Member Info for speedymeadie

Hi All. The criminals in charge of the FED will not want gold to fly, be prepared for a substantial pull back. The pullback will be bought into by physical buying and short lived. The FED has no idea about what to do and can only print more $$$s to try and stem the flow. The PMs market is about to witness a historic event and gold producers will be the biggest beneficiary. This is why JPM are sniffing around GGP, they are fully aware of the coming rerate in the POG and want in. We, as PIs, have no other option than to hold or top up at these ridiculous prices.
I have been banging on about physical gold ownership here for 2 years and now anyone that listened and acted will start to reap the rewards. I posted here ages ago that the time to sell your gold is when you can purchase a 3 bed semi house for 50 ozs of gold. I do not think we will have too long to wait and estimate somewhere between 3 to 8 years. ATB Speedy

Hi All. I strongly recommend no litter picking in front of doggy. ATB Speedy

Or counter with research

Hi All. If this level can hold for the week then we can expect a sharp rise to $2000/oz and beyond. The rise is not because of Mr P or inflation or world debt or fear in the equity markets or currency debasement or negative interest rates or Basel 111 or the fact that gold has been a store of wealth for 5000 years, it is a combination of them all. I am not going to work out the effect of a $100/oz rise on our SP i will leave that to the number crunchers, its big. ATB Speedy

Hi Clairabella. I am unable to re post but they were along the lines that the COMEX and LBMA are playing with a mountain of paper Ozs of gold (long and short) to control the gold market. The COMEX is starting to become Basel 111 compliant and one of the big banks is about to make an announcement that there are withdrawing from trading on the COMEX. The LBMA will have to comply soon and will need a lot of physical gold to carry on controlling the market and at the present price there is not enough to back the trading. We have a lot of physical gold and JPM/UBS/ Standard/HSBC will want it. ATB Speedy

Hi thedoors. When a date is fixed for the meet let us know, Mrs Speedy and I would love to attend. ATB Speedy

Hi All. Just noticed my 2 posts from this morning have been removed. That tells me my assumptions were near the truth. The bullion banks want our co and will do what ever it takes to get it. They know the POG is going up much higher and their paper games are coming to an end. My stock is available @ £1.44p, come on Jamie you know you want to. ATB Speedy

Hi Joe. I posted something similar the other day. GGP is too small to attract JPM for short trading profit (unless they are training an intern). My view is they are setting GGP up for ???????????? no one knows. ATB Speedy

Hi all. Many be SD should tell the world how much gold he thinks is down there and then just promote the possibilities for the POG. That should do it. ATB Speedy

Hi All. Things are now getting really bad. Gold is going to show it true worth. If anyone here believes that inflation is at 7.5% i suggest you stop reading lies from your government. If you look at the prices of things you buy all the time then the real fig is probably over 20%. Gold producers will be the go to asset and i think this is why the miners are being controlled by the big boys. Some investment banks are promoting crypto, i see this as a ramp to draw in funds prior to a crash. Gold has been and always will be the ultimate wealth preserver. A minimum of 10% of your portfolio should be in Brits by now. I hold historically purchased Brits and my portfolio is heavily weighted towards physical metals. The decision to do the same is up to you. ATB Speedy

Hi Panama. Hence the name. ATB Speedy

Hi Jerry. Why Carva? there are some excellent Champagnes available at a discount on my favorite isle. Whilst there visit Casa Chicha (0034 685503614 call before travelling) in San Marcos on the North side, you will not be disappointed. Tell Luis hello from Martin. ATB Speedy

Hi All. Incentives work. The small amount of dilution involved is insignificant compared to the potential outcomes. Let us wait until there is full disclosure, before jumping to conclusions. ATB Speedy

Hi Lenz. When buying gold coins it is important to realize that sovs are not pure gold and carry a higher premium than brits. If buying large amounts (over £100000) M.A.M are good, if purchasing smaller amounts Atkinsons are good. Sovs are great for holding a few at home but i strongly recommend storing your coins at place of purchase. ATB Speedy

Hi Jonno. Stagflation is defined by a falling stock market, high unemployment and weakening currencies (recession). This happens at the same time as prices rise (inflation). At the moment 2 out of 3 (falling stock market, high unemployment) has not happened but probably will and as we all know inflation is rampant. There is a high probability of stagflation in the not too distant future. General consensus is divided about the effect on the POG. In the past periods of stagflation saw falls in the POG but this time round things are much different. Central banks are unable to raise rates to beat inflation due to so much gov, private and Co debt so rates will remain negative for a long time add this to a coming collapse in the bubble markets and geopolitical problems is see no headwinds for the POG. ATB Speedy

Hi All. Too many posts on here "playing the man not the ball" so here is something to contemplate.
The POG will increase even with the central banks raising rates. With inflation @ 10% plus, the rate rises will never be allowed to catch up and will remain negative for a long time. In the next couple of years i see the POG going well over $3000/oz. Bamps estimates for revenue uses todays POG, i say x 2 . Then factor in Paddys posts about another Hav around Hav and the profits are mind blowing. The big boys know all this and will want their share. Use the depressed SP to add if you can, if not hold what you have and do not be scared into selling. ATB Speedy

Hi Gecko. I posted something similar the other day, the fines imposed are just license payments. ATB Speedy

Hi All. JPM hardly ever lose a trade. They will be buying the forced declines daily and selling on the rise repeating the trade and taking profits on the way. To think that they will "burn" is naive. They will have to close their short position but it will not be at an overall loss. To LTHs it is just another day at the office. I suspect they will close soon unless they have inside info on the 5% sale and it is less than we expect. Personally i care not one jot about short term SP movements and am 100% convinced of a profitable outcome. The POG will ensure that. ATB Speedy

Hi Tymers. What are the main drivers for the POG?
1. Geopolitical discord
2. High inflation.
3. Negative interest rates.
4. Fear of a bursting bubble in the equities market.
5. Currency debasement.
6. Massive amounts of un payable world debt.
7. Growing distrust in the banking system.
8. Owning a tax free, increasing in value asset.
Fact. ATB Speedt

Hi All. There is a massive battle going on in the gold market. The powers that be want it below $1800/oz and the market keeps on putting upside pressure on that "sweet spot". I have said before and i say again that when $1850/oz is breached and closes above for a week the spike to $2000 and above will be short and sharp. In all my long years of gold investing (long and short) i have never seen a more bullish stance. If the POG does not close for the year above $2000/oz i will eat my girlfriends cat. ATB Speedy