355 votes

>Gold $1,315 Silver $20.95 Platinum $1,485 Palladium $875 Dollar 80.55

............♘ 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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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

Hmmm, makes ya think

I always find it unusual when PM's rally during UK time and crash during the morning of US time, seen this on multiple occasions, and doesn't really make sense to me. Call me crazy!

“In a time of universal deceit, telling the truth is a revolutionary act.”
"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

16th banker dies in kite surfing accident, this one just 39 y/o.

Goldman Managing Director Found Dead In Apparent Kite Surfing Accident
7-21-14

Police are still investigating the tragic death of 39-year-old Goldman Sachs Managing Director Nicholas Valtz this weekend. As Bloomberg reports, Valtz, a "novice kiteboarder," was found dead yesterday by family members who went searching for him after he didn’t return from a kiteboarding outing. While there is no accusation of suicide in this case, it sadly brings the number of young financial services executives deaths to 16 this year.
http://www.zerohedge.com/news/2014-07-21/goldman-managing-di...

Time to sell (or hedge) again...

After a 14 month consolidation of prices in precious metals, for which I have been flat all but a few of those months and all of the last 8 months, prices are getting ready to break to the downside. The decline may have already begun this week, but there is a reasonable chance we could see moderately higher highs, and I am wiling to allow for them, but heavy selling could begin at any time and I don't want to miss the opportunity to re-enter above where I covered late last year.

As noted by Steve Hochberg at EWI (www.elliottwave.com), just over a month ago, the large speculators in silver were net short for the first time in 11 years, but by last week had moved to a larger net long position than they had even at the April 2011 highs. And all that buying only boosted silver prices a couple of bucks or so. Similarly, the commercials went from one of their lowest net short positions to a substantial short position over the same time period. They are not positioning themselves for some monster rally like some have been telling you. This is very bearish omen. Even if gold goes to $1400 and silver to $23 (at time of post, gold is around $1310 and silver around $20.90), it won't change my view and will only give me higher prices to sell from, so save the "LOL"'s if it happens.

I don't expect the loudmouths (or the silent downvoters) of this thread to listen or benefit in any way from this post, and I will probably have to refer to it dozens of times to correct their misrepresentations about what I expected to happen, but there may be some lurkers who have paid attention to who has been largely correct and who has been dead wrong about everything, who may be flexible enough and open-minded enough to ajust their portfolios to allow themselves to benefit from what is probable.

DJP333's picture

Then there's Russia, crankin out the silver

http://www.kitco.com/news/2014-07-18/Worlds-Largest-Silver-P...

“In a time of universal deceit, telling the truth is a revolutionary act.”
"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

What the heck just happened??


“In a time of universal deceit, telling the truth is a revolutionary act.”
"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."

Not sure. Look for something similar in these 9 photos.

These photos are all of things that our U.S. government proclaims, "do not exist!" The stories you are oft told about them are true. The names and their images may have been changed to protect the guilty.

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

Brother John shows that things are changing in the silver market

everyone is going long and he is wondering if they will demand physical at the end of the contract. He is saying $100 silver is possible. http://www.youtube.com/watch?v=fcNmFZboAnc

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

DJP333's picture

Good analysis

and interesting theory on the banker suicides.

“In a time of universal deceit, telling the truth is a revolutionary act.”
"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 company CYNK

I thought was really interesting! A company worth $6B only has 1 employee and assest of $39.00, surely this is a pump and dump scam happening right before our eyes.

Brother John points the finger directly at the FED and their banker buddies!

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

DJP333's picture

China: Second largest producers of silver in the world

http://www.kitco.com/news/2014-07-15/Worlds-Largest-Silver-P...

“In a time of universal deceit, telling the truth is a revolutionary act.”
"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

Peru: 3rd largest producer of silver in the world


http://www.kitco.com/news/2014-07-16/Worlds-Largest-Silver-P...

“In a time of universal deceit, telling the truth is a revolutionary act.”
"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

Next up: Australia!

http://www.kitco.com/news/2014-07-17/Worlds-Largest-Silver-P...

