>Gold $1,375 Silver $22.45 Platinum $1,455 Palladium $745 Dollar 83.80
Submitted by takeaction on Thu, 09/16/2010 - 09:31............♘ Daily Paul Metals Thread ♘ ............
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A Visual History Of Gold
http://www.zerohedge.com/news/2013-01-22/visual-history-gold
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Gold Manipulation: The Logical Outcome Of Mainstream Economics Part 1
http://www.zerohedge.com/news/2013-02-21/guest-post-gold-man...
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Gold Manipulation, Part 2: 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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Welcome to the Daily Paul Metals thread. This thread was designed to keep all metals questions and comments in one place. (16,500 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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$140 SILVER.....I stand by it!!
http://www.silverseek.com/article/i-stand-140-silver-2012
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How Governments will confiscate your GOLD!!!
http://www.sovereignman.com/expat/gold-confiscation/
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Five Banks that Dominate the Derivatives provided by Mark Twain
http://img853.imageshack.us/img853/9154/derivitives.gif
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3 Must watch videos...NOTE:These videos give you a heads up of what is coming!
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Madness of a lost Society
http://www.youtube.com/watch?v=HyjAHfnu0qc
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Madness of a lost Society Part 2
http://www.youtube.com/watch?v=WRvjufH29vE
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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.
If you look at the last gold run, gold went from $200/oz. in mid-1979 to $800/oz. in early 1980. During the 10-year period of 1970–1980, we saw a 20-fold increase in the price, from $40/oz. to over $800/oz. We also had a 20-year low in 2001 of $250/oz. If you apply that 20-times multiple, you're up to $5,000/oz.
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
2013.
http://www.heritagewestfutures.com/docs/default-document-lib...
http://www.heritagewestfutures.com/docs/default-document-lib...
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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Which way to your vault? I come to get my money.
More often now, than ever, we are encountering incidents when the banks are putting up all kinds of obstacles for these transfers. The first sign of the potential shortage of physical gold started with ABN AMRO a few weeks (when they) declared that they would renege on their commitment to redeem gold accounts in physical gold...."
Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul ☑
Closed out the rest of my shorts
I posted a few weeks ago that I had covered most of my short position in silver but retained a small position. I haved closed out my remaining short posiitons this week, and am completely flat.
I think the potential for a rally here is significant, but silver is not going to "double overnight", and there is not going to be any mass buying panic. The rally will prove to be a temporary upward correction within a downtrend which began over 2 years ago, and it should be sold.
How high will it go? I don't know but I'll probably start scaling back in lightly on the short side somewhere above $25 and add on as prices continue to rise (if they do). I doubt we will see $30 again but won't rule it out completely.
Metal's roller-coaster continues, down again
Gold And Silver Roundtrip To Friday's Close
5-21-13
It's been a wild ride in gold ($60 range) and silver ($2.50 range) in the last 2 days but for now, the precious metals have dropped back to unchanged from Friday's close.
See charts:
http://www.zerohedge.com/news/2013-05-21/gold-and-silver-rou...
Panic coming.....
At the same time we have publicly bearish elites such as George Soros, who is still telling everybody to sell their gold, who has personally turned extremely bullish. He is adding to his positions, including the most leveraged way you could play a recovery in the gold price. He is buying call options on the listed index for the junior gold miners.
Read it Here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/...
Oh how I wonder, oh how I worry
And I would dearly like to know
How all this squander of earthly plunder
will leave us anything to show
David Stockman discusses the London gold Pool
Federal Reserve members use freshly created money to manipulate prices.
This is an expense but it does not affect their 6% profit on paid in reserves.
Spare no expense.
Free includes debt-free!
Jim Willie: Coming to a Climax with Gold at $7,000 per Ounce
http://www.youtube.com/watch?feature=player_embedded&v=LSjpb...
