356 votes

>Gold $1,287 Silver $19.45 Platinum $1,419 Palladium $908 Dollar 82.79

............♘ 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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Let me know when you are

Let me know when you are ready to thank me for waking you up.

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

Hey Greed. what happened to

Hey Greed. what happened to the price of gold during the great deflationary depression of the 30's?

Tell me, and I will tell you

Tell me, and I will tell you if you are right or not.

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

so I guess the answer is you

so I guess the answer is you don't know.

Wrong again and this is your

Wrong again and this is your problem. You assume that I don't know much. I think I know things that you don't know on this. Not many people know this or at least I have never seen this info posted on the net. But, I changed my mind and I won't tell you because if I tell you, it will show how much I know, which I don't want to do.

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

Wow, that was meaningless

Wow, that was meaningless dribble where you stated nothing. I know but I'm not going to tell you cause it'll show how much I do know, but I don't want anyone to know that I know. Reminds me of a 10 year old "Of course I know but I don't want to tell you"

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

Reminds me of

Donald Rumsfeld Unknown Unknowns


“I have joined your revolution and I’m proud to be part of what you want to do.” - Ron Paul

You don't say! You Don't Say!

You don't say! You Don't Say! YOU DON'T SAY!!

What what!?!

He didn't say..

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

Hahah, dead on!

Hahah, dead on!

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

Hey Takeaction, can you put

Hey Takeaction, can you put Great Deflation in the next title?

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

You got it!!

There you go....

Hey GREED, can you go make a

Hey GREED, can you go make a Deflation thread on the BenBernank website?

You'll make a lot of friends there.

If you are a silver short you

If you are a silver short you should be asking yourself a few questions.

1) 150 MILLION ounces of paper and physical silver went into the massive silver shorts vaults during the raid Of May 1-8th.

2) why did JPM need that vault that was awarded to them in 2 days when it takes every other bank 6 weeks to get certification?

3) There is now less then 30 million ounces of registered Silver at the COMEX.


Swapping silver for gold

While I know that the silver to gold ratio will drop I have been thinking lately that it may rise during the Summer. I am thinking of trading my silver for gold.

Any thoughts?


You know the silver to gold ratio will drop? Did you mean gold to silver? That ratio is under 42 right now. The average for 100 years has been around 45. But it got up to 86 during the Panic of '08. Things are beginning to look rather panicky right now. None of the causes of the '08 crash have been allowed to heal. For a good scare, divide $1540 by 86.

I have been planning to trade silver for gold for a while now. Have not yet pulled the trigger. Oh, would that I had when silver was going for $48! It looks so clear in retrospect.

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

fireant's picture

Too risky

You could be right and we see further correction of the ratio with gold moving up while silver stays flat. BUT, silver could suprise even the bulls with it's strength this summer. 50/50 is how I play it.

Undo what Wilson did

50/50 is reasonable

I'm in that neighborhood.

Both are a store of value, with silver having an industrial use. I think of it like this, "Silver is for spending, gold is for saving."

takeaction: In reference to your comment....

"I have just started this book, and here it is (PDF)...it looks like this is something very important to understand....
Dying of Money:Lessons of the Great German and American Inflations.
You can find an original copy here:

The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. But no price is too high to pay for the privilege of owning yourself.
Friedrich Nietzsche

Gold ownership Chaos. Gold ownership records ain't seaworthy.

Paper records ain't seaworthy proof of purchase. "Mates, thar be a storm a coming yonder. Stow sails! Batten down yar hatches!"

For the record June 1, 2011:

    100% Market Chaos... Nowhere to hide. Stocks hammered, Gold Ok, Silver down 2%>>Gold $1,539.30 Silver $36.81 Dollar 74.87
    Submitted by takeaction on Thu, 09/16/2010 - 09:31

We should be saving these run-away titles. They will be worth their weight in.... I digress.

Gold & Silver are just fine. Some coined. Some more refined.

"Ne'er mind me peg-leg. Step lively. Fetch me some fortification ta weather yonder storm! No time ta be a questioning orders. Fetch!"

