353 votes

>Gold $1,280 Silver $19.40 Platinum $1,400 Palladium $780 Dollar 79.90

............♘ 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
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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 19,000 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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DJP333's picture

What do you guys make of this?

It happened last week also. Massive sell off in London and then buying frenzy when Wall Street opens up in the morning. Looks a little shady to me.


"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."

The plight of miners looking for gold.

Near as I can recollect, a gold prospector met St. Peter some time back at the Pearly Gates. When told his occupation, St. Peter said, ‘Oh, I’m really sorry. You seem to meet all the tests to get into Heaven. But we’ve got a terrible problem. See that pen over there? That’s where we keep the gold prospectors waiting to get into Heaven. And it’s filled – we haven’t got room for even one more.’ The gold prospector thought for a minute and said, ‘Would you mind if I just said four words to those folks?’ ‘I can’t see any harm in that,’ said St. Peter. So the old-timer cupped his hands and yelled out, ‘Gold discovered in Hell!’ Immediately, the gold prospectors wrenched the lock off the door of the pen and out they flew, flapping their wings as hard as they could for the lower regions. ‘You know, that’s a pretty good trick,’ St. Peter said. ‘Move in. The place is yours. You’ve got plenty of room.’ The old fellow scratched his head and said, ‘No. If you don’t mind, I think I’ll go along with the rest of them. There may be some truth to that rumor after all.’

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

Happy 3 year anniversary of silver top

Yep it was 3 years ago tonight that silver peaked just shy of its record high from 1980, and now, $30 lower and more than 450 pages of this thread later, very few posters here would even agree it is a bear market. That means we still have a long ways to go.

It is traditional for me to mark this anniversary by going back to the time of the peak and re-posting hilarious posts from all of the experts who ridiculed and insulted me for suggesting they sell or hedge their holdings, but almost none of them still post here, and the one big mouth who does still post has been pretty quiet lately, so I will merely link to the pages of this thread surrounding the top and encourage people to go back and scroll through what was being said at the time. It should be educational for everyone, and extremely entertaining for the few who were bearish the last 3 years.

The top occurred when the page at the following link was page 1 of this thread
http://www.dailypaul.com/144648/saudi-markets-fall-over-6-go...

From there you can go back or forward page by page to read what was posted before (>) and after (<) the top.

Here is my post that I made a little more than 24 hours after the top where I explained how "This is a great freaking time to sell silver!!!! (And a terrible time to buy!!!)" ...
http://www.dailypaul.com/comment/1717576
on the page linked here...
http://www.dailypaul.com/144648/saudi-markets-fall-over-6-go...

Note the negative reception I got. Where are they now?

Dollar crash within a few months?

With continued turmoil and uncertainty in global markets, today KWN is publishing another important piece that was written by a 60-year market veteran. The Godfather of newsletter writers, Richard Russell, made this ominous prediction, “In a matter of months, I see the dollar crashing.” Russell also stated that he is buying all of the physical gold and silver he can, “while they are still available.”

KWN BLOGshapeimage_24_link_0shapeimage_24_link_1 © 2014 by King World News®. All Rights Reserved. This material may not be published, broadcast,

rewritten, or redistributed. However, linking directly to the blog page is permitted and encouraged.
April 22, 2014
Subscribe to RSSCLICK HEREshapeimage_27_link_0shapeimage_27_link_1 KWN Blog
Archivesshapeimage_28_link_0shapeimage_28_link_1 Russell: “For the benefit of new subscribers, I want to state my position. I think the bear market that started in 2007 was interrupted, BUT NOT ENDED, by the Fed. Somewhere ahead, I believe this bear market will run to conclusion. I also believe that the great recession never ended, but was masked by the “manufacture” rally in the stock market. Thus the reason that the Fed cannot produce its much-wanted 2% inflation is that the deflationary pressure of the great recession is still in force. The stock market continues to struggle higher, with the needed help of the Fed’s QE and zero interest rates.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/...

SteveMT's picture

Tuesdays are bad days for gold;2500 gold contracts go in 2 sec?

2500 Gold Futures contracts in 2 seconds at 11:35:48 $GC_F $GLD
9:40 AM - 22 Apr 2014

http://www.zerohedge.com/news/2014-04-22/gold-tumbles-2-mont...

DJP333's picture

Gold and Silver completely flat today

Is this because of Easter or because the trading algorithms done broke?


"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."

DJP333's picture

4-15-14 gold discussion with Peter Schiff

You guys have to check this one out....

"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."

DJP333's picture

Russia’s Gazprom Neft says Asian buyers willing to use euros

Russian state-controlled oil producer Gazprom Neft said it had received positive responses from Asian clients about the possibility of using euros as a settlement currency instead of the dollar.

http://www.oilandgaseurasia.com/en/node/60811/?utm_source=Em...

"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."

SteveMT's picture

Over $0.5B in gold futures paper dumped in a flash on tax day.

The same thing happened to palladium. Both metal futures markets were halted for 10 seconds.
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Gold Futures Halted Again On Latest Furious Slamdown
4-15-14

It seems the two words "fiduciary duty" are strangely missing from the dictionary of the new normal's asset management community. This morning, shortly before 8:27am ET, someone decide that it was the perfect time to dump thousands of Gold futures contracts worth over half a billion dollars notional. This smashed Gold futures down over $12 instantaneously, breaking below the 200DMA and triggered the futures exchange to halt trading in the precious metal for 10-seconds. Palladium also got clobbered and was also halted. This is gold's worst since Bernanke 'tapered' in December.
http://www.zerohedge.com/news/2014-04-15/gold-futures-halted...