Published on May 19, 2013
http://usawatchdog.com/bank-run-happe... Jim Willie of GoldenJackass.com says, "Before, they were talking about stress tests. Now, they realize that all of them in the past were a fraud. So, they are talking about 'bail-ins' because they are expecting failures." Dr. Willie contends, "It's all coming to a climax where gold is going to be central with a gold-trade central bank and gold priced at $7,000 per ounce." Join Greg Hunter as he goes One-on-One with Jim Willie, Editor of The Hat Trick Letter.
"Give a man a gun, and he could rob a bank. Give a man a bank, and he could rob the world."
Gold & Silver Mining in US back w/ a vengeance! Today up 5%
Today. US Mining Shares XX:DJUSMG :: Gold & Silver mining index XAU.
US Dollar languishes w/ little change (shown as gravel road on the char).
Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul ☑
Silver Halted 4 Times Overnight Amid Flash Crash
5-20-13
While we have become used to the almost daily trading-halts in Japanese government bonds, when the CME reports that Silver trading was halted four times overnight, it is increasingly clear that this market is anything but 'normal':
*SILVER TRADING WAS HALTED FOUR TIMES OVERNIGHT, CME GROUP SAYS
*SILVER TRADING WAS STOPPED FOUR TIMES IN 20-SECOND HALTS
*SILVER TRADING WAS HALTED IN `STOP-LOGIC EVENTS', CME SAYS
Yet somehow, amid all this 'extreme' volatility in 'safe' collateral assets, we still do not hear of funds blowing up (yet). While central bankers would seem to disagree, there really is no stability without volatility and the more that vol is suppressed, the more extreme the inevitable 'event'.
http://www.zerohedge.com/news/2013-05-20/silver-halted-4-tim...
Metals surge back today, as if nothing happened
Gold And Silver Inverse Baumgartner'd
5-20-13
While the mainstream media will likely be loathed to mention it, gold and silver are surging higher. Gold has retested $1400 and Silver $23 on no news... so it seems the demand for 'cheaper' precious metals was enough to warrant a 4.6% rally off overnight lows in gold and 12.5% in silver amid heavy volume in futures markets...
http://www.zerohedge.com/news/2013-05-20/gold-and-silver-inv...
Are we going through a paradigm shift?
This is an older article but worth reading.
"The biggest problem for investors today in trying to forecast the future price of silver is the enormous amount of contradictory analysis on the Internet. There are bulls, bears, paper traders, physical buyers, technical analysts, hedge funds, commercial banks and silver manufacturers all trying to play a part in this highly volatile silver market. Trying to sift through the huge volumes of silver analysis on the internet can be extremely frustrating. In addition, some of this information is not meant to inform, but rather to confuse or mislead the investor."
http://www.financialsense.com/contributors/steve-angelo/the-...
Gold standard: because man can not be trusted to control his greed
Wanna know why silver collapsed over $2 last night in 4 mins?
This is why....per silverdoctors.com
Yup, a truly fair and freely traded market.
"Wondering why the $2.30 plunge in silver overnight took 4 minutes for the algos to execute? 4 consecutive 20 second trading halts per the CME:
*SILVER TRADING WAS HALTED FOUR TIMES OVERNIGHT, CME GROUP SAYS
*SILVER TRADING WAS STOPPED FOUR TIMES IN 20-SECOND HALTS
*SILVER TRADING WAS HALTED IN `STOP-LOGIC EVENTS’, CME SAYS"
Bear market?
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries...
Oh how I wonder, oh how I worry
And I would dearly like to know
How all this squander of earthly plunder
will leave us anything to show
Don't know why you are downvoted
He said something like: "If this is a bear market then what does a bull market look like?" and that is a good question indeed.
Ugh, processing times are
Ugh, processing times are going to sky rocket. Already taken 6 weeks for provident to fill an order.
Southern Agrarian
Going out of business sale! Everything must go! No money down!
Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul ☑
Positively Awesome!
