Hochschild Mining Share Discussion Threads

[charles clore] 15/11/2017 10:13

They will have to prop those markets up somehow or we are all doomed (unless you are in precious metals). Where is that plunge protection team when you need them?

[dt1010] 15/11/2017 10:12

Re Jim's article....There's so much speculation and guessing and understandable hysteria about this. Some commentators are being deeply irresponsible. This guy Richards is a lawyer and markets analyst who no doubt has some sort of agenda. Lets see what the Chinese can do. I really don't think they will let it happen. It's the last thing they want. Have to say many of these so called pundits just get on my nerves. They are not tapped in to either the pentagon or the height military echelons of the Chinese communist party. Many of them whip up fear as a means of ensuring the next commission from whoever they write for or even more synicallly as a means of illiciting financial gain though whatever personal interests they have on the stock markets.... then there's just you average joe conspiracy theorist too...

[stevea171] 15/11/2017 10:01

OK so finally you come out with something specific rather than generalities.
You don't agree with the percentages you say.

How would you rearrange them then and based on what?

Who have you spoken to at a top level of the USG that would give your opinion more weight than someone ie Jim Rickards who has?

Or are you just a dreamer?

[onedayrodders] 15/11/2017 09:50

If markets everywhere are falling like a stone, then HOC will likely fall with them as losses and margins need to be paid somehow regardless. However, PM miners should be the first to recover strongly.

[stevea171] 15/11/2017 09:48

shakeypremis. You are deluded. Read the full article at the link provided. Have you even done that?

There is plenty of reasoning. As for evidence, you think the USG is going to provide documents of its plans for dealing with NK?

Your objections would appear to be for reasons other than those you give but that you're not prepared to discuss.

[shakeypremis] 15/11/2017 09:25

there was no reasoning or evidence presented in the piece posted by Stevea!! That's why I called it UNQUALIFIED codswallop.

[juju44] 15/11/2017 09:19

TIMBERRRRRRR

[juju44] 15/11/2017 08:59

Metals looking OK but HOC heading back to the bottom. Just can't break that 240

[stevea171] 15/11/2017 08:53

Markets everywhere falling like a stone.

[topicel] 15/11/2017 08:28

Shaken, it is only fair that you give us your reasoning why that Rickards piece is codswallop etc...

Of course the percentages are up in the air for who knows, probably not even the CIA! But the basic premise is sound if war, of some regional kind, comes about...PMs soar.

They did in the summer when fat boy was playing with his toys regularly and if he does so again then we are much closer than if he doesn't IMHO. And the markets will get jumpy in the safe haven areas as they did then.

But make the case that it isn't likely and it is worth posting mon ami. And that comes from someone who fails to see a war developing at all because of the certainty it will collapse the Kim regime for sure. They must have understood that IMHO.

Meanwhile, our old safe haven friend the yen actually gained in strength as the Nikkei took a hammering. The pass through to PMs might yet still be a strong enough link to get those 1300 and 17 handles breached at last decisively?

Oh, and blooming 240p!

Topicel

[jimbowen30] 15/11/2017 07:50

gold over $1280 and silver over $17... solid support is building. HOC is a great company and very cheap but so are a lot of miners.

[dt1010] 15/11/2017 06:41

This price channel will break to the upside. We all just have to continue being the nice patient polite non greedy nice and calm people we are. Actually I'm not greedy, I just don't want to make a loss.

But operationally this company is performing excellently. No excuse for it to be bashed lower unless silver and gold shoe drop which I don't think they will.

We're coming into the season when gold and silver RISE. Exciting times. Here's to 350p.

[juju44] 14/11/2017 21:52

I expect HOC to lift tomorrow. Will it smash 240 ????????????????

[onedayrodders] 14/11/2017 21:21

and today's green line on the 24 hr chart stays within 3 day range

[hectorp] 14/11/2017 20:10

Well it is clear TRUMP will have to have his presidency's war as he is under more flak than any other president since Nixon, so either North Korea or , Lebanon, sorry Lebs, youre country is gonna get trashed again. A big war would be a stunning relief to Trump and his people.

[dt1010] 14/11/2017 19:31

Yes like MoneyWeek. Saying avoid buying property in London in 2008

HAHAHAHAHA typical journos. They know nothing.

[juju44] 14/11/2017 19:00

these media gurus are wrong about just everything . Following their advice over the years would have cost you the farm

[dt1010] 14/11/2017 17:57

Codswallop...hey lol, he knows the CIA hahaha

The day I actually listen to Jim...is the day they make me President.

[onedayrodders] 14/11/2017 16:48

Anything with a young Kate Bush cheers me up

[charles clore] 14/11/2017 16:46

archlight - thanks that cheered me up lol

[stevea171] 14/11/2017 16:42

As I've mentioned here before the US is likely to launch a pre-emptive attack on NK in early Spring 2018. Jim Rickards agrees and quotes a date of before 20/3/2018 which is the Spring equinox. I agree with that. As soon as winter is coming to an end the US preparations are likely to be put into effect. NK will not back down.

Trump trip to Asia. Jim Rickards: "This trip was a prewar gathering of allies (Japan and South Korea) and potential allies (China) in a last-ditch struggle to head off a hot war with North Korea, led by the reckless Kim Jong Un.

At this point, there are only four possible outcomes of the U.S.-North Korea confrontation over nuclear weapons:

Kim Jung Un stands down and gives up his nuclear weapons program.

The U.S. and China combine forces to decapitate the Kim dynasty and force regime change in North Korea.

Preventive attack on North Korea by the U.S. before March 20, 2018.

The U.S. accepts a nuclear-armed North Korea and relies on containment and deterrence to constrain its actions.

Based on public statements of U.S. officials, my recent meetings in Washington with the director of the CIA and the national security adviser and other sources, I estimate the degree distribution of those possible outcomes as follows:

Kim stands down: 10%

Regime change: 20%

War: 70%

U.S. lives with nuclear North Korea: 0%.

Trump’s visits to Japan and South Korea were about leaving the door open to negotiations in the hope that Kim would stand down while also preparing for war. Trump’s visit to China was about asking for assistance in regime change.

Xi is unlikely to agree to help the U.S. in this regard. This means war. Instead, Trump and Xi no doubt discussed China’s “red lines” in North Korea so that a war between the U.S. and North Korea does not escalate into a war with China.

Almost none of this is fully priced in public markets, although markets seemed to be getting the message last week.

A war between the U.S. and North Korea will cause a global flight to quality assets and currencies at the expense of other asset classes."