Member Info for JiffyBag

TMT,

The very best of luck to you with your new found life path and vocation, I really do wish you all the very best and along with many others will sorely miss your wise rationale and postings.

Maybe you might consider a monthly GGP sermon / analysis, just to keep us all on our toes?

I will certainly miss your analytical contributions that have at least in my own mind been head and shoulders above so many other contributors and that have provided many with a very usefull analysis of how to really think and look at matters so very differently.

Thanks Lebuge, excellent analysis.

Maybe a quick e-mail to Shaun and Callum to ask the question, are we still on track for the 65000metres?

In other words no benefit whatsoever"! a complete waste of ones time.

Questions in my head are:

What would be the advantages/purpose of holding a digital gold based coin as oppossed to say to holding physical gold in BullionVault? The only advantage that I could see might be the ability to quickly convert into cash, ie the POG increases and then you can digitally sell online and convert into cash , but this is no different is it to having an account with Bullion Vault?

This article albeit from March 2021 is a very interesting read.

https://goldbroker.com/news/gold-basel-III-comex-lbma-what-to-consider-2196

Total Rabbish........LOL!

@Rktech,

Last RNS 28th May, Re WiseM Pay etc,
https://www.investegate.co.uk/gstechnologies-ltd--gst-/rns/wise-mpay-collaboration-agreement/202105280700071045A/

'GST are in the process of applying for an Authorised Payment Institution (API) licence in the UK to provide the required approval for this service.'

I recently contacted IR, and enquired as to whom was doing the actual legwork so to speak for the API licence application etc? was it GST or a specialist acting on behalf of GST ?

I have been informed that a specialist consultant has been engaged in assisting in this regard, and that for me is excellent news, simply because specialist knowledge is paramount in getting approval etc. So just sit back and wait for further news.

As an example, I do not have a clue as to whom GST might be using, there are many experts out there.

https://www.richdale.co.uk/news/fintech/what-fca-compliance-applies-to-fintech/

This gives you a flavour of the Hoops to be jumped through, also look at the FCA website for further info.

Am sure we will get there , fingers crossed!

The Militarization of the South China Sea
https://www.youtube.com/watch?v=BHCkZbBwFyM

China's movements in South China Sea 'far far bigger than Taiwan'
https://www.youtube.com/watch?v=vJVInabXxJ0

https://cbonds.com/bonds/326067/

https://www.morningstar.co.uk/uk/news/212454/3-stocks-to-avoid.aspx

Napth,

Most crucially what is it for the USA, ie COMEX as Speedy is always on about?

Seems to me they have also kicked the can down the road?

@TMT,

Thanks for your explanation which is most welcome. I have to say that that when I first read 007's hypothesis I was somewhat confused and still am to be fair.

So, the share price of GGP with an agreed valuation of the 5% share of Haverion will therefore as you say, have no bearing whatsoever as to the share price of GGP at the time of of any such agreement , that's a relief, thanks TMT:O)

The 5% conodrum.?

What and actually /how is a FMV actually derived?

Is it derived based upon the gold in the Ore body less costs , or is it derived on GGP's SP at the time of potential offer, I do hope its based on the valuation ie valuation of potential gold in the ground rather than a potentially manipulated share price otherwise we will all be shafted.

https://www.bis.org/bcbs/publ/d510.pdf

The implementation date of the Basel III standards finalised in December 2017 has been deferred by one year to 1 January 2023. The accompanying transitional arrangements for the output floor have also been extended by one year to 1 January 2028. •The implementation date of the revised market risk framework finalised in January 2019 has been deferred by one year to 1 January 2023.•The implementation date of the revised Pillar 3 disclosure requirements finalised in December 2018 has been deferred by one year to 1 January 2023

POG now $1910 !!

https://www.investing.com/commodities/gold

I also like the concept of 1 to 1 token to real currency

Hi Schalf,

IMO, looks like it will be 100m stake tokens, as taken from yesterdays RNS ( 4 X 25)

'Additionally, Wise MPay will supply four enterprise blockchain consensus nodes that come with 25 million stake tokens each, based on the Coalculus blockchain platform, to enable transaction validation on the Coalculus network for transactions undertaken by GST's proposed customers in US dollars, Euros, Sterling and Chinese Yuan.'

I also the concept of 1 to 1 token to real currency

'The GS Money App will not follow a banking/lending business model and it will not be engaging in fractional reserve practices as undertaken by banks. The cash reserve will be transparently managed by an EU registered entity that is yet to be established or acquired. Every stablecoin token will be backed 1-to-1 with real currency.

All in all I thought it was a cracking RNS :O)

Companies House tells a different story or maybe it is because of Covid & records have not been updated, nevertheless, there is no official record of HUR NED's resigning.

https://find-and-update.company-information.service.gov.uk/company/05245689/officers

Ergo, only rely on an official HUR RNS

Hi Tymers,

When or at what stage does your prediction of 88p apply?, 6 months, 12 months, 18 months from now?

What is your rationale behind 88p?

Thanks.

'there is NO way'...etc