Ag 23ish... 22ish ... 21ish...
Positively Awesome!
Goodness, I'd looove gold to follow silver's plunge as fast and steady if only for 6 more months, that's all I ask. Just six more months, uncle Ben, pleeeaaase, print your stuff! Let yourself go wild! Bring that Au below 900/oz, darn it!
Meanwhile, is the GDP skyrocketting as one in the stocks would expect for good omen to buy more and sell their PMs?
Oooops!!!
Not quite. Arrgghh. Dang!
My name's pronounced like "see real". Its root is "Lord".
"The demand of a great people is always at the scale of its most serious misfortunes." --De Gaulle
http://Laissez-Faire.Me/Liberty
Just as I have said for a
Just as I have said for a couple of years, if price violates the 2008 high then it will likely go much lower. It has now clearly done so, and I expect it will likely not bottom until somewhere in single digit territory. Its beginning to look more and more that the recovery is taking hold, and once consumers begin "printing" money (expanding credit, just as the Fed is doing now) then the Fed will slow/cease "printing" money. The wild card for the longer term is whether consumers will continue to expand the money supply in the face of rising interest rates...
All in all, it ain't lookin good for metals right now and in the medium term...
Metals, 5 years of no price gain for "buy and hold" investors, 5 years of unhedged inflation. Makes one wish they'd sold at $50...
Its a Long Way to the Top...
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"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence
says the guy who said "BUY"
says the guy who said "BUY" at silver 22.50 or so. lmao. OH, and said he would buy all the silver he could stand at 2.00 an ounce in 2009.
Oh how I wonder, oh how I worry
And I would dearly like to know
How all this squander of earthly plunder
will leave us anything to show
You're a little confused,
You're a little confused, price was at $22.50 when I said:
SILVER SALE!!!SILVER
Submitted by TxRedneck on Wed, 05/15/2013 - 20:05. Permalink
SILVER SALE!!!
SILVER SALE
Silver Sale
silver sale
sale
sale sell
sell
sell silver
Sell Silver
SELL SILVER
SELL SILVER!!!
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"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence
You are a little Schizoid
This also fits in when you told everyone you were going buy silver at 2.00 an ounce in 2009. Then all the times silver was going back up to 45.00 then down, now you are saying you will have to look at it at 17.00.... lmao...
Submitted by TxRedneck on Mon, 04/15/2013 - 08:55. Permalink
BUY!!!
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"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence
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reply
Vote up!
+2
Vote down!
not just yet.... :)
Submitted by SIERRAHPBT on Mon, 04/15/2013 - 11:55. Permalink
not just yet.... :)
Oh how I wonder, oh how I worry
And I would dearly like to know
How all this squander of earthly plunder
will leave us anything to show
No Tex
Last year, when silver hit around $26....you said, "silver to $50 by July 4th."
I brought that up, and you said, "actually you're right...I did say that, but the qualifier was that I thought it needed to hit 24.50 first."
So, here we go.....$4 under your target, and you're now saying it'll plunge.
Totally inconsistent.
At least we stick with our long term forecasts.
Still do.
HKMEx(Hong Kong Metals Exchange) just defaulted.....because they have no phyzz to deliver. They have no phyzz to deliver because the epic, ridiculous amounts of tonnage being ordered by China and India....CANNOT POSSIBLY BE SUPPLIED at these candyland prices....
This is the first of many many metals exchange defaults to come. This was a newbie exchange...so as TF said, "it's a 2.5 on the Richter Scale". When the Comex or LBMA goes down....it'll register a 10.
Anyone who is trading here, trading anything here....is picking up nickels in front of an oncoming steamroller.
Submitted by TxRedneck on
Submitted by TxRedneck on Thu, 02/21/2013 - 15:20. Permalink
"..As stated many times before, a breach of the Mar 2008 high of around $21.40 would suggest much lower prices. But I'm not betting on that..."
