Member Info for speedymeadie

Hi All. SAS can stand for many things "the sneaky brigade" or for "Shagging A Sheep". Just joking Spades. ATB Speedy

Hi Monty. The countries holding the most debt to the USA are Japan and China. Japans debt to GDP is 225% China has reduced its holding of USA treasuries every year for 10 years and by 4% in the last 12 mths The biggest holder of USA debt by a country mile is a combination of social security and pension funds. Glad i am not dependent on gov hand outs or pension payments. How can the the world rely on the USA to repay that debt + inflation, the answer is they can not. I am no expert on treasuries and the way the repro market works but i have no faith in the USA to honor its debt with profit to the lenders.
Owning physical gold is a sleep at night kind of thing. ATB Speedy

Hi Monty. The USA $ is ending its life as are most fiat currencies. If, as you say, you understand gold and its role as money then you will know the only safe way to play the coming hurricane in the financial world (JPM words) is to own real assets. Treasuries,bonds and financial stocks and anything linked to the derivative market are in for a massive shock. I will stick to my physical gold for some considerable time and ignore your advice and dig even deeper into the gold well. ATB Speedy

Hi All. The proposed "first pour" will be in bar form not coinage. The costs involved in striking a coin for a smallish initial run of 200 makes it a non starter. The form it will take is a 1oz ingot. The design shows a serpent guarding the sacred waters ( a nod to the land owners the Martu) also visible will be 1oz 999% gold from first pour at Hav. The back will be blank so you can put on it what ever you want. ATB Speedy

Hi Monty. USA inflation hits a high (official 8.5%) more like 15% and the bullion banks hit the POG for a few $s and then a big rebound. I suggest you dump your stance and buy some physical gold. ATB Speedy

Hi all. Talk of 70million ozs at Hav is mind blowing, if they find only half of that i will be well and truly happy. With gold expected to be well above $2500/oz by the time we are producing the profit potential is (add your own adjective). Anyone considering selling must raise their target price by a considerable amount or they will suffer from extreme sellers remorse. ATB Speedy

Hi MontyMcgree. The amount of $s sloshing about in the system is frightening. Trillions of $s looking for a home. Treasuries are,at the moment, the place where the commercial banks park their funds. Every bill looses money (approx 2% interest 10% inflation). All this fiat placed in treasuries is unproductive. The banks are too scared to lend to each other. I am not an expert on reverse repro, but the Fed is sucking up unwanted $s at an unprecedented rate. How long can this continue? ATB Speedy

Hi All. May saw massive outflow of funds from ETFs, the most in 20 years . Mainly financial and tech but most other asset classes also saw huge withdrawals. The swing into safe assets will soon happen and gold and gold miners will benefit from this tsunami of billions upon billions of $ £ Yen Euros etc looking for a home. For years it was treasuries that investors went to. This time it is different as a large % of investors shun treasuries and look for a better asset. Have you got your physical? ATB Speedy

Hi Blantyreboy. It is already happening. Gold has been recognized as a tier one asset for some time now (1:1) Physical gold reserves are treated as 100% on banks books. The banks know that golds role in the worlds financial affairs will be considerable, why else would JPM be the biggest private holder of physical gold in history. JPM are the main liquidity providers in the gold market and are reluctant to back the deliverable COMEX paper market. They cleared their short position in gold and silver many moons ago leaving the other bullion banks holding the bag. They are fully aware of what is coming and have positioned themselves accordingly, so should all who can. The shift will be gradual and not an overnight event but there will be a tipping point and the change will then be very fast. I hope that answers your timing question. Timing is everything in markets but i am not sitting back waiting for the correct time to come and have positioned myself in readiness. ATB Speedy

Hi all. The "ministry of truth" hiding under the guise of LSE are pulling out all the stops to prevent the real news about GGP hitting the site. The censorship here is beyond belief.
Our mine at Hav will be massive and spewing out profits in the $billions for many years, The big boys will try to use every trick in the book to relieve us of our coming profits. Do not be mislead, the POG will reach unprecedented levels when the world wakes up to the role of gold and GGPs SP will reflect that rise and surprise even the most enthusiastic of us. ATB Speedy

Hi all. God bless our queen. She has been faultless throughout her 70 year reign. Hard act to follow. ATB Speedy

Huan. CU covers that, but you know that already. Speedy

Hi All. The only problem with todays print is if you have to sell. All the FUDERS are out in force and that tells you something is afoot. The POG is only going one way (and it aint down) with circa 30 million ozs in Hav alone the profits here are mind blowing. This is why the big boys want your stock. In hind sight it would have been prudent to sell and then buyback cheaper but this is the real world and my crystal ball is a bit cloudy (apart from my POG ball).
It is quite disturbing to realize how many first class posters are missing and we are suffering from their absence. ATB Speedy

Hi Hydro. Try the Ivy Asian, Kings Road. ATB Speedy

Hi Ben. A little more patience is required, the 4/5p advances will happen, but no today. ATB Speedy

Hi Diver boy. The "first pour" 1oz gold bars are designed (serpent protecting the sacred waters) this is a nod to the Martu folk and discussions with the Perth mint have assured me that the bars will be as close to all Hav gold as is possible (production parameters). The GGP office have stated they are in favor of the idea and i am hoping they will deal with payments and delivery. There will be an initial run of 200 bars. I see no point in folks stating "put me down for X amount" Lets leave it until nearer the date. The only thing that will stop this happening is a buyout and that is not going to happen unless a fair price is paid. ATB Speedy

Hi All. As all sane people know by now this market is bent. We are being manipulated by the big boys to facilitate a low ball offer for what is the find of the decade. We PIs are major holders and if we crumble the big boys have won again. Under no circumstances must we lose sight of what is rightfully ours. Those in the know are aware of what Hav is worth and will use every trick in the book to steal it from us. Stay strong. ATB Speedy

Hi Colonel Drake. You took a guess ages ago at a future price for GGP and got it right. That is probably the only thing you have got right. The 5% sale has no reflection on the true value of Hav and is based on "a point in time" You state 20% when we own 30%. Your fear that NCM will have us over is unfounded, we have a great team with a high level of knowledge and a great CEO in SD.
If you want to be taken seriously i suggest you do some research prior to posting. What is more likely is you are being told what to say by a team of spivs and they have no idea what GGP is, or will become. Speedy

Hi All.Just a few years ago if someone mentioned that the gold market was manipulated they would have been called paranoid, now it is a proven fact and most now agree. Same for GGP. Why are we being targeted ? JMP have no interest in small profit, they are looking for a big payday. Our SP was overbought at mid 30p now we are oversold and some. I have no doubt that JPM are acting for a entity to facilitate a lower Sp than the assets warrant. Who would benefit from a low SP? You already know the answer. How fortunate are we to have SD at the helm, he will not let the manipulators steal our profits. ATB Speedy

Hi All. With equity markets around the world looking extremely vulnerable to a long decline (do not buy the dips) where will all the funds go en mass to protect against inflation? Answers on a postcard please. ATB Speedy