Member Info for speedymeadie

Hi All. Just looked in, bad mistake. What a shambles this chat has become. Never have i came across such petty arguing and one up manship. Some of you need to get a life. Speedy

Hi All. I would not normally respond to garbage but to say gold is going down due to a strong dollar is off the scale stupid. Stronger compared to what, it is just the least worse of a pile of trash. Lower rates makes gold more favourable and inflation sometimes means higher prices for gold, but not always. High inflation and hyperinflation always sees a higher price,

Gold is having a breather around 5000/oz and i would be very surprised if 5000 is broken, in a meaningful way to the down side. One thing is guaranteed, the POG will be higher this time next year, much higher. ATB Speedy

Hi All. Far too much bickering on here to make good reading.

You lot need to lighten up and not pick every piece of info to pieces.

When full years acct are available the SP will act accordingly. ATB Speedy

Hi All. In my days in the music industry we always referred to a punter as some one who always pays above retail. Still stands today. ATB Speedy

Hi All Senior moment, should have read Tuesday

Hi Panama. Dont kick yourself, picking the top or bottom is almost impossible. My son, mrs Speedy and myself all just filled or allowances for our 2025 ISAs and bought £60ks worth of GGP on Monday@ 705/710 just to watch it fall 10%. Wonder how much we will pay for 2026 ISAs in April. ATB Speedy

Hi Element. Thanks for the input. Just goes to show how hard it is to put a price on future expectations. So many variables. One thing we are all in agreement with is the SP will be multiples higher than todays. ATB Speedy

Hi Element. Please be kind enough to put a guesstimate SP for 2028 with gold at 10k/oz and production figs of 500kozs/yr . I asked this question a while ago and would be interested in your views. ATB Speedy

Hi All. Trying to read and make sense of the present overall markets is almost impossible. 20% of the oil supply shut off and SPOG falls. Gold as a safe haven in war times and the price falls. Crypto rises and Newmont falls. All totally counter intuitive.

Anyone trying to play the markets is stepping on a mine field.

Notably GGP and gold have rebounded and i intend to hold both my gold silver, and GGP for the foreseeable. ATB Speedy

Hi All. The market is in a moment of indecision. The VIX is very high and the gold market is at the top end of volatility with a price spread over 24 hours of 300dollars/oz. A very few traders will make money whilst the majority will lose. Best just sit back and wait for the market to calm down.

GGP and our main asset, gold, will see a massive rebound in no time. ATB Speedy

Hi all. Todays action goes to prove that the main driver for gold is not warmongering. So many speculators jumped in an have had their stop losses hit. Trading gold is a black art and best left alone, unless you are a pro.

Gold will continue its rise regardless of the missile lobbing. ATB Speedy

Hi Red. Keep a positive mindset. So many folk now beat the C. Hope to see you at future meets. ATB Speedy

Hi SAS. Must admit i have not looked at II but the terms you just mentioned look very fair i will take a look. ATB Speedy

Hi Bojo. I have just opened up 2 new ISAs with AJ Bell. The process was fast and efficient, Their charges are acceptable and i have done a few small trades to test their services and all is good so far. They did miss a trigger on a limit buy order buy only by a very, very, small margin. I have not moved my holdings in HL over to them yet but seriously considering it as the charges are considerably lower.

The main reason for not moving over to AJ Bell is the market volatility at the moment and do not want to be out of the market for even a short term. When things enter a quiet phase i will probably move, unless HL change their mind on charges. ATB Speedy

Hi All This is really bad news. Iran is not some ill prepared banana state and the repercussions will be felt around the globe. Let us all hope Iran does not start throwing dirty bombs all over the place and the USA responding with tactical nukes.

With the attacks starting on a week end and markets closed the true effect will not become evident till the market opens Mon. I suspect the orange one loaded up on oil stocks well before he hit the button.

The potential for a massive spike up in the POG is increasing by the day and if you do not own any physical gold i am afraid you may be too late. ATB Speedy

Hi Doublehun. Is that one of our tenements?ATB Speedy

Hi Davy. Good on you. I would imagine there are many here that are doing the same. Enjoy the fruits of your investment.

For me it was always 40p but with inflation I have to rethink a tad higher.

I have been lucky enough to have had 3 or 4 events in my life where I have sold up and traveled the globe. My next will be less adventurous and more 5star luxury.

We all owe a great big thank you to S D and the team for enabling our dreams to become reality. ATB Speedy

Hi Autumn. Fair enough.

I will however continue to point folks towards the best way to get involved in buying physical metals.

Wish you well in your stacking. ATB Speedy

HI Autumn. I only mentioned buying a silver ETF as opposed to physical because of the insane premiums. ETFs are for shortish term trades while waiting for the physical market to calm down.

Feel free to continue using BBP if you wish but I prefer to spend and invest to maximise returns. ATB Speedy

Hi All Buying a silver Britt from BBP or any other dealer at the moment is just plain crazy. The premiums and buy back price make them financially un viable.

The best sell deal i have found is Tavex of hatton garden offering 4% above spot.

Buying a silver ETF inside an ISA is, at the moment, the far better option. Unless you like giving your funds away.

ATB Speedy