358 votes

>Gold $1,170 Silver $16.10 Platinum $1,230 Palladium $790 Dollar 86.85

............♘ Daily Paul Metals Thread ♘ ............
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Hidden Secrets Of Money
Part 1 - Currency vs Money
http://youtu.be/DyV0OfU3-FU
Part 2 - Seven Stages Of Empire
http://youtu.be/EdSq5H7awi8
Part 3 - Dollar Crisis To Golden Opportunity
http://youtu.be/y-IemeM-Ado
Part 4 - The Biggest Scam In The History Of Mankind
http://youtu.be/iFDe5kUUyT0
Part 5 - TRUE History Of Money
http://youtu.be/OQWMd_NPSBA
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Silver, Gold & Currencies Revalued Overnight - Mike Maloney
provided by mauip3
http://youtu.be/GxKvTepymxs
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A Visual History Of Gold link provided by DJP333
http://www.zerohedge.com/news/2014-02-26/visual-history-gold...
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Gold Manipulation: The Logical Outcome Of Mainstream Economics
http://www.zerohedge.com/news/2013-02-21/guest-post-gold-man...
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Gold Manipulation: How They Do It (And How To Hedge It)
http://www.zerohedge.com/news/2013-02-26/guest-post-gold-man...
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Visualizing Platinum & Palladium's Place In The World
http://www.zerohedge.com/news/2013-01-24/visualizing-platinu...
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Gold & Silver, Ron Paul: THE TRUTH
http://www.youtube.com/watch?v=E-ShSGz89mA&feature=related
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Visualizing All The Silver In The World
http://www.zerohedge.com/news/2013-03-01/visualizing-all-sil...
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Bitcoin: Rate Charts and Commodity Exchanges
http://bitcoincharts.com/markets/
https://ounce.me/
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Welcome to the Daily Paul Metals thread. This thread was designed to keep all metals questions and comments in one place. At over 19,500 posts, we try to keep the price of Metals in the headline as up to date as possible...but sometimes it can get away from us. Feel free to ask questions about (all) investing here...you will get an array of answers that will help you in your decisions. Remember...any investment can have loses or gains...If we knew exactly where the markets will be tomorrow or a year from now we would all be wealthy.......The people here have strong opinions one way or another, so... Do your own research and then decide if metals are good for you. Ron Paul is a firm believer in holding physical Gold and Silver. Many of us share that same view! Welcome!
NOTE: Thread is now monitored for posting violations.

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How Governments will confiscate your GOLD!!!
http://www.sovereignman.com/expat/gold-confiscation/
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4 Must watch videos...NOTE:These videos give you a heads up of what is coming!
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Madness of a Lost Society (in 4 parts)
http://www.youtube.com/watch?v=HyjAHfnu0qc
http://www.youtube.com/watch?v=WRvjufH29vE
http://youtu.be/p_Ic_OvIPtU
http://youtu.be/2FZmHBcrk5Q
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The Day the Dollar died...
http://www.youtube.com/watch?v=2N8gJSMoOJc
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Gold $5000 and Silver $200 an ounce...

Rob McEwen: Your readers need to appreciate: Gold is money. It is currency. I think the number of people familiar with gold will grow as people see gold as a currency. China, India, Russia are buying gold to diversify their foreign reserves. To restore the confidence in currencies, I think some central banks, such as the Chinese and possibly the Russian, will increase their gold holdings to the level that the percentage of their total currency will be greater than that of any other currency in the world. At that point, they will assert that their currency should become the reserve currency of the world.
Full Read....
http://news.goldseek.com/GoldSeek/1313942400.php
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Inflation or Deflation....Metals win...
http://news.goldseek.com/ClifDroke/1310933400.php
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Why Deflation is good for Precious Metals:
http://seekingalpha.com/article/183323-why-deflation-is-good...
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Live Charts Here...
http://www.sgxniftydowfutureslive.com/index_files/DOWFUTURES...
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LIVE DOLLAR CHART HERE
http://www.goldseek.com/quotes/charts/usdollar/usdollarindex...
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This thread was started 9/16/10 - here were the prices.

Submitted by SteveMT on Thu, 09/16/2010 - 11:51.

