353 votes

>Gold $1,305 Silver $19.65 Platinum $1,435 Palladium $800 Dollar 79.80

............♘ 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

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
fireant's picture

Schiff makes a great point about miners.

Be patient. They will have their day. It's immpossible to know when; next month, next year, 3 years, but they will have their day.

Undo what Wilson did

I agree.. do you have your

I agree.. do you have your favorites? now is the time to buy.

More on QE3..


Listen to first 15 mins of this (have to use right link etc), its the INTEL report with chapman dated the 24th ..


Listen with "VLC Media Player"


I like this one because it plays everything, on anything, and you can speed up the playback without it sounding like chipmunks.

Works wonders for these slow talkin' guys. ;-)

my friend just criticized me for calling bottom/rebounds

always a few days too early.. makes me kinda pissed


SteveMT's picture

Did you call an up day today?

You would be right...again.

Head fake?

Head fake?

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

I think your head may be

I think your head may be fake. In fact you may be a computer created by the government to come onto forums like this one to spread disinformation.

GOOD thing I DIDN'T take YOUR advice.


Whats the value?

So I have a question for everyone here that owns physical metals. I take it for granted most believe the FRN is on its way out and that the spot price for silver is not accurate. How will you determine the value of your silver when the SHTF and you do not have the ability to check spot prices? I guess it will ultimately come down to negotiating and demand. Metals have the ability to store wealth but I am confused as to how people who own physical will figure out the measured value their metal. It makes me wonder whether stocking up on food and ammo might be another wise investment to store wealth.

You are correct.. there will

You are correct.. there will be other goods that will be worth just as much as gold and silver. Farmland with WATER.
nonhybrid seads, toilet paper, etc etc etc.. I actually say this.. get all the other stuff first then get your silver and gold.

SteveMT's picture

Yes, stocking up on everything is also a store of wealth.

Bartering is the answer. If you need toilet paper and someone wants silver, that is a good trade. Whatever you can do with silver after the crash is up to you, but dollars, by your scenario, will not be wanted in any trade negotiation. Paper money will be worthless and valueless.


Anything that is imported because it cannot be grown here in the states may become more valuable than Gold or silver as it has in the past.Imports will come to a stop.

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

Very good question. My guess

Very good question. My guess is that you won't be able to do much with silver in that situation. Despite what silver bulls say, my opinion is that silver is NOT money in general, although, silver might become money again in the future. I agree with the view that money is an instrument that can be used to pay tax. In this view, silver is not money at the federal level.

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

Very Interesting news out

Very Interesting news out today. I suggest you read this.
Go down to zerohedges article talking about investigations into the lbma and LMA. Times are a changin'. You silver bears better rethink your positions. Your dollar bulls are going to get skinned.


Just curious,

China and many other countries have lost their appetite for US Debt. Why does everyone think that the Federal Reserve has infinite appetite for not only US Debt, but the "toxic" US Debt at that? Is it really in the Federal Reserve's best interest to keep buying up US debt? Or would it be more likely that the Federal Reserve forces the Treasury to resort to the lender of last resort, the IRA's and other qualified retirement plans ($4.5 trillion) of the people?

Hasn't the Federal Reserve been warning Congress to get its act together?

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

The plan is...

... to destroy the US by destroying the dollar (amongst other things).

Next step is to "save" the US by introducing a new world currency and bail out the US.

Then the IMF or whichever organisation they choose will take over from the Federal Reserve.

Same people running all these organisations (and many more) so to them it is not a loss that the Federal Reserve disappears.

One central bank in USA passes the baton to another world wide central bank. New name, same system, same people - just bigger and even more centralised and powerful.


...Head Shot...

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

The Federal Reserve owns the

The Federal Reserve owns the current world currency, and they're not going to give that up without a fight. The recent sex scandal with the IMF head guy was all about preventing the one world currency that he was in favor of. Notice that scandal happened right here in the USA. That was the Fed's way of booting him out. His successor will not likely favor a single world currency.

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

More likely

... that he was against the new world currency. Have you noticed that all the good guys always get the bad press? Ron Paul, Rand Paul just to name two.

People who are against a world Government, a world currency and any other increase in central power of any kind always get booted out.

Statists, collectivists, communists, fascists or whatever names they call them always keep their jobs and get good press as long as possible. Then when the public eventually have lost faith (Bush and Blair come to mind) then they get replaced by a new person who will continue the collectivist agenda (Obama comes to mind).

The faces, names and parties change, but the move toward totalitarianism tiptoes forward step by step by step.

The Federal Reserve has served this agenda well for 100 years, just like all other central banks in the world. Now it is time to give them the blame and hand over to an "international solution", a world central bank and let the Federal Reserve go down.

This is of course just an expansion of the central banking system but this will be hidden from the people who will be told that new "good" is replacing the old "bad". This is always the story they use to sell it to us.

Look into who is behind the Federal Reserve and you will find it's the same people who are implementing the world Government as we speak.

one thing that always

one thing that always worrying me is this:

You cannot have a one world currency, or NWO with out first ending the fed.

and yet, what else can we do BUT end the fed?

“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” Plato

Interlocking Management. Tax History Muddled. - Wall Street

IMF is "Save the poor foreigner," sponsored by Europe & their management team.

World Bank is "Save the poor foreigner," sponsored by USA & their management team.

The Fed & Bank of England & The Euro are interlocked no matter the Printers-That-Be (PTB) slice it.

