Hochschild Mining Share Discussion Threads

[majorpain2] 25/5/2017 20:54

Bitcoin LIKE a tulip bulb? 13% crash this afternoon, that looks suspiciously like a blow off top to me. Watch it return to its intrinsic value IMO.

[dt1010] 25/5/2017 19:35

I don't agree Bitcoin will be outlawed. There is a big future for crypto currency, not all the different types on offer now but a handful. It's the nascent alternative to fractional reserve banking which has clearly not worked. Good and silver will always be valuable, precious and rare. But those who say Bitcoin is like a Tulip bulb are over simplifying and expressing quiet anger that they missed the boat entirely.

[charles clore] 25/5/2017 18:37

The thing is, people are buying bitcoin and they see it as a safe haven. It is not. Whatever happens when the shtf governments will outlaw bitcoin. Wealth will be squeezed from bitcoin like wringing out a wet rag. Bitcoin holders will desperately try to get into precious metals but it will be too late. The only reason they are holding gold and silver down is because they know that we are heading for a gold and silver based system. Having said that I am still tempted to buy a few bitcoin, but I can't passhe ID check!

[dt1010] 25/5/2017 18:13

So you think PMs will get smashed up a bit do you ahead of this Fed rate decision juju?

[juju44] 25/5/2017 16:57

PM shares will go nowhere until the mafia decide to take the metals up. No sign of them allowing that for now

[topicel] 25/5/2017 16:42

But not if the market sees it coming this time. Hence the Bitcoin surge.

I reckon there will be a nice run up even in PM shares until TSHTF. Just be nimble!

For instance, if the £3 goes I'd hold tight but set stops regularly on the ride up.

Just saying.

Topicel

[edjge2] 25/5/2017 16:16

Car/student loans in states, don't think they have troops in streets yet. Trouble is gold will crash with markets at first as 2007.

[majorpain2] 25/5/2017 15:06

hxxp://wolfstreet.com/2017/05/24/toronto-house-price-bubble-pops/

Sound like its getting nasty in Canada, Greed got the better of people like 2008.

[dt1010] 25/5/2017 15:00

May is going nowhere, let's not kid ourselves.

[dt1010] 25/5/2017 13:40

Moi just bought more
Glutton for punishment or Mr Wannerbe 550p in motion?

[majorpain2] 25/5/2017 13:28

US/UK GDP at 0.2% for Q1 2017. The cynic in me thinks that Theresa May knows the economy is about to fall off the cliff and wanted to get the election out the way as soon as poss.

The West desperately needs another injection of free money, or its (consumer anyway) is in trouble.

[topicel] 25/5/2017 08:00

And the interest on them.

Exploration and production increases as Stevea always points out, are adding to the happy mix here.

Just the macro scenario is stalled, not the company, and that won't remain so for much longer. Fed minutes were disappointing to many that, even if June is pencilled in, then no certainty they'll go for a third this year as muted last December.

Still reckon Comey/Russia is going to play out again next week to the disadvantage of the dollar and the benefit of PMs and related investments like HOC.

There might be a need to bounce of this level well today however.

Topicel

[lauders] 25/5/2017 07:57

We know that the story is good here. Just needs the market to agree and for the precious metal prices to keep climbing. The higher the latter go the better for HOC and in the long term the better for shareholders. Just have to stick with it IMHO.

[shakeypremis] 25/5/2017 07:54

Don't forget the debt is nearly paid down. Imagine the what the profits will be without debt repayments cutting in to them.

[dt1010] 25/5/2017 07:49

Yes it will, soon.

Remember. Next year's revenues will be 75% ahead of 2017.

The market will forward price that.

Hence why a value of 550p will be realistic in 2018.

[majorpain2] 25/5/2017 07:24

No, sell all your shares and buy Amazon? Main market only goes up up up! Until it doesn't...

[simonthe1st] 24/5/2017 23:47

Is HOC ever going to get above 300p again?!@!

[topicel] 24/5/2017 21:59

That is the truth indeed DT.

What then is the answer? Ultimately whether your name is Rothschild or Stalin you look out for yourself and yours.

Looking forward to some gains here tomorrow as fed speak angst takes hold. And by next week more Comey/Russia fun once Trump has had his little foreign trip.

Bad for dollar, good for PMs.

Topicel

[juju44] 24/5/2017 21:47

Thats why they are smart. You dont know their hand

[dt1010] 24/5/2017 21:45

Who are 'they'?

Because if you're a homeowner and you have made £100,000s of equity or if you've owned shares, art, wine, classic cars.... Then you've watched the value of it soar over the last 10, 20, 30 years+

And so are you not, are we not, the biggest hypocrites for hating their money printing, market manipulating, interest rate cutting ways?

It is everyone who owns assets that has benefitted, not just the Rockerfellers and Flemmings and Hambros and Rothschilds.

We haven't done badly ourselves, though we scoff.

Let's not kid ourselves. No one will escape a deflationary collapse unharmed. So why not keep that deck of cards stacked ad infinitum eh? Despite it being the supposedly 'wrong' thing to do, to avoid a re-set.

Never have the rich been richer nor the poor poorer.
Do the rich really care?
Did they ever?

[killary cunton] 24/5/2017 21:14

Of course they can make money they know everyone else's hand.

[juju44] 24/5/2017 20:36

But they have got themselves the greatest riches of the last century . Now I reckon thats smart and the peeps here who think they are stupid have lost their hard earned .
Non?

[killary cunton] 24/5/2017 20:28

They're so intelligent they've got the world in the biggest financial hole ever.