Member Info for Doozer77

Not me Fred…

But I’ve never been quite sure if I qualify as being a LTH…or not

Hang on Plode…your predictions, as I remember, have been less than accurate tbf…

That’s what they’re relying on SAB…

Patience OTBR…

Even if it was viable (and not radioactive) would it not create a two tier market as per lab grown diamonds…currently roughly about a quarter of the price of natural diamonds…

Appreciate is was already detailed in the prospectus pre consolidation, just wondering why AIM hasn’t got an RNS to say it’s gone through…

Why no notification here on AIM?

Nt…they’ll have try pry it out of my cold dead hands…

Monty… if that does happen and if gold does go down to (and it’s a big if) $2100, it is truely back the truck up time…🤞

Thank you very gentlemen, carry on with the Brits it is then 👍

Stumbled across this yesterday evening, don’t have an account, and certainly not advocating it at this point.

But, gold backed currencies have been discussed at length on here previously, and although I’m a Brit bloke, I do find this interesting as a concept…if they can iron out the current issues…

The only direct competitor I can find is Glint.

Does anyone have experience of either company?

Thinking about accounts for the kids in the future, if and when it looks viable.

Gold bugs, like Speedy, what’re your thoughts?

Https://www.tallymoney.com/savings/

Victor…

There is a great book…

I think you should read it…

Dale Carnegie is the author…

Https://petition.parliament.uk/petitions/730605

Sorry…I know…but it is very, very important…

Https://russiaspivottoasia.com/russia-to-begin-trading-gold-on-st-petersburg-exchange/

Lee, whilst I disagree about the root causes of the rise of the price of gold, and I do think there is a gold backed currency of some description coming at some point, I cannot disagree with anything else you have said 👍

All of this is in my humble opinion, of course, and always happy to proved wrong. But central banks are changing tack in a major way and aren’t giving us any credible reasons as to why this shift is taking place…to me, the reasons are evident, they know fiat is a busted flush, and they’re making preparations for “something” else…

Lee, why do you think the gold price has gone ballistic over the last few years, if there is no structural issue with fiat? Central banks falling over themselves to buy it.

They, and our governments, are not going to tell us if they believe the sh*t will hit the fan. Don’t listen to what they say, watch what they do…

What about China’s off the books gold reserves? Estimates range from 5,000 - 50,000…They mine 300-400 tons per year, but it in overtly & covertly, and never sell any.

And I’ve been hearing how screwed Russia is since it invaded Ukraine…unfortunately they don’t seem to have got that memo.

My point is, they have a plan, decades old, and all the West can do is react…as NATO nor the EU can agree on what to have for lunch…

That is right Lee, apologies, should’ve said largest foreign holders of US debt…

That said, the collective West (aside from waiting to see how Trump’s policies impact the US economy going forward) don’t seem to have a plan, headless chickens struggling to find relevance in a world that isn’t listening. This model of print, inflate and spend is not sustainable…something will have to give sooner or later.

If BRICS do come up with an international trading alternative to the dollar, this would shake the dollar’s status as the world’s primary reserve currency, likely causing short- to medium-term volatility and long-term shifts in global finance. The US and allies would need to adapt quickly, possibly pushing for reforms or new strategies to maintain dollar influence. The Wests influence across the world is waining, Belt & Road initiative is just one example…

I think they (China & Russia) are better positioned to withstand any shocks not least due to undisclosed gold stockpiles, gold mining, debt to gdp ratios, international reliance on them for things like fuel, consumer goods & loans, and population and migration controls. Not withstanding further invasions of other European nations or Taiwan.

They’ve been planning this for decades and I think they’ve priced in any moves the West try to make to counteract their strategic goals.

And Japan & China are the two largest owners/controllers of that debt…