Member Info for speedymeadie

Hi all. The big IIs will want to see full year P And L accounts prior to taking a position. We have the benefit of playing with our own funds they have to abide by rules governing risk. This time next year all should become clear as our FCF and proving up will make investing in SDs dream a necessity. ATB Speedy

Hi Jwh1. I think you are referring to Chards or Atkinsons. ATB Speedy

Hi All. It is not just all the war mongering or the ever increasing debt pile or the massive break down in social order, it is the banking elite that want to control every aspect of our lives. There is no easy way out and our freedoms (if we even have them) are at risk. Govs around the globe are just puppets for the big banks to play with.

We have one option, break up the banks before it is too late. Capitalism in its present form has failed miserably. ATB Speedy

Hi All. All, and i mean all, pointers are for a higher POG. In my half a century of studying how world events effect the POG i have never seen anything even close to what is happening now. You can almost feel the tension around the globe and there are seismic events brewing that that will change things in ways that even the best sci fi writers would find it hard to imagine.

It is now absolutely imperative to protect your wealth from what is coming. If these events do not have the effect that i think they will have it is still a good idea to place some assets into physical gold.

GGP is about the best way (at present) to leverage the happening bull run but carries the risk of confiscation. ATB Speedy

Hi ProfessorStax. Unfortunately you are wasting your breath, the pig has a hard as hell skin and has hi head so far up his own ass he is unable to see, hear or smell anything apart from his own siht. ATB Speedy

Hi All. No one knows the future but time has shown that gold stored outside HMRCs grasp is a good idea. ATB Speedy

Hi Ntl101. The bond market is king and is in a right mess. Buyers are demanding higher and higher returns for holding gov debt and it will lead to printing fiat to service that debt causing inflation or even hyperinflation. Our no brain gov has no plan on how to deal with this and may even consider default. If we do not start to live within our means then there will be a total collapse of the welfare state. Too many taking more than they put in is unsustainable. ATB Speedy

Hi All. What the fcuk is CGT. Anyone paying substantial amounts wants their head examined. Hold your wealth in gold Britts, hold your stock in a SandS ISA and gift your other assets to your heirs long before you pop your clogs. You do not need to be an accountant or specialist in CGT, just do a bit of research and avoid. ATB Speedy

Hi Spy. My post was just light hearted. If you took it as serious then how stupid are you

Hi All. Just had a brain wave. Instead of buying gold with the cash in hand why not stockpile the processed gold and sell at a later date for $4k/oz. I am a genius. ATB Speedy

Hi All. All that cash sitting in a bank. What shall we do with it whilst waiting to develop Hav? I know, lets buy some gold. ATB Speedy

@ Wiltshire man. Gold will do what it has always done, preserve wealth. There will be massive rises and big falls but the trajectory, over time, will be up. Speedy

Hi All A very interesting story over on King world news describes how the BOE has leased gold and physically delivered it to the COMEX and that gold has been used to cover traders that are standing for physical delivery. Now that gold has left the COMEX the sellers (leaseholders) have no gold to repay to the BOE. They will have to go to the market to buy that bullion that is in short supply (at todays price) or default. Just another nail in the COMEX coffin and not a moment to soon.

The price manipulation by the paper market has cost the producers, and investors in those producers, hundreds of billions of $s in revenue due to false low pricing. When this comes to an end i hope the miners/investors sue for compensation that will bring the big banks to their knees. ATB Speedy

Hi all This talk of a large position in short gold is totally wrong. The 40k contracts are very small compared to past averages. The Capo de Capo of banks the BIS has reduced its swops by 99pc in the last 4 years. It seems to me they are preparing for something. ATB Speedy

Hi all. If anyone here did not already know what the risk factors are, they should not be investing.

For GGP the risks are minimal because our BODs are professional and know what they are doing. We have good relations with the first nation people, we follow the rules as far as regulations go and SD has the financial knowledge to navigate market changes.

Make no mistake, mining is about the most riskiest game on the planet but we are in safe hands. ATB Speedy

@wiltshireman. You can lead a horse to water but you can not make it drink. speedy

Hi All. All the smoke and mirror stories about tarrifs, peace talks, balancing the books is all total garbage. The story for the POG is all about debt and loss of trust in the current financial system.

The bond market is a mess and the elite in the BIS are gearing up for a major event.

Also the Chinese are preparing by opening up the SGE by allowing direct involvement by "outsiders " to use the exchange for PMs trading using physical metals instead of paper. This will see the end of the COMEX and LBMA.

I fully expect holders of bonds to increase their disposal and rotate into gold.

GGP and many other well run producers are about to witness the biggest bull run in history. ATB Speedy

Hi EMC2. Maybe chat gpt is short gold. ATB Speedy

Hi All. Cross listing, share shuffling, consolidation, who owns what, is just a small part of what is about to happen.

The world bond market is in a mess, debt is exploding and a debt death spiral is in effect. There is no way out of this apart from default either via hyperinflation or a good old fashioned "you are knocked". The rush out of bonds and into gold is gaining pace and will accelerate as more and more folk realize what is happening.

The prospects for GGP are bright but not so good for the rest of the world. ATB Speedy

Hi Mash. Apologies for the delay in answering but Sageman has answered it for you. His last sentence "hard assets" is the stand out part and gold Britts/Sovs are the best of those assets. ATB Speedy