Hochschild Mining Share Discussion Threads

[topicel] 11/11/2016 17:06

Thanks Chipper.

So 96m means what then? Includes housewives who aren't looking for work too? Another unclear number. The 62.8% participation rate says more, but also must include those in part-time work, maybe those with multiple jobs to make ends meet etc.

Is it saying 37.2% are unemployed? Because again there are plenty who don't participate for reasons like 'housewives' and the idle rich. But whatever, we all must agree the reality is vast swathes of America are not doing so well. Hence Trump.

The market's as ever care not a jot as long as the ball keeps rolling for them. Can gold and silver rally against this or are we going from a bear market to a full blown route? Back to where we were late 2015?

It cannae take much more Captain. She's gonna blow...

Topicel

[dt1010] 11/11/2016 16:58

people worry too much about short term day to day movements.

My holdings here were bought for the next 3-5 YEARS with the majority of it at 70p

:)))) eh juju x

[pixi] 11/11/2016 16:58

I managed to get out at a prof and back in cash. I suspect it's going a lot lower.

[hectorp] 11/11/2016 16:55

That's a real hiding for silver, - how can businesses trade and miners mine when such crazy movement is taking place.

Should put a long position on silver here, so oversold we could have a jack-knife recovery for the PMs any day ( well not tomorow!)

[juju44] 11/11/2016 16:00

Where is the DT ramper clown who said others were going to look stupid

[andyc100] 11/11/2016 15:45

How bent are the markets !!!

Precious metal shares taken down heavily yesterday and again today well before gold/silver were smashed today.

How is this allowed!!!

[chipperfrd] 11/11/2016 15:29

Topicel

I think the figure for workable-age population who are out of the job market and not even counted in the unemployment figures is c. 96m.

The actual labour force participation rate was 62.8% in October 2016.

[onedayrodders] 11/11/2016 15:23

Topical .. v interesting

[goldenshare888] 11/11/2016 15:12

$1230!

TPTB really going all in on this smash down!

What a ride, who would have thought it.

Calls for $1400 GOLD post Trump win look a little premature!

[goldenshare888] 11/11/2016 14:59

TPTB pulling PM trousers down and giving them a good hard (shakeout) thrashing.

The great unwashed must repeat ad nauseum:

We must trust reckless governments and central bankers and give them ALL our money.

Paper money is real money.

We must not invest in real tangible assets, only the rich must do this.

We must all work for a diminishing return.

What PONZI scheme.

We are all idiots.

etc etc

[topicel] 11/11/2016 14:45

ODR - on Question Time last night the spokesperson for Republicans Overseas mentioned that one third of the 320m US population were jobless. When pushed on that by David Dimbleby she corrected that to 80m, which isn't exactly one third, but if true a damning figure nevertheless.

Assuming this includes babies, children, pensioners and the silly rich (like Trump himself of course) who can afford to be idle, that still leaves far, far more than the nominal 5% unemployment rate.

Add in all those on zero hours and the like, negligible bar steward salaries and so on and the US economy is not doing well as you say. The figures are simply masking the reality. Discounting people not actively looking, or looking for too long is just adding to the falsehood.

So whether it's 80m or 20-25% unemployed/jobless, it really is awful. And yet an interest rate rise isn't for them either way, so we'll probably get it hence the current suppression of PMs.

Topicel

Edit, just read on and see H has made the same points. Wasn't it the Republican Overseas lady though H?

[goldenshare888] 11/11/2016 13:58

Rodders,

"who will fund his plans for a measly 1 or 2%?"

Banks that get issued free money from the FED.

The greatest PONZI SCHEME EVER?!!!!

Great business if you are one of the insider banks!

Just robs the people who have to pay the government to give their money to banks for nothing!!

LOL (not)

[panic investor] 11/11/2016 13:54

bought back in here today

[pixi] 11/11/2016 13:37

Hec, the unemployment numbers people are given are from the US government and do not reflect the real number of unemployed which is much higher than the official version.

Official figures from ANY government are suspect because they are always trying to paint a rosy picture that everything is alright and people have nothing to worry about. We live in The Age Of Deception. What we are told by government is not necessarily the truth. Brexit proved that when they wheeled out the Doom and Gloom merchants like Mark Carnie, governor of the Bank of England, to persuade us to vote Remain.

[lauders] 11/11/2016 13:27

Silver heading up again now (perhaps a temporary blip!) and HOC is down as per FRES, so sector specific and nothing HOC related. The debt is still be reduced here hopefully and the income at higher rates than earlier in the year is coming in. So nothing to be concerned about in the short-term. Just wish we were above 300p ;-)

[hectorp] 11/11/2016 13:23

Guy on Question time last night said true US unemployment ( must include all unregistered) is 30%. He as not contradicted by two Yanks on the panel. It brought a few gasps.

Surely silver is going to follow copper ( ie up) . Anyhow, lets all give the US markets a few moredays to settle. After all only ONE of the following can do well at the same time: USD, US Bonds, or the share market.
So either the USD will spike down, or the Share market ( bonds already are).

[saint in exile] 11/11/2016 13:20

We will soon discover we cannot eat money

[saint in exile] 11/11/2016 13:19

Yeah and the Dow at an all time high..crazy!When this crashes it will be so catastrophic it will do no-one any good even those holding pms and mining stocks i fear

[onedayrodders] 11/11/2016 13:01

I think the vote from the US election proved just that saint.

Why would a country change parties when they have unemployment at record lows 4.9% ?
That's because it's a phony number and the reality is somewhere between 20-25%.

How can you discount people that are exhausted looking for work that just isn't there !!

Any country with that sort of unemployment number cannot be enjoying a wonderful economy.

[lauders] 11/11/2016 12:59

Disappointing to see that HOC has declined. I was really expecting the opposite and so nearly sold my last top-up the other day when we reached the 280p area. Seems I should have done but I really thought we were heading back up then! Ah well... More patience needed.

kfr20 - Also look at FENR. Not as coal specific as APF but still related and charts of both companies very similar over a long-term view so far.