353 votes

>Gold $1,285 Silver $19.35 Platinum $1,405 Palladium $775 Dollar 79.90

............♘ 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
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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I'm a bit player

But made my biggest silver purchase to date this week, even though I couldn't really afford it comfortably. At least it's not leveraged, but I could hardly skip it, considering that it's still on sale.

On the bright side, it's all physical, and I had a nice chat with the local coin dealer about the proper way to store my little stash when I made a crack about needing a pirate chest to keep my loot in. Lots of tips this time, I guess they're starting to recognize me- and sometimes the relationship is worth more than the product, so I'll take that as a win.

Also, this dealer has always had peace dollars in stock- until Thursday. They were all gone, and I had to get some more Walking Liberties. Ah well, at least I like them. Guess the mint does as well, since they use the same die on the eagles.

Sooner or later, it'll be worth the sacrifice today. I am still beating myself daily for not actually buying $300/oz gold when I first became interested in this.

Aut Invenium Viam Aut Faciam.

Mind sharing?

the tidbits of info on proper storage? it's been one thing I've been mulling over and over again. where to store .. do you purchase a safe? where do you put it? should you buy a sacrificial safe as well? should you bury it? where to bury it? what about metal detectors? hide it all over your house in small denominations of the total supply? ... lots to ponder... i've pretty much resigned to buying more and more everything month


Keep in mind, they're just tidbits.

The dealer advised me not to keep the silver in metal boxes, or in leather. In the first case, it causes tarnishing through galvanic reaction (if the coin is touching the metal) and in the second, the tannin in the leather causes corrosion.

Also got a little demonstration on how to properly load a silver eagle into an airtight holder, as I had dropped one and cracked the case it came in.

For me, I feel secure enough with a regular keyed fire safe, but I am in a low crime area. A fire safe doesn't necessarily make a criminal drool, as the main point of it is to protect documents. If you're very nervous, you could hide it in the walls or floors. I don't know much about metal detectors, but if they just detect "metal" and are not specific about the kind detected, then the wet wall (where the sink is) in your bathroom is a good choice, since all the plumbing is there.

Overall, I haven't given it that much thought or worry, as what I've got is worth about two weeks pay right now. Real money to me, but not enough that it is the difference between life and death.

Aut Invenium Viam Aut Faciam.

All I can say to your post is..

Do not allow others to keep it for you, take delivery, and put it away yourself.

Nice post

Couldn't agree more at this point. I have a few silver call options and a WTI crude call out. I think $39.50-$40 silver could happen next week.

"The sinews of war are infinite money" ~ Marcus Tullius Cicero

fireant's picture

It does look juicy

Been doing some shopping.

Undo what Wilson did

Love juicy moves myself

of course, anything can happen at anytime, but she looks poised.

To those wondering which ETF's, take a look at SLV, PSLV, AGQ, and DBS... the charts are pretty much all identical .. though PSLV doesn't trade in options. SLV is the most liquid and affordable imo though if you can afford, AGQ can be a wild ride.

Want to see GREEDisBAD,

Want to see GREEDisBAD, redneck and ron all in the same place?!

Scroll down to the fourth picture.



You and I see what is coming.

You and I see what is coming. I think Greed, Ron and TEX do to.. they just think it will come in a different way. WE ARE ALL RON PAUL SUPPORTERS. Yes we give each other hell in here, But I do not want to see any of these guys or their families hurting. To be real honest I hope they are right.
It will be much easier to deal with deflation then it will be to deal with a hyperinflationary crack up. I hope all see that we need to prepare for BOTH scenarios..

Now back to giving each other grief!


You wrote, "It will be much easier to deal with deflation then it will be to deal with a hyperinflationary crack up."

government of the people, by the people, for the people

Sorry GREED.

I've been trying to see your side of things, but you can go ahead and haul your troll ass back under the bridge it came from.

Stop biting the hands of those who are attempting to understand your irrational views.

Aut Invenium Viam Aut Faciam.

Say Greed... instead of

Say Greed... instead of another drive by post why don't you explain why?

yawnnnnnn... what ever you

yawnnnnnn... what ever you say greed... what ever you say.

They keep saying

that the FED is out of bullets and crap, but I don't believe it. I think they have plenty up their sleeve. They're not stupid, they won't let everything come tumbling down overnight. It would show the world what a failure the central bank is.

I'm suspecting they will get everything in place to be a flick of the switch and then we go from serfs to global slaves to the bank state and change the world name to Rothchild-Chase

Commerce with all nations, alliance with none, should be our motto. - T. Jefferson rЭVO˩ution

"Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.” - BASTIAT

Lets get a pool going.

I think it would be fun to get a small pool going on the month, week, or day, QE3 is announced. Shotgun end of August!

"A living Constitution is a dead one" -Ron Paul


...whatver happened to the pool on when silver would surpass it's all time high? Who won that again? (hehehe)

...I agree...

...If you would not recognize a TREND if it slapped you in the face and then kicked you in the ass...lol

Do you see the Silver TREND?...or are you only able to see it through a Day Traders eyes.

