356 votes

>Gold $1,275 Silver $19.40 Platinum $1,415 Palladium $875 Dollar 82.15

............♘ 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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Ron... I'll tell ya what.

Ron... I'll tell ya what. Every post you make just goes to show how clueless you really are. You don't see what is coming. We will see how big your mouth is by the end of this year. What you don't know is I bought silver at 5.00
Now do some math. 4 1000 face bags at 3.75 an ounce in 1992. 76 bags of 1000 face in 2003 at 5.00 an ounce. figure how many ounces that is. Now with the money I made this spring it is sitting in cash waiting for the next upleg. I built a good base to take advantage of the true parabolic move yet to come. I still urge people to buy.. ask yourself a question. Why would JPM want to get their hands on 40 million ounces of physical silver if its going to the teens like you say? You do not have a clue when it comes to silver. Keep churping tho. You told everyone when silver was at 30.00 it was going down to low teens.. WRONG. it went to 40.00 You told everyone to short silver at 37.00
WRONG it went to 50.00. You will be wrong again.

anyone with half a brain who looks at this market in detail knows you are full of it. Wtith this sell off, please show me ANY supply /demand fundamentals that changed? Silver eagle sales are still off the charts. Turkey just imported 27.6 tons or something close to that of silver. Demand has not decreased. The price should be multiples of where it is now. You can beat on your chest all you want right now over a manipulated sell off. The FACTS speak for themselves to all who look into them.

That's a lot freaking silver.

That's a lot freaking silver. I am peanuts comparatively.

For the record...

I NEVER told anybody to SHORT silver at any time. Telling people on this thread to short anything would be like giving a child a bucket of gasoline and a book of matches. What I did tell people was that the uptrend would not last forever and we were due for a sizeable sell-off, and therefore it was a good time to take profits by lightening up on longs or by hedging.

I never ruled out the possibility that the rally could continue higher, as it did. In fact, I repeatedly allowed for the possibility if the weekly trendline resistance I had been referencing was taken out for more than a few days, as it eventually was.

Anybody who read my posts carefully (e.g., NOT YOU) would have recognized that the condition I described for a continued rally had been met and that a further rally was possible even in my view. But still, it was late in the game and the blow-off only postponed the decline I was calling for, which will now be worse because of the recklessness of the bulls.

My warnings were early from a maximum profit point of view, but only time will tell if I was wrong that a major peak was approaching which would be followed by a long and deep sell-off. That prospect is looking better all the time.

you said the "continued rally

you said the "continued rally was over at 31.00.. go read your post. It dipped to 26.40 then went all the way to 50.00
or since you are so anal about exact price, 49.85 intraday high. PS.. your prospect is wrong. and look terrible all the time. As I have said its all in the COT's. The Comex is still bleeding physical metal and you think were going to see a silver price in the teens? Well lets correct this.. You may see a spot paper price of silver in the teens but you will never see physical silver in the teens. So which price are you quoting? I I would have followed your advice at 30.00 I would not have went long with my May 38.00 calls and would not have made the money I did. I do admit to buying July 45's and not selling them but then as the price started to fall I bought insurance with 38.00 May puts and sold them at 33.00 which more then made up for my 45's which may expire worthless. But thats fine. I turned 17,500.00 into a nice stash of cash sitting in my options account waiting to get back in on their money. I would really like to know WHY you think we are headed for a long deep sell-off the same BS you were spouting off about when silver was getting to frothy in your words when silver was at 31.00. Only to have a small correction and bolt to 50.00.

If I was so wrong then why am I sitting on a huge tax bill?

Whoa, wait a second...

When you say:

"but then as the price started to fall I bought insurance with 38.00 May puts and sold them at 33.00" you are talking about options on COMEX Futures, correct?

Just one problem, and it's a biggie...after "the price started to fall", all MAY puts (regardless of strike price) expired on April 26th when prices were still in the mid-40's, so how in the hell did you buy 38.00 May puts and sell them at 33.00? (and can you stick to a consistent format please? I'm guessing that 38.00 is the strike price of the MAY options you CLAIM to have bought after prices started to fall, and that 33.00 was the price silver was trading at when you CLAIM to have sold your options (right near the low, even though at the time you were posting how they would jam it down to $25-$28)

Either you have your months mixed up and meant july puts(which doesn't exactly add to your credibility), or you are full of crap.

