hopetown
23 Nov 2017
Will cryptos replace gold? [link]
hopetown
23 Nov 2017
Gold and Cryptos vis a vis Fiats Hi BarCap. Nice to see this move higher continuing. I don't know if you listen to Jay Taylor but this interview with Alasdair Macleod I found more interesting than usual. Regards
BarCap
22 Nov 2017
Resistance 255p then move higher to 275p A tough few weeks but the tree has been shaken and weak bulls have sold out.Solid foundation to move higher.Precious metals holding and looking set to move higher as USD reverses mini bull run to move lower again.
hopetown
22 Nov 2017
Silver Bull [link]
hopetown
31 Oct 2017
Avi Gilburt on seeking Alpha Price pattern sentiment indications and upcoming expectationsSilver right now has the best parameters I am seeing in the metals complex. As long as silver holds over 16.40-.50 support in the coming week or so, and then breaks out over the 17 region, it has a set up to rally back towards the September high, with a chance to even slightly exceed those highs.However, should silver break down this support region, and follow through below 16.20, it opens a trap door to a lower low than the one seen in 2015.And, for those that want to understand more about how to view this type of analysis, please read
casabanker
28 Oct 2017
Re: Record Q3 output The FTSE was very flat at the start of last week whereas the ~Dow has been rising steadily to new highs. Gold and silver have been maudling and falling in price slightly. 'This has weighed more heavily on mining stocks. I hold HOC, FRES, HGM and CEY and they have all fallen over the week. Things are hotting up though. Catalonia wants to leave Spain or at least half of the population does. Spain's rather stern approach to this situation is going to lead to potential insurrection. The thing is, Spain needs to keep Catalonia as it is a big contributor to its GDP. Without it, the debt pile is too onerous and is likely to see a return to austerity. The EZ crisis is back. Not that it has gone away. Germany has continued to increase its GDP surplus to much higher levels and the peripheral southern European countries continue to struggle. If Catalonia succeeds in UDI, it will have to leave the EU, cannot keep the Euro and has no central bank. I ask, whatever happened to democracy in the EU? The Eurocrats have sacrificed it for sake of keeping the Euro, a false God if there ever was one.Casa.
shugg1e
24 Oct 2017
c^^^ of a share all over the place ffsneeds to rally hard
shugg1e
19 Oct 2017
Re: Record Q3 output Yep short term rally to 280p looks achievable.
Rhigos
19 Oct 2017
Record Q3 output From yesterday's production report:[link] Bustamante, Chief Executive Officer said:“Hochschild achieved record production levels in Q3 2017 driven by a strong performance from Inmaculada and we are firmlyon track to hit our 37 million silver equivalent ounce target for the year. Costs remain under control and we can look forwardto our financial position improving in the near future with good cashflow generation and a planned debt re-financing in the firstquarter of next year."See above link for full report.I think HOC is undervalued at the moment.
casabanker
17 Oct 2017
Re: Believe It or Not! When the dollar was tied to the gold standard, credit was limited and money supply was also restricted. The removal of the gold standard at the Bretton Woods agreement led to unrestricted credit and money supply. That has led to governments and central banks reducing interest rates and stimulating the economy in times of a slow down or recession ie increasing the money supply. As we have all witnessed, after the financial crisis, even more money was created out of thin air with the advent of quantitive easing. This has led to a massive increase in fiat money supply which, without corresponding increases in productivity, must inevitably reduce the value of currency. This has not been reflected in the price of precious metals to the same degree.The Federal Reserve runs a massive short on gold, keeping its price artificially low. If the price of gold was properly reflected against the dollar, it would be nearer $10000 per ounce.Of course we never see this and perhaps it would be better if we don't. However, the world is teetering on the edge of a massive crash/correction. The wiggle room for governments/central banks to avoid disaster is much smaller than it used to be. Interest rates cannot fall any lower without negative interest rates coming into effect and that can only happen in a widespread fashion if the holding of hard cash is made illegal.In addition, interest rates cannot rise quickly. It has also been pointed out that the US cannot afford an interest rate any higher than 3% as it will not be able to pay the service costs on its huge debt pile. If inflation spikes up suddenly, then watch out as that is one possible cause of a correction.Only this last week, I have read that Deutche Bank is expecting a correction anytime soon. Of course, we have all seen the various doomsday predictions particularly since the financial crisis but one of these days, someone will be right. Casa.
hopetown
03 Oct 2017
Re: Believe It or Not! Don't believe it myself. Speculation! But I do feel the dollar is in its last years. Alasdair Macleod on gold money is worth listening to. The future looks cloudy. Good luck.
Rhigos
03 Oct 2017
Re: Believe It or Not! Interesting but my belief 'Not'
hopetown
02 Oct 2017
Believe It or Not! China Catalyst To Send Gold Over $10,000 Per Ounce? [link]
Rhigos
29 Sep 2017
Re: Presentation hopetown,Interesting presentation but quite hard work understanding because of accent and resolution not good enough to read all the Power Point, or whatever slides were. Future looks good. I can see why current SP depressed because of the amount of cash invested in developing future earnings but debt being paid down out of earnings so SP should pick up rapidly if gold and silver prices do not fall a lot.
hopetown
29 Sep 2017
Presentation HOC presentation at Denver Gold Forum. Highly recommended viewing.[link]
