Hochschild Mining Share Discussion Threads

[killary cunton] 09/12/2017 11:51

well the good news is that the commercials are closing their shorts on gold and silver.

[killary cunton] 09/12/2017 11:34

is bullionvault allocated gold rhuvaal?

[stevea171] 09/12/2017 11:14

Breaktwister. I only use a PC for posting so I can't see what it's like for you. But my screen layout has an 'edit' at the end of the line with our name:

stevea171 8 Dec '17 - 19:43 - 18192 of 18196 0 0 Edit

I don't know if the other information is there why the edit would be missing. But anyway, if it's the case that you can't edit any of your posts, OK.

[rhuvaal2] 09/12/2017 10:33

Lauders ~ one needs to have a good portion of one's portfolio in precious metals and don't WORRY ABOUT IT. Concentrate on t'other lively stocks "for sport". eeza's post above is a large writing on the wall. When the markets crumble, ALL stocks suffer but the likes of HOC are the first to recover and advance. Physical gold and silver (I like Bullionvault) will power ahead on day one! That's the general idea as I see it.... Remember this is the longest bull market on record and many can't remember losing big chunks of money :(

I have been in various pm stocks for the past five years: and they're mostly ahead, some have tripled

[lauders] 09/12/2017 01:30

.....it's only a matter of time before it cleans up ......

That is the crux of the matter! Patience will pay off but just how much longer will we have to wait and in the meantime what other investment opportunities will pass by as capital is locked into HOC waiting for the time to come? That is the big dilemma as far as I am concerned. I have kept the faith here and held for the year. HOC is currently up 7% on the year while others I was interested in at the beginning of the year are up by A LOT more. BVXP 68%, FENR 58%, COA 56% (all in my StockChallenge selection with HOC), GAW 200%, FDEV 326%. HOC has some way to go and we may need to wait quite a while yet!

[breaktwister] 09/12/2017 01:09

Steve, I don't see any option to edit or I would have fixed my spelling error "down" instead of "done". I only use android app, maybe there are more options via browser?

[eeza] 08/12/2017 21:57

"For the moment, Bitcoin is doing the job that gold used to do: indexing the loss of value in paper currencies and the things that affect to represent them. Except that Bitcoin has no material reality. It is a figment of mathematics."

[stevea171] 08/12/2017 19:43

Breaktwister. Fyi your post 18189 contains an obscenity that we don't use on this thread. Plse amend or delete the post. Thanks.

[jimbowen30] 08/12/2017 16:59

Great posts Steve

[stevea171] 08/12/2017 16:02

Rhu & David. You're welcome. Patience will be rewarded here. Just don't know when! Probably when we least expect it ....

[davidspringbank] 08/12/2017 15:54

Next week for action?

Good luck all!

[davidspringbank] 08/12/2017 14:42

stevea171 Thank you for all your hard work.

[charles clore] 08/12/2017 14:06

What did people expect in the run up to xmas?

[juju44] 08/12/2017 13:40

Headline figure better than expected so depends on the detail . HOC has lost it I fear

[onedayrodders] 08/12/2017 13:08

200k for a country the size of the US is awful but I bet they celebrate like mad if they make 201k and the DOW will have another party

[juju44] 08/12/2017 12:47

I have just taken out a small long bet on silver reaction to NFP numbers . 200k expected

[davidspringbank] 08/12/2017 10:54

I nicked this because it's very appropriate for traders and I have traded all of these events:

"December, as it turns out, has been a humbug month for gold the past four years. In each of those years (2013 through 2016) December began poorly, but appropriately by Christmas-time things began to look brighter. By the end of January in the following year, the star over the gold market shone still more brightly…

On December 1, 2013 gold finished the day at $1220 per ounce. The low for the month came on the 19th at $1188, but by January 31, 2014, it traded at $1244 – up 4.7% from the December low.

On December 1, 2014 gold finished the day at $1212 per ounce. The low for the month came on the 24th at $1174, but by January 30, 2015, it traded at $1283 – up 9.3% from the December low.

On December 1, 2015 gold finished the day at $1069 per ounce. The low for the month came on the 17th at $1051, but by January 31, 2016, it traded at $1118 – up 6.4% from the December low.

On December 1, 2016 gold finished the day at $1171 per ounce. The low for the month came on the 22nd at $1128, but by January 31, 2017, it traded at $1210 – up 7.3% from the December low.

So the lesson imparted is to buy in December and enjoy the holidays. January is the start to a wholly new year."

[onedayrodders] 08/12/2017 10:48

hope not eeza ... on very convincing charts as I've said if this falls through $15.70 convincingly and closes then PM's are basically out away in the bottom drawer for another 2 years.

They tried yesterday with 2 spikes to $15.60 but support was evident as it shot back up as if hitting an electric fence.

Christopher Aaron said it might dip under momentarily.

Have to hope this guy is spot on but have to admit as we hover here with the Nymex guys about to wake up, it's hard to believe they wont smash us through that. They too must know it's importance.

I'll be a big believer in charts if we do hold and move back to $18-19 by first quarter 2018.

ODR

[eeza] 08/12/2017 10:18

Crimms softening the price ready for their mates at Nymex.

[rhuvaal2] 08/12/2017 10:07

Fascinating posts all eagerly devoured: thanks stevea171

[topicel] 08/12/2017 09:18

End 2015 into early 2016 was all about China growth stalling. Markets wobbled big time and it stimulated PMs and related investments into a huge rally which was exacerbated by the surprise that was Brexit.

Aside from China again, the Fed next week will be a win-win for PMs I'd imagine whatever Yellen does in her last meeting. And whatever the debt ceiling and shutdown action it also will be positive for PMs when it comes front and centre again just how endebted the US is too.

China, US, Euroland, UK, Japan - how to unravel the debt? Oh look, gold is nice and cheap and crytocurrencies are becoming attractive to all and sundry including the governments of the world...

I'm with davidspringbank, HOC is a buy all day long at these levels. Inflation is coming back with oil rises continuing to stoke it and inflate away some of that debt. Gold loves inflation!

Topicel

[shakeypremis] 08/12/2017 08:48

The question is, how much longer can this go on for? Fundamental analysis is fine and tells you that something is ripe for a rise BUT the market is irrational (and also manipulated). It could take quite some time for it to correct. I personally believe we are seeing a bottoming process in the precious metals market right now however. Maybe next year we'll start to see the upward trend resume. I don't think we are going to see any BitCoin-esque spikes just yet however. That type of thing may be several years out.

[davidspringbank] 07/12/2017 22:32

ODR, I think so. I remember going in at around 187 early in 2017 and it didn't stay down for very long before shooting back up again. Ping pong.

I've spent a while in cash, but I've put together a position in the past two days. Mainly in PM's and oil. I think this is a tradeable event.

There's a big thing on Sky News about Chinese debt and what's likely to cause the markets to roll over and the consequent dive into gold for safety.