Member Info for speedymeadie

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

Hi Apeman. You say you are invested here. But do not realise we are to have a cross listing not a dual listing. Please do some research, it will not make you look so Ill informed. ATB Speedy

Hi Kingjoe. Investment fund managers want to see profit and loss figs over the year and so far we only have figs for a few moths. 12 mth figs will bring in the big boys. We have the benefit of investing our own funds with no one to answer too. ATB Speedy

Hi Doozer. The buy notes from JPM et al are directed towards the dot on a screen chasers. They say gold is going up so the brain dead buy paper gold all the way to new ATHs with trailing stop losses then JPM pull the plug and drive it down to hit those stops. Then repeat.

Keep buying those Britts and avoid the noise ATB Speedy

Hi Olivetti Well spoken. So many pointers for a higher POG. The western world has still not fully woken up to the true reasons for holding physical gold, but they will. ATB Speedy

Hi 40034427. Inflation/deflation are not the main drivers it’s the failing trust in fiat and if thePOG does break below 3000/oz backup the truck. ATB Speedy

Hi Ample. That comes in the top ten posts of the decade. Stupidly delightful ATB Speedy

Hi Blue. Someone who understands how MMS work. As opposed to trading fund managers who flip short/long in an instant.

What desk were you at? ATB Speedy

Hi Element. With all the variables to take into consideration I think you will need a bigger spread sheet. Must admit your 87p call is a it too close to the bores two fat ladies call. ATB Speedy

Hi Sage. Far too many unknowns to put a value for 2029. Two factors to consider POG will probably be around £6k/oz if not a lot more and AISC will be well above 2000 Too many variables to come to any reasonable valuations. One thing is for sure it will be multiples of todays print. ATB Speedy

Hi All. The rantings of the mad orange one is just a small part of the gold story. Debt is the elephant in the room along with currency debasement. Another major part is trust in fiat. That trust is failing rapidly

Physical gold has outperformed the S&P and the Footsie over the years and will continue to do so. ATB Speedy

Hi All. Just to make it clear about my last post. I was not referring to the ASX listing requirements. I was referring to future cash requirements for CAPEX, M&A Etc. ATB Speedy

Hi All. If funding is needed for whatever reason dilution is far better than debt. With dilution we fund it and are not held back by bank demands. There is also the possibility of interest rates taking off big time. Nothing wrong with accretive dilution. ATB Speedy

Hi Sageman. The bore runs out of fingers and toes so it’s 20 or bust ATB Speedy

Hi Let’sgetrich. Gold!retrace! Why? Have they cracked cold fusion. ATB Speedy

Hi Lav. Please do more research re Ggp. ATBSpeedy

Hi MartinN. It is just a load of TA codswallop and not worth understanding. ATB Speedy

Hi all. GGP are the go to stock at the moment and will continue to rise as will the POG. Some folks are afraid of earning "too much money". Skim if you want to but it will be a mistake.ATB Speedy

Hi Sageman. Whilst its prudent to be cautious regarding the POG you seem to be focusing on tariffs as being the main driver. There are many, many, more reasons for golds performance and the rantings of a mad man is just a very small part. Inflation (fiat debasement) is net zero for gold and is far outweighed by the paper market loosing control of price discovery and that is all profit as the POG finds true value. Another big driver is dedollarisation and central bank buying. There is no where near enough gold at current prices to meet the demand, hence $200/oz/day price increases are possible for some time.

Your 80% in the gold space is a good level of exposure, as long as some is in physical and in a tax efficient form. ATB Speedy

Hi Bamps. Thanks for the reply. That is one heck of a lot of gold to be extracted from Telfer. ATB Speedy