Hochschild Mining Share Discussion Threads

[juju44] 25/9/2017 08:41

ADVFN all fekd up today

[juju44] 25/9/2017 08:31

?????? What you mean ?

[dt1010] 25/9/2017 06:42

$4.20 ?

Massive!

[simonthe1st] 25/9/2017 00:24

The manipulators are at it again! Big spike down in gold.

[lauders] 24/9/2017 23:04

HOC-on:

I am at a conference today but not in Denver where HOC are presenting. Hopefully they will add the presentation to the website this week and we can read some positive things from the update. HOC have been a dog recently but I hope they will jump back with end of year news and an increase in precious metal prices. That is the risk of investing in a company linked to commodities!

[simonthe1st] 24/9/2017 22:50

Hope so, juju! And there's also the NK/Iran tensions.

[juju44] 24/9/2017 21:19

Merkel's poor showing should be bad for the euro and maybe good for gold

[charles clore] 24/9/2017 17:37

HOC-on (could be HOC-off)
You've got to like it. All good clean stuff to keep the moderator happy and juju and Richkid can carry on expanding the thread at will. Throw in a few observing posts like this one and you'll probably end up with about one worthwhile post in ten. By worthwhile I don't mean to detract from the warm reassurance of juju's posts, Richkid's market pessimism or replies by et al. However it would be nice to know before reading through every post, those which contain information about HOC. I propose a signalling system such as a brief title or possibly a code indicating whether the post is HOC-on or HOC-off. I realise this will be ignored and it's pretty pointless posting it, but as I had already finished I thought - no,I'm just going to post it.

[juju44] 24/9/2017 13:30

DT , you are right I bought at higher price but added on Friday 233p

[richkid71] 24/9/2017 12:36

With trump and Kim at each other’s throats this can only escalate further which may be positive for metals. Let’s hope HOC turns things around this week. DT - Enough of the t*t for tat replies to me and juju. Thanks.

[dt1010] 24/9/2017 12:18

You hope it isn't, rich(anything but )kid

[february 30th] 24/9/2017 12:10

Nothing is necessarily in. You need to qualify the statement with a probability.

[richkid71] 24/9/2017 12:07

The bottom is not necessarily in.

[dt1010] 23/9/2017 19:12

Think you bought quite a lot higher up juju judging by your previous posts

Let's not pretend you're in at the bottom, eh ;) hahaha

[juju44] 23/9/2017 11:39

Yep , Now that I have bought , expect a rebound

[jaspoland] 23/9/2017 11:19

Expecting a rebound from here. Technically oversold. October could be a good month for Hoc

[topicel] 23/9/2017 09:08

Possibly Stevea, but on massive trades the arbitrage at even $1 (and it has been higher as you say) is a nice turn. There is far less involved in currency dealings mon ami and that is a regular 'churn'.

Look after the pennies...etc. This is an easy trade and like shooting fish in a barrel, which is why I believe they aren't being allowed to do so much of it, if at all, in the West.

So that leads us to the Chinese Yuan for Oil for Gold model which is planned to encourage gold price freedom in the West as they are saying they intend to buy their gold in the West, pay for it a dollar (or whatever) cheaper and then pass on a percentage of the gain to those who exchange gold with them for their Yuan.

Neat. Very neat. This has been muted for months, years even, and will upset the apple cart as the Western price will have to move more towards the SGE value or else literally all the gold in the West will slip as the balance tilts over to the other side of the globe!

That will force the Yanks and London to set a more realistic 'global' PM price structure and price discovery in gold particularly will create a massive surge in value.

Or is it just theory? The Cartel know it if we can see it and sabre rattling and other 'actions' will be planned. NK as cause and effect perhaps?

As this measure becomes real you would think the PM prices would be starting to push higher as investment houses see the writing on the wall ahead of time. Yet PMs are still being manipulated down! What is needed is the little boy to take his finger out of the damn dam! That trillion dollar Norwegian fund has far too much overweight in stocks and not much gold in their portfolio and rumour has it they may seek to rebalance...

The trigger for the rest to finally sweep aside the manipulation?

Topicel

[stevea171] 22/9/2017 17:07

Topicel. The differential is not a constant $1. It moves around a lot but nearly always in favour of the SGE price (higher). $1 at the moment is quite high but not high enough obviously to activate much arbitrage.

$2 or $3 differential would take things to another level we haven't seen before and could bring about different behaviour with different results.

[topicel] 22/9/2017 16:45

But that SGE vs Comex price differential has been there from the start of the Chinese market for silver Stevea.

It seems to make little difference to traders in the West as they don't care about the arbitrage or can't be bothered or, possibly, are prevented from dealing outside of the cartel by the bullion banks?

So SGE rising to $20 silver will make little impact if their hands are tied. And of course Comex want it that way...

Besides, why would Far East buyers take their options from SGE if they can get it a dollar cheaper via Comex? Or are they equally forcing people to be 'loyal'? In which case 'Catch 22' whatever solar panel silver demand or anything else might be!

We live in hope that the end of the bullion banks setting the price twice daily and moving to computer price discovery will ease the spread, but even that is only being allowed to happen in a limited way I believe...

Topicel

[dt1010] 22/9/2017 16:29

Yes the bottom is in.

STRONG BUY.

[shakeypremis] 22/9/2017 16:08

Marin Katusa also reckons gold is on the cusp of breaking over $1400.

hxxps://katusaresearch.com/small-move-send-tidal-wave-money-gold-stocks/

[breaktwister] 22/9/2017 16:06

Feels like the bottom is in, JNUG well up, First Majestic up nearly 4% today, miners turning blue across the board while HOC still cheap as chips. Taking another shot at sb long lol!

[onedayrodders] 22/9/2017 16:02

that's unreal steve

[stevea171] 22/9/2017 15:50

As usual a huge premium to buy physical silver in China compared to the paper price on Comex.

Shanghai Gold Exchange silver: $17.99
Comex: $16.98

What is needed is for a surge of physical buying in the East (eg fwd stock building for solar panel production) with the SGE price of silver going to $20 to collapse the Comex rigged market ...