Member Info for speedymeadie

Hi all. Just checking around for availability and no Charlie’s to be had.

Whilst looking I noticed bullion by post is offering silver britts at £94 and buying back at £64. Anyone using them wants their head examining

It will take a print well well above todays to get the robbing mint to release more gold Britts to dealers. The paper take down is false and mints around the globe are refusing to release coinage at this price. We will have to wait for a higher price till we can purchase in quantity. What a shambles. ATB Speedy

Hi Stebol. Whilst not taking sides on this debate where would we be without the shorts. Maybe £10 who knows. ATB Speedy

Hi Loggy. Is that a drill rig I see in the Abbey grounds? ATB Speedy

Hi All. The big message from last night. “There’s lots more gold in them there hills”. ATB Speedy

Hi Rocket. Still very limited amount of stock around and all with very high premiums. There are several Hatton garden dealers with gold britts available but expect to pay anywhere between 5 or 7 pc above spot. 1oz 2026 gold Britannias (Charlie’s) are almost non existent and not readily available till mid to end March. Do not be persuaded to buy anything but coin of the realm or you will be paying CGT. ATB Speedy

Hi Bojo. Every one loves Clive. What a gent. Silver is a very volatile asset and it seems to be getting even more so. Will the big boys save the day and change eligible to registered? They may do but it will be at a much higher price. All looks good for silver longs and holders of physical silver. ATB Speedy

Hi All. You ain’t seen nothing yet. ATB Speedy

Hi Blue. It’s Sunday. Speedy

Hi Tug. It all depends on your risk appetite. Most amateur and a lot of pros lose it all playing the market.

Following world events and acting on the findings have served me well.

For the next 5 maybe 10 years hard assets will be the winning play.

Do not let your success with GGP make you think finding winners is easy. ATB Speedy

Hi Ferrisc The last time i looked a Mosque was a church, along with all places of worship. ATB Speedy

While we’re at it break up the churches around the globe and educate the children about the folly of believing in an all powerful god. Tin hat ready. ATB Speedy

Hi All. It’s all very well moaning and cussing about the corrupt global system but how is it resolved.

Break up the banks, including centralbanks would be a good start. Followed by a gold backed currency thus reducing the capability for war mongering. ATB Speedy

Hi Ian. This month or next month is critical for the COMEX. If they cannot deliver and default(pay out in cash) that will be the beginning of the end for that market. That leads to a further complication for banks and could start the coming crisis and collapse of the whole derivative market. ATB Speedy

Hi All. Lets not get too excited just yet, we need to see a print well above $5600/oz and hold for a while. I am not convinced that the banks have let go of $5000/oz yet, but when they do, watch out above. ATB Speedy

Hi All Placing too much emphasis on the geopolitical outlook is a tad wrong. What is going on with uncle Sam and Iran is moving oil more than gold. The main driver, by a country mile, is the coming banking crisis and the accelerating fiat debasement. This debasement will be fueled by the creation of currency at no cost to the issuer but a massive cost via inflation to users down the line.

I have no idea what the end result will look like for equities in general, but for gold producers and holders of physical gold it will turn out to be the best decision to carry on increasing holdings.

For those that say discussing the POG is a waste of time i say "wake up to what is unfolding". ATB Speedy

Hi Jaguar. The catalysts are already here. The last hurdle was at 3500/oz and it held for about 4 mths. Now the hurdle is at 5000/oz. How long it holds is anyones guess but when it falls the next leg up will be spectacular.

The whole world is waking up to the power of gold and their ain’t enough to go around, at current prices. ATB Speedy

Hi Jaguar. Heavyweight panel in that vid. Pipenberg is a country mile in front of the rest. I would say that because his firm is looking after my stash. ATB Speedy

Hi all When all other options are useless, go to war. Has been the same for ages. What the world needs now is 1000 Ghandis. ATB Speedy

Hi Autumn. When buying second hand Silver Britts the Premiums are excessive because the VAT is included in that premium and not added. That is why the dealers including BBP can say VATfree.

I never use BBP because I like to maximise my returns but if I did I would use their bonded store purchase scheme and have 20pc more silver for my funds.

Congratulations on choosing physical over paper and coin of the realm is the best physical gold and silver that a UK citizen can purchase.

I wish you well in your endeavours. ATB Speedy

Hi We could argue the VAT on second hand silver Britts until the cows come home. The VAT is in the premium from previous purchases. There is a scheme to reduce the VAT paid but it is very often not reflected in the premiums charged.

I prefer topay the 0.5pc storage and insurance charge and buy my silver Britts free of VAT.

Vaults outside the banking system and outside UK jurisdiction (Swiss) are safer than storing a bulky stash at home. Gold Britts are a different story. Gold has and could again be confiscated, silver never.

ATB Speedy