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Thank you for a great ride, and for 8 years of support!
365 votes

>Gold $1,205 Silver $16.45 Platinum $1,170 Palladium $770 Dollar 99.40

............♘ Daily Paul Metals Thread ♘ ............
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Hidden Secrets Of Money
Part 1 - Currency vs Money
http://youtu.be/DyV0OfU3-FU
Part 2 - Seven Stages Of Empire
http://youtu.be/EdSq5H7awi8
Part 3 - Dollar Crisis To Golden Opportunity
http://youtu.be/y-IemeM-Ado
Part 4 - The Biggest Scam In The History Of Mankind
http://youtu.be/iFDe5kUUyT0
Part 5 - TRUE History Of Money
http://youtu.be/OQWMd_NPSBA
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Silver, Gold & Currencies Revalued Overnight - Mike Maloney
provided by mauip3
http://youtu.be/GxKvTepymxs
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A Visual History Of Gold link provided by DJP333
http://www.zerohedge.com/news/2014-02-26/visual-history-gold...
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Gold Manipulation: The Logical Outcome Of Mainstream Economics
http://www.zerohedge.com/news/2013-02-21/guest-post-gold-man...
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Gold Manipulation: How They Do It (And How To Hedge It)
http://www.zerohedge.com/news/2013-02-26/guest-post-gold-man...
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Visualizing Platinum & Palladium's Place In The World
http://www.zerohedge.com/news/2013-01-24/visualizing-platinu...
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Gold & Silver, Ron Paul: THE TRUTH
http://www.youtube.com/watch?v=E-ShSGz89mA&feature=related
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Visualizing All The Silver In The World
http://www.zerohedge.com/news/2013-03-01/visualizing-all-sil...
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Bitcoin: Rate Charts and Commodity Exchanges
http://bitcoincharts.com/markets/
https://ounce.me/
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Welcome to the Daily Paul Metals thread. This thread was designed to keep all metals questions and comments in one place. At over 19,500 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.

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How Governments will confiscate your GOLD!!!
http://www.sovereignman.com/expat/gold-confiscation/
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4 Must watch videos...NOTE:These videos give you a heads up of what is coming!
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Madness of a Lost Society (in 4 parts)
http://www.youtube.com/watch?v=HyjAHfnu0qc
http://www.youtube.com/watch?v=WRvjufH29vE
http://youtu.be/p_Ic_OvIPtU
http://youtu.be/2FZmHBcrk5Q
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The Day the Dollar died...
http://www.youtube.com/watch?v=2N8gJSMoOJc
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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....
http://news.goldseek.com/GoldSeek/1313942400.php
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Inflation or Deflation....Metals win...
http://news.goldseek.com/ClifDroke/1310933400.php
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Why Deflation is good for Precious Metals:
http://seekingalpha.com/article/183323-why-deflation-is-good...
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Live Charts Here...
http://www.sgxniftydowfutureslive.com/index_files/DOWFUTURES...
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LIVE DOLLAR CHART HERE
http://www.goldseek.com/quotes/charts/usdollar/usdollarindex...
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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

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"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

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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.
http://www.apexfutures.com/trading-tools/expiration-dates/
http://www.heritagewestfutures.com/docs/default-source/defau...
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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!
http://www.silverstrategies.com/publications/ThinkandSTOP.pdf
This is an incredible site for watching metals:
http://www.24hgold.com/english/home.aspx
This site monitors all ebay metals prices.Check it out:
http://www.24hgold.com/english/buy_sell_gold_coins.aspx?co_id=0
Jim Sinclair - a Great read everyday: http://jsmineset.com
Hard Core Gold site. Great reads: http://321gold.com



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Get it Now

Get it while it is still "cheap". While I wish I could afford gold, I do have a nice stock of silver, of which I recently added 20 more ounces to, when it was still at $15.

I would say grab all the silver you can afford while it is under $20.

closing in...

Gold is within striking distance of sierra's longstanding target of $1320...
http://www.dailypaul.com/comment/3094307
Too bad that it was over a year and a half ago, and that gold was ABOVE that level at the time, and that he was looking for "the final low" there. ROFLMAO

How many trillions did plunge protection team borrow?

