Hochschild Mining Share Discussion Threads

[charles clore] 28/12/2017 08:47

Toppy - cryptos are here to stay but there will obviously be pullbacks after such huge rises we have seen recently. PMs are all very nice to own but you can't use them as currency so here's how I see it all fitting together. Cryptos will be used for daily transactions and PMs for a store of value. Rather like PMs and paper fiat today but we know paper currency is outdated so it has to go.

[topicel] 28/12/2017 08:40

And, of course, staying there!

More Bitcoin issues as money moves back into gold in this cycle which is not unexpected given PMs have a solid history over Millenia and nobody really understands or trusts this new upstart.

Making quick money is one thing but then so is losing it as quickly. Not for me, and if HOC leveraging up on the back of gold and silver turning back to 1300 and 17 and beyond isn't enough risk for folk then you're all welcome to the crypto games.

Topicel

[charles clore] 27/12/2017 16:00

gdennett - bittrex has temporarily halted new accounts while they upgrade their systems. H - I dont think Litecoin has finished its run up yet>To be honest as a crypto newby the coinbase and its trading site GDAX are ideal place to start imho

[chrismisson555] 27/12/2017 15:48

Not sure there is enough volume to support pricesa above 260p and gold at 1285.

NEO is worth a look at the next cyclic cypto crash, better tech than Ethereum and supported within China

[shakeypremis] 27/12/2017 15:36

Classic, gold and silver moving higher and HOC heads the other direction. Can we end the day down? HOC can definitely do it. Come on HOC!

P.S. I hope this doesn't mean they are about to smack metals again.

[gdennett] 27/12/2017 14:49

Hector, verge are listed on bittrex, not sure if they are the same coin as you're interested in as they currently $0.17.

[hectorp] 27/12/2017 14:31

If my money was in Bitcoin right now, I'd be unable to get a proper nights sleep.
Thats not the sentiment I'd want from a currency.

HOC, FRES and gold and oilies I'm much happier about, as they are tangibly real.
$18 plus silver next year will allow geared gains in the miners. I really do suggest $21 silver is again very possible indeed.

I urge no-one to buy actual bitcoin ( I don't imply no-one should " trade" it if they are trader minded). As Charles knows I think, I'm open minded about cryptos other than Bitcoin but now as Lite has soared too I'll avoid it. I'm actually looking at Vergecoin, at around 30p each! But I can't find how to buy them in the UK - off topic.

I wish you all a very happy New Year soon.

[edjge2] 27/12/2017 12:08

HOC is pretty solid in silver and gold with good management reputation if it can fit in its diversion to canadian energy metals will have even more rise potential in a 2018 environment favouring metals, suspect aaz, caml and KAZ will be good too in my IMO. Diversion made in unpopular before christmas.

[davidspringbank] 27/12/2017 10:57

Looking good for a great 2018.

[shakeypremis] 27/12/2017 08:56

Thing are certainly looking a little rosier now. Need to break 262p.

[charles clore] 27/12/2017 08:29

Good morning campers. I think the HOC market likes this silver rally!

[davidspringbank] 25/12/2017 10:12

Thanks, Charles and I wish you a Merry Christmas and a Happy New Year!

[charles clore] 23/12/2017 19:49

Shakey - only bitcoin is traded on the futures exchange and they are not having an easy time of it because it cant be hypothecated like precious metals for the purposes of short selling and the price can't be fixed daily either. Coupled with the fact it is on a rising curve of adoption by the masses I think they are trying to control its growth but don't quite know how to tackle the problem. Call me greedy if you like but just like any other share purchase I am in it to make money and the window of opportunity is, imho, huge and will last for many years. I can see a time in the not so distant future when we will use cryptos as currency. Indeed, some large transactions have already taken place with bitcoin used for house and car purchases and I am expecting announcements soon by major businesses who want to accept altcoins in exchange for goods and services. Bitcoin would not be suitable for this because of its low transaction speed.

David - I would recommend a chap called jsnip4 on you tube. He was originally following gold and silver but earlier this year he got friendly with Clif High and started to follow cryptos. He has been enormously successful and has now teamed up with a crypto trader called traderboss, whose charting is amazingly accurate. It takes a leap of faith to get into this because as Shakey indicates, it goes against a lot of what we were brought up to believe. But it is real and it's growing. If you are interested take a look at one of jsnip4's recent videos. This one has traderboss as well.

There are many other good sources of information on you tube.

Good luck

[davidspringbank] 23/12/2017 14:51

I'm open to suggestions and a mate of mine asked about cryptos. Naturally I told him to stay away, but I've started to check them out for myself. It appears that Bitcoin has recently had a fall. It could stabilise, or walk off a cliff with panicked sellers. Who knows. It's just curiosity on my part.

When it comes to serious money, I prefer mine in gold, silver, miners, explorers, oil and property. I really like silver, but my pension is in BlackRock Gold Fund with a dash of HC Charteris Gold Fund and gold and silver bullion.

I don't trust professional politicians who have run up massive debts and I don't trust university professors to run the economy. I wish they would stop meddling in the markets and get out of our pockets. They should crawl back under a rock and leave us all alone. The whole country is on a major terror alert. It's only going to take a incident like the London bombing and the whole country will be up in arms. The security services must be tearing their hair out.

[shakeypremis] 23/12/2017 14:08

Erm, did you miss the news about futures on cryptocurrencies?

This crypto mania is ridiculous. I'm 29 so I should be in the generation that is enthralled with cryptos. The sheer greed and speculation is mind-boggling. Money for nothing. No. It's madness built on sand and crytocurrenices are quite possibly a psy-op. Central Banks and banks will use blockchain, but it ain't going to be BitCoin and it isn't going to make you rich unless you managed to ride the wave and have the foresight and discipline to sell early and it's certainly not going to set us free. It's going to do the exact opposite.

[davidspringbank] 23/12/2017 14:05

Charles, I may have a wee bet on crypto's with IG Index. Where do you do your research?

[charles clore] 23/12/2017 10:20

Shakey - from what I am hearing, unlike stocks which are ruthlessly manipulated, cryptos make for near perfect technical analysis. The trend is up, buying volume is expected to rise for the next few years and also I believe certain coins will be integrated into the online retail supply chain in the near future. The only thing stopping more people making big money is fear and scepticism.

[shakeypremis] 23/12/2017 09:51

Merry Christmas one and all. Ho ho HOC.

Charles, how much upside? There is no way to value them because they don't actually have any value and don't represent anything. They could keep going, but at some point they will get smashed to intrinsic value which is 0.

[lauders] 23/12/2017 00:32

Wishing all HOC holders the very best over Xmas and the coming year. I hope 2018 turns out to be a great one for HOC which is still by far my largest holding. I am hoping that precious metals will be strong and the reduced debt and increased income via higher commodity prices will propel HOC forwards. Their prospecting will hopefully deliver more encouraging results too and the story will just get better and better.

[charles clore] 22/12/2017 20:21

Looks like the cryptos have bottomed. Plenty of upside there now imho.

[onedayrodders] 22/12/2017 20:18

Crypto crash helping IMHO

About time that farce ended

[juju44] 22/12/2017 17:37

Happy Christmas girls. Big here soon

[fieldhouse] 22/12/2017 14:46

Merry Xmas all.
Thanks steve for keeping the thread very well informed.

[onedayrodders] 22/12/2017 13:28

Best wishes all