Hochschild Mining Share Discussion Threads

[onedayrodders] 21/3/2018 14:26

zh "The dollar extends its slide and now stands lower on a weekly basis as traders seem less confident that the Fed will signal four rate hikes this year and may not sound as hawkish as previously thought"

who knows ..like I said rate decision should be in the PM's already, so if it happens we should stabilize and firm up, it it happens with a dovish outlook, we go up, if it doesn't happen we fly.

If only it was that easy right !

[onedayrodders] 21/3/2018 14:06

Deutsche Bank share price tanking.

Word is their unfunded derivative position could bring down the whole banking sector

[davidspringbank] 21/3/2018 13:45

Silver wants to ping on up, but the reality is that shorters have got a wagon load of shorts to drive this back down again in an instant. I wouldn't be surprised if silver gets smashed back down to $15.5, or so. It all depends on the Fed tonight.

Meanwhile, I've got a -£5 short on gold running from $1318.11 just in case it gets smashed back down to $1240 again. I'll review the situation tomorrow once we know the score from the horse's mouth. I'm in no hurry to make any costly mistakes so cash is king.

[lauders] 21/3/2018 13:38

Will it keep going is the big question? Per previous recent form probably not!

[ifthecapfits] 21/3/2018 13:34

Look at silver go.

[onedayrodders] 21/3/2018 13:28

maybe not so smart

[davidspringbank] 21/3/2018 10:20

The smart money (bullion banks) is never wrong and they have sold gold longs to buy more gold shorts. Be careful.

[stevea171] 21/3/2018 08:51

FRES has lost touch with recent support at 1200p. Now 1170p and could be heading for next support at 1100p. HOC and FRES both very weak due to the unrelenting pressure on gold and silver by the cartel. Especially silver.

Watch for developments next Monday (26/3) with the start of the Chinese oil for yuan for gold introduction. The cartel can't stop it but are giving the PM's hell in the run up to the introduction.

[richkid71] 20/3/2018 22:21

Oh yeah, let’s rejoice the fall of HOC. Shame it doesn’t work the same way for the people who big up HOC like GS888. But hey, let’s mock the people who moan. You certainly do plenty of moaning about HOC DT. No one cares about your daughters ISA’s but you off load on this forum hoping that we might.

[dt1010] 20/3/2018 21:11

Watch Ricky Gervais on Netflix, Humanity.
Absolutely hilarious.

[eeza] 20/3/2018 20:33

richkids is more depressing than Hammond.

YeGods !!!!

[dt1010] 20/3/2018 19:00

People wouldn't post on here richkid if no one cared, you monger

[stevea171] 20/3/2018 18:51

Director/PDMR Shareholding
RNS Number : 3561I
Hochschild Mining PLC
20 March 2018

Director/PDMR Shareholding

Hochschild Mining plc (the "Company") announces the change detailed below in the interests of Ignacio Bustamante, an Executive Director of the Company, in the Company's Ordinary Shares ("Shares").

On 16 March 2018, the second tranche of an award of conditional shares granted under the Company's Deferred Bonus Plan vested thereby resulting in an acquisition of 40,383 Shares for nil consideration.

[richkid71] 20/3/2018 17:14

Don’t think anyone cares anymore. Dead in the water.

[onedayrodders] 20/3/2018 16:12

"At $21 Trillion, The National Debt Is Growing 36% Faster Than The US Economy"



All hail the US "ROARING ECONOMY"

[onedayrodders] 20/3/2018 15:57

Not much of a bounce on the DOW after yesterday's fall ... we could do with another chunky fall to get in the minds of the bubble loving FED overnight.

[onedayrodders] 20/3/2018 15:33

Well thankfully the bounce from the $1306-8 level looks confirmed again....for now anyway

[onedayrodders] 20/3/2018 14:31

looks like that test is upon us already

:O/

[onedayrodders] 20/3/2018 14:23

If it was not for the current FED nerves of today / tomorrow impacting the $ and PM's, I might have gone cash as a precaution as I do not like Silver at 16.15 with a $15 handle in sight.

Gold seems to have support at 1306-8 which thankfully is supporting Silver ... I don't see any support for Silver which is acting extremely poor.

Needless to say if Gold falls through $1306 ... tin hats time

But I am still here so WTFDIK

[onedayrodders] 20/3/2018 13:29

I think the $ is consolidating before next leg down. We have quite a few rate rises yet $ has dropped from 102 to 90 during the same period.

Tomorrow's FED waffle will decide but there is 94% chance of a rate rise so it's priced in the $ already.

There can only be surprise on the downside either heavy or it will just steadily continue its weakness.

Well that's my outlook anyway.

[davidspringbank] 20/3/2018 12:12

When we get past this little hiccup, I think HOC has got the the best prospects of anything I can think of.

The $ is back up to 90 this morning and could go as high as 92 in the next month, or two.

[onedayrodders] 20/3/2018 12:03

Well the chart from February is certainly dictating that lower is on the cards.
a PM revival is needed and soon to stop that. Maybe a surprise "no rate rise" will do the trick.

By the way there is no way you can take the "Reverse Indicator" crown off me.
I'm just to good at that.

[davidspringbank] 20/3/2018 11:14

I was here in Dec 16 and thought it could go no lower, but it did. This time I think it will set a new lower low. I'll let you know when I buy because it's certain to go lower when I do! Lol.

[onedayrodders] 20/3/2018 10:40

I think we have seen those attacks very short lived though over the last year and usually reversed with hours. I recall paper slams during the last few FED rate decisions reversing instantly and heading higher, literally within minutes (A few years ago it took weeks and even months)

Gold is an inflation hedge so does will in rising rates ... hence $1300 from $1050 despite regular rate rises during the same period.

Traders get sucked in to believing the opposite and have been proved far from "smart" as PM's bounce back immediately and move higher.

ODR