There are lots of interlocking... management... or the lack there of... Mismanagement?

IMF reps form the USA are:

  • Uncle Ben B - The Fed - "Jiffy Loan" ® Discount Window
  • Turbo Timmy G - The X-NY Fed, USA Treasury - "Jiffy Lube" ® Recipient of loads paid by "Legal Tender gifted away moments ago?

Cleaning house & creating a monetary system the the US makes sense. Whether gold or silver... Makes cents.

    Geithner's Tax History Muddles Confirmation - Wall Street Journal

    "The IMF and World Bank reimburse employees, including U.S. citizens, for their U.S. income taxes. They don't, however, make contributions toward Social Security and Medicare taxes, which individuals are expected to pay on their own."

Here is Peter Geithner (Turbo Timmy G's dad) working @ World Bank, employ Mr O's mom, Ann O (aliases-R-US)

    "Recall Ann Dunham Soetoro’s resume of helping poor women: with microloans in Pakistan and Indonesia, cataloging various native crafts during major massacres in Indonesia under the auspices of the Ford Foundation (working for Peter Geithner, the Treasury Secretary’s father), USAID, and the World Bank (all of which are widely believed to have CIA associations). Ann Dunham Soetero’s connection to these mineral rich regions is Barack Obama’s connection to these mineral rich regions."

Interlocking "Legal Tender" Tenderizing the world.

  • Banks of England "The Crown"
  • The Fed + World Bank
  • Euro + IMF

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

No, he was pushing a

No, he was pushing a replacement for the Dollar, IMF credits(SDR's). He was opposed to the FRN, just as Ron Paul and Rand Paul, just to name two, are. Every country we are currently enemies/at war with has proceeded with plans of eliminating the Dollar from their trade. This is all about protecting the status of the Dollar as the world's currency.

" Following Strauss-Kahn's arrest for sexual assault in New York, economist Eswar Prasad said that should he be forced to step down, the IMF "will find it hard to find as effective and skilful an advocate for keeping the institution central to the global monetary system"


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

the federal reserve has just

the federal reserve has just as much skin in the game as the US does. The problems with the debt of the US was, is and will be brought on by them, the FED. When the FED note goes belly up so does the FED. Now you know why the douche bags in DC are hurrying to get bills in place to stop people from taking money out of their IRA's and 401K's.
Go find my posts on getting out of your retirement plans right now.

LMFAO.. the FED telling CONgress to get its act together? thats like the kettle calling the pot black is it not?

I got out of my qualified

I got out of my qualified retirement plan in 2002, way ahead of any post you made on here.

You've given zero explaination why the Federal Reserve would continue to increase US Debt in their portfolio by was of buying toxic mortgages and bad debt via QE. Why would they continue to risk their wealth if it is so obvious that the ship is sunk?

Hint: The next QE will not come until retirement accounts have been looted/locked down. (or at some point, QE4 or 5 or...they will cease QE long enough to take the retirement plans. They may, or may not, contine QE after that)

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

Ever hear of "creative destruction"?


They thrive in the growth and destruction of themselves.

Always consolidating power and repeating the process...

...at the detriment, poverty, and dispare of the rest of the world.

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

because the Federal reserve

because the Federal reserve is the US government. I guess you have not figured out who owns the Federal reserve. those big banks own the US governemnt. If the FED does not keep the ponzi going there will be such hard times in this country that the Fascist US government will be thrown out along with the Fed.. not to hard to figure out. You really believe that the FED is more fiscally responcible then the US gov.? I got news for you.. the 3 trillion in IRA's is a drop in the bucket compared to the quadrillion in derivatives. Those 3 trillion are mostly paper instruments too. QW will continue without stopping. It may not be called QE but it has to continue..
Say how many ounces of silver did you buy at 2.00 an ounce when you said it was going down that low in 2008?

hint: The federal reserve has no wealth. all they have are paper currency notes with a government promise to pay. What wealth does the FED have? its all paper.

In fact the Federal Reserve

In fact the Federal Reserve is a private corporation separate from the the US government. The Federal Reserve is also in fact just some documents that form a corporation. The real natural persons behind the Federal Reserve a quite wealthy. They existed before the Federal Reserve and their posterity will still exist after the Federal Reserve.

People continue to call FRN's worthless pieces of paper, but I bet it was those pieces of paper that bought the metals you're holding, that most people exchange for virtually EVERY material item they possess and consume(with the exception of minimal bartering in the overall economy). Interesting how so much can be had with a worthless piece of paper.

The trillions in retirement accounts is a drop in the bucket compared to the derivatives. But maybe you haven't noticed that a few trillion does keep the system going for a few years. I never said it would solve the problem entirely. I don't think that is possible to do at this point, but they can take everyone's wealth in the process.

Hint: the Federal Reserve has enough of those funny pieces of paper to buy the entire US REAL wealth. When someone defaults they owe all of their wealth to the lender. The US owes a debt to the Federal Reserve, whether that debt is pieces of paper, sea shells, grains of salt, or hours(years) of labor, it is still a debt owed.

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

yes thats true.. the federal

yes thats true.. the federal reserve is a private corporation. Who owns the federal reserve? JPM owns 54%.
The Fed Reserve owns the US government. Remember those few trillions of ira's are paper also. they can lose all value over night.

Isn't the consolidation of

Isn't the consolidation of power also a weakness by definition?

Makes my little mind think interesting things....

“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” Plato

good point


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