RON2012PAUL...The r3VOLution continues...
"I always win"
+GOLD and SILVER are money+


I just added this to my collection of posts from this thread which I recently started.

(I presume the word "If" was placed in there by mistake and you meant to say simply "You would not recognize a TREND if it slapped you in the face and then kicked you in the ass...lol")

Anyway, I'm glad that you are so confident about the trend a decade into it, but recognizing a change in trend is also kind of important.


You are seriously retarded if

You are seriously retarded if you think that it will not be surpassing it's 1980 high shortly.

I don't feel bad for you anymore.

That is called

an ad hominem attack, the last resort (and often the first resort) of someone who is wrong, LOL.

So when will it break?

Gold has closed to double its

Gold has come close to doubling its 1980 high so why wouldn't silver? Explain this.


I think you are looking at it from the wrong angle. When did gold surpass it's 1980 high? Like 3 and 1/2 years or so ago? Yet silver STILL has not confirmed. This is an intermarket divergence, and it is bearish IMO. It is amazing how close it came to making a new nominal high, but I think the bulls used up to much fuel on that failed attempt to push through.

If all of you guys are right about hyperinflation, silver should be leading the way. It should have broken it's all time high a long time ago. As strong as it has been the last 9 months, it has only been playing catch up and STILL failed to achieve a new all-time high, not even in 2011 dollars. In 1980 dollars, it it nowhere near the all-time high.

Let me ask you this...How could the fundamentals be any better? Is there any silver trader/investor who is not aware of the fundamentals? And this is all silver could do?

Wait, don't tell me. It's the most manipulated market in the world. So why trade it at all, if they are not going to let it reach its true market price? Wait, don't tell me. Because gensler and the cftc, acting under the directive of the frank-dodd bill, are going to put a stop to all the manipulation. Okay.


Ron, you are claiming that

Ron, you are claiming that gold has outperformed silver and that this is a bearish sign for the white metal. Consider this- gold has rallied from roughly $250 an ounce to a high of $1,540. This is about 515%. Silver has gone from $4.30 an ounce to a high of $49 an ounce, an increase of 1,040%. Even if you take the current price of $38, that is still a 780% increase.

Now tell me, which metal has performed better during this bull market? Silver is not playing "catch up". It was more undervalued going into the bull market, and has doubled the performance of gold since the late 90's.

So silver bounced off its only remaining resistance point at $50 after staging a ridiculously fast and overbought rally for the previous 6 months. Big deal. I really don't understand why you are considering $50 to be such an important level anyway, since that is at least $130 in 2011 dollars.

Can't wait to hear your excuse when silver is $60 an ounce.

"The sinews of war are infinite money" ~ Marcus Tullius Cicero


You have mischaracterized my post. Please read it again. Nothing I said was contrary to the facts in your first paragraph. Are you capable of distinguishing between the relative performance of the last ten years or so, and the performance relative to the 1980 peaks?

I am not talking about silver vs gold since the late 90's. I am talking about the divergence between gold and silver since gold broke its 1980 high 3+ years ago. As beardeus said, gold has nearly doubled its old record high from 1980 (in nominal terms at least), and silver is currently more than 20% below its corresponding high from 1980, without ever having broken it. So RELATIVE TO THE 1980 PEAKS in each metal, gold HAS indeed outperformed silver, and anybody who cannot see that is not worth talking to.

The fact that 2011 dollars are worth considerably less than 1980 dollars makes my case even stronger, not weaker. If hyperinflation is so close and such a lock, silver -the higher beta metal- should be well above its record high not just in 2011 dollars, but even in 1980 dollars, but it is not. Not only that, but it should be exceeding those peaks by a greater percentage than gold has. This is important, but you guys just don't want to hear it.

Again, when looking at each metal RELATIVE TO THEIR 1980 PEAKS, SILVER HAS INDEED BEEN PLAYING CATCH UP WITH GOLD. Can you really not see this? Yes, silver has outperformed gold in the last 9 months and even the last ten years, but it has NOT outperformed gold relative to their respective 1980 peaks!

...are you a Day Trader?

...you sure talk and think like one.

Which is awesome because that just means more physical Silver for those of us who understand what the FK is happening...so yea, thanks.

RON2012PAUL...The r3VOLution continues...
"I always win"
+GOLD and SILVER are money+

Say what ever happened to

all of the Anti-Pauls trolling this website losing their screenname privilege?

"A living Constitution is a dead one" -Ron Paul

yea who?

yea who?

The CONgress knows it. The

The CONgress knows it. The Senate knows it. The Federal reseve knows it. Most of the rest of the WORLD knows it. QUESTION IS... DO YOU KNOW IT?


Important video that I

picked up on Harvey Organ yesterday.


"Necessity is the plea for every infringement of human freedom. It is argument of tyrants. It is the creed of slaves." William Pitt in the House of Commons November 18, 1783
"I have one word for you...predator drones. Oh, you think I'm kidding?" Obombya

fireant's picture


Just put the truth out there and let it do it's thing.

Undo what Wilson did