And you already revised this post at least once since this afternoon when I read it the first time but was on my way out the door.

I can't believe what the other participants of this thread let you get away with. One would think they would be pissed at you for not telling them you were supposedly selling your calls up there at $47. They don't even ask you why you didn't let them know?

Anyone who has not caught on

Anyone who has not caught on to the fact that our little buddy is a fraud is simply not paying attention or has succumbed to willful ignorance. Just sit back and watch him implode.

LMAO... ok..

LMAO... ok..

Great post, +1

Great post, +1

"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence

hey there mr. dollar bull..

hey there mr. dollar bull.. what is going on with that dollar.. you that piece of government trash with a dishonest government promise? Why in the world is the dollar dying with all the strife in the world? What was it dow today? back in 73's? You better send the dollar some viagra. It needs some serious help.

57,200 oz.?

And you never told everyone here you were selling your silver for cash around the peak until now, right? And I was blasted by a lot of the people here for asking how much silver you owned before.


Good for you, sure, but anyone who follows your "buy" recommendations must have a hole in their head. You're no better than Goldman Sachs, pal.

ok PALY, Where did I say I

ok PALY,
Where did I say I sold my silver? I have never sold 1 ounce of silver at all. You and your buddy Ron_is_for not real do not read very well and jump to conclusions. Where the hell did 5700 oz's come from?

Ron_is_fornotreal thinks he knows all of my most intimate financial records and you think I sold 5700 ounces?

What needs to happen here is you, vlbc, ron_is_fornoitreal and greed need to go make your own prechter worshipping, stock worshipping thread. Pure and simple.


seeing as you brought my name into this diatribe, I would think by now that you would realize that I don't believe a word that you post here about all your astute transactions .... never have, never will.
Sure, you are good at copying and pasting stuff that you find on the net, but when you put out your own words, you come across as the semi-literate "idiot" that you love to call everyone else.

Your 'stories' are interesting, but pure fiction!

Have a good weekend, and don't forget to set your alarm to get up early Monday morning so that you can finally destroy JPM.

I do not think that I know

all of your most intimate financial records. All I know is that your revisionist history story telling doesn't fit AT ALL with what you were posting here at the time.

For example:

After reading all this
Submitted by SIERRAHPBT on Tue, 04/26/2011 - 08:30.
After reading all this gibberish this morning I have to ask a few people, ron_, greed, henry etc.. at the end of next week when silver is setting new alltime highs are you people going to finally start thinking?
At any price above 50.00 an ounce are you going to finally say to yourself, dang maybe I'm wrong? maybe my ANALysis doesn't work in a 30+ year manipulated market that has created a huge shortage of silver. Maybe the correction is a much higher price of silver so the laws of economics find silvers true value in the market place. And just maybe there is more to this silver market then I think there is.
Maybe, just maybe, I haven't studied this market closly enough.
Or are you people gonna be blabbing the same nonsense when silver hits 90.00 to 100.00 and has another 30% correction before it goes to triple digits?
Ron Paul will be president, silver will be at 500.00 an ounce and I gaurantee you these people will still be in here bashing away


tog, I think we will go to 84
Submitted by SIERRAHPBT on Mon, 04/25/2011 - 09:20.
I think we will go to 84 or so then get a correction back to the 60's. MAYBE. Ultimetly silver will be 1 to 1 with gold. When you get your extra funds buy all you can.


Now is a great time to get into Silver.
Submitted by SIERRAHPBT on Fri, 04/22/2011 - 23:33.


LMAO.. Having fun busting the
Submitted by SIERRAHPBT on Sat, 04/30/2011 - 18:43.
LMAO.. Having fun busting the silver shills.. Watch this video.. this idiot who says silver is going to crash picked bearstearns to out perform goldman sachs 7 months before it went to 0! ALL THIS SILVER TO CRASH IS JUST NOISE.. every Idiot and his mother is predicting silvers fall.. what a joke.
this is funny.
part 2 http://www.youtube.com/watch?v=0Os29gWKLu4&feature=feedu



no... thank you.. I have
Submitted by SIERRAHPBT on Fri, 04/29/2011 - 12:23.
no... thank you.. I have contributed yes but there are many people on this thread who have provided much information that I didn't know. Fireant, sirric, etc. Just watch this thing from about May10th to June 27th. The real parabolic will end in the 90's. Then its time to short the correction.