Price manipulation is not cheap.

Free includes debt-free!

DJP333's picture

I was given this by a friend

of mine this weekend. Thought you guys might get a kick out of it (hint: look closely)....

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

DJP333's picture

Latest from Jim Willie 1-18-15

Swiss De-peg Triggers Massive Derivative Crisis and Potential end of the Euro. (forward thru the 42 second commercial)


http://youtu.be/NHanymw3mW8

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

Keep holding those

SteveMT's picture

Swiss put the big hurt on German/British banks & hedge funds..

The carnage continues after the Swiss franc uncouple move yesterday. The bankers still own the printing presses, not the hedge funds.
-----------------------------------------------
DEUTSCHE BANK LOST ABOUT $150M THURS DUE TO SWISS FRANC VOLATILITY: SOURCE
BARCLAYS LOST TENS OF MILLIONS OF DOLLARS THURS: SOURCE
INTERACTIVE BROKERS GROUP SAYS "SEVERAL" CUSTOMERS SUFFERED LOSSES IN EXCESS OF THEIR DEPOSIT AMOUNTING TO APPROXIMATELY $120 MILLION, LESS THAN 2.5% OF CO'S NET WORTH
http://www.zerohedge.com/news/2015-01-16/deutsche-interactiv...

DJP333's picture

good day for gold today....

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

Jim Wille--The Petro Dollar Is Dead !

Very good current interview:

https://www.youtube.com/watch?v=aWnXeFEL1pM

beesting

Silver under $100. oz is insanity!

The silver institutes own report tells all!

https://www.silverinstitute.org/site/wp-content/uploads/2011...

In the report we are 2-3 years from peak silver, and the price keeps falling! I see massive windfall for the smart investor, within 5 years!

They even admit shortages in 2015 are coming!

Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

SteveMT's picture

Gold is again ahead of platinum.

However, the brokerage fee is probably a lot higher for platinum compared with gold. The upside down world continues.

Closing thoughts/parting shots for the metals thread?

Well, it appears that the end of the Daily Paul is near, but it sounds like Nystrom is considering archiving the existing threads and posts.

There has been a lot of debate on this thread about where metals were heading. There used to be several pages of posts every day. Now it can take a month to fill up one page. Most of the time it was only myself against virtually everyone else, with occassional appearances by TxRedneck and Henry.

A lot of insults and ridicule were thrown my way, but at this point in time, I don't see how it could be argued that I was wrong and the bulls were right (hence the insults and ridicule being slowly replaced by silent downvotes), but they would probably say it ain't over yet (if they could bear to show themselves).

But since the DP is seemingly over, maybe now would be a good time for participants to post their projections about how things will play out from here (or just post their parting shots) and the archives will settle the debate at some future point in time.

I'll go first. As for me, I think the bear market still has a considerable ways to go, but having said that, I think metals are in the midst of a rally that should carry higher for several more months, possibly into summer and beyond.

I would expect silver to carry back to at least the low $20's, and likely the mid-$20's before turning back down again. I think gold should carry back to mid-teen hundreds ($1400-$1600) or so before resuming its decline. Ultimately I think silver will drop back to single digits and gold below $500.

It is difficult to say how long it will take, but my guess would be several years before the ultimate low arrives. In line with Prechter's scenario, I also expect stocks will collapse in historic fashion and the dollar index will continue to strengthen as deflation gets its grip. If silver reaches $5, let me be the first to congratulate sierra for riding 50,000 ounces (allegedly) of silver from $5 up to $49, and back down to $5, and "never selling". LMAO.

So would any of the die hard bulls care to post their scenarios going forward from here? Any of the silent downvoters and assorted members of Sierra's DP Metals Thread Always Wrong Club want to admit they were wrong or apologize for all of the insults they hurled at someone who was trying to help them? Beardeus? (do you still think I'm "seriously retarded"?) RonPaulio? AZJoe? Cleburne61 (or whatever his handle is/was)? jtstellar? Anyone at all?

