Member Info for speedymeadie

Hi Sageman. I have the benefit of being a unknown poster on a insignificant BB. It would be a career breaking move for a high level management member to forecast the levels of gains we have seen. I expect that several mining executives knew what was coming but unable to make it public. Now the world knows and the rush into physical gold will be one for the history books. ATB Speedy

Hi Bamps. I remember your Stroud presentation highlighting the possibilities of the deeps under the west dome. With the info we have now how many gold equ ozs do you expect there to be? Tall order i know but please give it a shot. ATB Speedy

Hi Sageman. I told this BB way back in 2023 that the POG was headd for $3000/oz by end 2024. I apologize for being 2 months too early. With big money managers now selling everything and buying physical gold ATHs will be broken on a regular basis with daily gains measured in $100s/oz. How high it can go is based on how low the $ can go and how many of the uneducated realize that gold is the only real money. ATB Speedy

Hi All. Looks like GS need to up their POG prediction for end 2025.

The rush into physical gold is finally underway. The recent surge in the price has bought attention to the gold sector and there aint enough to go around at these prices. ATB Speedy.

Hi All. Talk in the financial "comics" state " gold trade is crowded" and there is no one left to buy so the shorts will win. Ballocks. Total rubbish. Whilst western ETFs have seen withdrawls Chinese ETFs have seen record buying. The Chinese central bank has increased holdings for 5 consecutive mths since rejoining the buying frenzy.

Global withdrawal from the USA$ and into gold has accelerated with major states around the globe trading in many forms instead of the $. The gold trade is not overcrowded just misunderstood by most.

Worrying about a big downturn in the POG affecting our future bottom line is unfounded. Gold is headed higher, much higher.

If i see any reasons to suggest the bull is over i will say so, but now the signs are for a continuing upward trend. ATB Speedy

Hi Daz. Best just do what I do and ignore the bore.

ATB Speedy

Hi Argenta Diversification is essential, that is why I have 40pc of my funds in Britts (safe) and 60pc in Ggp (risky) but derisked by a huge margin. ATB Speedy

Hi All. This talk of where to invest to get a x10 is irrelevant if you have to give x5 to the tax man. £20k a year of GGP stock into an ISA and any other funds into gold Britts. The general market is in a sorry state and the old 60/40 investment strategy is finished. There may be better goldies out there somewhere but i can not see any.

100% in the gold trade for me and will stay there until my research tells me its time to get out and that is not in the foreseeable future. ATB Speedy

Hi All. First in at 0.7p. Been adding £20k a year since then regardless of the price. I have no intention of selling until divi payments are announced, as that will be the high spot as far as i am concerned. My main reason for taking a stake in GGP was the realization that gold was going to enter a massive bull and miners are a leveraged bet on the POG. Having said that my Britts have also done very well.

See you all at the TH. ATB Speedy

Hi All. Bring on the buyout asap, only the li, the gold is a different matter.

The 5year chart for gold is a thing of beauty. With more to come. ATB Speedy

Hi Letsgetrich. The mining sector is unloved, but gaining some traction. Looking at the top ten gold mining cos tells you all you need to know with Agnico well above ATHs but the rest not so much. The really big players/fund managers mostly follow one another and when they wake up, as they are starting to now, the flow of funds into the gold sector will be spectacular.

You are correct saying i do not know the POG in 2028 that is why i said i am not willing to put a $/oz fig but 5000 years of history tells you all you need to know and rest assured it will be higher than todays print.

As for Hav not coming on line by 2028 depends on management quality and knowledge and our BODs have that in spades. ATB Speedy

Hi All. There have been several posts and some reports that gold will not continue its bull run. Worrying about a big pullback is totally wrong, what you should be worrying about is how high it will go.

China, the worlds biggest gold producer, is buying the shiny stuff and dumping the $ at an ever increasing rate. Since the Chinese gov advised its citizens to buy physical and allowed its insurance cos to buy gold the SGE futures market has exploded. Reports saying gold is overbought and the gold trade is overcrowded is pure nonsense. We may see a few shallow short lived pull backs but the trend is up and the bull is just getting going. My crystal ball is a bit cloudy but my research tells me that by the time we bring Hav on line the bull will still be in place and gaining momentum. I am not willing to put a $/oz value for 2028 but rest assured it will be higher, a lot higher, than now. ATB Speedy

Hi All. One day unresearched traders will wake up and realize that the big gains are over time. ATBSpeedy

Hi Aiming. Is that tymers next door?atb speedy

Hi Droverman. GS,DB and JPM must have been reading my posts. ATB Speedy

Hi Element. Your post takes a good hard look at the statistics and they do not look great for a rebound in USA tech stocks. I am sure a seasoned trader could take profit from the initial bounce then get out a soon as poss before the hit back down.

Not for me though, i prefer to stick to what i know and i am too busy planting fruit and veg. ATB Speedy

Hi Sageman. Buying Tech on open tomorrow seems to make sense with the Orange one backtracking.

70% of your portfolio in gold and gold miners is a bold approach, but holding 30% in cash is questionable.

Wish you luck with your trade tomorrow. ATB Speedy

Hi All. The failing USA $ will demand higher interest rates at a time when debt is off the scale high and servicing that debt will become harder, The world is dumping the $ and buying gold in anticipation of a $ collapse. I see a massive wall of inflation coming as govs print worthless fiat to cover that debt. Watch the bond market very carefully.

Physical gold has only just started to be recognized by the masses as the best asset to own and the bull will take it to nose bleed levels.

GGP are entering a perfect storm as a producer of the most wanted asset on Earth and debt free, lead by a genius. ATB Speedy

Hi All. We can all see the POG will folks please stop quoting what the price is, it just clogs the BB.

If you had followed my thoughts on the direction of the POG many years ago it was blatantly obvious that the miners would react higher.

It is only due to the astute leadership of SD that we are still trading and i for one am extremely grateful to him and the team.

The best is yet to come. ATB Speedy

Hi Red. SIPPs are not for me. Locking funds away to get 25pc of your own money back then paying tax on the rest. Just the state pension leaves about £3k a year to draw down without paying tax. With £800k left after your 25pc you would have to live to 300. Why not just put £20k a year into an ISA and if you want to invest more buy someBritts. The other thing that pees me off about SIPPs is the losses are yours and the taxman is not interested if you are in a negative position, he will still want his dues. If you put in£100k and drawdown time shows you at £90k you will be paying tax on losses.

ATBSpeedy