Hochschild Mining Share Discussion Threads

[shakeypremis] 10/5/2017 20:02

Miners do tend to lead. Let's see if gold and silver follow.

[saturdaygirl] 10/5/2017 19:03

US Miners are moving , exciting times



GDXJ gaps up



JNUG Gaps up as well

[dt1010] 10/5/2017 17:41

Too long indeed, it's about time we find ourselves saying 550p soon again ;)

[goldenshare888] 10/5/2017 17:27

Hope so DT, it's been going backwards for too long!!

:))

[goldenshare888] 10/5/2017 16:42

Well done DT!

Do we have a large inverted H & S pattern on the 7 year chart here chaps?

[dt1010] 10/5/2017 15:49

Lol shakey.

Off topic. I tipped SHOP on here at $70 a couple of weeks back. Now $92. Other one I mentioned NVDA is up 15% today on q1 earnings beat. Different market the tech market in NY!

[stevea171] 10/5/2017 15:44

Bill Holter Asks, “What Are the Chances of Gold Being Down 17 Days In A Row?”
Posted on May 9, 2017 by The Doc

Assuming manipulation wasn’t involved, once every FIVE HUNDRED AND TWENTY YEARS…

[shakeypremis] 10/5/2017 15:04

They'd never let riff-raff like me in

[stevea171] 10/5/2017 14:28

HOC AGM tomorrow in London. Anyone from here going?

[saturdaygirl] 10/5/2017 12:53

Agreed ..

And Investing.com charts are so easy to use .

[pediment] 10/5/2017 12:46

It was a may of the I did variety not on ADVFN though. Much smugness all round. Cheers

[majorpain2] 10/5/2017 12:42

Biggest problem with Bitcoin?

Stick gold under you bed and come back in 20 years, someone will buy it and it wont have crumbled.

Stick a usb with bitcoin on it under you bed and come back in 20 years, will anyone accept it and will the USB still work?

IMO it isn't durable if you want it 100% safe, and it has no intrinsic value. In the future someone may find a way to "print" more bitcoins, never underestimate techy people.

[saturdaygirl] 10/5/2017 12:41

pediment

I am more smug and definitely posted here !

You only maybe did ?





The Harami Cross on Gold looks the real deal this time

[dt1010] 10/5/2017 12:35

Bottom is in

[pediment] 10/5/2017 12:29

hxxps://invst.ly/3xdtz

The P indicates a bullish reversal (engulfing bullish).

I may have mentioned this a couple days ago so am feeling slightly smug now lol.

Cheers everyone

My post from LSE

[stevea171] 10/5/2017 12:24

HOC chart. Look back to that engulfing candle 3 days ago. To see what happens next there is the previous one on 10th March ....

[shakeypremis] 10/5/2017 12:18

I don't care if they think it is worthless or not. All I am saying is that it is intrinsically worthless.

Any interest rate rises will be good for gold (and silver by proxy) if history repeats itself. There is no chance of global growth picking up. Zero.

[4spiel] 10/5/2017 12:13

The only hope for gold for some time is that Fed will be inhibited in raising rates sufficiently to address inflation. Silver on the other hand has a better outlook provided industrials show strong growth

[richkid71] 10/5/2017 11:57

Bitcoin, worthless ? Tell that to the folks that have made a shed load of REAL cash in a short period of time. Good on them I say.

[shakeypremis] 10/5/2017 11:51

BitCoin is intrinsically worthless. It doesn't even represent anything like money does. People are going to get wiped out.

[stevea171] 10/5/2017 10:50

If and when this bubble pops some of the funds exiting may seek out the PM's as the next asset class to challenge the mighty dollar.

$25 Billion in 30 Days: Are Cryptocurrencies in a Bubble?
Charles Bovaird | Published on May 8, 2017

The combined market capitalization of all public cryptocurrencies has surged nearly 80% over the last month, as more than $20bn worth of new investment dollars has flooded the nascent market.

In roughly 30 days alone, the market cap for experimental blockchain-based cryptographic assets has ballooned from $27.8bn to $49.5bn, according to data from CoinMarketCap, with the strongest gains observed outside of the market's historical leader, bitcoin.

A closer look reveals the total market cap of so-called 'altcoins', cryptographic tokens that seek to serve alternative use cases to bitcoin, has surged to $23.5bn, up more than 600% from just over $3bn in early March.

Amid this sharp rally, some market observers have expressed concerns that the asset class may have entered a speculative bubble.

When supporting his argument, Jacob Eliosoff, a trader who runs a cryptocurrency fund, pointed to not only to the price gains, but also the fact that so many cryptocurrencies – including those that haven't seen technical or business progress – have risen in value.

Eliosoff told CoinDesk:

"I've been making the bubble argument for weeks. Doge, Dash, Litecoin, Stellar, Gnosis ... practically every coin has surged."

He further cautioned that this development is "a sign of unthinking buyers that will sell as soon as the tide turns."

Daniel Masters, director of the regulated investment vehicle Global Advisors Bitcoin Investment Fund (GABI), offered similar sentiment, emphasizing that even cryptocurrencies with smaller market caps – like litecoin, ether, namecoin and ripple – have all experienced strong gains over the last few months.

He told CoinDesk that he believes "sentiment [is] too strong," noting that between this and record prices for cryptocurrencies, a bubble may be forming.

While the aforementioned analysts provided cautious viewpoints, other market observers were more optimistic, asserting that cryptocurrency prices have significant room to appreciate despite current prices.

Harry Yeh, managing partner of Binary Financial, took a bullish slant, telling CoinDesk that "there's still quite a ways to move" as more investors take note of big gains in the sector.

Tim Enneking, chairman of Crypto Currency Fund, also spoke to the market's potential. "I would agree that prices have increased too far too fast, but I don't think it's a serious problem – more like a buying opportunity," he said.

He elaborated on this statement, pointing out that it is challenging to determine the "true value" of a cryptocurrency:

"I'm not sure I would label it a bubble, at least not yet. It's quite difficult to definitively state what the intrinsic value is or should be of an altcoin," he said, adding:

"Property is worth what people are willing to pay for it."

hxxp://www.coindesk.com/25-billion-30-days-cryptocurrencies-bubble/

[stevea171] 10/5/2017 10:28

This kind of action in Bitcoin and alternative cryptos is likely to place fund attention on real money alternatives to the dollar - gold, silver and the PM miners.

Bitcoin Price Tops $1,700 to Set New All-Time High
Pete Rizzo. Published on May 9, 2017

The price of bitcoin continued its recent tear today, rising $60 on the day to cross the $1,700 mark for the first time in its history.

At $1,700, bitcoin prices are up 70% already on the year and around $200 on the week, having climbed from $997 in January to set a string of new highs. Minutes before press time, bitcoin's new all-time high on the CoinDesk Bitcoin Price Index was $1,710.96.

As reported by CoinDesk, the uptick comes at a time when broader interest in the crypto markets appears to be increasing and winning new investors. While bitcoin is up 70%, alternative cryptocurrencies are up 600% since March.

hxxp://www.coindesk.com/bitcoin-price-tops-1700-set-new-time-high/