365 votes

>Gold $1,210 Silver $16.40 Platinum $1,185 Palladium $825 Dollar 95.50

............♘ Daily Paul Metals Thread ♘ ............
Hidden Secrets Of Money
Part 1 - Currency vs Money
Part 2 - Seven Stages Of Empire
Part 3 - Dollar Crisis To Golden Opportunity
Part 4 - The Biggest Scam In The History Of Mankind
Part 5 - TRUE History Of Money
Silver, Gold & Currencies Revalued Overnight - Mike Maloney
provided by mauip3
A Visual History Of Gold link provided by DJP333
Gold Manipulation: The Logical Outcome Of Mainstream Economics
Gold Manipulation: How They Do It (And How To Hedge It)
Visualizing Platinum & Palladium's Place In The World
Gold & Silver, Ron Paul: THE TRUTH
Visualizing All The Silver In The World
Bitcoin: Rate Charts and Commodity Exchanges
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!
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How Governments will confiscate your GOLD!!!
4 Must watch videos...NOTE:These videos give you a heads up of what is coming!
Madness of a Lost Society (in 4 parts)
The Day the Dollar died...
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....
Inflation or Deflation....Metals win...
Why Deflation is good for Precious Metals:

Live Charts Here...
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

"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

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.
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!
This is an incredible site for watching metals:
This site monitors all ebay metals prices.Check it out:
Jim Sinclair - a Great read everyday: http://jsmineset.com
Hard Core Gold site. Great reads: http://321gold.com

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Sooner or later... all fiat currencies fail miserably.

Those squiggly lines look a bit like waterfalls. Those charted squiggly lines reflect poorly on rich & poor alike. When the very currency you were counting on to buy your next meal fails, you go hungry.

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

Andrew Maguire, Gold and silver fix.

I wonder what Prechter is going to say when the gold and silver markets achieve true price discovery. What are these people going to do who follow EWT and think they are going to buy silver at 5.00 and gold at 250.00 but it doesn't come. What are they going to do when the gold and silver markets run away from them and no one is selling their metals for those king dollars that are going to be worthless? How will they protect and feed their families.


SteveMT's picture

Chinese return from the Lunar New Year celebrations & buy metal

With China's return from the Lunar New Year celebrations, it appears precious metals are benefitting from some pent-up demand. Gold, and its high-beta cousin Silver have jumped in the Asia session and are now the best performing asset post-Yellen testimony. US equity futures have drifted lower from the cash close and copper has given back most of its gains...

Silver and Gold: Why Now- Armstrong’s “BIG BANG” Coming in Octob

Silver and gold, at current prices, are an excellent investment, but more importantly, they are insurance and protection against the probability that our financial system will “go critical” as a consequence of years of Quantitative Easing, Zero Interest Rates, massive fiat money creation, and the deficit spending that has generated about $200 Trillion of global debt. Unstable systems can “go critical” practically overnight.
The big reset might not happen for several more years, or it might occur near Armstrong’s “big bang” point in October of this year.


SteveMT's picture

December Bond dumping: Russia, $22B, China, $6B, Japan $10B

$38B in US Treasuries dumped on the market in one month. That's a drop in the fiat bucket.


just think...

If silver "doubles overnight" tonight, it would only have to rally another 14 or 15 dollars for sierra's Jan 2012 calls in SLV (that he bought in summer of 2011 in preparation for the Epic Fall ("the SEASON!!") he was anticipating) to come into the money...er, except they expired completely worthless over 3 years ago.

SteveMT's picture

Silver Crushed On Heavy Volume, down $1.00

Silver Crushed On Heavy Volume As WTI Crude Slides Back Below $52


Ready to leave

I am disheartend..This corperation of strip malls and it's stupid population has got the best of me.Im tired of waiting for silver to go to the moon.There is no road to self riches.Ya got to go out an get it .I do good tattoos and its apperent to me that the marine corps has lost there hard coreness.The tuff ones aint comin in anymore.When a guy crys and his woman is there holding his hand well it makes me want to puke.Fuck this shit.I know there is freedom for me in South East Asia.Im putting every bit of my effort in to my new path.Gonna sell most o me silver and leave my gold where it is in the ground.For an ace in the hole.Peace! https://www.youtube.com/watch? It,s all fake shitfeature=player_detailpage&v=o0W91FrTlYk&list=PL3D8E3D7E046A922B

I love liberty like fresh cool air in my lungs.I love freedom like fresh cool water on my tongue.I love peace like the smooth skin of my sweet lady.And Dr.Ron Paul is the hero I believe will change the world.

Dude, you are going to be

Dude, you are going to be kicking yourself when silver triples in the next few years. As has been been proven time and time again, throughout the course of history, the manipulation can only last for so long. Why not just collect some dollars while they are artificially high and use them in SE Asia while they still have absurd value?


When has Silver ever not been manipulated?

How can you guys say with a straight face that "the manipulation is going to end"? What would ever stop this? The SEC? a private lawsuit? somebody "cracking down" on J.P. Morgan?

