Hochschild Mining Share Discussion Threads

[juju44] 01/8/2018 11:05

Anyone for a double bottom here ? If it isn't run for the hills

[stevea171] 01/8/2018 10:34

Fleckenstein: Inflation Is Coming, Pass It On

About inflation: it showed the ease with which price increases are going through.

According to the CEO of Lennox International, a heating and cooling manufacturer, “We haven’t seen any pushbacks…We’ve seen all our competitors announce similar price increases.” The article concludes with a quotation from the CEO of office furniture maker Steelcase, “It’s been a long time, if ever, that we’ve done two price increases back to back as quickly as we did.” The article had previously noted that there wasn’t much pushback on that.

Inflation has been with us for a while, but it is going to increase for a variety of reasons, and at some point psychology about it will change dramatically, which won’t be helpful to financial assets. Once it becomes a problem, it will be impossible for the Fed to fight it given the box it has engineered for itself.

[onedayrodders] 01/8/2018 08:33

hmnn ... can't help feeling PM's are about to make the next leg down v soon and too close to break even production costs.

And with HOC share price seemingly looking over quite a cliff edge possibly another test of 2016 low and another superb multi bag opportunity.

Will be watching and waiting if that plays out ... with Trump continuing to hypnotise the Yanks and the world that mainstream financial markets and dollars are the only game in town, it's not unthinkable miners are bashed down to closing down sales again.

I remember entering at 60p with just me and Goldenshares here for months.

[juju44] 01/8/2018 08:12

gold flight might be more appropriate

[edjge2] 01/8/2018 07:43

Gary thinks there are signs of a gold fight
hxxps://blog.smartmoneytrackerpremium.com/

[dt1010] 31/7/2018 16:20

I will keep buying for Kids.....

[juju44] 31/7/2018 15:51

Charlie. 260p

[dt1010] 31/7/2018 15:51

I should...buy when there’s fear sell
When there’s greed

There’s no greed here.

[charles clore] 31/7/2018 15:44

juju - where was that gap? Around 85p wasn't it?

[dt1010] 31/7/2018 15:13

Nah, I haven’t bought. My kids have this. Do I keep buying it? That is the question.

[juju44] 31/7/2018 14:19

Yanks have arrived for the metals

[charles clore] 31/7/2018 14:16

DT - I told you to have a look at EUA 3 weeks ago. Did you even bother? It bagged since then.

[edjge2] 31/7/2018 14:09

Thanks DT, storming shop results, may kick up quite abit today, yeh FB derserved what it got.
Meanwhile HOC below 180 so need to rustle up some cash for this ridiculous price. DT just buy on the dips IMO. Best way to deal with it.
Gold being attacked but seems unable to break 1210

[juju44] 31/7/2018 12:08

DT , you moan too much , too negative. You could take the loss and move on or switch off and wait for the rebound. I will phone you when it happens .
We cant have it drop any more or it becomes another leg down

[edjge2] 31/7/2018 10:41

DT thanks, amazed at the drop in shop but results today, down 15%. Suppose profit taking but I should have waited for top up day before results but there we go.
Hoc offering another buy chance and HGM on radar.
Banksters sure filling their trucks

[stevea171] 30/7/2018 12:32

Further to the above it seems Vanguard has been reducing here in preparation for a change to the remit and name of their Precious Metals and Mining Fund (VGPMX).

That $2.3B Vanguard Precious Metals&Mining Fund was more than a name change(to Global Capital Cycles Fund). Mining stocks (mostly gold stocks) as % of fund drops from 80% to 25%. May explain why big-cap precious metals stocks have been oddly under performing smaller names.

Vanguard Makes Changes To Two Active Equity Funds
Jul 27, 2018, 11:00 ET

VALLEY FORGE, Pa., July 27, 2018 /PRNewswire/ -- Vanguard today announced changes to two actively managed equity funds. The $2.3 billion Vanguard Precious Metals and Mining Fund (VGPMX) will be renamed to Vanguard Global Capital Cycles Fund as part of a restructuring intended to broaden the fund's mandate and diversify its portfolio. Wellington Management Company LLP will manage the fund effective today.

The restructured Global Capital Cycles Fund is intended for investors with a long-term time horizon who seek a complement to their core global equity allocation that exhibits lower correlations to the broad equity markets. The new strategy and name are expected to become effective in late September 2018.

In managing the fund, Wellington Management will adhere to a capital cycles strategy as its primary investment approach, seeking to capture opportunities in commodity-oriented industries, such as the materials and natural resource sectors, which follow cyclical patterns. The strategy will also focus on companies that own irreplaceable or scarce infrastructure assets primarily in telecommunications and utilities. While the fund will maintain meaningful exposure to precious metals and mining stocks, the capital cycles strategy encompasses a broader opportunity set from which to identify return potential.

[rrr] 30/7/2018 11:06

I didn't know that but I hope it will one day be possible. Thanks.

[stevea171] 30/7/2018 11:00

rrr. Glad you like the thread and I agree with your sentiment .... but .....
There was a reason why the charts were removed and the thread split which caused all posters and readers plenty of angst at the time last year.

I don't know when or if we can return to how it was.

[rrr] 30/7/2018 10:44

steve, would it be possible please to add some charts to this thread? I like this thread a lot and if it had charts like the other one it'd be even better - thanks!
rrr

[stevea171] 30/7/2018 10:30

ITCF. Vanguard has been reducing their holding over the past couple of years. Seeking Alpha say they have sold around 35 million shares in that time.
Their holding is now down to 3% so it's impossible to say if they will reduce further or leave it like that ....

[ifthecapfits] 30/7/2018 09:59

Who is the aggressive seller?