Submitted by SIERRAHPBT on Fri, 04/29/2011 - 10:34.
Turd Ferguson,
"That the goons at the CME have now raised margins on silver twice in 48 hours should tell you just about all you need to know. They are clearly losing. That the silver market has suffered no lasting impact tells you that we are clearly winning."
May and June are going to be EPIC.


If you are not yet sure about
Submitted by SIERRAHPBT on Fri, 04/29/2011 - 03:17.
If you are not yet sure about how silver will be the investment opportunity of your lifetime, watch this video. If you are still doubting silvers coming explosion then you will never understand.


I just read Butlers update.
Submitted by SIERRAHPBT on Fri, 04/29/2011 - 01:08.
I just read Butlers update. He says there are no longs for the shorts to harvest. He says the COT structure has improved even more and is fully bullish.


a couple times I have posted,
Submitted by SIERRAHPBT on Wed, 04/27/2011 - 19:31.
a couple times I have posted, "what are you guys going to think when you see silver go up 20.00 in one day"? No one has answered..


I am expecting a 30% to 50%
Submitted by SIERRAHPBT on Wed, 04/27/2011 - 20:55.
I am expecting a 30% to 50% correction between 90 to 100.00. I think this is where this partabolic will go to. Yes higher prices will make people sell. Those that seel do not know the true silver story.
From that correction we head to the higher triple digits. It will all come down to supply-demand. As you see Apmex and others have no silver. Just wait till the silver Industrial users panic. Talk about
FUBAR... Then watch the hedge funds jump in. I think that most silver investors figure I will ride to 100.00 get out. they will lose their positions and sit on the sidelines watching silver go to prices that most could not comprehend.



I truly hope so.. this thing
Submitted by SIERRAHPBT on Wed, 04/27/2011 - 18:15.
I truly hope so.. this thing has a long way to run they may as well get in now. When they see it hit 75 or so maybe they will start thinking for themselves.


...and of course this one:

sold?.. I just bought.. From
Submitted by SIERRAHPBT on Wed, 04/27/2011 - 15:41.
sold?.. I just bought.. From the Middle of May to the end of June this silver climb will be epic.

and don't forget this one:


damnit.... did I miss my
Submitted by SIERRAHPBT on Wed, 04/27/2011 - 14:36.
damnit.... did I miss my bottom?


OMG, how can any of you believe that SIERRAHPBT sold his silver calls when silver was at $47?

I took you at your word

So that might be a mistake, but you said: "4 1000 face bags at 3.75 an ounce in 1992. 76 bags of 1000 face in 2003 at 5.00 an ounce."

My math tells me that's 57,200 oz. Here's the source.


"90% Junk Silver Bag $1,000 Face Value-715 Ozs. Of Pure Silver"

Are you saying this is not right, or you misspoke about how much you bought?

also if you are talking about

also if you are talking about selling silver.. I sold PAPER options contracts in silver. NOT PHYSICAL. I think that is your misunderstanding.

GO Hollow Point!! +1, ditto

GO Hollow Point!!
+1, ditto below.

"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence

also if you are talking about

also if you are talking about selling silver.. I sold PAPER options contracts in silver. NOT PHYSICAL. I think that is your misunderstanding.

So you claim you own more than $2.1 million in silver?

If remotely true, that's a lot of motivation to dole out advice that only benefits yourself... which is an excuse I would accept, by the way, being fully cognizant of the "nature" part of human nature.

you are a dolt. the amount of

you are a dolt. the amount of sales or buys I could generate on this blog are miniscule compared to what the market is ..think. You know nothiong about human nature. but you will get a good lesson here soon as your stocks become worthless.

If someone has profited so

If someone has profited so much on their silver gains then why would they care if it was $50 or $30?!

Haha! With that much I know I wouldn't.

Because the amount is irrelevant

when all you see is what you "coulda" made.

And, by the way you're talking about a $1,144,000 difference spread between $30/oz. versus $50/oz., and that is significant.