Who will do this? It ain't happening.

Isn't it obvious by now that simplistic "supply and demand" analysis is a meaningless determinant of the price - when that is controlled by paper instrument flooding, high-speed computer trading, and the fact that worldwide military violence is used to ensure that the U.S. Dollar is currency standard?

And, it doesn't matter if something has 'value' if you can't pay your bills with it. All that matters is the exchange rate (manipulated) that is established (regardless of whether it is "fair" or not).

5 years ago Silver was worth $49 and it was just shredded down to a worthless $16. You think that by you buying a few coins ... you're going to make that manipulation disappear?

You might as well be waiting for the Great Pumkin to come Charlie Brown ... maybe he'll straighten all out for ya.

It ain't happening!

So you think the unending

So you think the unending printing is sustainable in perpetuity then?

No, I don't think printing is perpetual, but...

Everyone thought "what's gonna happen when China doesn't buy our debt anymore; Russia too". Answer, the FED buys treasuries, or finds someone new like Belgium to do it. Fact is, we can print and will print if needed, and the full faith and credit of the US debt will be backed by our military. Are countries trying to move away from the dollar? Yes, but look whats happening to them now. We are debasing a variety of players to ensure our credit worthiness ( dominance ).

Americas debt is going to come at the expense of our standard of living. Congress does not have the will power to install accountability to the FED.

For now, we still have control of the digital systems that are the backbone of communications in financial systems. We have the cables, infrastructure and military. We may or may not have lots of gold and we may have our own oil standard when the time comes.

Do i think the whole system is a house of cards and the FED has no other play? Yes, but I also think 'someone' will be blamed and war might be inevitable. what type of war, I dont know. Hot war? Currency war? Covert ops and instability war?

I'm actually with you, and am very uncomfortable with all going on, and although it can crash tomorrow, it can also play out for many more years.

I certainly am no expert by any means. This is just my take.

Global Wars

When Ghadaffi tried to establish independent currency (Dinar) he was whacked.
When Saddam Hussein wanted to trade oil in Euros instead of U.S. Dollars he was whacked?

Rothschilds (debt-based) Central Banks have been established everywhere, in every major Country, with only one exception.....Iran. And you know who is on the chopping block next.

Printing is not an issue when you have Global Worldwide Violence ensuring the use and ensuring the acceptance of your currency.

And until somebody shuts down J.P. Morgan, and the games played by Central Banks the manipulation will never stop with Silver (or Gold).

So yes it is perpetual....because it is enforced to be perpetual (with alternatives stomped out as they get created).

Nixon decoupled the dollar

Nixon decoupled the dollar from the gold standard in 1971, and I agree we have had perpetual war since then. But that is a very short time period in the grand scheme of things. All it would take is one crazy President or ambitious Senator to reverse that. Or what if a state, say Utah or Texas truly allowed for competing currency and figured out how to do it right and prospered and other states wanted to copy it? It sounds crazy, but not as crazy as something like legalizing Marijuana or gay marriage did just 20 years ago- after all that's the way it was for the first 200 years of the country.

I'm less optimistic...

Given our election system (legalized bribery, and U.S. Media filtering), I don't see how an independent or 'crazy' President is ever going to get into power, and dismantle Wall Street Banks and its "Federal Reserve" monopoly.

The existing system is just so massively profitable for the 1% elites, that they will gladly destroy the rest of the World to see it perpetuated for themselves. Similarly, for a very brief period (1970s) this Country formed a consensus rejecting Foreign Wars, and excessive Militarism, and even took some steps towards exposing the CIA conspiracies (assassinations, etc.). But that little period of "sunshine" lasted only 4-5 years.

Then Reagan & Bush were put into power and everything changed right back again to the worship of Warfare, the boot of the rich on the neck of the poor, and the brainwashing and dumbing down of the American people. All the idealism of the 1960s, and early-mid 1970s suddenly went away. As Huey Lewis said in the 1980s: "It's hip to be square". Totalitarianism was back again.

New "Vietnam Wars" and Worldwide slaughter were fashionable again.

They (CIA) even killed John Lennon (the musical voice of idealism). So the point I'm making here is that their grip over this Country is so absolute and so wide reaching that no gigantic institution of tyranny can be overthrown....whether we are talking about the Central Bank (and Wall Street), or the Military Industrial Complex, or the way our Election system ensures only puppets to high-power will get into Office.

This Country still had a chance perhaps around 1992, but the control and repression is just too all consuming now. The NSA knows everything that I just typed too!

Here's what Ron has to say

“And it’s not gonna be because there will be enough people in the U.S. Congress to legislate it. It won’t happen. It will be defacto. Ya know, you’ll have a gold standard when the paper standard fails and we’re getting awfully close to that. And people will have to resort to taking care of themselves. So when conditions breakdown, ya know, there’s gonna be an alternative. And I think that’s what we’re witnessing.” -Ron Paul http://www.buzzfeed.com/andrewkaczynski/ron-paul-good-news-t...

