Hochschild Mining Share Discussion Threads

[hectorp] 13/11/2016 14:47

Will Yellen want to do anything at all in December?

SG best of luck Tuesday (US Markets closed Monday).

PS rising US bond yields and rising US inflation.. when the PM's recover it will be powerful.

[topicel] 13/11/2016 12:14

So charts aside SG, we appear to have two probable events coming, namely an interest rate rise in the States in December and because of what Trump proposes in terms of an expansion programme and tax cuts, more inflation and therefore more interest rates as prophesied in 2016 but failed to materialise.

How does this help PMs? Are we relying on more massive QE to square the circle?

Question is open to all as I keep struggling to understand how silver and gold can prosper with a rising dollar fed by inflation?

Topicel

[saturdaygirl] 12/11/2016 19:58

If we buy the bottoms and sell the tops ....

[hectorp] 12/11/2016 19:55

This crash has allowed the over positioned longs to get out, of that Nov Contract, I am reminded of chip's post last week! Always consider the overall picture.
I am still stunned by the fall, but OK, so get on with things.

[saturdaygirl] 12/11/2016 19:55

H

Had Tues or Wed for adding/buying but see a very red day Monday for Silver even more so than Gold though Gold has already taken the beating .

[hectorp] 12/11/2016 19:52

My planet says buy, SG.
There is massive upside imminent, on oversold short term charts, in silver and the miners.. one, or two days time ( talking silver not HOC)

( Mon -Tues) not later. get your longs on and defy the chill of a cold November.
This last week is simply volatility.

[saturdaygirl] 12/11/2016 19:46

Just a little more pain here , maybe £2.35 and my £2.10 may not get filled .


free stock charts from uk.advfn.com

[johntrustee] 12/11/2016 15:40

It is "Buy on the dips and sell on the peaks", isn't it?. I think/hope this is a dip not a slide. The basics of the company are so strong that it could still do well with gold at $1,000. For it have a PE ratio of 6 is hard to understand. I am sticking with HOC. I'm sure that if I sell a chunk of shares it will zoom up the next day. That is not conspiracy theory, it is just the way markets work.

In the long run the fundamentals count, but as John Maynard Keynes said "In the long run we're all dead".

[spagnolia] 12/11/2016 14:12

They were calling for multiple interest rate rises in Feb 16- look what happened to PM's!! :-) All noise...

[kfr20] 12/11/2016 12:31

Multiple rate rises are very likely stateside next year. US now of course also likely to take on further huge debt to fund ambitious infrastructure projects, as Trump intends to kickstart the economy. I believe the debt ceiling issue will therefore be very much in focus. Against this backdrop why would anyone not favour pm stocks?

[goldenshare888] 12/11/2016 11:28

Going to the sales on Monday, HOC is top of the list.

[npp62] 12/11/2016 09:47

What form does your hedge take if you don't mind me asking

[dt1010] 12/11/2016 08:30

I am hedged Top, get over it.

[topicel] 12/11/2016 08:06

DT! You make no sense. On the one hand you say PMs are gonna fall yet maintain these are buying opportunities!

Get real. If you had the courage of your convictions you would sell the lot and await the bottom, or where you perceive the bottom to be.

That is if you actually think January lows are on the cards for those that "missed them" to quote you.

Even a retrace to July levels would be very damaging to the wealth on paper of holders here. And as you said, you (nor I) have a bottomless pit of money so in that regard you must be hedged elsewhere or you're open to disaster or a very long period with paper shares heavily underwater.

Hopefully it won't come to that. Already the weekend press is noting how the worst of Trump's rhetoric during the election is being reigned in. Reality will hit home and the market will see that he has not much more wriggle room than the Democrats had, even with Congress in his hands. Which, as most were offended by him too, they really are not!

Topicel

[panic investor] 12/11/2016 07:31

Multiple interest rate rises in the US 2017 - reported

[dt1010] 11/11/2016 19:18

Yes H

This is for those who missed the Jan lows...another chance to climb aboard over sold prices and the mega bounce.

Where the low will come and when, perhaps only JPM knows that. And maybe Goldman.

Either way, both silver and gold are raging buys at this level, they have to be.

IMO DYOR

[hectorp] 11/11/2016 19:08

Talk about some buying opportunity !
This has the big guys salivating. JPM and the Funds will be salivating like a senile Wayne Rooney at the thought of buying at a low price bargain of the Century.

[dt1010] 11/11/2016 19:04

This too will blow over. Deep falls offer great prices for new entrants. Also bullion is at discount prices you could say.
I don't have some bottomless pit of money. If I did lol I wouldn't be on here. But I can weather this storm because fundamentally nothing has changed.
It is just post electoral volatility.

[hectorp] 11/11/2016 18:30

Lol Wait for Griffith's ist goal against the English.

[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!)