360 votes

>Gold $1,190 Silver $15.90 Platinum $1,195 Palladium $810 Dollar 89.55

............♘ 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
Silver, Gold & Currencies Revalued Overnight - Mike Maloney
provided by mauip3
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 19,500 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.

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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Flat again...

No posts to this thread in 6 days? Anyway, I'm out of both my gold and silver trades, as updated here:

SteveMT's picture

Gold price close to overtaking price of platinum, ... again.

If there are members thinking about buying gold, maybe they should be thinking platinum instead, depending on brokerage fee differences. The metals markets are so screwed-up and skewed these days that an opportunity like this sometimes appear.

DJP333's picture

Wow, you are right Steve

check out the nose-dive in platinum.

"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

Where's the Silver?

The price of silver continues to drop, so there must be a new mine that opened or some other fantastic silver discovery.

Simple economics dictate price falls when there's an abundance of silver! But instead there's a shortage and price falls? This is pure insanity!


Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

SteveMT's picture

DOW continues to plunge. Now at -440.

Where is the PPT?

Here they come....

down only 300 pts now..

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

‘Plunge protection’ behind market’s sudden recovery

Mysterious forces were trying their best, but they couldn’t keep the stock market from swooning Wednesday.

They failed in the morning, despite massive purchases of stock index futures contracts. Within minutes of the market’s opening, the Dow Jones industrial average was down 350 points. Later in the day — after a lot of shocking ebb and flow — the Dow bottomed out with a decline of 460 points.

see more at: http://nypost.com/2014/10/20/plunge-protection-behind-market...

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

SteveMT's picture

DOW at -300.

Crashing on multiple levels is occurring.

SteveMT's picture

DOW at -210.

When karma comes, it's a real bxxch.

Market Watch dollar index website still down.

SteveMT's picture

stocks suffer the most mini-flash-crashes since Summer 2012

"Safest Market Ever" Suffers Most 'Mini' Flash-Crashes Since 2012 Knight-mare


Take a look at these charts.

Rosen: “After more than 60 years of watching markets, Eric, I can tell you that gold is no Titanic -- as the mainstream media would have people believe. Gold is the ocean, and at the proper time every paper instrument and scheme devised by corrupt governments and banks will sink below it. About the only thing these criminal bastards can do at this point is to briefly penetrate the long-term uptrend in the gold market we featured last week, which is shown below.


DJP333's picture

Whoa!!! Look at the gold spike this morning!!

"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

Yes, a gold spike, and a dollar index plunge.

Both were fixed by the gold spike suppression team and the PPT, respectively. The PPT actually worked hard this morning on the stock market. The DOW was really down right off the bat, but is now recovering at only -150 points.

The Market Watch dollar index website in still experiencing technical difficulties.

"We are experiencing technical difficulties.
The full MarketWatch site will return shortly."

SteveMT's picture

Crude oil is crashing at $81.80/barrel.

Like gold, the price of producing and refining crude is increasing while the actual cost is decreasing. This tune sounds very familiar. This is more manipulation, this time with paper oil. Reasons: #1 - Russia is a good guess. #2 - ending the fracking, shale oil boom is another. Who knows at this point.


Yep, The eye in the storm

Oil will go back to prices even higher than they were just before the upcoming holiday season.

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.

DJP333's picture

Jim Rickards interview 10-12-14

Interesting discussion includes info on ISIS, Russian attack virus embedded in Nasdaq in 2010, the close of the NYSE for 6 months in 1914, the $USD devaluation and inflation, Warren Buffett portfolio of cash and hard assets, China and its gold holdings, SDR's and bailouts, and the Yuan being included in SDR basket of currencies.


"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

Someone sold $750M of stocks in 28 milliseconds?

Was it the PPT?
This Is What Happens When Someone Is Desperate To Sell $750 Million Of Stocks
At 1532ET today (Columbus Day - with half the market absent), someone - apparently having waited to see if the almost 'ubiquitous' 330pm Ramp would occur - decided it was time to dump three-quarters of a billion dollars notional of US equity market exposure in 1 second. The results of this forced liquidation (or utter disregard for fiduciary duty) were as follows...

A complete collapse of all liquidity in the S&P 500 e-mini futures contract - the world's most liquid equity exposure vehicle...

The liquidity evaporation began at 15:32:37 after 4,492 eMini contracts were dumped in 28 milliseconds $ES_F $SPY
— Eric Scott Hunsader (@nanexllc) October 13, 2014

SteveMT's picture

DOW holds neutral all day, then drops 223 in last 2 hours.

