Hochschild Mining Share Discussion Threads

[charles clore] 10/11/2017 12:33

ODR - How can companies that don't make any profit buy back their hyper inflated shares? Where do they get the cash?

[stevea171] 10/11/2017 12:15

ODR. History doesn't repeat exactly. It rhymes.

QE helicopter money ended and QT has started with the first slug of bonds allowed to mature in October and were not replaced. ie Fed balance sheet reduction.

So if QE supported the economy with easy money, QT now in its second month of operation will have the opposite effect. Combine this with policy for higher interest rates and what business environment is the US heading into?

[onedayrodders] 10/11/2017 11:44

Interesting steve .. however unlike today's zero int rate policy, in 1929 rates were at 5% and the markets were not awash with QE helicopter money.

Companies can protect there SP's with buy backs and stop any serious crash and attract the mugs in again whilst the $ devalues.

[dt1010] 10/11/2017 11:39

No rush juju just coz its lost a couple of pence no fair accompli dude

[topicel] 10/11/2017 11:37

Doomberg reported late last night (when no-one's watching, lol) that gold was showing its best October since 2011...and they left it at that.

More canaries?

I still reckon the debt ceiling is the key, now linked to tax reform in an effort to cover one with the other but markets are suspicious at last I think...

Topicel

[juju44] 10/11/2017 11:32

Looks like it cant get that breakout as I suspected . A PM surge north required - and what are the chances of that ??????? Otherwise , back to the bottom

[stevea171] 10/11/2017 11:29

More straws in the wind ....

Jeff Bezos just pullled a billion dollars out of the stock market after making a killing. This is what Joseph Kennedy did reight before the 1929 stock market collapse. Is history repeating iitself?

(Bill Gates, Jeff Bezos And Warren Buffett Have More Money Than The Poorest 50% Of The U.S. Population Combined.) In our society today, there are so few that are doing well. At this point a majority of all Americans are living paycheck to paycheck, and “one in five households have zero or negative net worth”…

It is becoming quite clear that even if Congress passes a tax reform bill in 2017 that it won’t actually be that significant. On Thursday, anxiety about the Senate’s version of the bill pushed the Dow down more than a hundred points, and that was the biggest decline that we have seen in two months.

[onedayrodders] 10/11/2017 10:46

gotta feeling the Nymex bandits will be about later on a quiet Friday

[dt1010] 10/11/2017 10:43

Gold will pull this up

It's a seasonal thing

[killary cunton] 10/11/2017 09:58

The dow theory

[stevea171] 10/11/2017 09:43

The Dow Jones Transport Index (DJT) has been falling from its record high over 10,000 a month ago and has fallen for 8 of the past 9 days to an 8 week low. Yesterday -1.18%.

It is a key index along with the DJIA. Is this the canary in the coal mine?

[stevea171] 10/11/2017 09:22

UK High Street Sales Suffer "Most Horrific" October On Record

The writing was on the wall two weeks ago when retail employment tumbled along with CBI-reported retail sales, but tonight's BDO High Street Sales Tracker should be the icing on the cake for any looming rate hike as like-for-like sales crashed 5.2% - describe by BDO as "the most horrific" October on record.

[juju44] 10/11/2017 08:32

Fat lady hasn't sung yet so jury still out. Needs to smash 240 with gusto or we drift down again. PM strength required I reckon

[dt1010] 10/11/2017 06:41

300p+ it is then by the end of 17

[lauders] 10/11/2017 01:18

Good news and good day yesterday for HOC. Let us hope we can now break through 240p and return to the highs when we did NOT have the news from today!

Hochschild Mining (LN:HOC) is set to start mining operations at the Pablo vein of its 100%-owned Pallancata silver-gold mine in Peru after receiving all requisite permits and approvals.

100% looks great to me ;-)

[majorpain2] 09/11/2017 22:02

The economic situation is continuing to deteriorate, but that little voice in my head is still saying dont buy yet. Things are so far out of whack that "up is down" etc, so i dont trust that bad economic news will translate into being good for gold/silver...

I will keep an eye out if breaks up though 240, i made good money last time!

[dt1010] 09/11/2017 19:09

Always slower

[shakeypremis] 09/11/2017 17:39

A very nice come back from gold after that smash earlier. Can't say the same for silver though. Hopefully it'll play catch up later today or tomorrow.

[dt1010] 09/11/2017 16:40

It's alright richkid....gold will move up and this will shoot up

I am 100% certain of this hence my jocular attitude

People are buying now while it's still cheap AHEAD of gold's rally.

Will keep appreciating from here.

[richkid71] 09/11/2017 16:33

How many times have people been calling a breakout when this share goes up just a few pence. This share has been very disappointing of late. Hoping the news today and metals a big move north will make people a lot happier on here rather than the daily fickleness.