“In a time of universal deceit, telling the truth is a revolutionary act.”
"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

Maybe this is the reason

for the beat down in PMs recently, there may not be much time left for the FED and Wall Street to keep propping up US equities and the Dollar OR the Chinese and Russians are gaming the COMEX to continue to stack PMs at low prices:

BRICS Announce $100 Billion Reserve To Bypass Fed, Developed World Central Banks

As Putin explains, this is part of "a system of measures that would help prevent the harassment of countries that do not agree with some foreign policy decisions made by the United States and their allies." Initial capital for the BRICS Bank will be $50 Billion - paid in equal share among the 5 members (with a contingent reserve up to $100 Billion) and will see India as the first President. The BRICS Bank will be based in Shanghai and chaired by Russia. Simply put, as Sovereign Man's Simon Black warns, "when you see this happen, you’ll know it’s game over for the dollar.... I give it 2-3 years."

http://www.zerohedge.com/news/2014-07-15/brics-announce-100-...

“In a time of universal deceit, telling the truth is a revolutionary act.”
"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."

Another beat down...

Another beat down...

Southern Agrarian

DJP333's picture

Mexico silver mines, some of the largest in the world

http://www.kitco.com/news/2014-07-14/Worlds-Largest-Silver-P...

“In a time of universal deceit, telling the truth is a revolutionary act.”
"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."

damn

$23 beat down

Southern Agrarian

Buy Buy

Buy

DJP333's picture

FreedomFest 2014

Some good, short, videos and discussions regarding gold and the markets at FreedomFest 2014 going on right now. Here are a few:

Accumulate Gold, Not Invest In It: John Browne
http://www.kitco.com/news/video/show/FreedomFest-2014/725/20...

Gold Manipulation Allegations 'Ridiculous' - Doug Casey
http://www.kitco.com/news/video/show/FreedomFest-2014/722/20...

Nothing Else Works But A Gold Standard: Steve Forbes
www.kitco.com/news/video/show/FreedomFest-2014/718/2014-07-1...

If You're Not In Gold, You Better Get In: Ben Johnson
http://www.kitco.com/news/video/show/FreedomFest-2014/719/20...

A Case For A Gold Standard: Cato President
http://www.kitco.com/news/video/show/FreedomFest-2014/724/20...

“In a time of universal deceit, telling the truth is a revolutionary act.”
"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

JP Morgan Banker kills wife, self.

JP Morgan Banks kill wife, self.
Sad stuff, three teenagers now without parents.
List of previous deaths here also:
http://www.zerohedge.com/news/2014-07-10/banker-suicides-ret...

no surprise

It should be no surprise to anyone that gold and silver continue to rally (up this morning 1% and 2% respectively) to multi-month highs. After all, sierra told us two weeks ago that they had topped and would decline into mid-august!
http://www.dailypaul.com/comment/3436650
"Submitted by SIERRAHPBT on Sun, 06/29/2014 - 13:16. Permalink
Silver and gold have topped, now to hit summer doldrums. Gold and silver will now go down until the 2nd to 3rd week in August. At that point I am looking for another advance like we had in 2011."

bwahaha, look at gold and silver go down, just like sierra said they would!!!!

bwahahahahaaaaa all you need

bwahahahahaaaaa all you need is to watch for not for real to speak and wham! the opposite happens. Gold down 25.00 and silver down .43. The COT's foretold this.
Still looking for silver to go back to the 18 range. summer doldrums set in and then look for next bull leg to start up in late August or early September.

you got it backwards, as usual

First of all, the post you replied to is 4 days old, so what's with the "wham!"?

Second of all, the post you replied to said absolutely nothing about what I expected gold and silver to do over the near term. So how could "the opposite" have happened? What is the opposite of nothing?

Third of all, all I did was note that YOU had concluded gold and silver had topped back on june 29th, only for gold and silver to continue rallying for two more weeks, extending again your perfect record of being dead wrong, which you have had going for over 3 years now. I didn't say anything the first couple of days because I didn't want to nit pick, but after nearly two full weeks of trading I felt it was fair to point out your latest failed prediction.

Show me one market-related prediction you have made in the last 3 years which actually happened. Get your down-voting buddies to help you find one. You are the best contrarian indicator I have ever seen.

Ron Paul, Sierra, Ron Paul, Sierra... hmm....

it's a no brainer.

When did common sense become a super power?

Above $1340 and bouncing a bit

Interesting morning so far. Gold seems to be trending up yet again with bad news.

DJP333's picture

Indeed!

People are realizing Europe is a mess....

http://www.zerohedge.com/news/2014-07-10/futures-tumble-bund...

“In a time of universal deceit, telling the truth is a revolutionary act.”
"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."

Portugal

Portugal

Southern Agrarian

I miss the days of 2012 and

I miss the days of 2012 and 2013 where every new Au/Ag plunge we rushed to our dealers to buy. Now we wait around for bad news to check kitco and see how much Gold has risen!

Southern Agrarian