Did the PPT take Columbus Day off?
Manic-Buying Turns To Panic-Selling As 'Illiquid' Stocks Plunge To 5-Month Lows
Just as we warned, liquidity was incomprehensibly low today (below normal pre-market levels during the peak of the trading day) and the intraday whipsaws were meteoric as a closed cash bond market enabled the slightest twitch in USDJPY to send S&P algos into conniptions. Biotech crashed. Trannies were ripped ridiculously higher at the open - then collapsed into correction (-11% from highs); US Airlines have fallen for 6 straight days, crashing 17% (with today's 7% plunge - driven by chatter over airborne Ebola - its biggest in over years).[emphasis me]

They left a little early.....

thinking everything was ok.

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

58 Minute "Educational" Interview On Gold/Silver,

With Koos Jenson of Holland, and Turd Ferguson of the USA:


Did you know the Chinese people hold about 11,000 metric tonnes of Gold, quite possibly in small amounts?


SteveMT's picture

Swiss National Bank: We don't want to hold gold

Swiss National Bank Explains Why It Is Against Repatriating Gold

The Swiss National Bank has lashed out at the so-called "gold initiative" efforts to "Save Our Swiss Gold" unsurprisingly proclaiming it as a bad idea. As Ron Paul previously noted, "The gold referendum, if it is successful, will be a slap in the face to those elites," [emphasis me] and so the full-court press ahead of the Nov 30th vote has begun (a la Scotland fearmongery) as SNB Vice Chairman Jean-Pierre Danthine explains how a 'yes' vote for the initiative "would severely constrain the SNB’s room for manoeuvre in a future crisis," as it "poses danger to the conduct of a successful monetary policy." His reasoning (below) is stunning...

A Gold Hit Piece, IMHO.

Any article that says Gold pays no interest or dividends is a hit piece on Gold, because;

Anyone in the world in every currency that bought Gold in early 2000 or before and still holds it has enjoyed a huge gain in all the paper currencies in the world on the Gold!

What other investment can claim that honor?


SteveMT's picture

DOW is down 330 points.

The extreme fluctuations are amazing. Glad that I've been out of this market since the last crash. Be careful for those still riding this roller coaster.

lmao... silver and gold

lmao... silver and gold starts to run so they pull this out of their asses.... Kitco can always be counted on to run interference.

SteveMT's picture

Panic-Buying Ensues After FOMC Minutes Unleash Weaker Dollar

If you liked King Dollar, you'll love Dumping Dollar... Gold, Treasuries, and Stocks are surging after the release of the FOMC minutes suggested The Fed will keep rates lower longer. The USDollar is dumping - just as The Fed suggested it was worried about a strong dollar. Stocks remain negative on the week and below the levels of the last FOMC...

DJP333's picture

Some strange activity today with gold...

dump and pump in action

"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

Some info on the Friday gold takedown


This whole episode looks like an attempt by the central planners to try shaking out any remaining weak hands who are left in the market. Consider the psychology the central planners employed here: They smash the price late Friday when London is closed and the weekend has already begun for most of the world -- meaning that the market is at its most illiquid time of the day and requires little ammo to paint the tape.

Then the remaining weak hands owning gold spend the weekend worrying about whether the price will be smashed again on Monday. They let emotion rule rather than logic, and they have the whole weekend to stew about it, which is exactly what the central planners wanted. That is the psychological tool they employed.

So the remaining weak hands dump on the Monday open, which opens lower as a consequence. But then the market turns around, and by the time London opens and the major physical market gets going for the day, a strong uptrend is underway.


"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

Silver Soars As The Dollar Dumps Most In A Year

Soaring is an overstatement. Metal is still a good buy.
"Following Friday's post-payrolls exuberance, the US Dollar crashed by the most in over a year today and stocks retraced most of their gains with only European data (weak) to base any momentum ignition on."


Jim Willie: Earth shattering World War madness

Jim Willie: Satanic insanity of banker cabal is now catastropic.


Immoral funding of Military Industrial Complex by Federal Reserve and US taxation system must stop!!!! End illegal/unconstitutional wars! Preserve US currency!

nice reversal this morning

I think we may finally have made the temporary low in metals that I've been looking for. I thought maybe we had a couple of weeks ago but changed my mind after a week of sideways action (before the drop to new lows). I am more confident of this one and, although I am still flat and wasn't even planning to trade this rally anyway, I may enter long on the next pull back because I justdon't see much downside risk over the NEAR term.