Well, either way, it's been entertaining. I guess my critics were right about one thing...I DO like to argue, LOL, and I'm gonna miss all the arguing. Good luck to everyone. Remember, we probably agree on more than we disagree on outside this thread, and we were all brought here by a love of liberty and the man who has done more to promote it than anyone I can think of in my lifetime. Ron Paul is for real !

Peace.

pffft.

pffft.

Re: gold/silver

Hey Ron is for Real,

I appreciate you simply calling it like you see it and taking the wrath of anyone who disagrees. I really didn't post here that much because the group think is in full force. Eventually they will be right, but after discussing this enough times with those who just want to berate you, it's just not worth my time. But hey, I have a list like you wouldn't believe waiting for my "all in" article.

That said, I am not on the same page as you for this current rally going as high as you believe. I wrote about it here on Daily Paul with my 2015 Predictions for Gold and Silver article I posted here a couple days ago. Only 1 reply: Sierra, who didn't like what I wrote.

Remember, gold is going higher in Euro and Yen and other currencies. Last year it gained double digits in those currencies. So many can profit from it. Heck, Dennis Gartman started a fund that allows investors to buy gold in those currencies and they returned 16% and 18% last year.

Like you I have been dollar bullish and that's what many here at Daily Paul give down votes too. But when you see what makes up the dollar index, (70% the Euro and Yen) then you can see why by default the dollar goes higher. I gave that indicator and 7 more as reasons to be cautious in gold last July and was attacked by certain individuals here. So be it.

The tide will turn and no, I'm not in the Prechter camp or Martin Armstrong who think gold will sink to the levels you mention. I'll explain why in my next article.

For those that don't know, I write about the precious metals market 5 days a week and have been giving out triple leveraged ETF calls that have performed quite well. http://buygoldandsilversafely.com/category/current-thoughts/

I'd rather spend my time helping people. But some think you are just crazy for thinking opposite than the status quo.

Cheers and good luck!

Author of Buy Gold and Silver Safely
Next book: Illusions of Wealth - due out soon
Also writing book We the Serfs!

Silver is still in a bull Market!

There is no bear market, just look at the big picture. Long term charts show silver is in a uptrend, this bull crap going on in the past 3 years is all lies. I like looking at the silver institutes own data which shows the banksters and manipulators are in trouble.

For the first time the silver institute says we could have wait periods for silver orders being fillled. Hows that going to work, when you can't get your new Iphone or what ever because some crooks wants to short the sivler market. If this starts to happen the masses will smell blood, and they will rush in the silver market. Right now there's only 100M oz available for whatever, looks like JPM will have to open tose silver vault doors to keep the lie going a little longer!

Silver has every thing going for it now, but the real reason I will never sell my silver is because it's going to be real money real soon again! FRN,s are going to die, and all holding them in the banks will be screwed.

Maunufacturing is down, less silver is required, but the silver stackers are taking up the slack. Keep stacking the fun is just beginning!

Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

You sure have lots of

You sure have lots of confidence the dollar will still be around years from now. I don't see that happening and fully expect the metals to be re-priced after the "reset".

The only thing holding the dollar up right now is misplaced confidence, lies, and the force of the military. I'm amazed it's lasted this long and admit that it may keep going a while longer...but the dollar is going to die. Everyone needs to be diversified. If your entire life is in dollar denominated assets(especially paper and electronic assets), you'll be screwed.

Diversify, diversify, diversify...get a passport, and start thinking internationally...that's my advice.

"Well, either way, it's been entertaining. I guess my critics were right about one thing...I DO like to argue, LOL, and I'm gonna miss all the arguing. Good luck to everyone. Remember, we probably agree on more than we disagree on outside this thread, and we were all brought here by a love of liberty and the man who has done more to promote it than anyone I can think of in my lifetime. Ron Paul is for real ! "...

You're right...we probably do all agree on many to most things. I wish you and everyone here at the DP success in their finances and lives!

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

Dollar Index, what a worthless economic indicator!

In fact it should be banned from the DP forever, after all isn't it like comparing one roll of toilet paper to another?

The Dollar index is just comparing multiple worthless currencies of which all will be less valuable than toilet paper. Even the Zimbabwe toilets banned the use of the zimbabwe dollar usage.