Metal Bid Ask
Gold $1,273.60
Silver $20.73
Platinum $1,602.50
Palladium $546.00

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"Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves."
–Norm Franz, Money and Wealth in the New Millenium

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Top Gold Goodies:
From Mark Twain: It links to one page for Options Expiration & another page for Futures Expiration. It is easy to save or print out for reference all year long. It is a handy reference identifying when US contracts expire for 2014.
http://www.apexfutures.com/trading-tools/expiration-dates/
http://www.heritagewestfutures.com/docs/default-source/defau...
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This is where I watch it happen: http://www.goldseek.com
This is where I buy from: www.apmex.com:
A great read. Think and Stop Investing!
http://www.silverstrategies.com/publications/ThinkandSTOP.pdf
This is an incredible site for watching metals:
http://www.24hgold.com/english/home.aspx
This site monitors all ebay metals prices.Check it out:
http://www.24hgold.com/english/buy_sell_gold_coins.aspx?co_id=0
Jim Sinclair - a Great read everyday: http://jsmineset.com
Hard Core Gold site. Great reads: http://321gold.com

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Sold Out

My coin store was sold out of the rounds that had just come in today. The only silver that they had at all were the silver eagles and those had come in 30 minutes before I did. We bought a bunch of those.

During your quest for happiness don't forget to take a few breaks along the way and just be happy :)

I just added another

chunk to my metals today...Wow.

DJP333's picture

how can you not at these prices!?!?!

Went by my local dealer today during lunch break, picked up all of his silver eagles, a 10 oz bar and some 90% junk. He didn't have much left. Thanks big banks and FED for crashing it on payday! Muchos Gracias douchebags! Yeah I'm talking to you. We know you watch this thread, douchebags. haha.

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

The silver market manipulation is so obvious

for anyone that just looks.

Harvey Organ mentioned the Shangai Market is running out of silver, now the Comex is being drained of its physical silver.

http://www.silverdoctors.com/physical-silver-being-drained-f...

The article also mentions the US mint is on track to sell more silver than all silver mined in US this year and last!

Gold standard: because man can not be trusted to control his greed

They are trying to shake off

They are trying to shake off the unsure investors this price dip cannot last long before the mining companies, miners, dealers, and buyers even more frustrated and restless. These banks can't manipulate for that much longer. Only advice I can give is to take advantage you know they are

Silver is at freakin' $15.86.

Silver is at freakin' $15.86. Gold is at flippin' $1162.50. WOW!

DJP333's picture

Wow, indeed.

I am speechless right now at the price drop! Dollar index shot up today also, almost 87. It is payday today.....hmmm....

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

3% down overnight!

Gold and silver are both down over 3% in overnight trading. Amazing.

I went to the great metal sale yesterday after work

Picked up 8 - 100 bar Lots of one ounce Silver art bars (Wifey loves em) also some Libertads and some Silver Eagles. I don't do "Black Friday" type of sales, in fact I buy almost everything that I use online but I will happily visit 4 or 5 Coin Shops in a trip! I love these kind of sales.

Probably a very wise move

I have to think that with the drop of over 3% in overnight trading, a lot of shops are going to be "out of stock" while waiting for higher prices to return. I doubt you would have been able to find 800oz later today.

Been making a lot of good calls on stocks

JDST up 26% yesterday and up 17% today.

UGAZ up 3.77% yesterday and 6.55% today.

It's not all about gold.

http://bit.ly/goldcurrentthoughts

Author of Buy Gold and Silver Safely
Next book: Illusions of Wealth - due out soon
Also writing book We the Serfs!

JNUG

Went the other way this morning with JNUG. Have never seen a stock/ETF fall 20% plus 2 days in a row. Already sold though as I have a rule to take profit if I hit 4 digits in one day. I'm not greedy.

Miners setting up for trade of a lifetime but not yet.

Author of Buy Gold and Silver Safely
Next book: Illusions of Wealth - due out soon
Also writing book We the Serfs!

SteveMT's picture

Japan prints 10T more yen, $ goes up, metals down even more.

Markets Explode Higher As Bank Of Japan Goes All-In-er; Increases QE To JPY 80 Trillion
10-31-14

In a surprise move given all the recent congratulatory bullshit from Abe and Kuroda on breaking the back of Japan's deflation and bring about recovery (forgetting to mention record high misery index, surging bankruptcies and a crushed consumer), the Bank of Japan (by a 5-4 vote) raised its bond-buying program from JPY 70 trillion to 80 trillion... and triple its ETF buying to JPY 3 trillion. This move, on the heels of more confirmation of broader foreign asset purchases in Japan's GPIF sent USDJPY instantly gapping 1 big figure higher to 110.30 and Nikkei futures instantly rose 400 points. S&P futures are also surging. Gold and silver are tanking and TSY bonds are selling off.
http://www.zerohedge.com/news/2014-10-31/markets-explodes-ba...

Go to bed!

Go to bed!

US doesn't need to continue QE if involved countries do it for them. Either way, same effect. Will be a great Christmas backing up the truck to the PM dealer.

Southern Agrarian

Ah, reminds me of the silver

Ah, reminds me of the silver rush of April 2013.
Provident ran out of ASE and I had to buy mexican silver.

Now we are several dollars lower than that 1 year on. Haven't seen any of the dealer websites go down from bandwidth goon rushes yet, but could happen.

