Member Info for speedymeadie

Hi Red. In answer to your question. The USA $ has been the "go to" in bad times and some still see it as safe today. Times are changing and along with all major currencies the coming inflation/hyperinflation will see them revert to their true value, ZERO. The USA has had its day and is in decline due to stupid wars and living beyond its means, financing gov spending with a flood of debt that will never be repaid. Gold will do what it has done for 1000s of years and preserve spending power. The profit will be seen by those holding physical gold when the manipulation comes to an end. Will the implementation of Basel111 be the catalyst? i have no idea but it will certainly help. ATB Speedy

Hi All. No matter how hard the bullion banks try to drop the price the physical buying takes it straight back up again and blocking their retreat from the short side ($35 billion). What is interesting today is the USA $ index is rising and so is gold. HNW individuals around the globe are buying into physical gold for a safe haven and fewer into the $. I think the $ is looking stronger only because all the other currencies measured against it are in a worse position. My physical gold pot has taken quite a hit this year along with my GGP stock and all because of a bent market. No worries at all as all manipulated markets revert to fair value and i expect a reversal to the upside for both prior to the new year. ATB Speedy

Hi All. The £3mil sale this morning at 15 50 does not ring true. The reasons could be many, forced sale, not worried about profit, risky shorting sale,fat finger, who knows? This must be the low spot in the SP and north is looking to be the coming direction. Too much news due to let the touts nip your stop losses. ATB Speedy

Hi Stone Roses. Evergrande borrows over £200 billion to grow its business fast. What ever happened to organic growth. Wonder if the Chinese gov will snatch the £10 billion from the boss. "Too big to fail" is a term for the "head in sand brigade". ATB Speedy

Hi Welsh. My insider info has just informed me that BBMV has tunneled under Hav and are now stealing our gold and bringing it up Nine Elms. My truck is parked nearby and i am waiting for the signal to back it up. ATB Speedy

All on red is a bankers dream bet with the odds on black or zero giving them the edge.

Hi Huncher. I have the same niggles, the slippery ones will find a way round the new rules (OTC Trading) but there will be a reduction in the naked long, sort game. Also banks trading in Crypto will come under the same regulations. ATB Speedy

Hi All. The manipulation of the PMs market is coming to an end. Basel 111 must be implemented in London by Jan1st 2022. Basel 111 is not about the PMs market it is all about making derivative trading unprofitable and reigning in the banks massive gambling side bets on side bets on side bets ad infinitum. The side effects on the gold market will be a virtual close down of the Comex and the LBMA dealing in unallocated gold positions making price manipulation with paper gold unprofitable. Gold trading will not cease but will reduce participation amongst banks and hedge funds and increase trading in physical metals (Shanghai physical exchange will benefit). With paper gold trading becoming unprofitable, physical gold trading will return to a true supply and demand market. There has never been a better time for the worlds gold producers to get together and make their own market place. Where are you Mr Lassonde we need you to start the ball rolling. ATB Speedy

Hi All. Todays discussions have been abysmal. we have seen a flood of whinging , moaning, sad suckers, negative spewing uneducated tosspots. Must mean something big is about to happen. Palantir going to buy in? ATB Speedy

Hi Burleigh. Please stop, my eyes are starting to glaze over. Speedy

Hi Mush. Good to be back. October rainbow is 1:6 odds on fav. ATB Speedy

Hi All. We are well passed the stage of dilution for fund raising (unless we do a leveraged TO of Newcrest, LOL) With production on the horizon this thought should be put to bed. ATB Speedy

Thanks Greggie

Hi TomE. Thanks. Britannias are needed now more than ever. When the brakes come off the paper market the physical PM space will fly, taking GGP along for the ride. ATB Speedy

Have i missed anything? Been drinking pubs dry and having a spell away from the keyboard. Unlike my pick at the 3 35 at Doncaster (St Ledger) i am 100% positive that my investments in physical gold/silver and GGP will never go to zero.
The PMs space is taking an orchestrated hit and the bullion banks are desperate to clear their short positions prior to the resumption of the historic bull coming our way. ATB Speedy

forgot to mention bucket loads of scrap gold

Hi All. One other Asset i own is a shed load of silver Brits. ATB Speedy

Hi All. My new 3 family ISAs are now open and full of GGP stock and just purchased a hat full of gold Brits from Atkinsons. Thats me for a while, i am all in with GGP and gold britannias. I hold no other assets apart from my 1964 hull. Totally relaxed with my position and will now enjoy the rest of the summer (down the pub). Speak to you all in a few months. ATB Speedy

Hi East. Thats one each then. ATB Speedy

Hi Lenz. Good god man, me, spend a tenner on wine women and song, i was thinking of spashing out with three half crowns. ATB Speedy