Spend wisely.

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

SteveMT's picture

"...saving these run-away titles."

Excellent idea, Mark.

To be sure, every DP title revision, and there have been many, can be accessed. Their historical value will soon manifest.

I was hoping the changes would be saved.


You & TakeAction have done an admirable job of titling the Adventures of Gold & Silver (Tom & Huck). We could polish it & put it up for donation gifts or in "Ye Od' Village Shope."

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

☠ $ 600 Trillion Derivatives. $ ♞ Checkmate!

Not to be reckoned! ♞ Nor to be resolved! ☠

      ☠ 600 Trillion in Derivatives promised by Bookies☠

Promissory nonsense is mythical in proportion & substance. Never the twain shall meet... such nonsense...

Charts of "Legal Tender" money-supply going sky-high! Meeting "thin-air." Logarithmic! chaos. Chomos too?

Central Banks Committing Chomos? 05/26/2011

☠ Central Banks Global Insanity Makes Scary Markets ☠ 05/18/2011

And just which Bookies are going to pay on the infinity to 1 odds on reckoning this mess piece by piece? Bet by bet? Derivative by derivative?

Never the twain shall meet.

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

Great Deflation

Great Deflation

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

... of that realized to be worthless.

... options on broken promises.
... unpaid promissory notes.

Yes, some things deflate when the rapscillioins are found out. Who left town wearing tar & feathers?

"For every action there is an equal & opposite reaction. Deflation happens no doubt. Please consider your economics would be best discussed & disgusted elsewhere. Harvard? Yale? Princeton?

Please continue to support Ron Paul. You are well aware of economic trouble ahead. You place you own value on things. No argument.

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

SteveMT's picture

Yastrow; 'We are on the verge of a great, great depression!',

(Video & story) June 1st, 2011

Wall Street is having a hard time figuring out what to do now that the U.S. economy appears to be sputtering and yields are so low, Peter Yastrow, market strategist for Yastrow Origer, told CNBC.

“What we’ve got right now is almost near panic going on with money managers and people who are responsible for money,” he said. “They can not find a yield and you just don’t want to be putting your money into commodities or things that are punts that might work out or they might not depending on what happens with the economy.

“We need to find real yield and real returns on these assets. You see bad data, you see Treasurys rally, you see all bonds and all fixed-income rally and then the people who are betting against the U.S. economy start getting bearish on stocks. That’s a huge mistake.”

Stocks extended losses after the manufacturing fell below expectationsin May and the private sector added only 38,000 jobs during the month.

“Interest rates are amazingly low and that, thanks to Ben Bernanke, is driving everything,” Yastrow said. “We’re on the verge of a great, great depression. The [Federal Reserve] knows it.


When this is over, I think it

When this is over, I think it will be called Great Deflation.

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


posted about it earlier today.

This is it folks.

Great Great Depression & Bastards Created It All For Us.

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

Silver on sale by the end of the week?

Hopefully the shorties will sell off tommorow. Then... Silver goes on sale baby! I hope it drops under 30, then I'm going to scoop up as much physical as i can possibly afford.

a monster shorter ignored market signs and wanted to test

his luck.. market sustained at 35 in excess of 2 weeks so this shows this was not a margin sell off.. was speculative shorting, and the fact that it was done at market close but not during overlapped session with europe market seems to indicate that it wants as little market testing as possible

i doubt he will have any good luck.. but if he somehow hits someone's margin, there will be a sell off next monday so, if there is no substantial drop early next week, that will be when the market begins to rebound at the latest.

notice this is exactly the 4th day from last time market hit 38 and potentially triggering margin short covers. any of the triggered margin covers against shorts expired on the 3rd day on tuesday, which was yesterday, so this short was timed to avoid conflicting margin short covers from other sucker shorts. very speculative behavior.

the lack of selling enthusiasm on majority of the mining stocks at market end also confirms most investor's wait-and-see attitude. most people seem to share the consensus of just watching this shorter jump and kill himself.