Also, for all the so-called hardcore Christians on this thread, there is a hell of a lot of overt concern on how rich they are or will be, which I find deeply amusing.

I always find it funny that

I always find it funny that non christians hold Christians to the words of the bible when they don't practice them themselves. And especially when they do not understand the bible but go off their biased BS. Read your bible. The riches of the wiched are stored up for the righteous. There is nothing wrong with aquiring welth as long as you don't worship or love it more than God. Wealth is used to take care of your family. Just like what we are going to see here in the near future. Those who have prepared will do well those who have not won't.

Now so who cares about a 1,144,000.00 difference from 50.00 to 30.00. I know where its going in the future. I know that there is a massive shortage. I now know that the big banks are all starting to hoard physical silver. Yep those who manipulated it are now storing it. What does this tell you?

Some very interesting changes in Silver on the CFTC's May Bank Participation Report. Here's the link to the report:


As expected the net short position has been significantly lowered but not to the extent that I thought it would given the size and scope of the Silver Slam.

US Banks
April Long: 825 May Long: 1,783
April Short: 25,412 May Short: 20,613

So the net result is a covering of 5,757 contracts or 28,785,000 ounces. Not bad for a months worth of market rigging.

But here's the real interesting part of the report. A while back JP Morgan complained to the CFTC that by listing the number of US Banks in the report the CFTC is revealing where the concentration lies because there were only 2 banks on the short side. This, JPM claimed, was illegal and the CFTC changed their reporting format to keep JPM happy. Now when there is less than 4 banks they will not report the number of banks at all. They leave it blank. But once the number of reporting banks hits 4 they will list the number again.

Voila! The April report has no number listed but the May report lists 4 banks in the US Bank category.

Here's what I think this means...

First you must understand that the rigging of the silver market is part of the entire Banking Cabal's rigging system and not just a JP Morgan operation. The silver "Hot Potato" is the concentrated silver short that must be maintained and managed to rig the price of silver. Aig had it then pawned it off to Bear Stearns and then it landed in the lap of JP Morgan. With the recent announcement of potential silver Position Limits JPM was way off-sides with a 25,000 short contracts concentrated position as the limits were being suggested in the range of 7,000-8,000 contracts. So JPM needed to either cover around 17,000 contracts OR they had to transfer these positions out of their account to other members of the banking cabal.

That's where I think the new 4 bank revelation came from. The Banking Cabal used the massive volatility in the latest Silver Slam to both cover 5,757 short contracts as well as TRANSFER 13,000-15,000 contracts to other US Banks who are in on the manipulation.

Now JP Morgan may be below the position limits required by the new CFTC Laws.

Going forward the Banking Cabal will have to continue to coordinate between each other to manage the Silver Hot Potato but that's nothing new with these crooks.

Do I think this will allow them to rig the markets FOREVER?

No. At any moment the Good Guys can take them down by taking delivery of physical silver.

"When?" is the only question we have left to discover.

The battles continue.

Bix Weir


How is calling folks "troll", "dummy" and much worse Christian?

How is falsifying your true intent to take advantage of others Christian?

How is gleefully mocking others Christian?

I must have studied a different Bible altogether when I was a kid.

Don't care for riches but

Don't care for riches but protection and preparedness.

I hear that

all the time from people who don't have money. When they do come into money, their attitude changes. It's a natural reaction.

WOW!!! Its no wonder you can

WOW!!! Its no wonder you can find SIERRAHPBT ALL OVER the internet on any blog that is remotely connected to silver!!!

"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence

you should start reading

you should start reading those blogs.. you will get an education.

You see Boat Tail, that's the

You see Boat Tail, that's the thing. I've read about silver since 2002. And there really is not much point in reading it still because what is written has changed very little in those years. Every now and then I do read some of the articles, and I always have to check the date on the article to see if it was written in 1996 or 2006-07-08-09...I very well aware of the so called fundamentals of silver.

ps, UP ONE!!!

"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence

thats exactly what I bought

thats exactly what I bought and does not count the maples and eagles I have. I have not sold 1 ounce of physical. And there is no tax liability till I sell so I'm sure your IRS uote was coming. I'll save the font time.

You just said (above)

"If I was so wrong then why am I sitting on a huge tax bill?"

There are more twists and turns in your "stories" than a python with scoliosis.