Member Info for speedymeadie

Hi All. Hainan need the li for there plant in China and will, in time, buy us out. I say approach them now, sell up and concentrate on the gold deposits.

Gold mining with no debt is a FCF machine. You know it makes sense. ATB Speedy

Hi Shotgun. Your last sentence sums it up. Explorers/ junior miners on AIM is a grave yard for unwary gamblers. Research research research and before you jump research again. There are fortunes to be made but most fail. The important factors have been spoken about many times but the most important by a country mile is good management followed by good jurisdiction.

Why GGP? For me it was the realization that gold was going to enter a huge bull run and was a leveraged play. Not been an easy play, but all the pointers were there for GGP to become a major player, and we are. ATB Speedy

Hi All. A bit carried away there should of read 40mil tons of ore /Yr. ATB Speedy

Hi All. Please, no more talk of divis. When we have enough FCF build another plant to take us to 40mill ozs /yr. ATB Speedy

Hi Irish. That report is not a very clear indication of where the POG is or where it is headed. Look at the 10 year chart, it clearly shows where the banks (fed) lost control. The 3 year battle @ $2000/oz is the stand out feature. The continuing collapse of the $, and all fiat, is now unstoppable due to the war mongering and prolific spending above their means.

My research tells where the POG is heading. Tariffs and job numbers are just smoke and mirrors. Watch the bond market, that will tell you all you need to know. No one wants bonds that guarantee a loss, its not rocket science. Bond buyers will demand a much higher level of return so interest rates will go up making debt repayment impossible, with the only way out being default. This is why many central banks are ditching bonds and buying gold.

The trend is up and will remain that way for many many years.

It also looks nice. ATB Speedy

Hi All. Why is the POG rising and where is the profit? There are many factors to consider. Currency debasement (inflation) is not profitable for gold holders it just preserves wealth. The big earner is the banks losing control of paper gold pricing and the physical market calling the shots. There is also demand driving up prices and as the world wakes up to the fact that the only real money is gold, that demand will increase and drive up prices to satisfy that demand. There is not enough physical gold available at todays price. That demand has shown up at the COMEX where traders standing for delivery has reached record levels. These record levels are due to the banks shooting themselves in the foot by the recent short selling, driving the price down and allowing the smart money to acquire gold at a discount.

The recent, approx, 10% pullback from the ATH should be viewed as a gift. ATB Speedy

Hi Double. Nigel maybe? ATB Speedy

Hi Spy You say "you cannot compare a greasy burger to a piece of gold" no hits Sherlock.

Element is trying to get over the point that the great rotation from equities into hard assets has began and the best asset out of all the hard assets is, my mate, gold. Still less than 1% of invested funds is in the gold space so still a massive amount of money is heading this way.

The Fed wants to cut rates but watch the bond market. It is the real setter of rates the Fed can effect it short term but the bond market is the boss. The last bond (USA Treasuries) auction has seen the fed buying most of the offering, how long can they keep it up? My guess is until the $ totally collapses. ATB Speedy

Hi All. Our main asset, gold, is just starting its bull run. The recent 10pc pull back will be short lived. The reason I say that is that nothing has changed and world debt is increasing at unprecedented levels The main buyers,China, India and most central banks are still loading up and so should you. ATB Speedy

Hi dip. Keep on prodding the bore, I love a good laugh when it respondsATB Speedy

Hi Buffa. I understand what you are saying but £3k/yr is a trifling amount. At that rate Tome would have to live to be 180. ATB Speedy

Hi Daz. I have lackeys to do that. ATB Speedy

Hi all. When will they learn? According to the world gold council inflows into “physical” gold ETFs have increased. These “investors” will be on for a shock when they realise there is no gold.

At the same time bar and coin investment has also increased. The only reason for buying bars as opposed to coins is the tighter bid offer spread. That advantage is taken away by the taxman on profit taking.

For the British citizen, investing in Britannias is by far the best bullion to hold. ATB Speedy

Hi Daz. I am a Dr, trust me. I have never seen such discoloured balls before. Tests will tell more but I think you have twisted your fibonacci

Hi Tig. Great to hear from you. Hope to meet again soon. ATBSpeedy

That is the reason I prefer

Hi Element. That is the I prefer dilution over debt. The banks make it hard work. ATB Speedy

Hi Twosheds. How many farthings is that? ATB Speedy

Hi All. Price discovery for gold is a black art with smoke and mirrors used to relieve you of your hard earned. Short to mid term forecasts are hard to pin down. By looking at world events a balance can be found and at the moment the balance is tipped towards a higher POG. Long term is a different story and is easy to see a much higher POG.

There will always be better short term investments than physical gold but for peace of mind and security it will always be the go to asset ATB Speedy

Hi All. This debate on IHT is very important for your family. I say, position your finances out of the grasp of the thieving taxman. No point in dying with funds in your name. Gift it to your younger family members long before that or have it in untraceable assets. Remember that insured assets are in the taxman’s sights. ATB Speedy