Member Info for speedymeadie

HI Droverman. Not sure that is correct. Most buying and selling is not physical movement just a change of ownership on the vaults. ATB Speedy

Hi Paul. It always does. Just follow the money ATB Speedy

Hi Jack10. Whilst the COMEX is losing influence in price setting it is still the primary go to market for big money in the USA. I have been calling $10k/oz early 2027 for ages now and the big money players on the COMEX agree. Think about it. It will only take a 1%/day rise for 100 days to achieve. The way this market is behaving it is not too much to ask. You would have to be very brave to call $20k/oz but with a big inflationary event, dont right it off. ATB Speedy

Hi TMT. I could not agree more. In ground prices are not eye watering. That is why i would prefer OCs to be jointly developed to maxize returns. ATB Speedy

Hi Element. You say silver is not very profitable, that may have been true when it was only $20/oz but in the not too distant future we could be looking at $250/oz or more. That changes the game. Even at todays spot, well run silver miners are turning a healthy profit. Most silver mines are in Queensland and that is not just down the road.

I agree with Jerry and will not be happy looking at central or south america. Lived there for many years and its so bent.

I have no idea about Tungsten mining or processing so have no opinion except that it is a wanted asset. A 50/50 joint venture with a proven processor, maybe. ATB Speedy

Hi All. SD has so many options open to him. We need to use our FCF for further growth and diversification not divis,not yet. ATB Speedy

@time of the month. Spreading unfounded rumours Is not helpful either

Hi Monty.Mybe the BoDs will use the firepower to bring OCs along. ATB Speedy

Hi Jag. Acquiring a silver junior with good upside potential would be a great way to diversify. ATB Speedy

Hi All. With our BoDs taking the $500mill debt option to bring Hav on line we will have plenty of firepower for taking over other assets. Anyone fancy a silver deposit? ATB Speedy

Hi All Someone here the other day said "if you need advice ask a professional not someone on a BB". From what i have witnessed over the years is that there are many many professionals of all descriptions posting here and giving great advice, its up to you if you take it. ATB Speedy

Hi Loggy. It’s amazing how many good pointers there are for Ggp. The list is huge. ATB Speedy

Hi Snorkler Early 2029. ATB Speedy

Hi all. History often repeats itself and looking back to the 1970s gold bull many were shaken out by pull backs only to see much much higher prices.

The set up this time round is even better or far worse depending on your view point.

The bond market is showing signs of stress with the highest yield in years, a sign of debt at uncontrollable levels. Official inflation levels are a joke with every commodity in double fig inflation.

This pullback will soon turn into a scramble for physical gold as the stock market fails and investors seek a safe place to shelter wealth.

ATB Speedy

Hi All. The header says it all "as expected" We all knew this announcement would come and knew most of the content. I did not expect a reaction from the market, that will come when the gold comes out of the ground with excess of 500kozs/yr from Telfer and Hav combined at £10k/oz. Not too long to wait. ATB Speedy

Hi Harrowgate. Just seen your post Re Gold Britts. Chards are good with low premiums and very low storage costs. If visiting London check out Sharps Pixley. ATB Speedy

Hi Bamps. When you say “that topic” what topic are you referring to.

The Trump, like /dislike is totally irrelevant but surely where best to put you Ggp investment or the value of our main asset is highly relevant, would you not agree? ATB Speedy

Hi Scooby. The debate was not about pensions or ISAs but about where is the best place for your GGP stock and future growth. If that aint important then i dont know what is. Its about as important as discussing the POG and what direction it may take.

Both topics are relevant to this BB. Must admit the Trump thing is a bit boring.

If you dont want to read about those issues just skip past.

ATB Speedy

Hi Saber. You are correct about the like/dislike narrative but our SP is effected by what he says and does. Discussing him is relevant to a certain degree

Same as discussing where is the best place for our Ggp stock and the POG. All Are relevant. ATB Speedy

Hi JRDC. Your post just demonstrates how ridiculous the tax and pension rules are. Maybe it is done that way to keep accts in a job.

One other point in favour of ISA over SIPP is the amount of time and timing needed to withdraw funds from. SIPP.

I can receive funds from my Swiss vault quicker than from either my isa or my sipp and all tax and accts free. ATB Speedy