Member Info for JiffyBag

Hi Timber, I came across this website today , Mineral Metrics which charts some of those parameters by quarter.

Just search for GGP to get charts

https://mineralmetrics.co/dashboard

E1, Maybe the shorts have reduced in anticipation of GDX purchases, what was it 31 million shares required?

@DM , 'USA debt is not a problem, they have 150 trillion dollars on the credit side of the balance sheet'

Do they? where did you read that?

At this present time the U.S. has roughly $5–6 trillion in tangible financial and physical assets on its balance sheet to partially offset the massive debt, (Liabilities) but the net position remains strongly negative due to large unfunded liabilities and ongoing deficits.

For the latest official details, refer to the Treasury's Financial Report of the United States Government.

Agreed.

A complete debt elimination through gold revaluation would require such an extreme price that it would likely signal the collapse of the dollar's value rather than a solution to fiscal problems.

Aggressive proposals with gold at $8,000-10,000/oz, would only address 5-7% of the debt!! There is no simple answer it would seem, although historically President Franklin D. Roosevelt raised the official gold price from $20.67 to $35 per ounce during the Great Depression, providing the government with funds for economic stimulus.

See what happens, still waiting for the Fort Knox audit to happen.

To completely wipe out the current US national debt of $38 trillion

1, gold would need to be revalued at approximately $145,000 per ounce.

Here's the calculation: The US holds 261.5 million troy ounces of gold

1. To generate $38 trillion from this reserve:

$38,000,000,000,000 ÷ 261,500,000 ounces = ~$145,300 per ounce

Not going to happen, IMHO.

Bankboy, I would much rather listen to Clive Thompson than read your fanciful tripe any time of the day.

Another great video from Clive

'The Great Metals Crash of 2026: What 140 Years of Data Predicts Happens Next . This may surprise!'

https://www.youtube.com/watch?v=WCqeTZniq1A

Hang in there, according to Clive the stats are against selling now immediately after a mini crash.

Don't Let Extreme Volatility Shake You off the Bull Market in Precious Metals | Peter Carlin

https://www.youtube.com/watch?v=8lNa1PQj1Rw

'Gold, silver and copper tumble as nervous investors discover gravity

Gold, silver and copper prices tumbled on Friday after hitting record highs this week, as jittery investors moved to lock in profits with hopes for aggressive U.S. interest rate cuts starting to fade and the dollar steadying.

President Donald Trump on Friday said he had chosen former Federal Reserve Governor Kevin Warsh to head the U.S. Federal Reserve. The dollar index, a measure of the U.S. currency against peers had firmed on expectation of Warsh’s appointment.

"The market thinks Kevin Warsh is rational and that he won’t push aggressively for rate cuts," said Panmure Liberum analyst Tom Price. "Generalist investors who have different agendas - like protecting capital - are taking profits."

https://www.investing.com/news/economy-news/gold-silver-and-copper-tumble-as-nervous-investors-discover-gravity-4476024

Stocks slide amid tech selloff; gold halts huge runup as traders lock in gains

Gold prices earlier soared to a record high near $5,600 an ounce, extending recent gains following a report that Trump was considering a new strike on Iran. The run finally came to an end in morning trading, with spot gold sharply turning lower.

Silver prices also followed gold into negative territory after hitting an all-time peak of nearly $122/oz, as the white metal also benefited from outsized demand for safe havens.

https://www.investing.com/news/stock-market-news/wall-st-futures-dip-after-fed-pause-microsoft-drags-meta-jumps-post-earnings-4471729

Good write up in Investing.com today.

'The company’s financial performance was particularly impressive, with revenue reaching $507 million and operating cash flow surging to $406 million, up significantly from $284 million in the September quarter. This strong cash generation boosted Greatland’s cash balance to $948 million by quarter-end, compared to $750 million at the end of September. Notably, the company remains debt-free with an undrawn A$75 million working capital facility available. '

https://www.investing.com/news/company-news/greatland-gold-q4-2025-presentation-slides-strong-cash-flow-and-havieron-feasibility-results-93CH-4469051

According to Aunty Bettie, the bleating sheep 5 miles down the road from our house, the price of Gold was based on market analysis from late 2025 and early 2026, and the $70+ drop in gold was a technical correction according to GotothemoonUFO you T--t!, and severea profit-taking following a period where prices were "overbought" or reached unsustainable record highs.

What do you reckon?

@Paulpatriot

Yes, sadly the concept and current legislation if so required is true.

