Hochschild Mining Share Discussion Threads

[juju44] 31/5/2017 15:08

Yawn , which August would that be

[dt1010] 31/5/2017 14:48

Juju let me know when you start looking at things positively? 2040?

It's the coming month I am interested in here...

Gold and silver will go on a tear....not wishful thinking but sh1t going to hit the fan for Trump in Aug.

You heard it here first people!!

[juju44] 31/5/2017 14:38

another metal smash by yank mafia. they will never stop until they choose - perhaps in 2030

[stevea171] 31/5/2017 14:27

Patience Lauders. Most of the PM miners on my list are down atm incl:
CEY, HGM, FRES, POG, etc

They will move together upward when they are good and ready which may not be when we want them to .... !! Apart from Bitcoin etc there is a fair bit of caution in the alternative currencies atm.

[charles clore] 31/5/2017 14:18

Should go positive soon imho

[lauders] 31/5/2017 13:47

Gold and silver up, HOC down. RRS up. Sure others are up too if I look. Why is it so hard for HOC to get above 290-300p? If I had any hair to pull out I would!

[stevea171] 31/5/2017 08:42

Stephen Leeb: "I’m offering yet another reason for betting on China: the battle of electric vehicles (EVs). It contains in microcosm much of the reason for China’s edge over us as the 21st century proceeds, an edge that we seem helpless to challenge.

For most American readers, EVs are virtually synonymous with Tesla Motors, the U.S. maker of EVs headed by Elon Musk, founder of Pay Pal and Space X and an entrepreneur of boundless confidence and ambition. Even if you’re not particularly interested in cars, you may have noticed that Tesla – which has yet to turn a profit – has been in the news lately as its market cap has roared past that of traditional car manufacturers like Ford. In fact, for many Americans, Tesla has become an iconic symbol of U.S. tech. It is the company which will show the world who really is in charge when it comes to next generation energy products.

Meanwhile, I’d bet that most readers have never heard of the Chinese company BYD, which also makes and sells EVs. While Tesla may have all the glamor and name recognition for now, BYD and other Chinese EV makers have some more substantial pluses, starting with their ability to use a more efficient type of engine as a result of China’s greater access to certain critical resources.

Two types of engines can be used in making EVs. One is an induction engine, which, just as in an induction stove, creates its own magnetic field. The other is based on permanent magnets (PM), which come with their own powerful magnetic field. The PM engine is the superior choice, as it’s both lighter and more efficient than the induction engine and results in better performance.
(further detail in article).

China Will Bring About A Great Bull Market In Gold
The bottom line is that it seems inevitable to me that Chinese car companies will be able to produce EVs more cheaply and more efficiently than Tesla ever will. But it’s the broader implications that really matter, not which particular EV car company emerges in first place. China’s far stronger position in critical natural resources is a key aspect of why China will continue to carry out its vision for the East, a vision that as we’ve outlined before goes hand in hand with actions that will bring about a great bull market in gold.”

[charles clore] 31/5/2017 08:40

GS - they will suck everything into the black hole that is bitcoin and one day hey presto. It will be gone!

[stevea171] 31/5/2017 08:23

Very minor PM eom take down on Comex option expiry. What does this mean?

Can we expect gold and silver to zoom ahead in the days ahead? All indicators point that way but we will have to see ....

HOC share price holding up very well.

[goldenshare888] 31/5/2017 08:03

Bitcoin: 25,000 - 30,000 BAGGER IN 7 YEARS?!!!!!!!!!!!

[goldenshare888] 31/5/2017 07:40

A move to $10,000 GOLD would look very tame in comparison to Bitcoin parabolic rise!

:)

[charles clore] 31/5/2017 07:38

GS - its cheaper at the moment but wait til they find a way to hypothecate bitcoin!

[goldenshare888] 31/5/2017 07:33

Bitcoin nears $3000 wtf - LOL Under 10 cents 2010!!!!!!!!!!!!!

GOLD $1262 is looking very cheap to me!

[dt1010] 31/5/2017 06:48

If the dollar crashes you're hedged with gold physical holdings and miners - they will rise massively on leverage from gold and silver's increase. SG is probably waiting for volume and a break out before posting some charts. Or maybe my mega post sent him to sleep. It did me.

[edjge2] 30/5/2017 22:50

DT you scared off SG?

[majorpain2] 30/5/2017 22:18

You can buy silver coins from Germany near enough VAT free BTW. At least until we leave the EU...

[charles clore] 30/5/2017 22:02

And if the US Dollar crashes?

[juju44] 30/5/2017 21:12

Most of the plonkers are still forecasting an upward explosion in silver . making punters lose their hard earned.

[february 30th] 30/5/2017 20:55

DT1010,

Well, I suggested that there might be liquidity problems with holding physical. Snuckle and others corrected me, and I accept that if you're well organized you can sell your physical silver pretty quickly, without getting ripped off. I think the key thing is to have the mechanism for selling in place. Also, if there is a real apocalyptic melt-down, your mining shares are going to be useless paper. But as I said before, I doubt there will be a melt-down, in an apocalyptic sense. And if silver goes to $50 or $100, those who benefit the most will be those holding the right miners and those holding leveraged paper. Those holding physical will benefit, but no more than those holding SLV or GLD. In other words, I don't buy the conspiracy theories about these ETFs. And to benefit from a spike, in a life-changing way, you'd have to own at the very least 10,000 ounces of silver, and probably a lot more, depending on where you live and your circumstances.

The one note of optimism on silver is that the pumping seems to have ended. Cliff High seems to have lost his enthusiasm, and if you do a Google search for "silver at $50 [or $100] an ounce" you don't find much that's recent. You find Neumeyer's $140 forecast from nearly a year ago. And anyone who dares claim that silver will go to $50 any time soon is ridiculed. It may be that that's a sign that the silver price is going to surprise us. Isn't there some quotation that big moves take far longer than expected, but that when they happen, they are far bigger than expected?

[onedayrodders] 30/5/2017 20:13

considering this is supposed to be smackdown Tuesday.. not shaping up too bad

[dt1010] 30/5/2017 19:49

The other problem is liquidity with silver coins etc. Yes you can sell them - en masse by taking them to a dealer - but they will rip you off. How else to sell them? At auction? Again, it will be sold cheaply and it will cost 20%+vat to do so (at a traditional auction house). Over the internet? coin by coin? Hardly a fast fix to cash in. 10% ebay costs and more costs for paypal...then the wrapping and posting of each coin...snore...wish I'd never bought the phys to be honest. Frankly never again will I buy anything for investment that doesn't either already pay an income or is likely to pay in an income in the future. Big lesson learnt there.

[majorpain2] 30/5/2017 18:09

Your right, there is no need for stacks of silver coins. However, if you keep them for 50 years im pretty sure my small stack will grow in value to be a reasonable retirement bonus! Its peace of mind having a small % of my wealth that i know isnt going to vanish into thin air.

[dt1010] 30/5/2017 17:45

Silver will see $100 in the next 10 years...
But if you own physical you don't own it for the capital increase really. You can make so much more on leverage by being in the silver miners like HOC.
Only reason to hold silver is in the event there is systemic financial collapse and fiat no longer holds any buying power. In which case you wonder what state stock prices would be in?
I used to be a real advocate of holding stacks of silver phys. Even though I do hold it I do wish I'd bought more property using that money as a deposit back in 2011
. Could have made a hell of a lot more if I had. Doesn't hold the appeal anymore, owning loads of silver. Dead emergency money it is. Nothing more. Would rather have bought HOC at 40p !!