355 votes

>Gold $1,308 Silver $20.75 Platinum $1,474 Palladium $877 Dollar 81.04

............♘ 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
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 19,000 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.

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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Once the reverse stampede starts, how do you get out physical

There are many huge price targets tossed around. 100, 200, silver:gold = 1:1, OMG. People don't realize even these number hit, they hit in a huge spike. Most will not able to sell and become bag holders. You certainly make more money in short than long. How many weeks it takes silver to go from 32 to 50? ten? How many weeks from 50 to 32? One!

fireant's picture

Think longer term, like 20 to 50 years.

At some point this monetary crisis will be of the past. Technical and industrial properties of silver will be the driving force (technology isn't going to back off). Supply will be thin unless some new huge discovery is made. Prices will stay up.
In the meantime though, when it comes time to start selling, a little at a time is probably the wisest way to go, just like buying. That time is different for every one. I will try to never sell mine, keeping it as insurance, or to pass along to my children.

Undo what Wilson did



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.

Insurance is OK but beyond insurance it is speculation

First of all I am a speculator and I have nothing against speculation.

But precious metal is not an investment, because it doesn't generate cash flow like stocks, bonds, and real estate. Even Cash generates cash flow until recently.

For speculation having an exit strategy is the most important thing to make money. I have hard time to agree with people who want to hold this thing forever.

lol... you don't get it

go back and read all the info this post has to offer and
then understand the endgame...metals will be the only thing that preserve your wealth.

Humility is the cornerstone of a Warriors Strength.

There is no end game

What is the worst you can imagine? US goes bankrupt? countries go bankrupt all time is it anything new?
Actually US went bankrupt in 1933 and 1971, was it end game?
Sure dollar could be cut in half but then what?

fireant's picture

You're either hopelessly lost...

...or just a low paid troll.

Undo what Wilson did


What I said wasn't true?

I really don't understand how come I was called a super gold bug at liberal economics websites and become hopelessly lost here?



Fire the problem is this. If

Fire the problem is this. If you listened to this interview the Lady told you to pull all your money out of the electronic system and put it into metals and other things. When this stampede starts its to late for those who thought they were going to buy silver at much lower prices. You had better buy all you can right now. There is not enough silver ounces for 1 billion people to buy let alone 7 billion. This is what this is all about. The elite crooks stealing the silver and gold from over 150,000 MF Global clients. This is going to happen with 401k's and everything. Where are these people going to put their money?

fireant's picture

Of course I listened, and she's right.

All paper markets are filled with risk. Even if you win big going short, you run the risk of not getting paid, be it an inverse etf or a put.
MF likely won't be the last shoe to drop; more such failures will follow, and confidence will erode further.
The potential gains in being on the right side of the market, however, are so substantial that there is a calcuable risk to play.
Ann is smart, and way ahead of the game. She was a small broker, but she obviously packs a loud punch. Her warning is valid. If you are a buyer and holder of equities, now may be a good time to get out. If you are a trader, however, volatility is what you live for.

Undo what Wilson did

I also

think that we may see one more take down and then its off to the races for good. With this interview I don't know how that
could not happen sooner if this went viral though and people took the time to listen.

Humility is the cornerstone of a Warriors Strength.

fireant's picture

She is definitely having an impact.

Being a single voice though, makes it easy to apply the "alarmist" label. Once another MF goes down, or a larger broker shuts down, she gets more cred, and the unwinding will pick up pace.

Undo what Wilson did

The CME Group and JPM are

The CME Group and JPM are crooks. CME Group is responcible for all those accounts. This was done to keep precious metals in check. This is a financial 911. If not for this silver would be up over 50.00 today.

I agree

This is just unbelievable that nobody has picked up on this.
This interview blew me away hearing what we "silver & gold bugs" have been anticipating for sometime.
This is so HUGE..
Thanks for the continued Butler stuff by the way.

Humility is the cornerstone of a Warriors Strength.

great post by the way. I'm

great post by the way. I'm listening now.


I sent this on to Silver Docs as well so hopefully he will post it later today and this interview can go more viral.

Humility is the cornerstone of a Warriors Strength.

Dreaming, Make this a whole

Make this a whole separate thread here on the DP. everyone must listen to this.

I already have

It hasn't taken off yet though.

Humility is the cornerstone of a Warriors Strength.

SteveMT's picture

$1B gold purchase by Bank of Korea

Bank of Korea Increases Gold Reserves by Massive Nearly $1 Billion or 39% in November Alone
by Tyler Durden on 12/02/2011 08:23 -0500

"According to the Bank of Korea (BOK), it made a purchase of 15 tons of gold last month to increase the nation’s gold reserves to 54.4 tons worth $2.17 billion as of the end of November."


hopefully they took delivery.

hopefully they took delivery. Hopefully its not in New York or London.

Coeur would mull holding silver over cash, says CEO

"TORONTO – Idaho-based Coeur d’Alene Mines would at a future point consider holding some of its reserves in silver, as an alternative to keeping all of its money in the bank, CEO Mitchell Krebs told Mining Weekly Online on Wednesday."


My silver purchase is up

about $400.00 and it has'nt even arived in the mail.Here's something to spend profits on someday http://youtu.be/TphFUYRAx_c

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.

SteveMT's picture

Morning bump, before the market opening.

Metals are responding to the printing presses.

repeat after me-- dollar



sounds way high

We've got a new slogan for deflationists. Deflationists: Wrong

We've got a new slogan for deflationists. Deflationists: Wrong Since the Advent of Fiat Currency.

It's been the never-ending, battle royale of the economic world ever since the looming end to this financial system became starkly clear in 2008. Will the western governments, almost all completely incapable of paying the gargantuan debts enabled by democracy, central banking and fiat currency, allow the system to collapse (deflation) or worm their way out of it via inflation, until we live in a hyperinflationary apocalypse?

We've always stated the same thing and continue to state it. Deflation IS possible but highly unlikely in a system where a man who goes by the moniker, "Helicopter Ben", can print unlimited amounts of currency units to keep the anti-capitalist western monetary system limping along for just a little while longer... just long enough for a bunch of thieves and murderers with names like Obama, Sarkozy, Merkel and others to get out of dodge before the collapse.

The deflationists have now been wrong, at least in the US, since 1938. That was the last time there was actual deflation. Our chart of the US True Money Supply dating back to 1959 show that only for fleeting moments is there any hint of that line going south.


Only a matter of time now.

The US Federal Reserve has fooled a lot of people into believing that the grand monetary pump and debt monetization project has been put on hold. The only thing that changed was their talking publicly about it. The money press has been working to the limit, never stopped. The discussion has been kept quiet, but the machinery still makes a lot of shrill noise. The proof is not movement of lips by central bankers, but the data from the monetary aggregate. The data is compelling in calling them out. The conclusion to reach is that Quantitative Easing has become the norm, the foundation policy, the emergency action to prevent implosion of the US banking system. Hyper monetary inflation is the New Normal. The sinkholes are so broad and dispersed that even run of the mill analysts are beginning to see the light. They are concluding more and more than the credit-based system is collapsing. Never does the Jackass rely upon central bankers to inform of events, policies, and actions. They have been dedicated lately to deceptions much like turning off smoke alarms, killing the electricity on fire station monitors, laying off the working firemen, and hoping the public does not notice the raging fires which have been accompanied by grand larceny looting to hide the flames.