Member Info for erricc

Rotherby, I think you’re slightly wrong in proposing taking from the drawdown and transferring the post tax funds into an ISA as you are not allowing for the investment gain you accrue in your SIPP from the income tax.

eg.

You withdraw £100 from your SIPP, pay £20 in tax, put £80 in an ISA and it grows,say 50%, and you end up with £120.

Or you leave the £100 in the SIPP and it grows 50% to £150, then you withdraw it , pay tax at 20% ( ie £30 ) and still end up with £120.

It seems to me that the only advantage of drip feeding into your ISA in retirement is that you can pass on the whole of your ISA to your surviving spouse as an ISA tax wrapper rather than just cash and that might be useful in some circumstances

And we’ve also got this “disastrous” KITCO headline .

NEWS - VIDEOS-OPINION

Gold continues to struggle at $4,800; market could be waiting for a solid peace plan - Pepperstone

What planet are they on ? We all would happily settle for this price range for two or three quarters of stinking cash flow.

Yet another example of mainstream interviewers asking all the wrong questions from a position of “tariff ignorance “

How exactly did the guy think that a US import tariff would impact capital investment inside Australia ?

The other day I heard an interviewer on a UK podcast ask whether Trump would be happy about returning the tariff dollars to the countries he had targeted last year : you couldn’t make it up !!

Wow !

you are all going to love this article and his charts.

With thanks to KITCO and the author,Stewart Thomson.

https://www.kitco.com/opinion/2026-02-17/bull-era-robots-gold?utm_source=spotim&utm_medium=spotim_recirculation&spot_im_redirect_source=pitc

Am I totally wrong in thinking that the hated “shorts” are not there just to make a profit on the trading position but more to produce a negative background allowing a large buying position to be undertaken at below natural price levels.

If so, then presumably the operators would still be ahead overall, rather than “burning” as some people rather cruelly allege.

It seems to me that if Bamps had asked for opinions on whether he should declare his buying and selling to the BB because of his rather unique position in addressing regional meetings then the vast majority of posters would have said yes.

So he actually does that without asking because he feels that’s the correct thing to do.

Then the keyboard warriors arrive from everywhere and unfairly vilify him.

They are in the wrong and Bamps can still hold his head up high.

I think you’ll find Monty was being both complimentary and ironic

Are we about to be hit by another concerted effort to drive down the price of precious metals so that the big boys can close out their shorts with a little less pain ?

I don’t think there is much connection between possible Middle East peace and yesterday’s gold price movements.

There have been a number of downward “attacks” on the price in the last fortnight but they haven’t shifted Gold’s trajectory at all.

Yesterday was a great chance for them to have another go but each time the buyers have come back in within hours and it’s perfectly possible we might go back over the psychological 4 again today.

If you want a very large belly laugh, then watch the short FOX news segment on YouTube this morning totally misunderstanding the gold price rises and ending with the host saying he prefers US stocks every time, over gold.

Can anyone explain the repercussions of the anticipated scale back on the subscription share issue that is mentioned in this afternoon’s NAV RNS.

Does it mean we willl not get our full 1:5. ?

Good positive summary of our potential.

hTTps://hotcopper.com.au/threads/ann-30-june-2025-annual-report.8794729/

Seems we’ve replaced a company called Macquarie Technology (amongst others ).

😊

Wishful thinking,probably.

However, a takeover may be our only way out of this mess

Just came across this article while browsing twitter this morning.
It might be useful for newbies on this thread

https://twitter.com/paddygall1/status/1587697773834534915?s=61&t=iIpeYiv-EHH7T6rhj-6b4w

Good start to the week.
This seems to be quite a positive RNS that wouldn’t be so optimistic in its tone without some underlying data from the new technology.
I thought it was interesting that they took time out to investigate an old road leading to the “potential” drilling sites and felt that it could be upgraded with minor repairs..
All looks good for a drilling campaign in 2023.

https://www2.asx.com.au/markets/company/arv

This RNS from Australia is much easier to follow than the UK one,in my opinion.
The red highlights are from the original document, not my editing.

The grades look more than a bit interesting and explains why the company called this a potential game-changer only a few weeks ago.

hTTps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02551820-6A1103995?access_token=83ff96335c2d45a094df02a206a39ff4

hTTps://youtu.be/uX3Pqnhzz68

I thought you had sold up and moved on ?