Southern Agrarian

SteveMT's picture

The metal slams will continue until there is nothing left.

The limbo is being done on metals. How low will they go before they are used only as paper weights and called "barbarous relics" of the past?

"Gold Paperweight" ~ The Lavender Hill Mob (1951), Alec Guiness

The Lavender Hill Mob (1951) ** Silver Screen Trailer (2 minutes; film 1:20 minutes).

The Lavender Hill Mob (1951) **

Eiffel Tower paperweight Heist.

Did you mean: "gold paperweights"?

Your search - "gold paper weights" - did not match any video results. - Google ® © 2014

When Holland learns that Pendlebury owns a foundry that exports gold-painted Eiffel Tower paperweights a plan is hatched to switch out the cheap souvenirs with solid gold ones. They enlist two career criminals (Sidney James and Alfie Bass) to pull off the caper. Surprisingly, the robbery, for the most part, goes off rather smoothly and the “mob” sends their £1 million’s worth of paperweights to Paris. Unfortunately, a mix up occurs and six British schoolgirls are sold solid gold paperweights while visiting the real Eiffel Tower.


The Lavender Hill Mob (1951) - Alec Guinness beats himself up 3 minute film clip from same (gold shown in black & white).

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

SteveMT's picture

Even back then, Obi-Wan had the force with him.

That 63-year-old movie clip was great to watch. Thanks, Mark.

Silver is delightfully on sale

$16.74 per ounce as I write this. I'm spending less and less on regular buys and getting the same amounts. Premiums on generics haven't gone up, so it's real savings.

At this rate I'll be able to work in a decent bit of gold once a month for the same price as usual.

SteveMT's picture

Fed "officially" ends QE3 printing presses. What now?

10-29-14
"Steady as she goes" was expected... having kept the "considerable time" dream alive last month, the FOMC ended QE3 on schedule but remained 'data-dependent' on reviving it...

*FED ENDS THIRD ROUND OF QUANTITATIVE EASING AS PLANNED
*FED SEES `SOLID JOB GAINS' WITH LOWER UNEMPLOYMENT
*FED: UNDERUTILIZATION OF LABOR RESOURCES GRADUALLY DIMINISHING
*FED REPEATS RATES TO STAY LOW FOR `CONSIDERABLE TIME'
*FED REPEATS RISK OF BELOW-TARGET INFLATION DIMINISHED SOMEWHAT
*FED SAYS LOWER ENERGY PRICES TO HOLD DOWN INFLATION NEAR TERM
*KOCHERLAKOTA DISSENTS AT FOMC, SEEKING QE CONTINUATION

And so now the "flow" has stopped; given that "bond buying" did not work, we are reminded of Alan Greenspan's warning that "I don’t think it’s possible" for the Fed to end its easy-money policies in a trouble-free manner.
http://www.zerohedge.com/news/2014-10-29/fomc-ends-qe-dream-...

Now that Belguim has saved the world

The FED can continue ending the QE program, LOL!

Gold standard: because man can not be trusted to control his greed

SteveMT's picture

Applications for home purchases is the lowest since August 1995

Housing recovery, not.
------------
Mortgage Purchase Applications Plunge To 19-Year Lows

DJP333's picture

Here's something you don't see everyday

Gold drops, but silver rises. Peculiar.


"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

SteveMT's picture

That is strange. Palladium is also back at $800.

What could possibly happen next? "Anything" is the answer in this upside down, inside out world.

DJP333's picture

Now look at whats happening!

there is some serious goings on today with gold and the dollar (happened at exactly 2pm CST in both instances). This stinks of something sinister.


"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

SteveMT's picture

The housing squeeze for owners and for renters.

Home ownership decreases....

... while the cost of renting increases.

http://www.zerohedge.com/news/2014-10-28/us-homeownership-ra...

DJP333's picture

The Chinese government

announced that the Renminbi will become directly convertible with the Singapore dollar… effective tomorrow morning.

http://www.sovereignman.com/trends/the-dollar-decline-contin...

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

DJP333's picture

Economic Mother Nature

killer interview between Greg Hunter and Andy Hoffman (www.MilesFranklin.com)

http://youtu.be/fcJVKDVTVc0
http://usawatchdog.com/global-economy-has-collapsed-andy-hof...

Andy Hoffman also mentions the Miles Franklin All Star Silver Panel Webinar:

http://youtu.be/aegHaMhBeaQ

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

SteveMT's picture

Crude oil now at $79.06/barrel.

Is this deflation or manipulation (again)?

Reality:

http://www.investmenttools.com/futures/bdi_baltic_dry_index.htm

Financial war?

Oil is Russia's main export, and it just lost over 25% of its value. That has to be hurting Russia.

Gold standard: because man can not be trusted to control his greed