Member Info for speedymeadie

Hi All. Just to show how unloved the gold mining industry is, GDX has just hit a level exactly the same as approx 20 years ago. The latest high in the POG must wake up the western institutions of the benefits of gold ownership and when they hit the buy button, hello $3000/oz and above. ATB Speedy

Hi All. Anyone have the latest Ortex data on GGP? Many thanks. Speedy

Hi dunk. Good read, thanks. The stand out for me is the need for 600kw charging points. How much copper needed to do that? Looks like copper and silver are in for a mega lift. ATB Speedy

@freddobbs. What you are suggesting is utter BS and probably criminal.

Hi barna. I am no expert either but these smallish finds are uneconomical due to the time and cost of building a processing plant, this is where Telfer comes in handy. ATB Speedy

Hi All I am in the market for a “dog waste “bin. Any ideas. ATB Speedy

Hi Swazers. An old friend of mine who used to work the LIFE floor and spent many years and 100s of thousands of £ of his families money on a system to predict futures on a chart. He never gave up and nearly went bankrupt then received an offer of £millions for his system and retired happy. The buyers lost a small fortune using his system. So there is hope for you if you can find a greater fool. ATB Speedy

Hi Swazers. Can you please draw a line on a chart that shows 88p, just to please the forecaster you understand. ATB Speedy

Hi Castle. The Cornish piskies drunk too much mead,got lost, dug too deep and found and stole all our gold. ATB Speedy

Hi All. We bounced back off of $2500/oz. I suspect that will be the pattern until the pressure is too much and the banks move up to $2600/oz. The move is on and there is nothing the banks can do to stop it. $3000/oz in 2024 is not out of the question. ATB Speedy

Hi All. I made my "dog waste" post because culpepper tried to belittle one of our most dedicated and informative posters. Bamps has given so much of his valuable time to inform us. ATB Speedy

@culpepper. You sad piece of dog waste

Hi All. Good luck to all who are joining Callum into Global Petroleum. The spread, for me, makes it not viable at the moment. ATB Speedy

Hi All. The fight to suppress the POG continues. Yesterday saw a pathetic $30/oz COMEX created attempt to get it below $2400, failed miserably. With today seeing most of that clawed back. I am now convinced that $2400/oz is in the rear view mirror and will not be seen again. Well done anyone who managed recently a buy below $2400. Now the criminals at their trading desks will attempt to defend $2500, they will fail at that as well. ATB Speedy

Hi All. The banks that control the paper markets are losing the battle to the physical market. The banks want the POG below $2400 and have thrown the kitchen sink at it and failed. July saw $2360, Aug saw $2380 we may see $2400 again in Sept. If,and it is a big IF, we do see a print below $2400 i suggest you back up the truck. The big, big, profits in gold ownership will come when the paper market (COMEX) fails and the price suppression ends what has been 50 years of uncle sam costing gold holders and gold miners untold $billions in lost profits. The final nail in the coffin would be a class action court case to hit the banks for that lost profit. That would break the banks and see the criminal enterprises fall. That would be a day to celebrate. ATB Speedy

Hi All. If by some miracle we were now producing gold we would be selling at well below true value. My target for end 2024 is $3k/oz. Targets for 2025 vary depending on many, many, factors and most factors scream a much much higher POG. I feel for the folks here that want/need jam today but for me the wait means more bottom line. ATB Speedy

Hi Summit. My thoughts are the same. Finance will be restrictive until Telfer is operating. ATB Speedy

Hi Drover man. Good advice on the ratio trade. However the trade does have its faults, so leave that trade to experts. ATB Speedy

Hi marmaris/yellow stuff. Well done to both of you.

Anyone considering buying gold Britannias. Pre 2013 coins are not pure, only coins minted after 2013 are 999. ATB Speedy

Hi All. Sprott physical gold trust allows physical redemption but there are certain conditions to be met. Min 400ozs at a time. ATB Speedy