Member Info for speedymeadie

Hi Blue Toff. Lead pipe, library, Colonel Mustard. ATB Speedy

Hi All. All the digital coins are falling along with most world stock exchanges. UK gilts and USA treasuries are the one of the gains. ATB Speedy

Hi All. All my watch list of stocks (not invested) is a blanket of red along with the few stocks i am invested in. Gold is finding it hard to break out above ATHs. Not sure what to make of it but it does feel like something is about to give, in a very big way. ATB Speedy

Hi Tig. Come on now, you were never 17. Your friend. Speedy

Hi All. The SP is struggling to pass 10p and hold. We all know where this is going, just needs a little more time. ATB Speedy

Hi All. My bet is on "open at depth" ATB Speedy

Hi All. This shorting debate is getting a bit long in the tooth. To say "shorting should be banned" is flawed, may as well say "longing should be banned" to prevent over valuation. GGP are a non income explorer and were over valued at 38p so the professional traders profited from that position. Now we are approaching production the SP is undervalued and the professional traders will profit from that position. It is called the market. Most here are not professional traders and class themselves as investors and are holding for greater profits. Therefore, what ever happens to the SP over the short to med term is totally irrelevant. Happy new year all. Speedy

Hi All. After the very speculative rise in the price of lithium it is now over sold and will see a gradual increase in 2024. Gold has entered a massive bull run. The outlook for KOD, from these levels is good. Hindsight is a wonderful thing but holding a position in KOD is a two pronged bet and both prongs should bear fruit. My bet is the Chinese will take over and then you will not have to worry about the exit price. Still holding for my 1p. ATB Speedy

Hi All. Just my 2 peneth on shorting. It has its place in a free market but using shorts to drive down a cos SP to facilitate a low ball TO is downright theft and should be controlled. But, as folks here have suggested, there is too much financial interest for it to be stopped. I think investors should realize that shorting does happen and should act accordingly. ATB Speedy

Hi Panama. A happy new year to you to. The next meet up should be full of good cheer. ATB Speedy

Hi MasterRSI. After "supper volume" can we please have a "breakfastout". ATB Speedy

Hi All. I never thought i would get excited about GGP hitting 10p. It has been an arduous journey from those dizzy days of 30p plus down to under 6p. Good luck to all those that held out. More excitement to come as the SP breaches 20p then 30p and on to new ATHs. 2024 will be the year to tell the grandchildren about as gold and the producers enter the biggest bull run in history. Happy new year. ATB Speedy

ATB Speedy

Hi All. Some fair sized buys going into the close. Is this the rise to fair value? or just a head fake for the spivs to earn their new years bubbly. Deprive them of their ill gotten gains and hold for the big one. ATB Speedy

Hi Bamps. 1000oz of gold would be sold for the new currency allowing investors to benefit, producers to carry on producing and paying workers and the recipients will swap their commodities for items they need using the new currency. Its called trade. It will cause disruption and will not be good for holders of a dying fiat system. The signs are all around us and action is needed now to protect from what is unfolding. ATB Speedy

Hi Deanosbooty. It was good to meet you at the last Essex meet, i think you are referring to our discussion. As NTL101 suggests, Chards are competitive and trustworthy and i have dealt with them on several occasions. I always recommend that buyers store their purchases at place of purchase and do not take delivery (except for a few coins to admire) . Chards offer bonded storage and silver Brits can be purchased and stored free of CGT and VAT. Gold Brits do not attract any CGT or VAT so they can be stored anywhere. Hope that helps. ATB Speedy

Hi SAS. That vid is worth spending a few moments on. Something is brewing and it aint tea. ATB Speedy

Hi Bamps. Whilst i respect your knowledge, you thoughts on gold are flawed. I agree, a stable environment is good but the USA $ is not stable due to the ability for it to to be materialized out of thin air. A new means of trade between nations is coming (like it or not) and it will be linked to gold in one way or another and probably digitized. Gold is, and will be, in demand and producers will benefit from a higher value due to that demand. ATB Speedy

Hi Bamps. Just read your post Re POG. Under normal circumstances i would agree that a high price would attract selling, but this time it is different. Central banks and sovs are selling $s (treasuries) and buying gold at an unprecedented level. If the POG goes beyond $2500/oz in 2024 (good chance) it will be due to central banks and govs buying due to a mistrust of the $. With USA deficit projected to be $50trillion (no typo) by the end of the decade it makes sense to get out of the $ as fast as possible. My research points to a POG by 2030 to be in excess of $10000/oz. That fig is totally irrelevant in the grand scheme of things as it just shows a depreciation in the $ not an increase in the value of gold, that will come when the fed losses its grip on the paper markets. ATB Speedy

Hi 96. Approx 10million reduction in the borrowed position in the lst few days down to 62 million. ATB Speedy