Hochschild Mining Share Discussion Threads

[onedayrodders] 15/3/2018 10:29

If you are into charts and looking at Christopher Aaron's symmetrical triangle on Silver...it's pretty hard to argue they are a good tool.

What's more concerning is we are hugging the bottom of the support line which he says if breaks through the downtrend, the PM bull market is shelved for 18-24 months at least. And a break either way has to happen within the next 6-8 weeks.

To cut to the chase go to 9 mins 13 seconds.



I'm not into charts but have to admit it reads very compelling

ODR

[richkid71] 15/3/2018 10:28

Pathetic. makes your 550p+ look ridiculous.

[dt1010] 15/3/2018 10:04

150p Rat.

Only in a crash do I think that will come.

And a crash we are likely to get.

[goldenshare888] 15/3/2018 09:37

It feels like having your trousers pulled down and being repeatedly caned!

Ouch....!

[rathean] 15/3/2018 09:04

So where is the support level if this plummets through 200p? The chart offers few clues, seems susceptible to a sizeable fall if general sentiment remains negative imo.

[edjge2] 15/3/2018 08:21

OTT May be cheer to you DT, seems anti pot Jeff Sessions may be lined up for firing, POT stocks away!

[juju44] 14/3/2018 19:51

Try a nice bottle of Soul Tree reserve, - Its an Indian red . Very unsung - thankfully - JJ

[onedayrodders] 14/3/2018 15:55

can you cheer me up now

:O(

[juju44] 14/3/2018 15:38

Thanks for cheering me up ROd

[onedayrodders] 14/3/2018 15:28

Juju ... remember what I said the other day about the fake US roaring economy ?

just out >>>>

Atlanta Fed GDP Forecast Plunges Below 2.0%

From its exuberant 5.4% expectation for Q1 GDP at the start of February, The Atlanta Fed's guess has collapsed to just 1.9% as CPI and retail sales disappointments weigh on their outlook.






5.4% to 1.9% in just a month !.. how do these incompetent clowns get away with it .. oh yeah it's those thick yanks.

By the way when the Atlanta FED first came out with their 5.4% GDP estimate a month ago, Peter Schiff predicted then they would eventually come back to under 2%.

[stevea171] 14/3/2018 14:23

Gold still under medium term pressure forcing the 14 day MA to trend down over the past 6 weeks but it remains well above the 200 DMA which is encouraging. Significant divergence with silver.



Silver is under maximum pressure from the cartel illustrated by the long term falling 200 DMA and the 14 day MA falling for the past 6 weeks and below the 200.

[obbig60] 14/3/2018 11:23

Sorry to go slightly O/T, but I wonder if there are many here who buy physical silver through Bullionvault?
I've recently been frustrated by the large differential between the price of silver at Zurich (the vault I chose) and the other locations. This only seems to apply to silver and not gold.
Here are the prices from the Bullionvault website a few minutes ago: ( Gold in GBP/oz and silver in GBP/kg )

Location Gold buy/sell Silver buy/sell
Zurich... £951/949.. £393/386
London. £950/949.. £386/383
New York £952/947.. n/a
Toronto. £951/949.. £389/382
Singapore £951/948 £389/382

For comparison the actual prices at the same time were gold = £949/oz and silver £382/kg.
I've got used to Zurich being a little more expensive for silver than London but the differential has increased in recent weeks to the point where the price to buy is often 1-2% above the other locations.
Is this a manifestation of the "exchange for physical" scam at Comex?

[onedayrodders] 13/3/2018 17:42

True Top.

I'm becoming worn out though ...it cannot be a co-incidence that for the majority of the time Silver is only a few $ over production.

ie not low enough to mothball and at the same time not high enough to take money out of the mainstream bubble stocks.

Sighhhh

[stevea171] 13/3/2018 17:32

Hungary's Gold Repatriation Adds To Growing Protest Against US Dollar Hegemony
Tue, 03/13/2018

Hungary's Gold Repatriation Adds To Growing Protest Against US Dollar Hegemony

- Hungarian National Bank (MNB) to repatriate 100,000 ounces gold from Bank of England
- Follows trend of Netherlands, Germany, Austria and Belgium each looking to bring gold back to home soil
- Hungary one of the smallest gold owners amongst central banks, with just 5 tonnes
- Central bank gold purchases continue to be major drivers of gold market
- Decisions to repatriate and increase gold reserves come as rifts between East and West widen

Russia, China and Turkey leading the gold rush

Hungary's decision on gold repatriation was not something that made the mainstream news. After all, 100,000 ounces is very little when you consider that Russia increased its physical gold exposure by 20 tons in January 2018 alone.

Hungary decision is, however, a major comment on the current mindset of countries that feel they need to start working to protect their finances and borders. Hungary's political changes are widely known and have been criticised extensively by both the EU and wider Western world.

The decision to bring gold home is a statement that says Prime Minister Viktor Orban would rather have the country's assets close to home rather than in the hands of a country that perhaps does not have his own best interests at heart.

[topicel] 13/3/2018 15:57

Fake or Russia/Tillerson/Syria/NK (Stevea still favours trouble ahead there) among other things that usually bounce PMs?

Juju keeps forgetting that owning fiat is not necessarily the smart longterm move, or things that back it.

But seeing as we all now live 'in the moment', I guess he has a point. Envy it's called too.

Topicel

[onedayrodders] 13/3/2018 14:57

another fake PM move .... Yawwwwwwwwwwnnnnnnn

[juju44] 13/3/2018 13:24

But they are making money and we are not . Does that make them more stupid than us ?

[juju44] 13/3/2018 11:03

I have stopped believing all that stuff. It has cost me a fortune

[topicel] 13/3/2018 10:19

It is juju, but like pigs in it some like to wallow for a long, long time.

We just are more sanguine and patient and can see what the rest can't. That they are billionaires and in the 1% shouldn't deter us. I mean the righteous and all that...

Topicel

[stevea171] 13/3/2018 10:10

Rhu. You have had an interesting life. With all the solar, wind and water generation these days your experience would be in big demand. Sheep farming has always appealed to me but it's a tough life. I look for wild and remote areas to stay and for walking.
We have recently had a Rhino greenhouse installed. They are the strongest you can buy so have been installed in the Shetlands, Scotland and elsewhere as they do not blow away!

Sounds as though your Broker is more clever than most of them if he is successful in trading your portfolio .... !!

[hectorp] 13/3/2018 09:43

Goodness that sounds interesting!

[eeza] 13/3/2018 07:57

Today's chart mirroring yesterday's nonsense.

[edjge2] 13/3/2018 07:49

Maybe can rebuy in 180's

[charles clore] 12/3/2018 17:46

Once this broke down through 220p it was curtains