Member Info for speedymeadie

Hi Yorkshirelife. Gold has over time proved to be a good store of wealth (unlike silver that has made a considerable loss, recently). My personal opinion is that today silver will be a better buy. When buying PMs or PM stocks be aware of the tax payable on gains. For tax free gains hold in an ISA or purchase coins such as gold Britannias or Sovereigns, silver Britannias purchased and held offshore have no VAT and are CGT free, unless you take delivery. If purchasing gold ETFs be aware of the FX changes as gold is priced in $. Gold stocks are about as risky as can be, spread the risk by buying a fund such as GDX or GDXJ. All that said GGP is about as good as it gets in the gold stock theater of war. I wish you well with your investments/gambling. ATB Speedy

Hi All. Gov intervention nearly always makes a bad situation worse, stamp duty on property, stock market manipulation, QE, negative real interest rates are all good examples. Let this cod virus run its course naturally, panic and disorder are our enemies. Take common sense precautions and most people will be fine. ATB Speedy

Hi Kalan. Thanks for the reply, please do not be envious, 16hr 6/7 day weeks for over 20 years, always living below income and holding back on holidays and new cars. Moved home 13 times in 12 years stepping up the ladder each time. Sold my property portfolio just before the crash at end of the 90s then retired at 45. Now its ahhhhhhhhhh. ATB Speedy

Hi Kalan. Thanks for the reply. I have a large % of my funds in pysical gold/silver mainly Britannias and scrap, some funds in physical ETFs and gdxj and ggp and a small punt with amc I hold no other stocks and very little cash. I sleep well at night in homes in Essex and Tenerife with no debt in the knowledge that my wealth will never ever go to zero, unlike over leveraged gamblers/investors. I look forward to your post on a bear market. ATB Speedy

Hi all. The mix described in ****tail is basically an immune booster and will help in combating all viruses not just corona. Must add that all the aromatic herbs are helpful, do not forget lemons and sea salt, a heaped spoon full of betonite clay in water once a month works wonders for the liver as an extra boot to the immune system. Stop boozing and eating poor quality foods and sugars and you will be fine. An excellent book to read is "My earth my cure" by Raymond Detricht (think his names right). ATB Speedy

Hi Kalan. I think i understand what inflation will do to the POG and silver but what will a period of deflation do? If goods and services become cheaper, then i can buy more services and goods with my gold. Or am i getting the wrong end of the stick? ATB Speedy

Hi All. The fall is being orchestrated by the bullion banks in a last ditch effort to clear their shorts, they know that when the Fed start to increase their supply of $ (it will be many trillions) gold and silver will truly fly as inflation rises (lets hope not hyperinflation). Physical gold in hand or in the ground (ggp) will be one of the only safe places to be, not for profit but to to protect you wealth( well maybe some profit with ggp). Ride out the storm, we will come good. ATB Speedy

Hi All. A TO at this stage is a non starter, a JV is what we basically already have with the farm in @ Hav. Why would Newcrest put in a bid now? they may end up paying too much or we accept and get under value for our Co. Just relax and enjoy the ride. Please stop ending posts with "hold for gold" as this was started by our resident porky pie teller SB. ATB Speedy

Hi All. My order @1.6p was triggered and have also topped up today, lowest spread for ages. All we need now is for Mr Young to give Mr P a good % of our co and this will fly, if only. ATB Speedy

Sarfend will be £15mil by Christmas

(6) A miracle

Who cares

Hi MrO. A few days ago you called me "an idiot". Your last post proves the opposite. Do you have any idea how stupid you ramps are, i think you are totally out if your depth and you should reconsider your investing approach and stick to Monopoly. Speedy

Hi Bricks. Yeah, "hacked off". Not a panicked move just readjusting my gambles to meet market changes. Sold AMC. BP. KOD. ATYM. SXX JLP. Bought £100k of physical gold (Britannias) and some more GGP, GDXJ PHSP, PHAG. ATB Speedy

Hi All. The POG is controlled by the fed by supplying the bullion banks with, free, worthless, dollars to short the hell out of the paper markets to drive down the price to protect FIAT . When the Chinese, Russians,Indians and Turks, etc, decide the time is right to dump all their $s the physical gold price will over run the paper markets the manipulation will cease and the physical gold price will find new higher levels. GGP @£3 is not out of the question, just seems a bit far fetched at the moment. ATB Speedy

Hi pastc. You are brave. ATB Speedy

Hi fast. Not a cruise ship, i think the post you referred to was "in the middle of the Atlantic". I live in the paradise that is North Tenerife during the UK winter and on board my MTB on the Essex coast in the summer, hard life. ATB Speedy

Hi All. Should read 33% of my ISA, not my total portfolio, not that brave. ATB Speedy

Hi All. Just added, now 33% of my portfolio, feel confident. ATB Speedy

Hi All. Had enough, been here too long waiting for the rerate, small loss of capitol, big loss of time. ATB Speedy