Member Info for speedymeadie

Hi Sunken. 3big upsidedrivers

Telfer mine life extension

FS for Hav

5k/oz POG

Downside

Asteroid strike

SD turning out to be Bernie Madof in disguise

The 7 dwarfs stealing all ourgold. ATB Speedy

Hi All. I never thought I would be saying this but I think Bitcoin could be a very serious threat to gold as a alternative “money”. I have not purchased any bit coin, but the way the discussion is going over the pond it maybe come necessary. Maybe a restructure to 40 physical gold 50 GGP 10 bitcoin. But not yet. ATBSpeedy

Hi Doozer. They are all named Dave

Gold will out perform Ggp short term, unless ground breaking news from SD in the next mth I say that as gold should be at least 20 percent up 1 mth.

I am mot brave enough to gamble on it so will keep my 40 60 split ATB Speedy

Hi Doozer. All my Brits have names. ATB Speedyu

Hi all. Have been saying this for awhile now. When the big institutions wake up, or are allowed to wake up, and invest in gold it will see huge amounts pour into a very small market. As ever China is leading the way and others must follow. The affect on the POG will be staggering. ATB Speedy

Hi Jonno. That is the exact reason I made the Potential profit post. ATB Speedy

Hi Jerry Spaniel. USD1 billion/year profit for (is it 12 years) good heavens, that’s quite a lot. And here we are stuck in single figs. Not real. ATB Speedy

Hi All Cansomone with a bigger calculator than me work out yearly profits, just from Hav, with gold at 5k/oz and CU at 6.

Hi Doozer. There are so many ways the gov can screw us that I see the only way out is holding physical gold. But you know that already. ATB Speedy

Hi Tome Best not to fret too much about it. If/ when GGPhas it’s £ Party we will not miss a few percent. ATB Speedy

Probably trump backing up his threat to unleash hell on Gaza if the hostages are not freed. Bad times. ATB Speedy

Hi Schlmeiel

Hi Tome. ISAs and SIPPS will not be safe from a gov That has runout of other OPM. ATB Speedy

Hi All Bury it???? so someone in a few 100 or 1000 years can find it. That’s what the Romans did and we have moved on from there ATB Speedy

Hi Bobdnero. Taking delivery of a few coins is fine. Stashing hundreds under the bed is a complete no no. It is almost impossible to keep it a secret. The dealer, insurance co, the delivery guy friends and family all will know and there is a good chance of being robbed. I never understand folks reluctance to use reputable storage facilities. Fully allocated, redeemable, insured and safe all for about half of 1 percent a year. ATB Speedy

Hi Doozer. Yes it is a possibility. Keep it out of the banking system and out of the country of residence

There is also a ossibility of a windfall tax on gold mining shares. ATB Speedy

Hi all. Everywhere you look there it’s piece about gold. Well you read it here first. Those that took notice have done very well. It is still not too late to protect yourself from the coming events. Physical gold will soon become unavailable to joe public. ATB Speedy

Hi All The banks are desperate to keep this below the 2900 print. All they managed was a 60 point push down and now it is back over 2900 and 3000 is in plain sight. Physical demand is massive and the paper market is no longer in control, love it. ATB Speedy

Hi timber trader. I was at the town hall meet when SD stated “ Hav is maybe 20mill ozs”. By the time we start to deliver Hav gold to the Perth mint the POG should be around USD5000/oz or more. The profits are off the scale. The 20 mill may take a few more years to establish with underground drilling but what a target. One day the market will wake up to what GGP have, just have to wait a bit longer. ATB Speedy

Hi Bamps. I am sure the price quoted of 700/oz is worked out on remaining gold inground related to market cap. As I said earlier gold inground valuation is a dark art. STB Speedy