Member Info for speedymeadie

Hi Jet. Manipulation it is then. ATB Speedy

Hi All. I would like to hear peoples explanations for the present SP. POG and CU up in the last 12 mths, well run Co, plenty of gold found, no debt(yet), good jurisdiction, no massive infrastructure finance needed and JV with the best. As Sherlock would have done, by deduction it can only be manipulation. All manipulated markets revert to value and i recon our true value is way above where we are today. Any other explanations? ATB Speedy

Hi Freddie. More sense listening to "you were made for me", just a dreamer, showing my age now. Speedy

Hi All. Pier Lassonde is the heaviest of the heavy weight leaders in the PMs market. Franco Nevada was one of the first Royalty Cos and it became the bell weather for may more. His expertise in the field is second to non and his business sense has made his followers massive profits. Listen to what he says and act on it. ATB Speedy

Hi Imp. Eventually they will not find anymore so that stock will become worthless, unlike real money ,physical PMs. There is always an argument for or against, that is why i hold both GGP and physical assets. ATB Speedy

Hi Napthman. Was that aimed at me. Speedy the subtle deramper. I have never been subtle at anything. As for me dissing GGP, you are way off the mark. ATB Speedy

Hi Hydro. Very hard to call the end game correctly. The way i see it is the custodians will close the funds on a Friday pay out in worthless $s (or nothing). Over the week end there will be a re rate in the POG/S and the open on Monday will see the rise. I may be wrong but i recon i am fairly near the outcome. ATB Speedy

Hi Kabaa. Shares in GGP or holding physical gold is so different it does not do good trying to say what is best. Eventually the gold in the ground will be mined and gone to physical holders, rendering GGP stock worthless. My physical holdings are for my heirs my GGP stock is for spending. ATB Speedy

Hi Bancal. Good vid. It explains the dangers in easy terms. No participants in PM ETFs have rights to physical. The physical stays in the vaults and traders trade shares in the ETF not the physical. This may not seem to be much of a problem until you realize who is looking after the physical (the custodian). The largest is JPM and when the brown stuff hits the fan they will declare a force majeure and participants will be left holding worthless bits of paper. ETFs are OK for short term trading with what you can afford to lose, but for wealth preservation buy physical. ATB Speedy

Hi All. Russia kills its citizens at home and on foreign soil, democracy is non existent, Mr P is in total control. Risk is of the scale in Russia, but so are the rewards. ATB Speedy

Hi Monty. When i mention our partners name in a post i have to check it twice to make sure that mistake is not made, so easy to do. ATB Speedy

Hi All. Russia kills its own citizens at home and on foreign soil, democracy is dead in Russia, Mr P is in total control. The risks of investing in Russia are of the scale, but so are the rewards. ATB Speedy

Hi Jerry. So subtle, how about being a bit more decisive, make your mind up. Newbie and lying toad? ATB Speedy

Hi Meerkat. Just the fact that you are contemplating buying physical gold is a step in he right direction. Do not overthink it. Buying gold is as easy as buying stocks and shares. When you buy stocks you do not see them same as stored gold (highly advised). Gold bought and stored at the place of purchase makes it super easy to sell some when needed and being very liquid there is never a problem. The best investment in gold for a UK citizen is the gold Britannia no VAT and no CGT, expect to pay a premium around 4%/5% above spot. My advice would be to contact "The Pure Gold Co" and read their investment guide. Hope this helps. ATB Speedy

Hi Panama. Love it when you talk dirty. ATB Speedy

Hi All. Silver is back to where it was yesterday. The Reddit/WSB people have got it wrong. As i stated yesterday the only way to beat the banks is on the physical market, trying to beat them on the paper market is almost impossible. If you want the POS to rise it is really simple, buy some silver Brits. ATB Speedy

Hi B4zh. Some people think that talk of market manipulation is all conspiracy and tin hat stuff. Well, looking at the SP drop here i think nearly all people will now see that manipulation is possible and happens on a regular basis. Not sure what motives are driving this but probably to fill IIs orders. I remember Arnold Palmer suggesting 22p, this is too close for comfort and he must be linked some how to the manipulation (or working for them). It is now getting near to the price that i will be selling some of my gold holdings to do some serious buying here. Too good an opportunity to miss, thanks Arnie. ATB Speedy

Hi Hydro. Loaded up well in advance. Have been buying from $12/oz. I think the bounce today will be sold into by the banks. Long term only one way for silver same as GGP

Hi Hydro. I think i will wait and take profits in the £s. ATB Speedy

Hi All. Silver has been the focus of shorters for many years and they have profits in the $billions. Recently investors on the COMEX have been standing for physical delivery as apposed to the normal payment in $s. This has caused massive liquidity problems in the physical market. The bullion banks are now short 100 million ozs of paper silver. If the Reddit/WSB gang really want to beat the banks the only way they will succeed is by buying contracts for silver futures on the COMEX and standing for delivery. This will break the banks in short order. Trying to beat the banks by going long paper silver ETFs will result in the banks taking WSB to the cleaners in a massive way. They have unlimited amounts of $s to overcome any pressure on their paper positions. Always buy physical and leave the paper markets to the gamblers. ATB Speedy