Member Info for speedymeadie

Hi Panama. Best to ignore the idiot.

You are correct, my $10k/oz call is a bold statement, but one i stand by.

The recent pull back in the POG will probably be the last desperate push by the COMEX bullion banks to balance their paper book. At the same time they are long the physical market.

Central banks around the globe are loading up on physical gold and dumping USA treasuries at an ever increasing rate. Once the insurance cos and pension funds stop buying USA treasuries the game will be well and truly up.

A massive inflation hike is coming that cannot be battled with interest rate hikes due to the massive levels of unpayable debt.

The list goes on and on all pointing to a much higher POG. ATB Speedy

Hi All. The POG is headed much, much higher. The banks know this, HNW individuals know this, I know this and you know this.

GGP is run by the best in the business.

What is it, is the market missing the point or are we wrong?

Answers on a postcard please. ATB Speedy

Hi All. Not lazy just very busy.

Why the jump today? Namibia news or gold news? ATB Speedy

Hi All. Debt levels are causing massive headaches for govs around the globe. Debt was ok with low rates but now with bond buyers demanding higher yields the game is nearing an end. The problem is, it is not a game to holders of paper assets, more like a death trap.

Been pushing this narrative for years now but it is coming to the point where folks have to act.

$10k/oz early 2027 is looking more realistic by the day. ATB Speedy

Hi JD. Great post. Joe public is blind to what is happening.

The purchase of physical gold held outside the banking system and in a offshore vault is looking like a good bet. ATB Speedy

Hi 96 Not too long ago we were all talking about the £1 party

Hi All. Our main asset, gold, is still unloved by the citizens of G7nations. This is due to negative coverage on the financial media and so many fingers being burnt by a corrupt market.

Inthe Uk gov debt is about £3trillion with repayment about £100billion/yr. bonds yields are creeping higher making the position untenable

One day joe public will wake up and start buying gold. Just not sure when. ATB Speedy

Hi All. Trying to evaluate all geopolitical and financial events at the present time is only possible if you have a mind of a super computer x 1000. Things are changing so fast (not for the better) it is impossible to keep up.

Looking through a simple set of pointers works for me and all are for a higher POG. ATB Speedy

Hi All. Buying the stock market dip, even the Chinese market, is playing with fire. World finances are a mess. Hard assets should be bought with both hands. ATB Speedy

Hi All. I mentioned the above co a few weeks back. They are getting ready to launch with a slick vid and very technical wording. They go on to explain how and why they value in ground gold at $2800/oz

I doubt anyone here will get taken in but just in case you are tempted remember that Ggp are finding gold for a very reasonable $5/oz. That’s quite a difference. ATB Speedy

Hi All. What makes me laugh is folks on here talking TA trading when Ggp is looking down the barrel of news that could change the sp by multiples in mins. ATB Speedy

Hi Henry. Inflation is going crazy and the gov cannot raise rates due to the unprecedented level of debt. The only way out is to print, print, print, until it goes pop. What price gold then. ATB Speedy

Hi E1. That report is bang on. Bonds rising, petro $ dying, investors still not educated about gold, rates in negative territory, inflation rising and banks throwing the kitchen sink against gold.

I have said this on many occasions $10k/oz early 2027. ATB Speedy

Hi YNWA. There are many factors affecting the SP. ThePOG is just one. Traders selling on the high is another. The most important thing to remember is the potential for a much higher SP ATB Speedy

Hi Lyndon. Never watched pythons then. ATB Speedy

Hi Freddie. Short term predictions are out of my remit. One thing is guaranteed. The POG will be higher this time next year

Hi All. Open interest on the COMEX has increased. Bullionbanks going short. The $100/oz drop inUSA morning trading is just the banks dying gambit.

A tad frustrating as far as Ggp is concerned but best ignore the noise and hold for the rebound

ATB Speedy

Hi Sellme. Gonetothemoon has predicted $300 oil and 350p Ggp.

There is an outside chance that he may be correct about oil but 350 for Ggp is outlandish. Best to ignore. ATB Speedy

Hi All. A lot of folks think that central banks set interest rates, wrong, it is bond purchasers assessing risk who set rates. The central banks have to follow what the bond purchasers demand. At the moment risk is very high and bond purchasers are pushing rates up tto short term highs. Central banks only have one option and that is to control rates by creating currency out of thin air. This is highly inflationary and will push he POG to new ATHs and way beyond..

This has happened many times in the past but what is different today is the unprecedented levels of debt. Govs are desperate to keep rates under control so the money printing this time round will be mind blowingly big. How high this will push the POG is any ones guess, $10k/oz by early 2027 is certainly possible. ATB Speedyg

Hi All Eben with a small rise bonds are still negative compared to real inflation rates. ATB Speedy