Member Info for speedymeadie

Hi Sureas. You say "gold may benefit" i think that is a vast understatement. The full impact of the cypto crash has yet to be felt. When it does i see contagion into other areas as crypto investors sell everything to cover losses. When the dust settles folks will realize the benefits of real assets and the rush into the PMs space will begin, if it has not already began. ATB Speedy

Hi All. If investors really understood what is going on in the PMs market and world finance, the rush into the PMs space would be biblical. The powers that be, backed by MSM, do not want investors getting interested in the PMs space for obvious reasons. What we have in GGP is about the best way to take advantage of the coming rush. ATB Speedy

Hi Ace. Essex is much better off without them, even the gangsters wanted them gone. ATB Spedy

Hi Ace. My recent purchase of a family home in need of refurbishment has suffered from a lowering of finishing touches due to me not wanting to sell any GGP stock (at this level) and i will definitely not be letting go of any of my Brits (well maybe some at $10k/oz). I just hope your commitment is not too large. ATB Speedy

Hi All. With trading volumes at low levels not seen since 2015 it is easy for the manipulators to suppress the SP whilst hoovering up the panicked sales. Just a few 100k sells is enough to keep the lid on the SP. We need to somehow break this pattern either with a new find or news on the increasing size of this giant. One thing is for sure, this low SP will not continue for ever and the nearer to production we get the less effect the selling will have as investors seek stock. ATB Speedy

Hi Trippy. GGP will stay stagnant until it doesnt. When the cheap accumulation, via depressing the SP, has been achieved we will see significant increases in the SP. Stay the distance and all will come good. ATB Speedy

Hi All. The spectacular collapse of FTX should send out a warning to all who hold funds in "investments" backed by nothing. ETFs and the like are a trap. The investing world is full of worthless clicks on a screen. The trillions of $s in the derivative market is a bubble waiting for a pin. Real, hold in the hand, assets are the place to be. ATB Speedy

Hi Portfoliopower. I have been saying to folks here to "position accordingly" for what seems ages. It is all about the timing and i seem to have been a tad early. I honestly believe the POG is starting a massive bull run and the best way to profit from the coming uplift is to own the producing Cos for profit and to own physical gold for wealth preservation. ATB Speedy

Hi All. What has caught my attention is the two jumps in the POG have happened on USA time. Maybe the Cayman isle based hedge funds are dumping USA treasuries and gong long gold. We are in for some interesting events in the market place. Long USA $ short gold is not the place to be. ATB Speedy

Hi Ace. When we get back up in to the teens and POG hits $2000/oz, maybe a celebratory drink at The Bull. ATB Speedy

Hi All. Never thought i would see excitement about reaching 8p. I am not really bothered about day to day SP movement, just confident about the coming surge in the POG and GGP producing it by the shed load. ATB Speedy

Hi Pasb. Many thanks for the belated response to my post. Please feel free to present to us the good news about the world economy. Also divulge some uplifting news about the position of most central banks. I suppose it would be too much to ask for your positive views on the unraveling $600trillion derivative market (those commercial banks are in such a wonderful position). The overpriced stock market needs some good news from you. Maybe you could spin some good news on the fact that most fiat currencies have lost 95% of their value (against gold) since 1970s only another 100% to go to reach their true worth.
Your vision of me in a darkened basement counting my coins is a bit off as i have never clapped eyes on nearly all of my purchases and the last place they would be is in a bucket, nice vault in Switzerland is a much better place.
So if you feel inclined to answer i would be delighted to hear some good news. By the way its Speedy.

Hi RTC. Start with the £65billion to bail out the pension funds. Banks are reporting massive increases in un performing debt. Also the £trillions in the derivative markets are starting to unfurl and the big banks are up to their eyebrows in it. Central banks will have a decision to make, let the too big to fail banks fail or bail them out with massive amounts of QE (or some other name). ATB Speedy

Hi All. An exciting end to the week for the POG. The hedge funds have increased their shorts while the banks have reduced. The fed announcing a possible slow down in the rate rise, and gold spurts 3%, just imagine what will happen when they turn on the money printing taps to help out the failing banks. We are in for a very exciting time for gold. Have you got your physical? ATB Speedy

Hi Pasb. Your last paragraph in your post says it all. You are trying to put doubt in peoples minds. You may as well of said "it is a possibility that NCM will accelerate the rate of development at Hav", but that would not help your cause, would it. Speedy

Hi Upto. Good question. I expected the banks to go long some time ago, but they are still short. The manipulation will end when the physical market buying overwhelms the paper trading. This is slowly happening now with premiums for physical gold getting bigger and bigger over the London pm am fix. I have been prepared and waiting for this event now for what seems like for ever. One thing is certain and that is this event will eventually happen. ATB Speedy

Hi Bellers. Give ebay a big miss for purchasing gold coins.
The bull in gold is not even underway yet, when it goes you will not be able to buy coins for any amount, except Chinese fakes on ebay. ATB Speedy

Hi Ben. 20% vat on the tens of thousands of ozs a day at £300/oz ( current price for high grade) would just about pay for the champers down the club. ATB Speedy

Hi All. Whilst waiting for news, sorry for off topic, but this will have a bearing on most PI GGPers. With the govs black hole, £50 billion, the chancellor will be looking to raise taxes. I strongly suspect a change to ISA rules or a one off grab on tax free profits. I am sure HMRC can not tax existing profits but i suspect future profits will be a target. Any tax experts out there with views on this. ATB Speedy

Hi All. The POG is as baffling as is the SP for our co. All pointers are towards a massive re rate the only question is, when? For the POG, short term it is when central banks flip and start to reduce rates and start a fresh round of QE to "save the world". For GGP the when is getting closer and closer. ATB Speedy