Hochschild Mining Share Discussion Threads

[goldenshare888] 22/12/2016 12:38

I had lunch with someone VERY BIG who felt HOC would be 700p in 2017!

That is official.

:))))


NB. Thinking about buying myself an early Christmas present of more PM shares!

I am questioning my sanity but that is usually the best time for me to BUY!!

:))))

[dilbert dogbreadth] 22/12/2016 12:22

Where is DT we've normally had 10 posts by now backing his ( current ) position. Maybe he's having lunch with really successful/well connected bird who said she's been told interest rates are definitely going up about 8 times next year even if the economy goes into recession.

[goldenshare888] 22/12/2016 12:11

The mythical and mysterious 888 pattern has been printed/seen on HOC chart today.

Mystic Meg says bottom in and large gains to be had 2017!

:))

LOL

[goldenshare888] 22/12/2016 10:19

LOL

Everyone has got it wrong, it's going to new highs next year, it's just they don't want you to know!

Nudge, nudge, wink, wink!

[onedayrodders] 22/12/2016 10:07

dilbert ... by my reckoning DT has quoted Gold moving anywhere from $1 - $50,000
so I think he has it covered.

;o)

[goldenshare888] 22/12/2016 10:03

Hector,

The NIGHT MANAGER eh!

[goldenshare888] 22/12/2016 10:02

Me too pixi and big time!

The mythical 888 just flashed up for a couple of seconds on the HOC price - 188.8p and then it went up!

It's a sign I'm telling you!! I have noticed it a few times over the years and it NEVER fails to deliver!!

:))))

JANUARY 2017!! FIREWORKS!!

:)))))

[pixi] 22/12/2016 09:42

I think we're due for a bounce up in PM's - SOLG is doing well today and it's less glamorous cousin, GEO, is flat. I just need HOC to get out of bed and get it's gear on for the party! I'm long in gold.

[hectorp] 22/12/2016 09:30

mr Trustee is also quite erudite.

I agree with him.. short term it is best to stay entirely clear of the silver and miners until the 3rd of January, most firms are now off on vacation already. In low volume trading we know what can bed done at night on comex.

Trump, bitcoin and the Dow: this early honeymoon should not last more than a few weeks .

[dt1010] 22/12/2016 07:23

dilbert, it will go to $750 eventually I think but in the short term $1100 should act as support for the rally.

I expect we'll see a re bound v soon to $1250 in the spring on brexit woes..

either way I will be trading the rally when it starts

[rhuvaal2] 21/12/2016 21:10

sorry, John, but as a trustee you should learn how to spell :)

[saturdaygirl] 21/12/2016 20:38

The Wind ..

[dilbert dogbreadth] 21/12/2016 20:37

You said 750 yesterday what's changed?

[dt1010] 21/12/2016 19:34

there is a gap on the chart to 150p

but I have said when gold gets to $1100...the rebound will be very close..

but if $100 doesn't hold then it'll move sub $1000.

[breaktwister] 21/12/2016 16:24

Right on cue ZH answers my question....China. This is not good news for PMs.hTtp://www.zerohedge.com/news/2016-12-21/bitcoin-soars-3-year-highs-china-turmoils

[breaktwister] 21/12/2016 16:20

USD and Bitcoin now the safe havens, gold and silver worth just over what it costs to pull out of the ground. Strange world we live in.

[breaktwister] 21/12/2016 16:12

Can anyone tell me why Bitcoin is flying and has been since Trump won while gold and silver sink? Bitcoin the new gold? I'm not convinced but the market disagrees.

[hectorp] 21/12/2016 14:44

The Banksters, won't allow them to: or their under the table mafia connections. Remember JFK and Bobby.
Well, may " advisedly" I dont want no trouble!

Gentlemen,

$16 a line in the sand, or a pathway to $15:
the answer lies with gold, not silver: and I'd expect gold to retest last years lows . IF so Silver might, retest $13.85. Dont be shocked.

If so, HOC is under a pound and will repeat this year's marvellous 6 bagging swing upwards at some stage. Hopefully, next year.
Now I am not, a bear of PM's as anyone knows over 8 years on the PM and mining threads. I'd much rather we had seen the bottom, but we need something new to happen out there to get an improvement in PM sentiment.

[topicel] 21/12/2016 14:26

Hect, as to auditing Fort Knox, if you continue with the Dr. Sheldon and other gold standard supporters Trump is employing to advise him, you'll have seen that apart from indicating the US could unilaterally link to gold after pegging back the dollar to equalise the anti-competitive dollar that the Fed has created, and the other countries have exacerbated by their own devaluations, that they have even suggested QE to buy gold...

Yep, not for the benefit of banksters like the last ten years, but to properly aid the US economy. So aside from the executive order to prevent the Banksters raiding the gold to hit Comex etc. When they've wanted to their advantage, Trump can also get the Treasury to print to buy and supply any gold that has gone missing.

Interestingly they suggest it is done 'in secret', which, would just be an open secret except to Joe Public who haven't got a clue what has been happening with the last three QE's anyway. As far as it all went to the banks to pay divvies and buyback their own stock when it was muted as being done to pump up Main Street.

I'm sorry but whichever way you spin it the simple economic truth is always the same. Unless someone can answer it logically without diverting to other issues on the periphery.

The US dollar is too strong to allow Trump to do anything. Discuss.

Topicel

[dmitribollokov] 21/12/2016 13:49

If it stays like this today or drops further, the candle stick chart is gearing up for another decent leg down

[pineapple1] 21/12/2016 13:21

It is a H@S . They don't have to be symetrical . In fact they are usually the more reliable as seen by fewer people...
imho

[breaktwister] 21/12/2016 13:05

Silver only briefly dipped below 16 this week. If you think 16 is the floor then HOC is huge value at the current price (low 190s).

[hectorp] 21/12/2016 13:02

Many words in a large paragraph don't mean a thing to the share or share price regardless of a good speech. None of us are troops , we are individual traders investors or simply interested bystanders who have interests in the metals world. There is no general, there is only the balance sheet, which is the world of Law.
I'm assuming HOC is still producing at around the eleven dollar mark, so there is nothing to be concerned about the company or its future. I think we all accept this. But we are going to make a decision based on our own money, perhaps helped by a chart, or perhaps helped by fundimentals. Each to his own.

The Head and Shoulders aspect of the chart does look plausible to me ( ie the 130's) but only if silver falls to 15.
If not, we will get no more downside.
Now as to recovery of the sector after this recent drift in silver and gold miners, it is possible the upside momentum of " piling in" we saw in May-July, has left the sector in the eyes of the Fund Managers etc. It is also possible as someone else said, that money will switch into say, the Financial, or some other, sector. But that is a topic beyond my scope at the present time :-) It is also possible that the money has NOT done so!

H