DJP333's picture

Gold and Silver slam this morning

Gold back under $1300 and Silver close to $19 again. They say its related to slowing China demand, but that's BS.


"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."

SteveMT's picture

PPT spikes markets in last half-hour of trading 4-14-14

Supposition: yes
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Unrigged Market Soars On 3:30 PM Fundamental Bullish Catalyst

http://www.zerohedge.com/news/2014-04-14/unrigged-market-soa...

DJP333's picture

Silver acting crazy

What a strange morning for silver, major sell off in London, but buying frenzy in the US it seems.

"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."

LOL....I wish...Silver @ $219

ooooo baby

Wha? .....hey....who stole my country?

SteveMT's picture

I've been manuelly updating these numbers for years.

Every so often even I make a mistake (lol). Thanks for letting me know.

Cyril's picture

Guys, there might be 2 too many powers of ten for the Ag spot

Guys, there might be 2 too many powers of ten for the Ag spot price in the title...

Phew ! You got me worried of missing quite an opportunity for a second !

;)

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

DJP333's picture

Ha, is this foreshadowing

for this time next year? Hope so. I was about to say, we made it, SELL SELL SELL!! Time to cash-in boys!

"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."

DJP333's picture

China's Demand For Gold Has Trapped The West's Central Banks

Damn! One of the best discussions about Gold I have heard so far.

"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."

DJP333's picture

U.S. & China Have Picked The Low-Hanging Fruit

http://www.zerohedge.com/news/2014-04-10/now-us-china-have-p...

"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."

DJP333's picture

Gold and the US Dollar Fight to the Death

"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."

SteveMT's picture

Place your bets.

My bet is on gold. Good video. Thanks.

DJP333's picture

So far this week...you are winning

Are we going to see the Dollar drop below $79 this week??

"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."

DJP333's picture

Another whacky day...

The dollar took a beating, gold and silver started the day with a dump, but recovered well during afternoon.



"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."

SteveMT's picture

Baltic Dry Collapses To Worst Start To A Year On Record

3-9-14
The Baltic Dry has dropped 12 days in a row and plunged back to $1061 - its lowest since August 2013. This is the worst start to a year on record... must be the weather.

http://www.zerohedge.com/news/2014-04-09/baltic-dry-collapse...

Clean Russian Money

http://www.cbr.ru/Eng/bank-notes_coins/unfit/Criteria.pdf
Notes kept at a high standard of cleanliness.
They probably don't want the filthy hands of Western Bankers to soil their notes.

Southern Agrarian

Russian Mint

http://www.mmint.ru/
Not sure how to navigate it but they have some silver bullion.
Doubt my VISA works on their site though.

Southern Agrarian

found a link

SteveMT's picture

40 Central Banks are accumulating yuan. Why?

Because nothing lasts forever.
-------------------------------------------

At least 40 central banks have invested in the yuan and several others are preparing to do so, putting the mainland currency on the path to reserve status even before full convertibility.
http://www.zerohedge.com/news/2014-04-08/40-central-banks-ar...

Silver Price Forecast 2014: Monetary Collapse and Silver’s Not S

← Silver Price Forecast 2014: Significant Silver Rallies Usually Follow Major Dow Peaks

Silver Price Forecast 2014: Monetary Collapse and Silver’s Not So Orderly Rise

April 8, 2014

Silver Price Forecast 2014: Monetary Collapse and Silver’s Not So Orderly Rise

We are about to see the end of our current international monetary system. Based on much of the evidence that I have written about previously, this appears to be a certainty. The systematic build-up of this current monetary order went together with the gradual phasing out of silver from the monetary order.

This system, by its very nature, has been diverting value away from silver. To understand this, just imagine that silver was actually used as currency (like the paper Dollar is currently used); we would then have much less silver available for sale in the current silver market. Based on the demand and supply economic model, this would then mean that the silver price would rise significantly.

The fact that silver is not held by central banks in significant quantities(or not held at all), puts it at a further disadvantage as compared with gold, in the current monetary regime. This is one of the reasons why silver is often mistakenly ignored as real money.

The rise of silver and the collapse of the monetary system is inescapably linked. Therefore, if the collapse of the monetary system is not orderly, then the rise of silver’s value will not likely be orderly. Collapse by definition suggests: to break or fall suddenly. This would suggest that when the time comes, silver will explode higher suddenly; for example, it could be possible that it rises $10, $20, $100 a day, until you can suddenly not buy it with fiat money. Interestingly, that actually means that silver and gold will reach the same price in fiat currency.

So, if you are buying physical silver to hedge against the collapse of the monetary system, you are not buying it, and looking for the price to rise to about $30 at the end of this year. No, you are expecting a sudden explosion of price, you just do not know exactly when. The approach of the silver “stackers” is therefore, the best approach, given that a monetary collapse is inevitable.

Continue:
http://hubertmoolman.wordpress.com/2014/04/08/silver-price-f...

DJP333's picture

Rough start to the week for the Dolla'

http://www.kitco.com/finance/

"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."