Member Info for speedymeadie

Hi Mark. You are not the only one. ATB Speedy

Hi All. Tech is ever changing and cost drives innovation. Stone to iron, horses to cars, Ally to CU, lead acid to lithium, gold to "oh". ATB Speedy

Hi All. Interesting that the talk has switched to being bought out. My preference would be selling the lithium project, hand out a special divi then develop the gold finds. ATB Speedy

Hi Bamps. We are in for a very busy and exciting period. ATB Speedy

Hi Aimingtoplease. The manipulation in the PMs space has been going on for decades and has cost investors and miners $billions. The banks have not yet lost control but are finding it harder and more expensive to try. Physical buying will eventually over run the paper market and there is some evidence of this taking place. To put a time frame on it is the hard one, but rest assured we are nearer to the end than the start. Next week, next month or next year, your guess is as good as mine, but it will happen and if you are on the wrong side of the trade you will be wiped out. ATB Speedy

Hi All. A very interesting week in the PMs space. Many "experts" are quoting "the banks have lost control of the paper market" i see no evidence of this. Chinese citizens are paying a high premium for their physical gold but the paper market was still hit for approx$100/oz. This price suppression is creating massive profits for the SGE and draining gold from west to east. I can assure you that when the banks eventually do lose control you will see the POG go parabolic, add to that the western institutions getting in on the gold bull and all bets on the POG are off. When this happens in see many bullion banks going under and this will cause contagion and big issues in the banking system.

Use this false dip to load up. ATB Speedy

Hi Chuff. I never thought i would ever say this but i have been out umpped. ATB Speedy

Hi Timber. Or could it be a pump and dump then pump. Never thought i could get that many umps in a sentence. ATB Speedy

Hi Jonwalt. Or it could be the scratch line on Aces crystal ball. ATB Speedy

Hi Jonwalt. It is a line draw on a chart showing the moving average every 100 days. ATB Speedy

Hi Swazers. Many thanks for your chart, drawn by a bot that has searched all the relevant trades and fundamentals. If i was a trader and traded your bots thoughts on exit prices i would miss the big rises coming our way. No way am i interested in buying at circa 7p and selling at circa 9p. The risk is far greater than your bots potential profits. My slice price is well well above that. My call would be buy, sit back and wait for the big one. ATB Speedy

Hi Bellers. Bubbly for breakfast, something to look forward to. ATB Speedy

Hi All. If a jump from 6.5p to7.5p is a p and d then can we please have some more. ATB Speedy

Hi JD. "Duzzy Woop" thats a new one on me, but i get your drift. I assume you mean twaddle not dawdle. ATB Speedy

Hi Oneforthemoney. You are correct and when news hits the traders will take their 10% and miss all the fun. ATB Speedy

Hi Waterbaby. Should put a 1 in front when news hits. Speedy

Hi All. The SP may go up, it may go down, it may stay the same. Will let you know tomorrow what happened.

The PMs space is waking up and all pointers are showing much higher prices

Hi Doggy. Your points are valid but the elephants in the room are the developed nations institutions waking up to the benefits of holding gold and also the fed loosing control of the paper market. Neither of these "elephants" have shown their hand yet when they do all hell will break out in the PMs space.

A POG at $10k/oz is easily achievable with $20k/oz possible, that is without taking into consideration the effects of inflation . What that will do to the SP i will not say as it may upset MH01. ATB Speedy

Hi RTC. You are correct, insanity is to expect different outcomes from the same actions" Look back through history and for thousands of years fiat has always failed, yet folks still think it will be different this time. Gold is the only real money and throughout history has always prevailed as the ultimate wealth preserver. Will it be different this time? i think not.

Fiat is in trouble yet again with corrupt govs running debt levels that are off the scale and is totally insane. Around the globe informed citizens are buying gold/silver and the miners that produce it. The leverage that miners achieve against the POG is evident from past experience. Investors are waking up to the potential of the miners and as momentum builds so will the price of there shares.

We may see a pull back in GGP but ultimately the SP will surge to new ATHs. ATB Speedy

Hi RTC. The world is waking up to the fact that gold is real money and the miners that produce it will be the go to investment as the flight into PMs and commodities and away from fiat gathers pace. GGP are in such a good position (too many reasons to mention here) that investors looking for a place to put funds with minimal risk and max potential , are, and will continue to pour in. This rise is not a pump and dump but the start of the re rate to true value. ATB Speedy