Member Info for speedymeadie

Hi All. There is a vid i suggest all should see. "Live from the vault 108" Watch, listen and react. Our time is coming. ATB Speedy

Hi All. I would like to make a bet that the POG will not stay below $1900/oz for more than a few days. This movement down is all about a "stronger $" and if you believe that the $ is strong i suggest you do some research. This move is just paper trading shenanigans and should be used as a buying opportunity, i have. ATB Speedy

Hi All. Have been off grid for a few weeks with a deserved spell in warmer climes. Bit surprised to see the SP at 7.5p and not 10p. With the POG on the rise with massive buying by central banks and retail sites advertising the benefits of holding gold springing up all over the place, this bull market is gaining pace. The $30 swing trades have worked out very well and, as i predicted, volatility is increasing and the trade will soon be a $50 swing, if not now.
The SP for GGP will have to react to the rising POG as we near production. ATB Speedy

Hi Aimingtoplease. Thanks for the link, a very interesting read. It will be interesting to see where the 3rd legup takes us. Just a small % increase in gold into investors portfolios will see a massive leveraged lift for miners. Bring it on. ATB Speedy

Hi Culpepper. The stock that has been sold is only borrowed and must be returned. So the position is not history until they have bought them back and returned them. ATB Speedy

Hi Zoros. We will have to agree to disagree on the time remaining for USA world domination.
The first pour ingot is still very much in play and at the last meet SD backed it whole heatedly. He suggested i contact him nearer to the date and even agreed to handle payment receipts and delivery. ATB Speedy

Hi SAS. If that is really your wish then i suggest 500 gold Britannias to save you from a massive tax bill. But hurry because they will not be available at this relatively low price much longer. ATB Speedy

Hi Droverman. This is why i only use ETF (PHGP) for short term trading. Wealth preservation comes from holding Britannias long term. When the POG rerates to the upside it will be over a weekend and any holders of ETF "gold" with be locked out and paid out in useless $s at Friday close price, or nothing at all. All ETFs are a derivative bet with massive counterparty risk. It only takes one link in the chain to break and all fail. The fall will be fast and swift much like the fall of FTX. The derivative market is a multi trillion $ risk waiting to fail. Just hope JPM are at the top of that list. ATB Speedy

Hi Junglebabbler. In my eyes the USA has already defaulted on its debt back in 1971 when they refused to swap $s for gold. Since that date the $ has lost approx 98% of its purchasing power compared to gold. This has been achieved by issuing debt on a massive scale used to purchase goods and services from around the world. All those overseas $s will be worthless and holders of USA debt realize this and are dumping them ASAP.
Not sure how to answer the Ukraine issue but an alliance between Russia, China, Iran, North Korea and Latin America would render the USA impotent. Bad times coming. ATB Speedy

Hi Gerryjo. Not sure the banks have any reputation left to defend. ATB Speedy

Hi All. Anyone up for forward purchasing 1000ozs from GGP for the first pour commemorative ingot? Just a thought. ATB Speedy

Hi Gerryjo. For me gold has always been a "tier1 asset". The world is waking up to the fact that the present fiat system is in decline and the days of USA $ supremacy is ending. I am waiting for China to declare their true gold holding and expect it to be above 35k tons. I suspect that declaration to coincide with a gold backed digital world currency being used by traders for across border transactions. This is already happening and will accelerate
Gold priced in $s is a false indicator due to paper trading at a massive leverage. Gold priced in oil is a much better metric and grams /barrel has been in a range for decades.
Basel 1, 2, 3, and 4 have so far been circumnavigated, to a large degree, buy the bent (but legal) actions of the banks and the unwillingness of central banks to enforce the recommendations. The Basel recommendations have had an effect on the POG but the big driver is mainly China, plus others, buying massive amounts and off loading their $s.
The USA will not give up their dominant position easily and i see big trouble ahead. ATB Speedy

Brilliant

Hi All. There you go folks 9p today, maybe 10p by Friday. ATB Speedy

Hi Bamps. That prediction would tie in nicely with our production date. ATB Speedy

Hi Ace. Couldnt resist it. Maybe the SP is akin to quantum physics, you have to see it for it to happen. All together now, 10p 10p 10p. ATB Speedy

Hi chuff chuff. You dont happen to know where i could find a couple of Napier Deltics. Need them for my MTB. ATB Speedy

Hi chuff chuff. No emojis here, this site runs on steam. ATB Speedy

Hi All. With our assets (gold/Cu) on the rise it would be good to see 9p by close today and 10p close on Friday. That would make the market stop and look, and melt the short. ATB Speedy

Hi Aquakidd. Enjoy. ATB Speedy