. Your conclusions on the PM prices feinting back towards resistance only broken this week is exactly what the cartel want you to think. They fool about with key numbers all the time to try to maximise losses for traders.
It doesn't matter to me either way as I'm not trading.
Let's see what happens.

[richkid71] 31/8/2017 08:12

juju - where you getting that from??

[stevea171] 31/8/2017 07:54

"ex div today" means: if you buy today you DON'T get the dividend.

[february 30th] 31/8/2017 07:41

The chances of them holding short-term, like today, are practically zero. You'll probably get a smash sometime over the next 24 hours, perhaps in preparation for tomorrow's NFP. And then you have the opportunity for further smashes over the long US weekend. So next week we can perhaps start again, at a time of year that is traditionally very unstable, economically and maybe also politically.

[juju44] 31/8/2017 07:32

If 1300 and 1720 don't hold its party over - big time

[edjge2] 31/8/2017 07:23

ex div today

[lauders] 31/8/2017 01:36

A note on the recent Cobalt agreement:

Then there is this piece too:

Silver margins

If Centamin isn't for you, Hochschild Mining(LSE: HOC) is another safe haven miner.

Unlike its peer, Hochschild mainly produces silver, although gold is also on the menu with 121,000 ozs of the yellow metal mined during the first half of the year.

For full-year 2017, it is targeting production of 37m equivalent silver ounces at an all-in sustaining cost of between $12.2 and $12.7/oz, so this company is more of a play on rising silver prices than Centamin. Over the past few years, as silver has traded below $20/oz, it has struggled, but now prices are heading higher the miner's margins will expand, and it should be able to rebuild its balance sheet and improve shareholder returns.

Shares in Hochschild currently support a dividend yield of 1.2%, which isn't much compared to the wider market, but it's more than you would receive from most interest-bearing accounts today.

Nothing we did not already know but all positive publicity is good IMO.

[breaktwister] 30/8/2017 21:58

The manipulation of the S&P index is even more transparent than the PM manipulation. The S&P was forming a head and shoulders pattern on a weekly and monthly basis until the miraculous recover yesterday and today. US stocks and S&P Futures being bought by Fed CB proxies all over the world. They buy with free money yet you or I have to swap our labour for the privilege. Death to the moneychangers.

[rhuvaal2] 30/8/2017 17:47

Also applies to Trump himself after he cancelled flood scheme financing a few days ago :(

[onedayrodders] 30/8/2017 15:21

Interesting the runaway DOW seems to be spluttering and not responding to the jawboning unlike previous times

[onedayrodders] 30/8/2017 15:17

PM's break through resistance and suddenly FED ups GDP estimates and ADP job numbers exceed expectations.

Anyone see a trend here

[onedayrodders] 30/8/2017 14:49

Totally agree Topicel

This is that random FED jawboning / action to influence short term markets

But I think people are now starting to see the toilet paper masquerading as a currency

[topicel] 30/8/2017 14:32

Talking of screwing around, did you see the revised US GDP Q2 figure went up from 2.6 to 3%!!!

Now call me cynical (better than Shirley, lol), but it is a big whopper massaged to make the recent dollar weakness go away. The reaction is dollar/yen to 110 and "nothing to worry about here". Except a commentator on Doomberg just said the numbers are not to be that influential or trusted, and can be re-revised a third time down the line...

The dollar aside, mostly taken with an appropriately large pinch of salt so far in PM circles, especially those in HOC land.

Three per cent, I ask ya?!

Topicel

[stevea171] 30/8/2017 11:40

CC. It's your money they are screwing about with. I assume you have PM investments.

[charles clore] 30/8/2017 11:12

I love the way the crimsters exert total control over PM prices. After a lovely breakaway rally they bring them back down to the previous day's close and then hold them there for a day or two... then whack em good!

[fieldhouse] 30/8/2017 11:09

Like keeping a lid on a boiling kettle !!!
A repeat of "Custers last stand" getting nearer.Something has to give !!

[stevea171] 30/8/2017 10:20

John Embry: I must say that we have a much better tone to the gold and silver markets. They overcame massive resistance from the usual suspects to post impressive gains on both Friday of last week and Monday of this week…

Manipulators Hard At Work.
“On Friday, as gold was challenging to break through the critical resistance in the $1,300 area, some non-profit motivated seller sold over 20,000 contracts in roughly 2 minutes on the Comex, knocking the gold price back $12. To put that in perspective, some party sold over 2 percent of annual gold mine production in 2 minutes. That’s ridiculous.

However, gold’s rapid bounce back from a quiet August Friday indicates to me that the market is definitely changing character. On Monday, gold came out of the box strong, somewhat unusual in comparison to many recent Monday’s when the anti-gold Cartel put pressure on the price in order to diffuse any emerging excitement. From Friday’s Comex close to Monday’s, the price of gold rose by over 1.3 percent. By itself that is relatively impressive, but this rise occurred in spite of an increase in open interest of some 23,000 contracts, representing a notional 2.3 million ounces of gold. Any other commodity facing this sort of selling pressure would have buckled, indicating just how strong the gold and silver markets are in the process of becoming.

The long-term charts for both are extremely impressive and could ultimately support massive upward moves. In addition, gold and silver have never been cheaper in relation to the amount of money and credit in existence globally. Having said that, the price of gold is down $12 from today’s high, and silver is off 30 cents from its high, so the West is fighting this advance with everything they have left in the chamber.

A perfect storm is forming for explosive upward moves in gold and silver. However, to the extent possible, the anti-gold Cartel — the BIS, Western governments, central banks and their bullion banks allies — will move Heaven and earth to resist this development. They will ultimately fail due to the shrinking physical inventories of gold and silver in the world, mounting demand in many countries, particularly the Eastern hemisphere, and a deteriorating picture globally in all respects. But they will fight to the last bullet because they know better than anyone what is coming in the wake of their actions over the past 30 years.

[richkid71] 30/8/2017 10:01

Tea leaves not doing it for you today juju. Fickle.