Member Info for speedymeadie

Hi All. Just for clarity it will be an ingot not a coin. The premium for a small run of coins is massive but for an ingot it is only about 4% above spot on the day of purchase. There will be no limit on purchases. I did mention on here about forward purchasing 250 ozs to lock in todays price but received no response, When i first mentioned forward purchasing we could have secured a price of around £230/oz less than todays cost and it will probably be a lot higher in 2024. ATB Speedy

Hi plode. I am just relating what SD said in reply to Tigs message. I am not naive and find your stance bordering on a need for a good slap. Speedy

Hi Bunky. I must assure you that you are not completely mad and the first pour 1oz ingot (the coin option was dropped when i saw the costings from the Perth mint on a small run) is still very much in play. The design has been made and production costings are around 4% above spot. I have not yet started a list as it is too early and SD suggested we leave it until a bit nearer first pour date. Hope that helps. ATB Speedy

Hi All. This is just a small extract from SDs reply to Tigs message. "In continuing to progress the cross listing, you should have confidence that we are doing so with our existing shareholder base in front of mind".

That should clear the air on the matter. ATB Speedy

Hi Tig. With your permission i would like to quote a small part of the message from SD where he addresses your "hung out to dry" comment. ATB Speedy

Hi Tig. We are friends and will remain so, even if we disagree on some points. ATB Speedy

Hi Panama. Having constructed many new builds my knowledge of foundations is quite extensive. The biggest threat is poor workman ship and saboteurs. We have plenty of would be saboteurs on here but the question of poor workmanship is negated by the quality of our BODs. See you soon Speedy

Hi Tig. We all want news that will lift the SP but asking SD to respond to that email is not the way to go. Your frustration is clouding your view. Let SD do what he is paid to do. ATB Speedy

Hi 5eights. The announcement is obviously a counter to the gold backed BRICS currency. The news release just mentions a faster system with no mention of a gold backing. The problem as i see it is "does the USA have any gold left?) or will it possibly just be a paper backed gold digital currency. The BRICS currency will be exchangeable for physical gold, giving it substance. ATB Speedy

Hi All. This drip down is frustrating but please do not let it get to you. The capitulation stage is nearly over and the value of our gold is going to new ATHs.. The commercials (bullion banks) have gone net long on the COMEX and JPM have added to their already huge stash of Physical gold. The appearance of the usual bashing crew (probably employed by the shorts and accumulators) are trying every trick in the book to fill you full of doubt. We have something massive in GGP with a great BODs and the potential for a world class mining outfit. Keep the faith. ATB Speedy

Hi Tig. 12032 as of midday today. The last time a Tosharoon was legal tender (1970) there would only have been 116 to a "Charlie". That is a remarkable drop in the value of the £. ATB Speedy

Hi Bond wanabe. That is such a convoluted statement it is worthy of a detailed response. I am not a Putin supporter or a Biden supporter i am a supporter of sound money. A return to a gold standard will reign in aggression fueled by mouse click money. I also suggest you do some research on who the aggressor is in the Ukraine conflict. Nato broke a promise and created an environment that Russia could not ignore. Speedy

Hi Gazza. Been bombed plenty of times. ATB Speedy

Hi Tig. I have no use for a tosharoon (half crown) my dish only accepts Charlies. ATB Speedy

Hi Droverman. With the pace of change happening faster and faster it may not be that long to wait for the war mongering, corrupt and dangerous USA to lose its standing as the worlds super power and with it the $ as the reserve currency. It may take time but without doubt it will happen. High inflation and rising interest rates may speed up the process of fiats decline and propel gold back to its rightful place as the worlds currency. ATB Speedy

Hi Droverman. Take away the Fed backed manipulation and the POG would be many, many X todays print. The Fed has shot itself in the foot by suppressing the POG to such a degree that countries like China, India, Russia et al have been stocking up on physical at stupidly low levels whilst the west has missed the whole idea of gold as money. Pricing gold in USA$s will be futile as the value of those $s collapse, think more along the lines of gold priced in oil. Countries with commodities to sell will not want $s only gold or a currency linked to gold. Exciting times ahead. ATB Speedy

Make them cry? you couldnt if you tried

Hi All. The news of a gold backed currency is not new news. It was always a matter of when not if. The concept is simple but the devil is in the detail. The main problem is there is not enough gold (at this price) to back trade between the BRICS+. Gold will be digitized and revalued. Sell $ buy gold. ATB Speedy

Hi Mrarman. In the derivative market the debt is to each other, in the commercial market the debt is to the commercial banks and regional banks, public debt is owed to high street banks and building societies. Government debt is owed to the holders of that govs currency. When interest rates are very low there is low risk in debt but now the rates are rising, in the so called fight against inflation, the risk to the lenders is increasing via default. Bank failures are on the cards and a credit squeeze will see many Cos default and go into liquidation. It is my opinion that the next crash will be horrific and calling it "doomsday" is just silly. Better to be prepared for the worst than be an Ostrich. ATB Speedy

Hi Summit. Yes. Gold will be the place to run to and the increase in the POG will increase profit margins for miners, but you now that already. ATB Speedy