Bail-ins. "You know what that is? Taking money from the depositors who put money in the bank and simply taking it to recoup their own capital that they can't get back from the people they lent to. Is it legal to have a bail-in, to take the money of the depositor and not give it back to them? The answer is yes. In many countries including the United States the laws now allow a bail-in. Should that upset you? Uh huh."

https://www.youtube.com/watch?v=j6aTCOjUaoU

Swiss Bank Account?

Directive 2014/59/EU, known as the Bank Recovery and Resolution Directive (BRRD), does not directly apply to Swiss bank accounts or Swiss financial institutions because Switzerland is not a member of the European Union or the European Economic Area (EEA). However, Switzerland has introduced its own national resolution regime, often referred to as "too big to fail" legislation, which is heavily aligned with the principles of the BRRD, including bail-in powers.

Thanks for the Heads up Paul,

Thanks Paulpatriot, I'll have a deeper look into that, but seems very ominous after a quick read , I bet Joe Public has no idea.

Stay away from building societies 😀

@ Paulpatriot Re: 'Also be aware when the fiat debt system goes down the tubes the shysters will invoke the bail-in where your bank balance becomes their capital of last resort paying their ill begotten woes ,so keep limited funds in your bank or woe betide 💯👀'

What on Earth are you talking about? Got any bonafide links to back that up??

The FSCS protects 100% of the first £120,000 you have saved, per UK-regulated financial institution (not per account)

https://www.moneysavingexpert.com/savings/safe-savings/

As of late 2025, the United States holds the world's largest gold reserves, (allegedly, I thought it was Chinaaaaaaa)) totaling 8,133.46 metric tonnes (approximately 261.5 million troy ounces). Most of this, over 147 million ounces, is stored in Fort Knox, Kentucky, with other significant amounts in Denver, West Point, and the Federal Reserve Bank of New York. Key details about the U.S. gold reserves include: Storage Locations: The U.S. Treasury holds its gold in several locations, with the largest portion at Fort Knox (147.3 million oz) and others in Denver, West Point, and the NY Fed vault (13.4 million oz) as of Nov 2025.Book Value vs. Market Value: The gold is officially valued at a statutory price of \(\$42.22\) per ounce, giving it a book value of roughly \(\$11\) billion. However, at 2025 market prices, the true value of the 8,133 tonnes is significantly higher, exceeding \(\$1\) trillion.

The value of 8,133 tonnes of gold, at a spot price of approximately

$4,990 per troy ounce, is approximately $1,300,535,000,000 USD (1.3 Trillion USD).

Only another 42 Trillion of debt yet to find/cover?

https://www.usdebtclock.org/current-rates.html

It will all come crashing down at some point for sure, can't be far off can we?

If it happens it happens, if we get to £12 let's just say.....................I'll be over the Moon !!!, and so will Go to the Moon UFO, he's been secretly coached into building a position cos his anal ysts have told him whats coming.😄😄😄

Doozer, theres nothing wrong with using Grok intelligently, it can scan the internet faster than you can fart!

Hi Bankboy,

Interesting , here's GROKS take on your point of view re shorts, and assume that unless you can demonstrate etc that is your own assumption?

'No public sources identify specific hedge funds shorting GGP on the ASX. ASIC reports are aggregated and anonymous for individual positions (unless a fund voluntarily discloses or it hits other reporting rules). Third-party trackers like Fintel list general short interest but do not name funds for ASX stocks in the results. Historical UK/LSE data for Greatland Gold (AIM:GGP, related entity) showed minor past positions (e.g., from JPMorgan Asset Management or ActusRayPartners, but old and not active/current for ASX).

The specific scenario you describe—hedge funds shorting to hold down the price while a client builds a long position—sounds like a potential activist, arbitrage, or coordinated strategy (e.g., hedging or facilitating accumulation). However, there is no public evidence or reporting of such activity for GGP. Short selling on ASX is regulated, and deliberate manipulation would violate laws, but proving intent is difficult without insider info.'

Only 15M to buy back.must be closing soon I would have thought, see what tomorrow brings.

Average Daily ASX short sales about 28% to ASX volume.

Date Daily ASX GGP Volume :Daily ASX GGP Short Sales : Daily Short Sale%

21-Jan-26 1,455,005 : 189,425 :13.02%

20-Jan-26 1,367,168 : 492,454 :36.02%

19-Jan-26 2,156,566 : 366,931 :17.01%

16-Jan-26 1,373,875 : 722,419 52.58%

15-Jan-26 2,423,829 : 529,475 :21.84%

https://asxonline.com/public/search.html?q=GGP¬ificationType=reports&orderFilter=datepublished&dateRangeFilterSelected=-18M