Member Info for speedymeadie

Hi Floater. I just used the Stag gang as a starter, no first dibs intended. If share holders are interested in this deal and it is possible to arrange through the office it would be a great starting point for announcing first production. ATB Speedy

Hi Paddy. You say "first gold poured at Telfer" is music to my ears. I wonder if it is possible for share holders to claim the first kilo. I am sure the Stag gang would participate. I propose a forward purchase @ £50/gram. Thats 1000 shares at £50 each, just for fun. Who could we approach at the office to arrange such a deal? I can visualize GH, CB and SD handing it over at The Stag. Good PR stunt. ATB Speedy

Hi Viking. Had mine 3 weeks ago, Back Lane Rochford. Getting from the car to returning to the car, 3mins. Bad arm for 2 days and still aches a bit now. What hurt the most was going past all the shut pubs. ATB Speedy

Hi All. In answer to several posters here on the POG. You have to remember there are two markets in PMs (paper and physical) The paper market is stuffed full of shorts ($35billion), the banks are using every trick in the book (similar to here) to drive the price down to lessen their inevitable losses. The main thread at the moment is, bitcoin, rising bond yields, (therefore rising interest rates) and a more valuable $. This is pure fantasy. Bitcoin is a bubble waiting to burst. Interest rates will have to rise to a minimum of 6% to effect the POG. When bond investors come to their senses and realize that they are lending $s £s to establishments at a guaranteed loss and central banks stop buying their own govs debt, the brown stuff will hit the fan and rush into gold will be epic. The physical market is tight. Coin dealers that work on a small premium are sold out with deliveries taking longer. Dealers that have high premiums still carry some stock.
When, not if, the bullion banks give up the battle the chance to purchase physical gold at todays prices will vanish for ever. ATB Speedy

Hi INDEEP. You are not alone "meditating silver miners". They are extremely risky and i think the best way is through silver miners ETFs. SLVP SIL SILJ. All look interesting, problem is they are not tradeable with HL. I must add, i have warned about PM ETFs on here as most are not a safe long term hold but the mining ETFs are perfectly safe and are a good way of spreading risk. ATB Speedy

Hi SAS. Good post, and just goes to show how rare a decent find is and even rarer to get them to production. Hav is a one in a thousand and we are a part of it, makes you feel all warm inside. Once again, thanks for the work you put in, well done. ATB Speedy

Hi MrEMC2. By far the best silver ETF is Sprott Physical Silver Trust, ticker PSLV. One of the very few that actually have the metal in stock. ATB Speedy

Hi Rikki. Most "experts" are just talking up their own book. There are some that are worth following, Pierre Lassonde is at the top of that list. ATB Speedy

Hi All. Gold and silver are at, or very near, the bottom. Silver has had a better run than gold but both are still poised for a big move up. Most PM ETFs are rubbish. To take advantage of the coming bull, buying physical gold/silver in the form of Britannias will be the most tax efficient way. Best to get on now before it is too late. Premiums will rise and delivery dates will extend as this bull charges. ATB Speedy

Hi Preserve. That is the diff between trading and investing. Traders go grey investors hold for gold.
Well done to all who held their nerves in check. Only another 46p and i can buy my Gold Brits back. ATB Speedy

Hi All. This reminds me of my spell as a ticket tout at Wembly. Micheal Jackson sold out show, lots of fans bought extra tickets to sell on the day at a profit. I bought all day long and by 3 PM my pockets were full of tickets and no more cash. In the pub until 8 PM. Wondered down to the turnstiles to be met with a sea of locked out fans. Good day for me. Same here, switch off, relax, top up if you can, do not sell at this low. When this turns you will not be able to get on, so get on now. ATB Speedy

Hi Scall. You really need to do some homework on investing. There are many good books out there. Take some time,do some research, then invest. ATB Speedy

Hi Lam1. £20k each in a ISA would be better than a SIPP. ATB Speedy

Hi All. There is a divergence between the POG and TIPS and Silver. This is not a normal market event. If you think the SP for GGP is bent then the action in the gold market is Yuri Geller stuff. All markets that are miss priced revert to normal (usually with an overshoot). The POG and GGP will soon revert to value. What price that will be i can not say but rest assured it will be considerably higher than todays print. ATB Speedy

Hi Mush. Been doing that for years, it didnt work, but it made me feel better. ATB Speedy

Hi Silver fool. That statement is in line for first prize in the most stupid post ever competition. Gold is and always will be real money. Speedy

Hi Kevin. Put the monkey in its cage, best thing to do. ATB Speedy

Hi SAS. You beat me to it. ATB Speedy

Hi Monkey. Why do you keep on about the possibility of dilution. Your question has been answered several times here. Your constant subtle negative posts are becoming boring and no one here cares a dam what you say. Put your hard earned in and see some profit or dont, we do not care either way. Speedy

Hi Hydro. Any chance of a post regarding holdings to date. It will be interesting to see the changes. My prediction is a fall in nominee accts and an equal rise in IIs accts. ATB Speedy