Member Info for speedymeadie

Hi All. Good debate here about the POG and GGP (both are joined at the hip). With the USA, Europe, UK, Canada et al creating unearned currency out of thin air it can only lead one way. There will be a breakdown in the purchasing power of that currency. Pms will not suddenly increase in value but will retain purchasing power. There maybe a increase in value due to the ending of the price manipulation. Gold will not buy you more land in 2030 than it does now but the amount of fiat you will need will be off the scale. Cos such as GGP are a leveraged play the POG/CU and will increase in value. ATB Speedy

Hi Mapp. Look forward to meeting you at the stag. AIM is a game same as life is a bowl of cherries. ATB Speedy

Hi Jai. You are correct, there is so much info out there that it is extremely hard to sort out the chaff from the wheat. All i know is that gold and silver will never ever go to zero and is more than likely to double from here. ATB Speedy

Hi All. Dont look in here too often but after all these years as a share holder i feel part of the family. Who would have thought that with all the valuable assets we hold we find ourselves languishing at 1.5p. It just goes to show value of "in the ground " is basically worthless if you do not have the finance and knowledge to get it to market. How this saga ends i have no idea but any end (even insolvency) is better than this continued torture. ATB Speedy

Hi All. It seems to me a poster named "better shut up" has jumped on my post stating the POG may fall to $1400 and stating $1300/oz and GGP in the 12p range. I personally think those prices are in the extreme and long before they are hit a massive amount of buying will prevent those prices from been hit. The fall in the POG can be blamed on bitcoin, bond yields, COMEX shorts, inflation , deflation Etc but the elephant in the room is that the world economy is in a debt trap and unlimited amount of currency creation will see the POG and real assets such as GGP find their true value. All guesses as to what those levels will be are just that, guesses. Suffice to say a considerable amount more than todays prices. ATB Speedy

Hi All. Over on the COMEX the banks have reduced their shorts,at a profit, by approx $25billion and the hedge funds have sold down their longs,at a loss, to almost nothing. The shorts now have nothing to target and will be getting desperate to clear a few more short positions before exiting the market or going long. Bond yields have gone up 200% but are still giving a negative return and the fed will soon step in to drive the rates down, they have no option". I see further falls in the POG but we must be very near the bottom.
Sorry Tig, nothing i can do about the POG but rest assured we are still in a bull market and it is only the start. ATB Speedy

Hi Imp. Good vid. Forewarned is forearmed. The equities market is overpriced and in a bubble waiting to burst. When, not if, it bursts every thing is taken down with it. The only unknown is when. The smart money will already be prepping and is buying up real assets. Almost every commodity, apart from gold is soaring. Why? Central banks are scared of gold as it shows how worthless fiat is so they suppress the POS/S to cover, also the bullion banks want to reduce their shorts in gold and silver prior to going long. When central banks lose control and when bullion banks go long you will see a bull in gold and silver like never before. Combine that with more good news about to be released and our SP will recover spectacularly. ATB Speedy

Hi SAS. I flew on them last time i went to Guatemala they are called Iberia. ATB Speedy

Hi Redirons. You have read my post correctly. I suspect the POG has further to fall and if i was using leverage in the market i would be short now, but i am not, i am an investor and very long and gold and GGP is a good place to invest. I have been investing in the PM market for ages and such distortions in the market place need to be taken advantage of. ATB Speedy

Hi All. My post yesterday seems to have caused some people distress, this was not my intention. My post stated "leveraged traders" not investors, there is a huge difference. I have always said the best way to buy physical gold is doing it monthly or quarterly. The POG may hit $1400, it may not, If you are investing it does not really matter as over time it will be a good decision. The same goes for GGP if it does go sub 20p it does not matter , buy more if you can, hold but do not sell. When the correction in the POG is over and new highs are achieved our SP will respond accordingly. Or more good news will come our way and lift us higher, either way, this Co is growing and a higher SP is on its way. ATB Speedy

Have just taken you off filter to see your response to my last post. I stand by what i say and buying gold at any level is a good strategy until interest rates beat inflation and central banks around the world stop destroying their currencies. If your last post is all you have to add to the debate is humbly suggest you desist.

Hi Sanibel. Liquid gold, yummmm. ATB Speedy

Hi Sojourner. It was going to be in the high lands of Tenerife but the military have just banned the sale of farm land to outsiders. I have my eyes on a plot down by Hastings. ATB Speedy

Hi All. The PMs market is a volatile place. If you are a leveraged player i suggest you go short. I see gold going down as far as $1400. This will allow the bully boys on the COMEX to close a larger portion of their short positions. This will drag us down and maybe sub 20p. I am worried? No. It may not happen the way i see it, but it might. What is important is do not get flushed out. When all this false correction in the PM market has run its course the(3/6mths) the metals will fly as the bully boys go long. JPM are super heavy with physical metals, when did they last make a bad trade. Hold your nerve, this SP is also news driven and a spike can land at any time so hold tight do not try to play the market. If you have any doubts, sell and be at peace. I will be holding and adding. ATB Speedy

Hi SAS. No siht shoveling for me. I have a plan for a 200 acre plot with Lime trees to the north herbs to the south and everything else inbetween for rent to bee keepers and a share in profits from honey sales. Not fantastic profits but i am sure it is a good use of resources. ATB Speedy

Hi Bamps. So Hav alone is expected to be in excess of 30mil ozs. The farm can wait till we hit a "Mickey". ATB Speedy

Hi Jerry. Inflation is the elephant in the room. Normal times would see inflation headed off with higher interest rates but with world debt at huge levels rising rates are not going to happen, at least not at a level that out paces inflation. The best place to be with inflation expected to be quite significant is real assets.
Come on GGP i need 50p to buy that farm for my family. ATB Speedy

Hi Cneighbour. The bull in the overpriced equities market(tech, finance) will end soon. Inflation will rear its ugly head to scary levels and real assets will be the place to be. The commodities super cycle event is all about supply and demand. With an unprecedented amount of fiat sloshing about and world population exploding the rush into real assets is a guaranteed event. GGP has real assets by the shed load. ATB Speedy

Hi RTC. After a concerted effort by the bullion banks to lessen their short exposure to gold the price is still 5% up on the year, 40% up in 5 years and 500% up since 2000. Gold is volatile short term but over time it does what it is meant to do, preserve your spending power. ATB Speedy

Hi MrEMC2. I think i will save £s and $s for that. ATB Speedy