360 votes

>Gold $1,180 Silver $15.60 Platinum $1,180 Palladium $810 Dollar 89.60

............♘ 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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Even gold bubbles or melts, its value remains.

You are referring to dollar value it seems. Yes the dollar value of the GLD and/or SLV futures & options may will return to their intrinsic value, zero.

"Paper money eventually returns to its intrinsic value - zero." (Voltaire, 1694-1778)

Best wishes. Enjoy your travels.

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

always...

always another day.
Good luck tomorrow!

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

Lindsey williams said in sept

Lindsey williams said in sept oil will go to about 200$ in six months and jim rogers said we will see 200$ oil. When the oil price rises does metal fall or has that changed? Im new to this and my friend who i talked into this is getting nervous. hes talking about selling before it gets below the price he bought silver at. Is anyone selling?

Do not sell. Of course do

Do not sell. Of course do your own research but that is my advice. Economic conditions will continue to erode and that only fares well for commodities.

price drop does me no good

since silver eagles at apmex are now $4.50 spot and generic rounds are $3.00 spot.

maybe my local coin guy hasn't decoupled yet...

probably best at this point to start taking future silver purchases offline from your local dealer who would still be hard pressed to charge a high premium.

palladium got spanked today!

palladium got spanked today! make us bleed blythe like the little masochists that we are

SteveMT's picture

Did anyone check out the stock market's closing 45 minutes?

See spike, then re-spike, like the fabled PPT got their timing wrong!

just snagged a bit more @ 26.60ish

http://www.monarchpreciousmetals.com/index.php?option=com_co...

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

Stocks got a bounce up

today. Not huge, but up nonetheless.

SIERRAH is this you?!

SIERRAH is this you?! HAHA!

http://www.youtube.com/watch?v=Sa2OpNTX9Ck

lol I wish.. he looks better

lol I wish.. he looks better than I do :)..

Is gold following oil?

If so, oil may tank even further, according to Bloomberg News, since all the speculators are already in oil and may be getting out. One thing is for sure, gold moves independently of whatever the dollar does.

http://www.post1.net/lowem/page/livequotes

"I support the Declaration of Independence and I interpret the Constitution."

argghhh post market close

argghhh

post market close battering happening. someone call the police on this clear-as-day domestic violence act on PM's.

im getting extremely annoyed at the sheer audacity of such obvious dips at certain time periods happen everyday! Like i said before i cant even imagine having to have watched these shenanigans happen for years on end (decades even!)

Several smart guys in the room are calling a bottom formation with 'one more hit' to go to take it down to the 25-26$ range... and looking at the long term charts i cant imagine how a parabolic spike would be healthy or sustainable... but yet i remain thoroughly annoyed.

SteveMT's picture

All metals down, but is it that bad?

Metal Bid Ask
Gold $1,335.30 $1,336.30 ($6.80)
Silver $26.91 $26.96 ($0.53)
Platinum $1,804.80 $1,814.80 ($6.50)
Palladium $809.00 $814.00 ($3.80)

Updated:1/24/2011 2:28:47 PM CST

physical decoupling

right now silver eagles are $31.52 (around $4.50 over spot @$27) @ apmex. thats almost the same as i paid last week when spot hit $28.60.

keep stacking.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

2011 Option & Futures Expiration Calendars (one page each)

TakeAction,

Please consider adding this link to your forum introduction. It links to one page for Options Expiration & another page for Futures Expiration.
http://www.HeritageWestFutures.com/downloads/futures-options...

It is easy to save or print out for reference all year long. It is a handy reference identifying when US contracts expire. Other links I posted today were from COMEX subsidiary of NYMEX, but were smaller type & included many other contracts & lots of dates per contract.

This link is much simpler. The trading trends down a day or more just prior to option expiry. It dangles until after futures expiry. Then, generally up trend until the Monopoly Boyz play "Surprise Party" (Asain expirty the first week of the month; US non-farm unemployment numbers; Bernanke speech; head-of-state show-&-tell; etc.). This general trend has been going on for at least 15 years.
http://www.SilverBearCafe.com

Hope you folks find this useful.

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

I added

this I like it!! Thanks

Your welcome. Note sudden price dump seconds ago.

Silver suddenly dropped 30 cents to about $26.95.
Gold suddenly near $10 drop to about $1335.

