Goldbuguk

[Goldbuguk @Goldbuguk1]

@HazelAppleyard Bumholes

[Goldbuguk @Goldbuguk1]

@DonDurrett It's overly simplistic to say bitcoin and alts have nothing to do with each other Don. From a use case yes but from an investment perspective the market sees them as the same asset class and the charts broadly reflect this BTC does well profits flow to alts and vice versa.

[Goldbuguk @Goldbuguk1]

@Vince_Stanzione BTW it was your spread betting course that got me started in financial markets a decade ago. A lot to thank you for and value your opinions highly 🙏

[Goldbuguk @Goldbuguk1]

@contrarian8888 How are those $panr cherries? Still holding?

[Goldbuguk @Goldbuguk1]

@ClarksonsFarm1 Are you really rebadging Henry Westons cider as Hawkstone? If so are you selling any apples to Westons?

[Goldbuguk @Goldbuguk1]

@WorleysCider @JeremyClarkson Who makes Hawkstone cider? Valid point if it's from of the big apple concentrate factories, harder to argue if it's another local grower, making cider from freshly fermented bittersweet juice.

[Goldbuguk @Goldbuguk1]

@NomadCarnivore Because the company has been so poorly managed with so many bad raises you have a history of weak retail hands, shorts and low institutions. It takes time to work off that legacy....

[Goldbuguk @Goldbuguk1]

$lode CEO buy is a very positive sign. For all my criticism of @CDe_Gasperis doubt he is dumb enough to dilute himself 🤔🤞

[Goldbuguk @Goldbuguk1]

$lode permabulls celebrating a green day = no gains in 2026. Genuinely wish everyone well and hope they execute the innovations for the betterment of the planet. Fear this will drift back towards the lows by the end of the month. Hope I'm wrong.

[Goldbuguk @Goldbuguk1]

@TaviCosta Isn't the market nervous about access to raw materials and the impact on aisc? Tough to build or mine with rationed diesel.

[Goldbuguk @Goldbuguk1]

@silme47 Complete legend but that is a rank wide ball that deserved to be punished

[Goldbuguk @Goldbuguk1]

@UDiamondBalls That is a dildo of an instrument. I just spread bet it now. In, out, low fees no tax. Keeps the cortisol elevated.

[Goldbuguk @Goldbuguk1]

@DeepValuePlay @Yomommasay @elonmusk @CDe_Gasperis This dude gets crazier by the minute. Think he might be Corrado's rent boy.

[Goldbuguk @Goldbuguk1]

@Yomommasay @Lars57360069 @AbdrazakAlmas @broheim777 No shit being lost here chief. I'm just calling it as I see it for the benefit of others. To balance the permabull paid for bullshit that you spout relentlessly whilst losing your own shit.

[Goldbuguk @Goldbuguk1]

@Lars57360069 @AbdrazakAlmas @Yomommasay @broheim777 Maybe... So communicate that to shareholders, build back trust by laying out a critical path and timelines that can actually be delivered. If what you say is true the culture of opacity and deceit persists. Absolutely no respect for retail shareholders.

[Goldbuguk @Goldbuguk1]

@Yomommasay @sandy_slipper @variance_swap You are so retarded.... "Bioleum's objectives for 2026 include: Complete the remaining “Series A” equity financing for Bioleum" from March RNS.First tranche is closed, they are at least 6 months beyond original deadline for closing the whole offering.

[Goldbuguk @Goldbuguk1]

Noone can be so permabullish on $lode unless paid for. Anyone independent & with a braincell would be critical of $lode treatment of shareholders & poor execution. Such criticism is constructive, boards should be challenged and held to account unless you are a mouth for hire.

[Yo momma @Yomommasay]

@Goldbuguk1 Then why do you insist on continuing to open your dipshit mouth? Just move on if thats what you think. Nobody needs you around

[The Secret History of Gold - out May 5 @DominicFrisby]

Gold Waits While Britain Cracks
The UK has not lost control of its debt markets. But it looks like it's about to

It is always nice to be a national of a country that is leading the pack. It makes one proud.

Perhaps not when it comes to sovereign debt markets, however. But that is where we are in the UK.

Yields on 30-year gilts, ie UK long-term government borrowing costs, hit 5.75% this week, the highest level since 1998, and the highest in the G7.

We've just had local elections in the UK and was barely been discussed as an issue, when it should be front and centre.

The cost of servicing UK debt is now north of £100 billion, roughly 7% of annual expenditure.

All you young folks grinding away at your desks to pay Income Tax, that’s what much your effort is being expended on: servicing debt. It’s not like you are contributing to anything new. As I say in Daylight Robbery, debt is a tax on the future.

UK public spending is now £48,000 per household. That’s how out of control things now are.

This is only going to get worse. You have to own gold.

The main reason sterling has held together better than many expected is that UK interest rates remain high.

Whether the Bank of England formally raises rates further or not, the market itself is already tightening financial conditions. Happy mortgage day, everyone. The post-2008 era of low rates is well and truly over.

So-called yield curve control will have to come, to stop the government admitting they are insolvent. And that means further currency debasement.

All the political turmoil that’s coming as Labour tries to get rid of Keir Starmer after today’s rout is not going to help. The next General Election is still three years away. Labour will put that off for as long as possible as half of them are going to lose their seats.

I should perhaps say this. 5.75% is not “instant crisis” serious, and the yield has come off a little amidst the latest potential for peace in Iran. Today it’s 5.63%. We are now at the “the market is starting to ask questions” stage.

For context, in 1992 long-dated yields went to 9% even while the base rate hit 15% on Black Wednesday itself.

We can survive 5.75% for a little bit, but this is a upwards trend and it is going higher.

The UK is uniquely vulnerable: large fiscal deficits, high debt-to-GDP, high taxes, high energy costs, heavy state-spending commitments, no political appetite for belt-tightening, low growth, a service-sector-led economy much of which can be replaced by AI, financial services suffocated by regulation. Then there are the demographic issues: an ageing population, the most productive leaving, and a reliance on foreign capital which, at present, is not coming .

What does this all translate to? Higher mortgage rates, increased government refinancing costs, higher taxes as a result, forced spending cuts, pension funds and leveraged financial institutions coming under pressure, weaker growth and sterling vulnerability.

If you are a reader from outside the UK, you can look at the UK and know what is likely coming to you soon after.

The government itself will get into a terminal loop: higher yields → higher debt servicing → larger deficits → more issuance → higher yields.

This is precisely the environment in which gold tends to perform well. Not necessarily hyperinflation. Not collapse. But fiscal deterioration combined with financial repression, negative real rates and declining confidence in sovereign balance sheets.

I stress Britain has not yet lost control. But the market is starting to pose the question.

You’ll know we’re really losing control if the Bank of England starts monetising debt again, it struggles to sell gilts, the currency weakens materially, debt servicing trumps fiscal policy, and policy becomes geared primarily around keeping the gilt markets happy. We’re nearly there, but not quite.

This is a global problem, even if the UK leads, and the fact that it is global increases our chances of muddling through, which is probably the prime UK philosophy when it comes to policy. We have the advantage that we borrow in our own currency and the Bank of England can always print. Unlike many gold bugs, I am not predicting imminent collapse. I don’t have that apocalyptic/optimistic view. The system probably survives. But survival increasingly requires currency debasement.

Own assets which they can't debase.

[Goldbuguk @Goldbuguk1]

@METhompson72 Do you think $TUN closes the financing this quarter?

[Goldbuguk @Goldbuguk1]

@Yomommasay @sandy_slipper @variance_swap BTW series A is NOT compete. Even the rampers are so confused they can't get the facts straight 🤪