I agree with every single

I agree with every single thing you just said. The question is though, where is the end point? Will this be the state of humanity until we extinct ourselves? I don't think so. Look at all of the other tyrannical empires that have fallen one way or another over the course of history. It was almost always due to some unforseen variable that nobody expected. But they were all very similar to our current Empire right before they went down. What is going to happen when these kids who grew up never knowing a world without internet get into power? Sure the majority of it may be a distraction. But the internet alone will kill the MSM and the ridiculousness of the stuff that Fox News and MSNBC try to put out there will be apparent to everyone. What happens when more than half of Congress grew up following Justin Amash and Thomas Massie on Facebook, and the Ben Swanns of the world are the most popular news source? Or when a ten year old in Yemen is able to livestream a drone killing him and his whole family and it goes viral by the billions? Maybe I'm just being idealistic, but I'm 29 and I feel like this is the way the world is trending, at least among my friends and people my age (99% of which are not Ron Paul supporters- they just instinctually know the system is rigged and neither party is to be trusted).


Dude, silver would have to triple JUST TO GET BACK WHERE IT WAS a few years ago (april 2011), which was just shy of its then 31 year old record high from 1980.

In 2007 the S&P 500 was at an

In 2007 the S&P 500 was at an all time high of 1,561 (artificially due to easy money) and Silver was at $13/oz. Then the stock market bubble burst (inevitable) and a within a few years (2011) silver shot up to $49/oz.

The S&P has been climbing ever since and silver is artificially down. S&P 500 is now at a new all time high bubble of 2,000+, 30% higher than the last bubble. How long do you think it will last until it bursts again?

SteveMT's picture

Another new low for the Baltic Dry Index: 530.

World's Largest Shipbuilder Reports $3 Billion Loss As Baltic Dry Index Hits New Record-er Low 2-13-15
South Korea’s Hyundai Heavy Industries, the world’s largest shipbuilder, has reported operating loss of KRW 3.25 trillion in 2014, or about USD $2.96 billion.


SteveMT's picture

Central Banks Buy 2nd Most Gold In 50 Years in '14: 447 tonnes

That "barbaric relic" from the past is still the most sought after commodity on the planet by the greediest people living on the planet.
Central Banks Buy The Second Most Gold In 50 Years: A Look At Who's Buying


Banks On The Run

The latest CFTC Bank Participation Report brings the usual horrors and it confirms our “inherently unfair” thesis. However, there’s also a bigger picture that gold investors everywhere need to consider.
I’d simply like to focus on how the 24 banks have changed their positions over the past month and the past year. It’s pretty remarkable stuff.
With price of gold nearly unchanged YoY and with total open interest up by about 51,000 contracts, the 24 largest gold-trading banks have massaged their NET position by 146,606 contracts. A NET change of 14,660,600 troy ounces or 456 metric tonnes….
All. To. Keep. Price. Unchanged.


DJP333's picture

Print baby, print!

The "world’s top finance leaders on Tuesday in effect backed currency depreciation as a tool for promoting growth by signaling strong support for aggressive easy-money policies aimed at boosting the fragile global economy." Spot the person who just realized it's not going to work.


"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

Ever wonder why they appointed a Grandma to head the FED?

They're hoping pissed off rioters won't hang their own Grandma LOL!

Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

SteveMT's picture

Greeks Are Turning To Gold .... Again

As Bloomberg reports, "Greek demand for gold coins is rising as investors search for a safe haven from the country’s political turmoil, according to the U.K. Royal Mint."

“There has been a noticeable increase in demand in this last quarter,” Lisa Elward, head of bullion sales at the Royal Mint, said in an e-mail to Bloomberg News. “We tend to see an upsurge in sales at times of political and financial uncertainty.”

They said that with a straight face because in Greece "times of political and financial uncertainty" are now a monthly if not quarterly development. As a result, Greek investors are turning to gold. The Royal Mint declined to provide exact sales figures for the gold coins, known as Sovereigns.

Domestically, the Greek gold demand is currently run-rating at more than double that of Q4 2014: the Bank of Greece sold 5,849 Sovereign coins in January, according to an e-mail from the central bank. Bloomberg cites government data which show sales of 7,857 coins in the last quarter of 2014.

And another nice 1 oz Gold Buffalo is soon to be on it's way.

What a dip,I hope its over.

I love liberty like fresh cool air in my lungs.I love freedom like fresh cool water on my tongue.I love peace like the smooth skin of my sweet lady.And Dr.Ron Paul is the hero I believe will change the world.

Or 72 oz of silver

Siler will one day be worth more than gold IMO. All gold ever mined is put in a vault, where silver ends up in the landfill.

Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

True and understood too.

Thought my little leather bag would feel better when I pick it up from time to time though.

I love liberty like fresh cool air in my lungs.I love freedom like fresh cool water on my tongue.I love peace like the smooth skin of my sweet lady.And Dr.Ron Paul is the hero I believe will change the world.