Hochschild Mining Share Discussion Threads

[dt1010] 07/11/2017 11:58

So everyone knows there's going to be a crash. Everyone. The papers, the shoe shine boy etc...and yet where is it? What will cause it?
A wall of worry is what the market climbs.
If the wider market falls because of some macro event then gold will rise. Uncertainty will drive money into gold.
Of course a 1929 crash would pummel everything.
Is that on its way shortly?
Amazing how so many people think so.
They'll make a fortune by shorting the market if they can time it.
Of course they missed out on stellar gains all this time the market has risen.

Fact is

No one knows when a crash is coming

A correction is different from a crash.

[stevea171] 07/11/2017 11:49

Bill Blain: "We Are Approaching Levels Of Optimism Last Seen In The Days Of The Dot.Com Bubble"

"My stock picking guru Steve Previs is shaking his head in disbelief after another 8 day rally – wondering when we are going to see a down day! He says this morning “we’re approaching the levels of optimism we saw back in the days of the dot.com bubble”. The laws of financial gravity are immutable...

[dt1010] 07/11/2017 11:39

It will follow gold. As silver will follow gold.

And gold is going to rise next year.

And the permission will come through

And the ramp up over the following 6 months...

[stevea171] 07/11/2017 11:38

Well then you could hedge your bets and sell 50%. Then when there is more clarity you could sell the rest or buy back.

Everyone's situation is different as regards risk.
We cannot look to what millionaire pundits are doing in or out of the markets. Their position has no correspondence to ours ....

If you are a portfolio manager how are you going to unload 100 million worth of stock into a crash?

[charles clore] 07/11/2017 11:30

Steve - very true about the rise from 40p. It made sense to me at that time that HOC was terribly undervalued and I bought. Now I am less certain even though it has come off by a pound from the highs. The price is hesitant and I'm not sure which way it will go.

[stevea171] 07/11/2017 11:23

Charles. Sell everything and wait for the crash. That is one course of action. On the other hand we have been expecting 50% or 90% off Wall St for so many years now.

If we sold HOC 2 years ago we would have missed the 40p to 330p rise in that time ....

[dt1010] 07/11/2017 11:18

Everyone is talking about a crash coming imminently

That's why I know one isnt coming imminently!

[charles clore] 07/11/2017 11:05

DT - we know the crash has yet to come and Steve said the miners will be taken down in any crash, so now are you saying the recovery starts before the crash?

Steve - we are not talking NFP here, a Wall Street crash would be cataclysmic. I just can't see miners holding up strongly in a scenario where some see the DOW coming off by 40-50%.

[stevea171] 07/11/2017 11:04

Charles. Anything is possible as there are no markets. Everything is a manipulation.
The algos have been having a field day here. Waste of time looking at the hourly or daily 'noise'.

How long did the NFP take down of the PM's last? Just a day!

[dt1010] 07/11/2017 11:01

No the recovery starts from this level

[charles clore] 07/11/2017 10:59

So do you agree this could fall further before recovering?

[stevea171] 07/11/2017 10:55

CC. Not at all. The miners will be taken down in any crash but this is likely to be very short term before out shining all other investments.

[stevea171] 07/11/2017 10:52

Hector. Yes, it's all a guessing game as we approach the year end. There will be portfolio rebalances/rotations as funds try to catch themes for 2018.

Further tightening of US interest rates - December unlikely, but 4 in 2018 would be the death knell for the stock market. Doubt the new Fed chair would want to be associated with that so soon after he picks up the reigns in January.

I see massive political and geo political moves coming from Trump over the next 6 months or more as he confronts the 'deep state'. Watch out for 9/11 payback in the US. Saudi is getting it's 9/11 payback right now with many of those involved in the conspiracy either dead or under arrest in the past few days with their wealth confiscated. Revelations leading to 'draining of the swamp' likely to be mega.

[dt1010] 07/11/2017 10:49

Juju even when the bull is raging you will be in denial!

This has bottomed and HOC news coupled with a PM bull will drive it up in 2018

All to play for!!

[charles clore] 07/11/2017 10:46

Steve - so you think if Wall St crashes HOC will rally? I don't! Everything will sell off to cover margin calls.

[juju44] 07/11/2017 10:43

There's not a near term bull in sight for the metals . Now could be the time as it would give max booty to the mafia

[hectorp] 07/11/2017 10:30

steve,
what will 4 dollar rate rises in 2018 do for PM pricing? That seems to be on the cards. The oil price rising, and other factors will be in the mix. Inflation = good for PM's . several rate hikes should put a downer on the Dow.

I agree with your chart point, silver is looking pretty decent and similar to last Autumn, but, there were no more significant rallies in silver and have not been.

I sense we are looking for signs that will allow us to get into geared positions on miners and/or PM price. It could go either way of course. Silver miners are producing at around say, $12, so there is room for drops back to $15, perhaps.
Of course, I don't know at all!
H

[stevea171] 07/11/2017 10:08

FRES has been trading either side of 1300p for the past 8 days so is in a holding pattern similar to HOC.

Imo they are both in holding patterns awaiting resolution of the direction of the PM's and where Wall St will be going next (can't go much higher you would think?)

Will there be Santa rallies this year once we get through the next few weeks to 1/12?
It seems an autumn crash has now been postponed into 2018. Every year the US market manipulators manage to dodge a bullet. How many years has this been going on for?

[richkid71] 07/11/2017 10:06

DT- You do care, lets not pretend otherwise. We are all hoping for a big rally in 2018 but people having been saying this for years.

[charles clore] 07/11/2017 10:02

DT - maybe you're right. But I would rather have bought on the dips than in the 80s though!

[dt1010] 07/11/2017 09:57

I don't care

It's all about a huge raging rally in 2018

[richkid71] 07/11/2017 09:55

This is struggling holding 230P let alone 250P. Same old, same old.

[juju44] 07/11/2017 09:45

This 220 - 240 range looks ore like a bear flag so a drop through 220 would not be funny . Technically HOC is no longer oversold

[onedayrodders] 07/11/2017 09:43

HOC share price now lower than before yesterday's big spike