Hochschild Mining Share Discussion Threads

[breaktwister] 05/9/2017 15:06

Bought more HOC, this dip is a gift, peso down and bullish silver so a no brainer here.

[ifthecapfits] 05/9/2017 15:06

Miners don't seem to be following for the time being though.

[charles clore] 05/9/2017 15:00

Yes a nice about turn this afternoon for cryptos

[ifthecapfits] 05/9/2017 14:47

Going higher.

[charles clore] 05/9/2017 13:57

nrc - one might think that banning ICOs could possibly encourage buying of the more established cryptos? Doesn't seem to be the case though.

[lauders] 05/9/2017 13:44

HOC is not following at the moment! Come on HOC.

[shakeypremis] 05/9/2017 13:41

Silver's making a break for $18!

[nrc] 05/9/2017 12:26

Art in Guardian Stockbrokers today reportsmajor drops in some Bitcoins & Crypto currencies in wake of People's BoC banning ICOs.....

[eeza] 05/9/2017 12:12

But smack-down Tuesday once Nymex opens?

[stevea171] 05/9/2017 11:59

Only DIVINE INTERVENTION Can Keep Gold & Silver Down.

Silver Tags $18 & Gold Battling at $1345: METALS Gap-Up and SURGE
Posted on September 4, 2017 by The Doc

Traditional holiday market smashing has not been effective so far in gold and silver. The cartel loves to smash on holidays, so assume they have their rifles pointed at the metals. Looks like their mags are out of bullets for now though, so Let’s hope there is no re-supply drop…

Cartel unable to attack in the overnight trading hours. As most markets are closed for the Labor Day holiday, there is some limited trading in gold and silver today in a short session.

When the markets opened for trading on Sunday evening, gold and silver both gaped-up at the open.

This morning’s action and tonight’s market action in the precious metals will be crucial. If the cartel is unable to attack, we could be staring down $1350 and $18 in short order.

[spagnolia] 05/9/2017 11:05

Dubai are launching a gold back cryto currency that looks interesting and the gold is held in the airport (freeport)!

[hectorp] 05/9/2017 10:57

Any gold backed thing, eg oil in China, would have a very good chance of riding out the next stock crash, or whatever else. Bitcoin could really suffer in the case of a major market crash, as funds are repatriated ( ie profits, in many cases).
I also like the idea of gold backed cash, eg Goldmoney.

[stevea171] 05/9/2017 10:25

HOC is likely to shoot up this afternoon on the return of the Nth American buyers after their 3 day w/e.

[onedayrodders] 05/9/2017 10:14

good luck juju

[stevea171] 05/9/2017 09:58

Gold at 11 month highs. $1350 will be a 12 month high.
Break out above the 200DMA accelerating.



From this chart it looks like gold is in for a sustained run higher. The 200DMA low this year is well above that for last year so technically gold is much stronger than recent times. Hence the desperation of the cartel to keep gold below $1300 which it has failed to do. Funds can be expected to be piling into gold as they return and pick up from the holiday season.

Dollar weak = Gold strong

[juju44] 05/9/2017 09:51

I have decided to catch this falling knife . Indicators on the up from low level

[onedayrodders] 05/9/2017 09:48

I guess zerohedge will confirm a multi billion rain forest paper dump later

but yes they are getting shallower in their impact

[onedayrodders] 05/9/2017 09:45

Shows the FED's "dealing room" are still active ..barstewards

Then again the puff from war stories for PM's never sustains for long as it becomes yesterdays news or "chip paper".

Not that PM's need war to continue the bull run

ODR

[stevea171] 05/9/2017 09:42

Hochschild Mining and Centamin were boosted by gold prices, which rallied to 11-month highs on the back of worries about North Korea's hydrogen bomb test over the weekend.

[topicel] 05/9/2017 09:09

Fat fingers are back and slipping all over the buy/sell keyboard I see...

Manic month ahead. What will the Yanks do to catch up this afternoon? This could be a take down to allow them all back in cheaper.

It don't take long to correct that silver drop, does it...a good sign.

Topicel

[lauders] 05/9/2017 01:49

From the Times:

Is Hochschild Mining worth its weight in gold? If followers of the precious metals miner were asking themselves just that yesterday, then their answer appeared to be a definite “yes”.



You have to register to see the full piece if you think it is worth the effort. I can't access the full article now but probably can later after work.

[ifthecapfits] 04/9/2017 16:52

This probably.

[shakeypremis] 04/9/2017 16:39

That's a nice little lift in silver. What has prompted that?

[stevea171] 04/9/2017 13:34

Dr. Stephen Leeb. “An Epic Bull Market In Gold”
To reiterate what I have been saying: the launching by China of an oil benchmark backed by gold will mark a major inflection point that will be the spark for an epic bull market in gold.

In sum, the days of the petrodollar, a crucial element in the dollar’s reserve currency status, are coming rapidly to an end. With the world’s most important oil benchmark trading in yuan and backed by gold, the role of the dollar in global trade inevitably will collapse, and the shift to a new gold-centric reserve currency supplanting the dollar will rock the world. Predicting that development has been part and parcel of my argument for an unprecedented bull market in gold.

This event signifies that an epic bull market in the yellow metal is in its very early stages. The outlook for other commodities ranging from oil to copper to zinc to cobalt is also staggeringly bullish.