Hochschild Mining Share Discussion Threads

[dt1010] 18/9/2017 09:17

When everyone is thinking that, that's when you buy.

Gold will reverse. Watch it happen. Watch this soar. When you least expect it.

Buy when sentiment is shyte, when it's in the doldrums, when it's on its knees...not when it's soaring....

[richkid71] 18/9/2017 09:08

Silver and gold not heading for the moon, at least not yet.
I don’t see this happening anytime soon either especially the lastest reaction to PMs following the news in North Korea.

[dt1010] 18/9/2017 08:56

This is indeed an over reaction Top.

241p is a good buy level. As no doubt something lower will be too.

I need 350p and I am out for good.

[charles clore] 18/9/2017 08:53

Toppy - the one thing you are not including is the move away from the petrodollar. Imho whatever Yellen says on Wednesday the dollar is finished.

[dt1010] 18/9/2017 08:50

Only short termers need worry. And those leveraged.

Good and silver will v soon reverse and this will stage a V stage recovery. If you hold and continue to hold, you have to believe that will happen.

OVERSOLD NOW. Technical indicators say so. Now nearly 30% off its peak in August and yet operationally nothing has changed.

[topicel] 18/9/2017 08:49

Moreover, Chartists will know better, but we are not at the largest shorters drop of 2017 even yet...April/May and even Jan/Feb were as steep and dramatic.

Topicel

[topicel] 18/9/2017 08:45

Ok, thinking out loud.

Assuming she announces the reversal of QE, how does it impact gold and silver specifically?

Presumably the rise in the dollar continues, and that is what we are seeing it rise for now, the expectation that QE is coming to an end and QT beginning? It is therefore bad for PMs as it is in many ways supportive of the dollar as interest rate hikes.

The Market seems to believe not a lot of interest rate hikes but plenty of stimulus with QT and therefore all safe havens will be sold off for months and months, especially if the tax stimulus is added to the dollar stoking.

Then, the December debt ceiling wrangle will be upon us and fixed quickly too in this spirit of co-operation and to save the USD from the yellow peril and Russia Today.

All going to go according to plan? No more NK worries as it was never more than a head fake anyway it seems, ready to smash PMs big time, for all time.

Even the chart on HOC is looking decidedly bearish, especially if it goes back to the 230s...so sell, sell, sell.

We've got the latest message loud and clear. Capitulate and sell up despite the company itself being a great little cash earner, reducing debt and being on a reasonable forward p/e.

Am I missing anything? The German elections going smoothly, the pound surging? All is suddenly brilliant for all the main indices and usual asset bubbles to keep expanding!

But how much is priced in? Especially here at HOC having dropped 40% almost since the August 15 highs...

I'd say if Yellen isn't as hawkish as the Market expects, if QT isn't signalled to start immediately and at a pace, level and future path they like, whatever is said on rates, then hey presto the brakes are slammed on and the trade reverses to safe havens.

If this isn't an over reaction/correction I'd be surprised. But then I often am!

Topicel

[juju44] 18/9/2017 08:40

Technically this is now very oversold but the up trend has been decisively broken which is discouraging

[juju44] 18/9/2017 08:30

Charlie doesn't

[dt1010] 18/9/2017 07:57

Yes we know juju snoooore

[juju44] 18/9/2017 07:49

I disagree,the market jump to her command. PMs now being taken down yet again to suit the outcome of her speech . They can do what they want because they can

[charles clore] 17/9/2017 22:07

Toppy - I think people are becoming less and less interested in what Yellen has to say.

[topicel] 17/9/2017 21:46

That's the theory Charles, tied in with Yellen's next uttering a on the Wednesday of course.

About as unpredictably predictable as you can get!

Topicel

[charles clore] 17/9/2017 21:18

I tend to agree with Graham Summers and would add that last week's slam-down wasn't half as effective as the crimsters had planned. I therefore predict a bottom after next Tuesday but before that I don't think it will go much lower.

[dt1010] 17/9/2017 21:10

True but I still think it will personally

[edjge2] 17/9/2017 13:52

DT gold may be saved the big drop

[dt1010] 17/9/2017 13:21

Rich kid people can whatever opinion and gold/mining links on here, despit what anyone might think.

IMO gold will drop to max $1280 before shooting to $1500 over the next 6- 18 months.

Inappropriate? ;)

[richkid71] 17/9/2017 12:30

It’s easy enough to find reasons for analysts to believe gold is going to shoot, equally as easy to find reasons to believe gold won’t. Just because you want gold to moonshoot to justify your decline in holdings doesn’t mean it will. Of course I would live it to, we all would on here but we are just going to have to see. It’s for this reason I don’t think it’s appropriate for others to provide wild predictions for HOC just based purely on nothing more than a reckon/thought/guess.

It will be a great day for HOC holders when the manipulation of metals runs out but I’m not banking on that happening any time soon.

[dt1010] 16/9/2017 19:31

Gold: Don't Panic Ahead Of Fed's Quantitative Tightening $GLD

[dt1010] 16/9/2017 06:33

Lauders, I reckon Aaron has it spot on. A drop to $1280/1300 then a moonshot to $1500 within 18 months.

[lauders] 16/9/2017 01:55

A more negative view on gold and silver:



Bottom line

No matter what happens in the world, gold and silver do not move anymore. Instead, both metals move based on the DXY than anything else.

This might mean both metals have lost their ability to function as in the past. Be it interest rates, risk aversion, or political strife, gold and silver are simply not the asset class to have, if these issues concern you.

Does this mean that you should not have gold and silver? In my opinion, you should not. However, if you must play in the gold and silver space, prefer mining stocks than the metals.

Mining stocks adhere to the investment parameters that we all know (for example, EPS), whereas gold is worth what the market thinks it's worth. And, today, the market is telling us that gold and silver are more or less tied to what the dollar is worth and nothing else.

At least the author mentions that miners are the option to choose if interested in precious metals.

On the other side of the coin we have:

The bottom line is gold investment demand is resuming after its massive post-election slump. Differential GLD-share buying, the dominant driver of gold’s young bull, just enjoyed its biggest and fastest surge in over a year. American stock investors are starting to prudently diversify back into gold, despite the stock markets still near record highs. Worries are mounting that the long-delayed major stock selloff is looming.

When that fateful event inevitably arrives, gold investment demand is going to explode again just like it did in early 2016. That will catapult gold, silver, and their miners’ stocks dramatically higher. Seeing gold investment demand surge recently even without a stock-selloff catalyst highlights the big latent interest in gold. Usually moving counter to stocks, it remains the ultimate portfolio diversifier every investor needs to own.



Who is right? Nobody seems to know, but I still believe that Christopher Aaron (link DT1010 posted again after I posted it earlier) is someone who has a good idea based on charting. Whether that is the way to go is another matter altogether!

[juju44] 15/9/2017 21:57

Commercials ( gangsters ) dont lose and they have been building their shorts