Hochschild Mining Share Discussion Threads

[dt1010] 05/4/2018 17:06

My kids don’t. But it won’t stay cheap forever. So accumulate at these levels.

[richkid71] 05/4/2018 16:42

This share is fine if you are prepared to wait For an unknown amount of time and you don’t need your “investment221; for decades.

[onedayrodders] 05/4/2018 16:38

hhmnn silver up .. gold down

[juju44] 05/4/2018 13:28

NFP tomorrow so PMs will be orchestrated to suit . Miners will follow

[dt1010] 05/4/2018 13:16

Nice move, might we have bottomed already?

[onedayrodders] 05/4/2018 13:08

remember david ... I'm king of the reverse indicator !

[davidspringbank] 05/4/2018 11:38

Rodders, that's my thinking too.

[harleymaxwell] 05/4/2018 11:32

Nice buying though -could be a stake builder??

[onedayrodders] 05/4/2018 10:18

well I'm expecting a short spell of sub $1300 gold and sub $16 silver which MIGHT lead to 170/80 here.

[dt1010] 05/4/2018 08:43

Hmmm interesting...but it takes no account of manipulation by JPM and the protection the mega banks give the USD.
I don’t own btc but I do expect it to fall. $900 is the bottom is the downtrend channel so it very well might get there. Whether it has an effect on the price of silver, well, no one knows the answer to that.

[11_percent] 04/4/2018 22:49

More rubbish from a Gold Bug, or in this case a Silver Bug.

There is an inverse relationship between silver and Bitcoin...LOL.

[banj] 04/4/2018 22:20

(Kitco News) - Bitcoin is likely to mean-revert towards January 2017 levels of around $900, paving the way for precious metals like silver to prosper, according to research from Bloomberg Intelligence.
In a recent webinar, Mike McGlone, senior analyst at BI said that he remains bullish on blockchain technology, but the digital currency market appears to be overvalued. He added that the speculator frenzy around bitcoin is not reflective of the coin’s original purpose as a peer-to-peer electronic cash system, which has now become a “conduit to other cryptos.”
“The space is not what it’s designed to be, at least not right now,” McGlone said in the webinar. “A peer-to-peer (P2P) electronic cash system is exactly what it’s supposed to be, and it’s really transmogrified and a bit more of a speculative, frenzied way to get to other cryptocurrencies.”
McGlone noted that the entire crypto market is plagued by oversupply, with the 12-month rate of change of cryptocurrencies outstanding currently at over 8,000%, while on the demand front, the number of unique addresses for bitcoin has dropped at the greatest pace since inception in 2009.
“The only way to reduce [excess supply] is prices,” he said, citing the emergence of forks and “copycats” as a main reason for bitcoin’s increasing supply.

Bitcoin’s price is likely to “gravity pull” towards $900, which is the mean price since bitcoin sustained above $1 in 2011, the senior analyst at Bloomberg Intelligence said.
The largest digital currency last traded at $6,794, down 65% from all-time highs in December, 2017. $900 would represent a further 87% decline from current levels.
Silver and bitcoin have historically held an inverse relationship, as risk-seeking retail investors flocked to the largest cryptocurrency when it rallied and took money out silver, which is often called leveraged gold.
“The most recent parabolic cryptocurrency stretch (2012-14) coincided with the opposite in silver as the metal plunged from a three-decade high in 2011,” McGlone said in a recent report.
Silver has been trading range-bound, but is set to test the $18 an ounce resistance level, said McGlone.
“Silver's 52-week range is the most compressed in 15 years and appears unsustainable,” he said in a recent report by Bloomberg Intelligence. “Silver's extreme compression projects a revisit of 2016's high. Sustaining below the December low would indicate failure.”
The report added that silver is poised to break out higher, following traditional drivers such as the Bloomberg Industrial Metals Spot Subindex, which gained 20% since November, and gold, which is up 6% for the period.
“Similar velocity changes in these key drivers equate to about a 30% 12-month rate of change for silver,” the report said.

[banj] 04/4/2018 22:15

Look away DT!



(Kitco News) - Bitcoin is likely to mean-revert towards January 2017 levels of around $900, paving the way for precious metals like silver to prosper, according to research from Bloomberg Intelligence.
In a recent webinar, Mike McGlone, senior analyst at BI said that he remains bullish on blockchain technology, but the digital currency market appears to be overvalued. He added that the speculator frenzy around bitcoin is not reflective of the coin’s original purpose as a peer-to-peer electronic cash system, which has now become a “conduit to other cryptos.”
“The space is not what it’s designed to be, at least not right now,” McGlone said in the webinar. “A peer-to-peer (P2P) electronic cash system is exactly what it’s supposed to be, and it’s really transmogrified and a bit more of a speculative, frenzied way to get to other cryptocurrencies.”
McGlone noted that the entire crypto market is plagued by oversupply, with the 12-month rate of change of cryptocurrencies outstanding currently at over 8,000%, while on the demand front, the number of unique addresses for bitcoin has dropped at the greatest pace since inception in 2009.
“The only way to reduce [excess supply] is prices,” he said, citing the emergence of forks and “copycats” as a main reason for bitcoin’s increasing supply.

