Member Info for speedymeadie

Hi MH01. Thanks for posting the morning star link. The big boys, State st, Black rock, Jupiter are increasing their holdings here. They must be stupid and want to throw funds away, according to sum. ATB Speedy

Hi Sellme. The cashless Bull is losing customers by the shed load. I suggest the next Essex meet be in The Anchor at Hullbridge. Excellent cellar, very good food and beside the river Crouch. Mid October sounds about right, we may even have some good news to share. ATB Speedy

Hi All. This false low SP is by design to facilitate accumulation. We know Jupiter has been a buyer. Has any one some news on who else is buying big time? ATB Speedy

Hi All. There are disagreements between the BRICS. The same as most collections of states. Eventually there will be consensus bought about by necessity. The necessity being commodity producing states need payment in real money not credit ($). It may take a while buy a gold backed trading vehicle is coming. ATB Speedy

Hi All. Can we please stop responding on this thread. The more folks read and mention a raise the more people will think a raise will be linked to cross listing. That is wrong, there is no need with a cross listing. ATB Speedy

Hi Grdian angel. Not sure what to make of your post, are you trying to promote the idea of a raise to spook investors or is it a genuine naive question? No raise has been announced and the cross listing does not require one. There may be a raise to facilitate an accretive purchase but this will not be known until the BODs are ready to enlighten us. Hope that helps. ATB Speedy

Hi All. QE has been an absolute disaster for our nation. Funds have been diverted from the public purse to the commercial banks. Almost £1trillion was bought via bonds by the BoE, all was fine until interest rates started to rise and it is now expected to cost the UK tax payer. The treasury is compensating the commercial banks for losses on the bonds to the tune of £150billion.

The banks caused the financial crisis in 2008 and are now being bailed out again. The BoE raises rates and the commercial bank backers are now receiving more tax payers funds to cover their losses.

This is why i try to avoid personal tax liabilities though my investments at all costs. I feel sorry for the workers and savers paying taxes at source. One day the general public will wake up to the fact that the UK is a broken, corrupt, state. ATB Speedy

Toffers. Dont ask me ask an Armenian accountant.

Hi Taxlax. Not sure where you are getting your info from but according to the USA treasury dept China has reduced its holdings of treasuries by $100billion last mth to the lowest level in 14 years along with Japan. The good old UK and Belgium increased their exposure against the flow. Why on earth anyone would hold treasuries when returns are guaranteeing a loss when compared to inflation. Maybe our UK treasury needs some basic lessons in finance. ATB Speedy

Hi All. Swap "kings and queens " for "way beyond their means" and keep culpepper happy. ATB Speedy

Hi MH01. When returning from 15 years in Guatemala i put an offer in for a £1million house and complained to the agent about the £5k stamp (tax) duty, he told me i had the decimal point in the wrong place and quoted £50k. Me being a tight ass decided it was not for me and purchased a £350k wreck and spent a fortune repairing it and saved about £45k in tax. There is always another route to deny HMRC oxygen

Hi Droverman. At Jackson Hole the banks will be discussing how on earth they are going to finance uncle sams interest payments whilst at the BRICS meet they will be discussing (along with other things) how much gold they own and how to use it to facilitate trade.

As anyone with an ounce of financial knowledge knows, losses can only be covered with debt for so long until the repayments become unpayable. The only ways out for the debt ridden govs is default or inflation.

For the BRICS to use gold as a currency for trade it needs a much, much, higher POG.

What ever happens at either meets the effects on the POG will positive.

. We are soon to be producers of gold and the timing could not be better.

No conspiracy just facts. ATB Speedy

Hi Culpepper. Many thanks for that valued information about F shares. Does that mean the F shares are part of the approx 5 billion issued. ATB Speedy

Hi MH01. I think Jim Willie has been reading my posts.

Remember to empty your PMs ETFs prior to the force majeure. Not sure how long until that event but i am convinced it will happen soon. The big banks rule and losses that can be side stepped will be side stepped at the expense of investors, you have been warned. ATB Speedy

Hi All. Wonder what the rationale was for the £60k sell trade at 08.44. Shorter, distressed sale? Seems odd to me that anyone would make that trade so low. ATB Speedy

Hi All. The small correction in the POG should be used as an opportunity. With banks in a mess with all sorts of problems a crisis is in the making. With the geopolitical stories now front and center a war is brewing. With many predicting a massive crash in the stock market. The BRICS+ starting to drop the $ for international trading. All these factors lead to a much higher POG and a massive increase in our coming profitability. @ $1900/oz and 7p for GGP stock the profit potential from here is almost a certainty. ATB Speedy

Hi All. Wasted another 15 mins reading this dross, o how i long for a return to what was the best BB around. ATB Speedy

Hi Toffers. Please stop talking ballocks. Speedy

Hi Culpepper. China is the master of the hidden agenda. Its not what they say its what they do. If they intend to continue trade in $s why on earth have they amassed so much gold. It would not be in their interest to announce a swerve away from the $ whilst holding huge amounts of $s (having been reducing the amount for years now) China needs to off load their $s in a slow manner so as not to freak out the market. Rest assured that when they are ready they will announce the change from $s to a gold backed currency, not too long to wait. I would give up some of my beloved Britts to be a fly on the wall at the back room meets. ATB Speedy

hi trippy. best to leave him wallowing in his own ****e. atb speedy