Most of the drop occurred in a brief span of a few minutes.

As the Gold & Silver Options & Futures calendar for the US show...

  • Options Expiry = 1/27
  • Futures Expiry = 1/28 & 1/31

Expiry means "expiration" (as in: "expiration date"). Expiry is commonly used in writing about option & future contract end dates. Using this uncommon term allows me to wade trough less material to find what I seek.

Here is a Kitco interview forecasting Gold & Silver remaining low till month end; then, quickly recovering lost price movement back to previous highs in February. The trader didn't say that the end of February might be bleak as it commonly is any month lately... Expiry may be key to folks following the up & down prices. Little of this is written in the free press.
http://www.kitco.com/kitconewsvideo/kitco_news.htm

Kitco interviewee forecasts: Gold YE 2012 = $1,607; Silver = $48.5. Not shocking. Quite modest, it appears. Rather alarming that this interview was broadcast by Kitco. No counterpoint trying to explain why metals should be cheap.

Warning: Expiry applies to options & futures stocks, commodities, etc. Schedules subject to exchange rules, country of origin, whim, etc.

I doubt this post will add much to what you have already experienced; just following up to help others that are not used to these choppy ebbs & flows of liquidity.

Anyway, happy trading. Not really my forte.

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

Jim Rogers

Pointed out something extremely powerful though in his latest interview over at LewRockwell.com...

All commodities, with the exception of gold, are still valued well UNDER their all time highs. This is the free-market king of commodities investing talking here. Having made his billions...it's this guy I'd listen to rather than zealllc. Nothing against them...it's just that now that Ben "buzz lightyear' Bernanke is doing QE to infinity and beyond...it just doesn't seem there's any possible way that commodities as a broad index will be lower a year from this day.

fireant's picture

I don't view it as either/or.

Rogers is long term. He states he buys commodities when they are down and he buys them when they are up. His perspective is a bull market over the next decade or so, and I wholeheartedly agree. Zeal, on the other hand, is focused on intermediate trading the market swings within that long term bull. In that context. he makes a good case for an intermediate correction, and I think it worth noting for traders.

Undo what Wilson did

Looks to Me

Looks to me like we have probably hit a near-term bottom, and the window of opportunity for advantageous buying may be about to close.

A 10% dip in the price, or more, as we have just experienced, gives the retail buyer an opportunity to buy in with a savings equal to or greater than the dealer's buy/sell spread. This takes some of the sting out of selling when you have to, assuming the long term price trend continues to be upward. That is, after all, the expectation of silver bugs.

Our keepers try to convince us that there is no inflation. We went shopping yesterday and found prices for goods and services up since Christmas anywhere from 5 to 25%.

I'm still thinking 25.00 to

I'm still thinking 25.00 to 26.00 Notice silver is up .50 tonight but it was that way a few days ago then got hammered. I still think we may have a ways to go.

About the first week in February we should start to see the rise.

Lets see

where metals are 1 year from now....Guess?

ok this is my wildest dream

ok this is my wildest dream estimate.

1 year from today. Silver passed 500.00 Gold hovering around 1500.00

The week

BEGINS up....

fireant's picture

And then?

Good call, but "begin" is now over, so what next?

Undo what Wilson did

Well.........for the past couple of weeks

The price goes down...and then gets whacked down in the morning when the US markets open.....

SIERRAHPBT,

I think that you DO believe in the silver snake-oil that you are peddling on this thread.

But ... on one post, you are saying that you have been into silver since 2003,

then you post that you got into silver at $3.50/oz ...

http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx

hello ... silver has not been below $4.06/oz since the year 2000!

You really should try to post stories that are in accordance with recorded reality!

well lets put it this way..

well lets put it this way.. bought 3000 ounces in early 90's.. bought also many in 03.. yea my average price buy in is more toward 5.00 but who cares. vlbc..I really don't know what your problem is. You can call it silver snake oil and all that does is make you look stupid. from the early 90's at 3.50 to over 31 today.
I really just wish you would spill your agenda. like I said you are either very ignorant and do not look at facts, or you have an agenda so which is it? Are you one of those prechterites who never bought because prechter said it was going to go to 2.00 and never did so now you feel the need to lash out?
You missed the early boat and are frustrated? what is it?