Bitcoin’s price is likely to “gravity pull” towards $900, which is the mean price since bitcoin sustained above $1 in 2011, the senior analyst at Bloomberg Intelligence said.
The largest digital currency last traded at $6,794, down 65% from all-time highs in December, 2017. $900 would represent a further 87% decline from current levels.
Silver and bitcoin have historically held an inverse relationship, as risk-seeking retail investors flocked to the largest cryptocurrency when it rallied and took money out silver, which is often called leveraged gold.
“The most recent parabolic cryptocurrency stretch (2012-14) coincided with the opposite in silver as the metal plunged from a three-decade high in 2011,” McGlone said in a recent report.
Silver has been trading range-bound, but is set to test the $18 an ounce resistance level, said McGlone.
“Silver's 52-week range is the most compressed in 15 years and appears unsustainable,” he said in a recent report by Bloomberg Intelligence. “Silver's extreme compression projects a revisit of 2016's high. Sustaining below the December low would indicate failure.”
The report added that silver is poised to break out higher, following traditional drivers such as the Bloomberg Industrial Metals Spot Subindex, which gained 20% since November, and gold, which is up 6% for the period.
“Similar velocity changes in these key drivers equate to about a 30% 12-month rate of change for silver,” the report said.

[dt1010] 04/4/2018 13:40

Nice:

Rich vein
The share price action of precious metals miners can be volatile, often being an exaggerated version of the prices of the metals themselves. Miners can’t do much about metals prices but can focus on maintaining a strong balance sheet, prudently building their asset base and operational efficiency.

For these reasons, silver miner Hochschild (LSE: HOC) is a company I’ve long admired. And with its share price at sub-200p, compared with a 52-week high of over 330p, I believe now could be a great time to invest in this business.

Record production in 2017 produced a solid rather than exhilarating bottom-line outcome, but EPS growth is set to accelerate rapidly over the next couple of years. City analysts are forecasting $0.11 (7.9p at current exchange rates) this year, followed by $0.17 (12.2p) next year. This gives a P/E of 25, falling to 16, and a price-to-earnings growth (PEG) ratio of 0.3, which is well to the value side of the PEG fair value marker of one. With dividends also set to pick up, giving a prospective yield of 1.2%, rising to 1.6% next year, I see a lot to like about Hochschild at the current share price.

[dt1010] 04/4/2018 09:44

Hoc will be fine even if it goes lower.
Just accumulate monthly to average down.
They will clear their debts and become a huge cash generator. The dividends will start to kick in nicely. (Free shares)

[edjge2] 04/4/2018 08:00

juju44 thanks mate will watch out in future another converted gapper, my ARS is blowing up. DT war will erupt but not necessarilly where we all expect. Suppose hoc will eventually, I'll just add on the dips, anything considerably below 200p.

[dt1010] 03/4/2018 17:03

War will come

Inevitable distraction from the impending bankruptcy of the US (and the west in general).

When? Who knows.

[edjge2] 03/4/2018 07:54

just used your gap strategy juju44 in ARS so far so good.
Yep you are likely correct.

[juju44] 02/4/2018 12:35

Gone long silver . Trade war has to be good news

[stevea171] 02/4/2018 11:19

End of month and end of Q1 predictable smash in the PM's by the BIS and friends now over. No technical damage was achieved as the underlying support is strong.
Gold and silver start the bounce back today.
Jim Rogers is saying gold could go sub $1000 so he is waiting to buy. I don't think so.

Gold is at $1331 today and doesn't need much of a move to take out the 2 year high of around $1367.

[juju44] 01/4/2018 15:03

another nut case

[stevea171] 01/4/2018 11:42

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[stevea171] 01/4/2018 11:08

Just catching up. This Greg Hunter's USA Watchdog interview with Tom Coughlin and Andrew Maguire is dynamite, well worth listening to:



Tom Coughlin is someone we haven't heard from for awhile. Some here may remember he is the Australian who spent 5 years setting up the game changing on-line physical PM exchange, Allocated Bullion Exchange (ABX) with storage at about 8 or 9 locations around the world outside the control of the bullion banks. After much fanfare this finally went live 2 years ago in 2016 with Andrew Maguire supporting the project long before launch and acting as one of its brokers.

Kinesis. Tom Coughlin is now CEO of a new project, Kinesis (as well as CEO of ABX) that will be rolling out a gold backed currency this October.

What is Kinesis? Kinetically Charged, Yield Bearing, Asset Based Monetary System of Shared Economic Wealth.

The Kinesis system is an evolutionary and revolutionary step beyond any current monetary system available in the world today.
It enhances money as both a store of value and a medium of exchange, and has been developed for the benefit of all. It's a monetary system which is focused on minimising risk; maximising return; stimulating velocity. Kinesis is designed to intrinsically promote a rapid rate of adoption.

Also, significantly, Kinesis is offering a product that will be part of the blockchain which will allow trading in currency pairs incl long physical gold/short paper gold which is attractive to many parties. Coughlin says he knows of institutions wanting to throw billions of dollars into this because they see the opportunity and they are betting on a market failure.



Andrew Maguire: The jig's up for the dollar and US hegemony, there's going to be a gold price reset, you are going to have Central banks supporting Kinesis, although not initially in the West, it's a natural evolution for money. Kinesis is the future of money.

"I know of two investor groups that are buying physical gold because they know there is going to be a physical price reset.”