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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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Yes

Yes, I meant "we", meaning the CB'ers. No they aren't working in our best interest, and I am no fan of what they are doing to the world population that includes us. I'm just considering that we may have a bunch of gold in our back pocket and may lay down the royal flush in the end. This could continue our slowly eroding way of life, but still maintaining the game for a long time instead tomorrows collapsing dollar.

Just a thought.

So pretty

Got some today

DJP333's picture

One Of Largest Russian Gold Miners On Verge Of Bankruptcy

As Siberian Times reports, founded by Eton-educated Peter Hambro, Petropavlovsk was valued at more than $3 billion four years ago and was a potential candidate to move into the coveted FTSE100. But today the firm is now worth just $60 million and is in a perilous financial situation, with speculation it may even default on $310 million in convertible bonds in February.

http://www.zerohedge.com/news/2014-11-10/one-largest-russian...

"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

China Aims For Official Gold Reserves At 8500 Tonnes

China should accumulate 8,500 tonnes in official gold reserves, more than the US, according to Song Xin, President of the China Gold Association, General Manager of the China National Gold Group Corporation and Party Secretary. He wrote this in an opinion editorial published on Sina Finance July 30, 2014. Gold is money par excellence in all circumstances and will help support the renminbi to become an international currency as “gold forms the very material basis for modern fiat currencies”, Song notes. In the short term the Chinese will not back the renminbi with gold (establish a fixed renminbi price for gold), but support it with gold so it has sufficient credibility for the world to accept it as a trade and reserve currency.

http://www.zerohedge.com/news/2014-11-09/china-aims-official...

"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

Its The Season

To buy gold and silver for all of those Mrs.Clauses everywhere in the world. Buy it for Burl lves in remembrance. To his song. silver and gold.

Money talks and dogs bark

DJP333's picture

Good weekly news wrap up with Greg Hunter

- Republican Landslide
- Financial war is raging between the West and Russia
- Silver Sells Out
- Ebola in NY
- Another investigation into JP Morgan


http://youtu.be/8l-BtPIEVzM
http://usawatchdog.com/wnw-165-republican-landslide-russia-w...

"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 futures surge, trading halted, then normalize.

Chaotic is the word for all markets these days. It's the new normal.

Silver prices smashed higher, futures were halted, then tumbled back.
http://www.zerohedge.com/news/2014-11-07/payrolls-reaction-a...

trading halt? wtf?

I don't see any trading halt. WTF is durden talking about? How long was the halt...less than 1 minute? Silver's range for the whole day was less than $1 and I'm sure it would take a much bigger move than that to trigger a halt. I don't even think there is currently a plan under which silver trading would halt, but if there was, any halt would last long enough to show on a chart. Also, I had my trading platform open at the time and even though I had no position open in silver I didn't notice any halt in trading, and no notifications were given about any halt in trading of silver futures. Conclusion: tyler durden is STILL a sensationalist idiot and completely unreliable.

DJP333's picture

Gold is interesting today too

Looks like someone is going on a buying spree.

"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

They unplug when they get a spike of less than a dollar?

They must have seen that spike go much higher, they unpluged the system to erase the data.

We all know the liars and criminals control the market, this would be second nature to them.

Surviving the killing fields of Minnesota

Todays brainwashing: GMO's are safe

Current Thoughts on Gold and Silver

I write about my current thoughts on gold and silver 5 days a week. I have made calls on JDST up about 100% from a few weeks ago to UGAZ (not gold related) up over 40% in just a week. Money can be made in up and down markets. For those interested, you can find my current thoughts here: http://bit.ly/goldcurrentthoughts

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

SteveMT's picture

Gold Forward Rate Most Negative Since 2001

Physical Gold Shortage Worst In Over A Decade: GOFO Most Negative Since 2001
11-6-14

The last time there was an systemic physical gold shortage was in July 2013. It is then that, for the first time in 5 years, the 1-month Gold forward offered rate, or GOFO, went negative. We said:

Today, something happened that has not happened since the Lehman collapse: the 1 Month Gold Forward Offered (GOFO) rate turned negative, from 0.015% to -0.065%, for the first time in nearly 5 years, or technically since just after the Lehman bankruptcy precipitated AIG bailout in November 2011.

http://www.zerohedge.com/news/2014-11-06/physical-gold-short...

silver down 5%

price of eagles are unchanged.