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It appears that Silver price
Submitted by TxRedneck on Tue, 07/03/2012 - 11:25. Permalink
"...Price then should continue its path on down to what I expect to be the bottom of this 1+ year decline, at around $24.20. Again, violating the 2008 high around $21.35, (depending on data source) would negate this outlook and be further bearish for Silver Price. I continue, until and unless the 2008 high is breached, to expect silver to resume its bull market trend back to new highs above $50. The area of $24.20 will be critical area..."
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Vote down!
I've told you several times
Submitted by TxRedneck on Mon, 01/09/2012 - 11:14. Permalink
"...Since June I've stated that I think silver has another high (with an alternate scenario if price drops below the 2008 high)..."
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There are several others (and several that have been deleted) where I have CLEALY stated, all the way back to August 2011, that if silver price violated the 2008 highs that my outlook would change on silver price.
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"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence
You got one part right, friend
You got one part right, friend: you didn't bet on it.
The reason why you didn't bet on it, was because you recognized the likelihood was infinitesimal.
Charts no longer mean anything. At all. Because the banks aren't even trying to hide the rigging anymore. They're buying everything people are throwing at them. As of last Tuesday, the banks were only net short in gold and silver 1.2 to 1. That's the least short they've ever been, on record. Ever. Banks are buying. They're not selling. Their algos that simultaneously make and cancel sell orders are so quick, they trip the sell stops of longs going down....over and over again.
Shanghai imported more than 300 tonnes of gold in March....and yet this month they've only imported 1.4 tonnes. Why?
Why did the HKMex just default on physical delivery, cash settle, and close down ALL trading?
Because there is NO GOLD to deliver in size with a 13 or 14 handle. None.
This is rapidly beginning to happen in silver too.
Charts and TA mean nothing, because the inmates run the asylum.
I didn't bet on it???
I didn't bet on it???
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SILVER SALE!!!SILVER
Submitted by TxRedneck on Wed, 05/15/2013 - 20:05. Permalink
SILVER SALE!!!
SILVER SALE
Silver Sale
silver sale
sale
sale sell
sell
sell silver
Sell Silver
SELL SILVER
SELL SILVER!!!
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"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence
bad time to sell today.
bad time to sell today.
Oh how I wonder, oh how I worry
And I would dearly like to know
How all this squander of earthly plunder
will leave us anything to show
No....
"..As stated many times before, a breach of the Mar 2008 high of around $21.40 would suggest much lower prices. BUT I'M NOT BETTING ON THAT..."
I mean 18 months ago, when you called for $50 by July 4th. You weren't betting on it, because the likelihood was very low.
That post you just referred to, was just trying to rub salt in wounds, rather than to help or educate.
Class act.
Yes, in February I was not
Yes, in February I was not betting on that. In May I was and I did, because it looked like it would and it has.
I started off posting on this thread quite cordially, to educate. It is the reception I received from such that I return.
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"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence
But look at the top post
We both agree paper has fallen.....but you must open your eyes to see why.
HKMex, founded by Nathaniel Rothschild(with huge resources behind it)....is down for the count....because they HAVE NO GOLD TO DELIVER. Why should that EVER happen when price is the mechanism that can fix anything, right?
Shanghai can't get any gold they're ordering. Only 10% OF INDIA's GOLD ORDERS ARE BEING FILLED.
Why?
The reason why the metals bears can't answer this, is because they think that these political metals aren't rigged or managed, just like LIBOR was.
I don't trade in "why's", I
I don't trade in "why's", I trade charts. Price follows future expectations, not current events. Right now the price is predicting falling demand, in the future.
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"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence
"Right now the price is
"Right now the price is predicting falling demand, in the future."
In a free market that should definitely happen, and the chart should give you the why.
When the chart is as real as a "satellite conversation" with Nancy Grace and her CNN correspondent in the same parking lot...
The telegraph signal you're following will lead you astray here, friend.