Member Info for speedymeadie

Hi All. Things are starting to look very bad for the USA dollar.

When an animal is cornered it will strike out and the only option now left for the orange one is a full scale invasion of Iran.

The USA will not go down without a fight. It has to protect its dollar as a matter of life or death.

Things are going to get very very tough for everyone especially the good citizens of Iran.

Gold is getting sold to cover losses. I have no idea where this will be for the short term but rest assured mid to late term the POG will be well above the ATHs. ATB Speedy

Hi All. If you want to see where the UK is headed take a day trip to Newham east London. ATB Speedy

Hi All. Gold is in a bull run. This is not cyclical but systemic. There are many pointers used to determine the direction and at the moment all are screaming for a higher price.

Gov debt and the constant supply of more debt to cover service plays a major role. Govs decision to use currency debasement over austerity is another.

The warmongering paid for with debt is a massive tail wind.

Inflation eating away at savings rates making gold more favourable and a broken bond market makes gold a more preferable store of wealth.

If you think gold has finished its upward run I suggest you think again.

GGP holders will see the continuing rise of the POG reflected in a much higher SP. Of this I am certain. ATB Speedy

Hi tug. I don’t do TA. I see it as reading about what had happened as opposed to what might happen. Maybe it’s because I am not a day trader. ATB Speedu

Hi Tug. The setup for silver is unprecedented because of many factors. Silver has been one of the most manipulated markets for decades and that is coming to an end. The COMEX is losing control and is using more and more desperate measures to cling on.

There is no physical silver in bulk and a supply deficit has been around for some time

Dealers are asking extremely high premiums for delivering coinage.

There are many more factors to consider, too many to mention here.

A good place to do research is “Silver Seek”. They have been pumping out good info for years. ATB Speedy

Hi All. No spelling mistake.

Silver is about to rip to the upside. There is a setup in the silver market that has never been seen before.

The big problem for Uk buyers is VAT. Side step that by buying and storing in a bonded store. Most reliable dealers offer the service, take advantage of it. ATB Speedy

Hi All Ihave read some reports that gold has finished it’s bull run and heading back to below 3000/oz

Therefor an almighty being has created a world with no wars, no debt, everlasting free energy and a civilisation that lives within its means

Maybe dark energy is god. ATB Speedy

Hi All. The mining sector was and still is an unloved asset class. Having had a good year GDX more than doubled in value. With all the volatility and opportunity in the oil markets funds have moved.

The bull in gold is far from over and the coming big moves will take the miners along for the ride. ATB Speedy

Hi all. Along with all miners, Kod is suffering due to oil increasing AISC. The cost of trucking to port must have risen substantially.

I personally see no big buying/selling prior to full audited yearly accts. ATB Speedy

Hi All. Contra to belief centralbanks do not set interest rates, the bond market does. Govs are desperate for lower rates due to massive debt but bond buyers are demanding higher returns due to the coming oil price induced inflation.

This is big news and will be disruptive beyond measure. When govs default on debt repayments all hell will break out signaling the termination of fiat and the resurgence of gold.

The scramble for physical gold will best be avoided by loading up now. 5k/oz will be seen as a bargain. ATB Speedy

Hi all. Chards now have gold Britts in stock. Not mint condition but only 3pc premiums. Still waiting for Charlie’s. ATB Speedy

Hi Rotherby. For the world to get “back to normal” there would have to be a cull of humans, 999out of a 1000 and a 10000 year wait for the nuclear fallout to diminish. Might then see some biodiversity.

When thought about in those terms is it no wonder we are in a mess. ATB Speedy

Hi Cneighbour. The point is that when comparing gold against fiat all charts show gold price increasing. That is a false reading. Look at gold against almost every other hard asset class and it is remarkably stable.

The profit from holding physical gold does not come from inflation but from the ending of the price suppression.

We have endured over 60 years of price suppression and the real value is multiples of todays. ATB Speedy

Hi Droverman. That Rickard fella must’ve read my posts.

When I see “strong dollar” I cringe. Strong against what? Gold, silver, CU , oil. Wheat, corn I could go on but I think you all get the message.

When folks really get to understand what has and continues to happen all hell will break out and 10k/oz willlook weak. ATB Speedy

Hi All. Where we are today is totally irrelevant (unless your a trader or need to sell). Look at where we will be.

Telfer plus Hav. Will be delivering in excess of 500k ozs @ 10k usd/oz/yr. I will leave you to work out where the SP will be then.

The only way is north. ATB Speedy

Hi All. Once all this volatility calms down gold will shine brighter than ever.

Oil is being held hostage and will inflate all costs. That in turn will break many zombie economies/industries and reality will set in. The fiat system is finished and about time to. ATB Speedy

Hi Dip. That is a lot of work for no reward. Best to just ignore the ignorant posters and live happily ever after. ATB Speedy

I also write all the Christmas cards in calligraphic text. ATB Speedy

Hi Corradus. Are you the horse or the theologian? ATB Speedy

Hi All What a week that was. China running running out of investment bars, missiles flying everywhere, start of the week saw an almost $400 clip off the price. So counter intuitive. Talk of $ rising, oil rising, and a big inflation hit coming.

Some say $4800/oz incoming and GGP sliding. I say, sit tight and watch the POG go through the roof taking GGP with it. ATB Speedy