The only reason the dollar index is climbing is because dumb money is rushing into the country to stake it's claim on the stock market. Only dumb money chases a commodity or market! Most of the elites and banksters have exited the market, even Warren Buffet says he's out of the stockmarket. I think Buffet once said get out and leave the final 10 to 20% to the real gamblers.

I think the current bull run of the stock market is the longest on record, even beating the run of the roaring 1920's and just before the 2000 dotcom crash.

I always believed the stockmarket wasn't allowed to fully correct itself in 2008. I think 2015 just might be the correction that was reqiured back then, could lose 90% of it's value. The FED is less likely to recue the market this time around.

BTW, money rushing in the country that was floating around the world! could be the beginings of Hyperinflation?

Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

SteveMT's picture

Yup. Dollar up, & metals up today.

...and on a Tuesday?! That's usually the day when they like to crash metals down. Hmmm, I wonder what is different about this Tuesday?

DJP333's picture

They were waiting

for someone on the DP to say something. Thanks a lot Steve!

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW

SteveMT's picture

Guilty as charged. I caused this.

Ha! Your claim about "they" follow what's said here maybe truer than you think. I had better watch what I say and mind my Ps and Qs. The PPT is watching. You had better too, brother. Maybe both of us should just go on doing what we're doing and say "hell no" to these people. How about that?

Silver Will Smash Gold’s Performance In 2015

By Michael Lombardi December 18, 2014

I know it’s a bold prediction: silver prices are going to surprise investors and provide them with better returns than gold bullion. I say this because both the fundamental and the technical pictures for silver continue to improve.

Read more: http://kingworldnews.com/silver-will-smash-golds-performance...

Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

SteveMT's picture

Gold Hits $1235 As Commodities Crash To 12-Year Lows, $45 Oil

Gold Hits $1235 As Commodities Crash To 12-Year Lows Amid $45 Oil
1/12/15
WTI traded with a $45 handle... but apart from that, everything's great (oh wait and the 230 pip USDJPY roundtrip). Amid all this turmoil, gold just broke to $1235 - its highest in a month.

http://www.zerohedge.com/news/2015-01-12/commodities-crash-1...

Goldman sucks claim oil will go below $40 and stay

there for at least 6 months.

Everyone was waiting for the Saudi's to lower their production to keep the price of oil high. The saudi's are saying let America cut production since they caused the glut of oil.

Here's an inteesting article about Goldman and shale oil: http://www.theautomaticearth.com/at-last-the-experts-wake-up...

Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

One ounce of Gold buys

Twenty five barrels of oil. Or 600 hundred gallons of gas. At two bucks a gallon. That's fracking great. Except for oil frackers.

Money talks and dogs bark

Silver And Gold 2014 Up dates,

Compared to currencies, by James Turk:

http://kingworldnews.com/central-planners-finally-losing-con...

beesting

.

I think everyone should be extremely happy with the performance of gold this past year given the amount of false optimism out there. Everyone was buying every nonsensical inflated scam in sight and ignoring gold. No matter how many news outlets and organizations claimed that gold would collapse to 6 or 700, its barely been shaken. Just about every mainstream outlet bashed gold at one point or another and they just have not been able to dent it. Just wait until even the smallest interest is shown by investors. Time is running out to accumulate it.

"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com

SteveMT's picture

The Dollar is ravaging other currencies except gold.

How high will the dollar go before US debt-holding countries get the urge to liquidate their currently strong dollar holdings?

SteveMT's picture

Oil goes below $48 @ $47.62/barrel

How low will it/can it go before either an economic collapse or a war occurs?

DJP333's picture

But why?

Is this the consequence of a struggling world economy, or rampant manipulation gone wrong, or are central banks making this move happen? Its going to be an interesting few weeks seeing the repercussions of this drop go thru all parts of the economy.

One thing that I just thought of is the huge amounts of debt taken on by the frackers in the US and also the huge amounts of debt taken on by industries supporting the frackers (i.e. hotels, restaurants and gas stations going up in small towns all across America). All of that debt is funding 50% by a bank and 50% by the government via the Small Business Administration (SBA). I think we are going to see some major defaulting happening soon if the price doesn't bounce back.

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW