Member Info for Droverman

Hi Contrarian, since Trump got in i have stated many times to watch for July 4th 2026 and the reason is GOLD and debt, though in the last few weeks there has been mentions of laying off USA debt onto crypto in one form or another. This raises the question: If all the world lays off their debt onto crypto, what happens to GOLD/SILVER and price? Lateral thinker. DM

Oh i forgot to mention that the 6 largest economies in the EU voted for this proposal and it went by majority, 70/30 by population, the EU Country voting is now majority, not 27 states agreeing as before. This means if the UK re-joins the EU we can not block such proposals anymore and would have to accept the EU getting into your bank accounts. So Remainers, stuff that in your pipes and smoke it. DM

hi sageman, don't get confused between the iranian people and the arab islamists. the iranian people want trump to finish the job and when time is right the people and the immortal guard with the iranian army will kick out the islamists back to iraq, ****stan and afghanistan, where they came from in 1979. trump will not ask them to go back on the streets or they will be slaughtered like the 45,000 in january, killed by the mercenaries from iraq. the arab population of iran is only about 10% of which about 4 million are islamists. they have the guns, not the normal population, but they are now getting some. the 1st shipment went to the kurds to distribute to iranians but they stole them and are in the iraqi kurdish region of iraq, not the iranian kurds, totally different mentality. dm

Agree, just look at my last post about the EU. At least Americans can vote out Trump if they don't like what he does, with that lot in Brussels's it is impossible to VOTE THEM OUT and getting more powerful every day. Maybe Starmer wants to be president of the EU like Blair and giving away our treasure like Blair did to try to get the job. Lateral thinker. DM

For the Remainers out there, the EU just voted in that the EU will now control the capital in all EU banks, that means the EU will and will take all bank deposits and use it as the EU will deem fit. There excuse is that the EU needs capital to take on the USA, investing in IA, infrastructure, maybe the new EU ARMY investment, expanding the EU ETC. This is just part of the expanding EU taking more control without a VOTE. Think it is less likely that the Bank of England and more importantly the City of London agreeing to this and will prevent re-alignment with the EU. Hang onto to your GOLD/SILVER and GGP and beware of the fascist in Bruxelles. Lateral thinker. DM

Oh by the way i just love gelato. DM

We wait and see. Yes, China controlled the Panama canal as they owned the ports at either end, now they have been forced to sell. USA is re-opening their bases in Greenland by the way. Greenland controls the northern shipping routes, that's why Trump wants control. Dump the oil price will bankrupt Russia and reduce inflation and bond yields which USA has to do as they have to roll over 9 trillion dollars of debt within 18 months. Anyway JD lets wait on the play and see what happens DM

Hi Sageman, GGP is my pension, plus Gold and Silver brits all offshore from the UK as well as me. I am 80 this year, my mistake was not selling enough GGP only 15% to buy the farm (Small holding)next door. Was on slow drawdown, but SD came to my rescue and now need 20 GBP a share to start spreading the loot around before i kick the bucket so to speak. DM

Grow up Poppy, ever played poker with 2 other people? One always loses IE 1980s Reagan played poker with Soviet Union and China, Soviet Union lost as the other 2 ganged up on them, result the downfall of the USSR and China coming out of the paddy fields. Now the same game is being played by the same countries USA, RUSSIA, CHINA and the chips are OIL reserves and who controls them and access to them as well as shipping routes. Trump has taken control of the Panama canal, Venezuela, Greenland (Very soon) Cuba (Very soon) Straits of Hormoz, Malacca Straights via Malaysia/Singapore, can you see what's going on, USA and Russia against China, they will try to put China back into the paddy fields. Iran/Ukraine is the side show. Lateral thinker. DM

Hi Sageman, the loss making private credit and private equity funds owned by companies like Blackrock, Blackstone, Vanguard, JPM, GS Etc are selling these subsidiaries to there own Insurance/Pension companies to get them off the books leaving the policy holders to carry the can. I think the same is going on in Europe and UK. That's why people must check on what's been bought or going to be bought. Its normal when banks are going bust they lay off the debt to people/companies not in the know. Bankers never get in court let alone to prison and fines paid by the share holders. Lateral thinker. DM

Its near the end of Oz tax year, maybe he is re-aligning his portfolio or buying a boat like Callum. DM

No 96, not signed anything, said Islamists points are ridicules and they have to hand over the nuclear stuff before anything is discussed. Islamist republic is slowly getting squeezed, no oil money, no navy, no aircraft, no nothing really, says it all. DM

More like 90% Syd. They are just waiting on the Immortal Guards to get supplied and ready, only they can make the final changes, not the West or anybody else. DM

Blair/Brown screwed up my pension with Equitable and we are still waiting on compensation on their failures, so far my loss is over 200 grand. Don't rely on pensions and they are being screwed again by pension companies linked to big banks like Blackrock, Blackstone, Vanguard who are now dumping their loss making Private loan/Private Equity funds on the insurers. They are heading for 2 trillion dollar losses over the next few years. Ask your pension provider if their funds are buying private loan/Equity funds from the banks, get out if they are. The losses will be 2 to 3 times what the banks lost in 2007/2008 and look what happened since then, the world stagnated and this time it will be easy to find the needles in a dung hill attached to the banks. Stick to gold/silver and GGP. Lateral thinker. DM

Hi Panama, Jim Rickard said do not be surprised at 10,000 USD/Oz by end of 2026, that says it all for me. Last year i said 8300 USD/Oz by 4th Quarter 2027, i based this on the cup and handle chart from 1971, so far we are both in line with that assessment except Jim's breaks away once we break 6000 USD/Oz by August 2026. All good for GGP i might say. DM

Yes JB

Well said Perrins, wish i could, but i live about 100 miles from the Russian border and planning a visit to the UK is problematic at the moment as well as my age is approaching 80 this year, what a life and made better by GGP. DM

Why did Trump take all his cabinet to Camp David on Tuesday, not normal? Its got to be about Cuba, Islamic Republic of Iran and or GOLD/DEBT with a new chairman in place. Lateral thinker. DM

As i said on Monday, there was a leak as the SP went up with the POO and low and behold the RNS came out on Tuesday. Now the same again, a big dip in Oz, then the rise again, maybe another RNS out tomorrow. As always we wait and see. The big boys are buying gold and Tether is one of them, i wonder if they are buying for the US Treasury? I wonder if USA is going to dump their debt onto a crypto scheme of some description. Lateral thinker. DM

The POG is reduced but GGP increased in Oz so bucking the trend. Maybe a leak on a RNS to be issued this week, hope tomorrow or tonight in Oz. I think drilling results are issued around this time of year? Would be good in leading up to year end financial reports and next year assessments. DM