Hochschild Mining Share Discussion Threads

[charles clore] 31/3/2017 14:22

Silver up now, here she goes...

[topicel] 31/3/2017 11:23

Stevea, thanks for your comments yesterday on the contribution to earnings of the average silver and gold prices - the continued climb will make the H1 totals better regardless of the jump in silver and gold around Brexit time. It wasn't a lengthy period.

Today I am looking more closely at the 200 dma graphs you posted above and notice they dropped below with Trump's election. Which, as we know, was a manipulation par excellance on the night!

The slow unwinding of those positions should occur soon - maybe the six month mark? - and then the rebound will be fierce I'd imagine, in line with the moves we were seeing when Trump's election win was first confirmed.

Tied in with US Government shutdown and the silver gold prices will rocket as they did when it last happened in 2011-13. Just looking at the history suggests that anyway.

Topicel

[topicel] 31/3/2017 11:17

Not long for 200 dma on silver for sure if you're Bix Weir and co.

The impact of this option expiry week has indeed been tepid and I'd expect something to break above after the financial year is finished.

And that has, along with the overhang of Eduardo's share sale, an impact on HOC too IMHO. Let that all clear next week and let's see how the buying of a quality company like HOC is boosted in the new tax year...

All things being equal the reallocation of fund money will then be done and we can continue the re-rate. Added to which the debt ceiling Stateside will begin to move front and centre, lest we forget!

On down or becalmed days it is so easy to overlook the macro trouble ahead for anything but PMs and related investments.

As discussed yesterday, it only needs a Sears to file for bankruptcy to create the havoc...

Topicel

[stevea171] 31/3/2017 10:50

The CB manipulators have managed to back off gold from the 200DMA for now but not silver.

Hoping to buy a bit of time? Hoping boredom will set in and this rise can be turned back yet again? Usually an options expiry week would have done a lot more damage.

How long before the 200 DMA's get smashed? End of month, end of quarter, end of year levels are important to the CB's for statistical basing purposes. To get them as low as possible on the last day has been a long term driver. My guess is next week being the start of a new quarter we may see significant break outs.

[dt1010] 31/3/2017 06:04

Silver has tangled itself in the 200 DMA, backing down today with a lower close. If silver intends to rise further, it has no choice but to advance & repair this little damage soon, as in tomorrow.

MoneyChanger

[onedayrodders] 30/3/2017 19:53

I think it just followed that mini spike in POS DT which worryingly hit the resistence line of 18.25 I mentioned earlier yet again.

[dt1010] 30/3/2017 17:11

top...no need for the demo of green eye ;)
Plenty more to come, I expect this to be 500p+ within 18 months.
But don't get hung up on what I say. Manage your own expectations.

Overhang cleared here?...

[topicel] 30/3/2017 17:03

Indeed Lauders, Sears and others are under severe pressure. This is explored partially in ODR's Kranzler link but will not get reported widely until the day it explodes in everyone's face.

There is no doubt the 2007/8 crisis was being monitored by some but who listened?

This time, consumer bricks and mortar stores and their struggles are just another symptom of the debt crisis in consumer credit and extends to car loans, student fees and other REIT-related issues mentioned above that means default is happening and will bring down the latest ponzi ...

The Fed members have been talking again but can't make much impact on silver these days. They know they can't increase rates given all the above, and more and more people are finally 'getting' it.

DT - two years since 69p is nearly up then mon ami! The point was the date and time of your choosing is exactly that, of your choosing. Not two years.

Topicel

[dt1010] 30/3/2017 16:43

Very much doubt that with the future value of silver supported by rising inflation and also the ramp up in production.....

A lot of money to be made here for shareholders. Dividends will rise too as time goes on...take more shares not the income...

This FRES and HGM are no brainers. Torex too.

[pillion] 30/3/2017 16:28

DT1010
30 Mar '17 - 13:36 - 11958 of 11963Wonder where we will be in 2 years

That's all I'm interested in 


Probably under S G's Gravestone Dobi !!

[february 30th] 30/3/2017 16:07

The second “black swan” seen by some...

If it is seen by some it is not a black swan. When are commentators on black swans ever going to get this?

[dt1010] 30/3/2017 16:00

From when I first said it top.. You know I have been in this since 69p

For me short term moves are irrelevant. I have the luxury of time. No point sweating the short term moves.

[lauders] 30/3/2017 14:05

Aren't Sears and some others in serious trouble per reports I read somewhere the other day. Where is all this spending taking place?

PS - Just made a search to make sure my memory isn't playing tricks:

[topicel] 30/3/2017 13:51

Lol, is that two years from now or two years from when you first said it DT?

Keep moving those goalposts and reloading and one day it'll work out. That's the nature of it after all....

US 4Q GDP revised up to 2.1% from 1.9% because, largely, the consumers keep spending, as they usually do in November/December.

Let's see what the data reads for Q1 2017 shall we?!

Topicel

[dt1010] 30/3/2017 13:36

Wonder where this will be in 2 years

That's all I'm interested in

[saturdaygirl] 30/3/2017 12:48

Do we have a reversal pattern forming here ?

[onedayrodders] 30/3/2017 12:44

A little nervous silver has repeatedly banged it's head on the resistance line of around 18.25 but failed to break ... as per gold.

Sort of backs up the belief from a few analysts that one last significant smack is on the way before we break to the upside for much higher levels.

holding my nerve and keeping some trading power dry

ODR

[goldenshare888] 30/3/2017 11:58

HOC: A VERY SAFE BET in my view.

:)))

[dt1010] 30/3/2017 08:00

Good consolidation here has occurred recently following placing...and may yet continue...but it's a precursor to a move higher on good numbers...if of course silver behaves to the upside...which I beleive it will....can't think of a finer place for my money tbh

[spagnolia] 29/3/2017 18:35

Good volume today almost treble yesterday!

[topicel] 29/3/2017 17:31

You're welcome Stevea. May I ask what you reckon was the average price achieved in 2016 for HOC's silver and gold? I bet it is lower than we are currently running at for 2017 and, I believe, there is no hedge this year...

In other words, the turnover and resultant profits might just be going gang busters again and many are not realising it.

All on the back of increased production which, presumably, we will hear more about over the first quarter some time in April?

A week of sideways movement is probably no bad thing before tax year end gets out of the way and PMs continue their slow but steady advance. At some point the penny will drop again about this money making machine...

Topicel

[onedayrodders] 29/3/2017 14:52

little surge in HOC as DWO opens red ... connection ? been saying that for a while