Hochschild Mining Share Discussion Threads

[stevea171] 25/1/2018 09:30

Discussing the magnitude of the coming plunge in the US dollar, top Citi Analyst Tom Fitzpatrick warned: “A repeat here would suggest a fall that might eventually take the USD Index below 70.” Here is Fitzpatrick’s Chart of Death for the US dollar:

Chart of Death…Expect 7 Year Decline As US Dollar Index To Plunge Below 70!

[juju44] 25/1/2018 08:47

Miners generally falling back . Looks like everyone believes the crimms will put an end to the PM rally

[nav_mike] 25/1/2018 08:46

Total lack of buying enthusiasm here despite silver's jump up to $17.50ish

All you can see on SETS are the trader algos nibbling away at the price to push it lower...been like it for days

[andyc100] 25/1/2018 08:12

I reckon the selling pressure was from an institution shorting based on the not overly ambitious FY18 production target assuming the silver price would stay static. May have to reverse their shorts very quickly ....

[goldenshare888] 25/1/2018 07:35

It usually lags and then storms off to play catch up for some big gains.

Possibly late to the party big boy order filling (robbing privates they sometimes call it).

:))

[simonthe1st] 25/1/2018 00:10

Odd why PM's are up but HOC isn't yet. Any particular reason?

[stevea171] 24/1/2018 21:13

US prices tonight for HOC associated companies:

McEwan Mining +7.2%
Santacruz Silver +19.2%

[dt1010] 24/1/2018 19:51

Ray Dalio's gold buy last year was genius.

Bitcoin has double bottomed. $20-30k later this year. You buy something when everyone is talking it down.

[dt1010] 24/1/2018 19:49

Ray Dalio's gold buy last year was genius.

[kryptonsnake] 24/1/2018 19:25

PM's flying now. Will this gap up tomorrow or stay low for a little longer? Added some this morning and thinking of doing the same tomorrow.

Just need Cryptos to come crashing down some more, and then they will flock back into silver and gold.

[nav_mike] 24/1/2018 16:07

Last night in the closing auction, a couple of quite sizeable sell orders appeared (275k and 260k iirc).

I do think some decent size sells have been worked over the last few days, probably by some holders who wernt that enthralled by the production report and guidance.

Yes theres buying today, but its being negated by a constant flow of new sell orders - probably all part of some larger algo trade

[charles clore] 24/1/2018 15:11

Juju - well I see it like this. Either HOC was grossly overvalued last year when gold and silver were dragging along the bottom, or it is somewhat undervalued now that the share price is almost a pound lower and PMs are in their ascendency. Nothing has changed for the worse in HOC fundamentals except they get more bucks for every tonne processed. Not much selling happening so what is holding back the price?

[juju44] 24/1/2018 15:05

HOC must have a blindfold on . Can't see silver

[edjge2] 24/1/2018 14:45

GOLD up quite a bit from 1330 but HOCs response a bit muted. If 1350 busted then I suspect skyrocket starts.

[kryptonsnake] 24/1/2018 14:31

If PM's can maintain these gains HOC should start to move up (eventually).

[lauders] 24/1/2018 14:29

Are gold and silver going to take-off here or do the usual and disappoint after being knocked back? Looks promising for a new leg upwards. Hopefully HOC will join in. Less debt now, higher metal prices will mean higher profits and generally things should be very positive for this FTSE 250 company. FRES also a bit stronger today.

[juju44] 24/1/2018 14:26

Interesting now with the metals . Where will the yank crook machine take them . About to find out

[charles clore] 24/1/2018 14:06

Maybe they are taking their metals and converting them to cryptos. This is the first sign of self-regulation. Both should do well as the rate of crypto adoption takes off in the coming months imho.

[onedayrodders] 24/1/2018 12:33

$1350 being protected IMHO .. let's see

[onedayrodders] 24/1/2018 12:31

a $ crisis is a PM dream and it's underway

[juju44] 24/1/2018 12:25

leaves just might be right again