Nothing to see here, move along

Price of Eagles are not unchanged

Premiums have moved up 65 cents from beginning of yesterday. Rounds up 15 cents. 10 ounce bars up a nickel. One of my main suppliers is out of Canadian Maple Leaf coins until the 2015 release mid-December (other suppliers are ok) and the same supplier has delayed delivery of rounds till Dec. 11th (other suppliers are ok).

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

NO SILVER FOR YOU....

BWAHAHAHAHAHAHAHAHAHA.......

http://dont-tread-on.me/?p=33071

US Mint has Sold Out of Silver Eagles

http://www.dailypaul.com/328979/us-mint-sold-out-of-silver-e...

“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

DJP333's picture

The manipulation

would be almost comedic if the control they seem to have wasn't so damn scary! How long can they keep crashing PMs?

"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

The dollar, metals

congrats to sierra on the dollar index finally reaching the 78 handle (or as he calls it the ".78 handle"), as he has been anticipating from the 79.04 level over a year ago...

http://www.dailypaul.com/comment/3239712
http://www.dailypaul.com/comment/3240822

WHOOPS! WAIT A MINUTE! MY BAD! The dollar is actualy at 87, not 78. I guess I must have looked at it wrong.

LOLOLOLOLOLOL, sorry I couldn't resist poking him after all of his "look at that dollar soar" posts. That said, the dollar is due for a pull back to begin fairly soon.

Metals have ovbiously broken to new four year lows, but I am still flat. EWI places us near the end of a 5 wave decline from 2011. It probaly still has a little way to go, but when it finishes we should see a sizeable rally. It will be counter-trend and will be fully retraced in the next decline, but it's probably not too far away with bullish sentiment once again at rock bottom.

Inflation

That is all well and good, but the fact remains that rates can not stay at 0% forever. When they rise the USG won't be able to service the debt. From the perspective of the political elite, they only have one option... inflation.

DJP333's picture

Fabian Calvo

- look forward to a year of doubling down on cheap money
- system is so freaked out right now about there being an economic Edward Snowden (why you are seeing "suicided" bankers)

http://usawatchdog.com/unprecedented-money-printing-injected...

http://youtu.be/HZ-URSX3T8w

"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

an oz of silver at 15.12 this

an oz of silver at 15.12 this morning, gosh i hope this falls another 5 dollars

SteveMT's picture

Shale oil is getting fracked again today...$75.84

Crude oil was as low as $75.84 today. The price is recovering now at $77/b.

1972 SENATE HEARING HEART ATTACK GUN

finance minister Jim Flaretty MURDERED. Canada starts QE of its own. Who da thunk.......64 yr. old jimbo mysteriously dies of 1972SENATE HEARING HEART ATTACK GUN........

SteveMT's picture

Crude Oil Price going the way of metals, down. Now $78.37

Saudi oil Price manipulation is putting US fracking and Russia in some deep hurt.
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The Kingdom has raised prices of its Arab Light crude exports to Asia and Europe but cut prices to the USA significantly, potentially pressuring domestic suppliers with foreign 'cheap' imports.

http://www.zerohedge.com/news/2014-11-03/saudi-arabia-raises...

DJP333's picture

Inverted Totalitarianism....

Warren Pollock:

http://youtu.be/A6XoMNMDlQc
http://usawatchdog.com/damage-control-going-to-wear-off-in-2...

"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

Metals: onward and still downward this Sunday night.

The Dollar continuing upward seems to be the reason.

Seems to be the case.....

Dollar smashes through resistance as mega-rally gathers pace

HSBC says we are at the early stages of a dollar bull run that will change the world

http://www.telegraph.co.uk/finance/economics/11206596/Dollar...

Can't say I understand it...but there are some interesting comments, such as:

Djenghis • 7 hours ago
This is great news for the Dollar, and ultimately for the world at large.
What this signals is the desperation being shown by the USA to retain Dollar Dominance of the world. They have thrown everything into this, including the kitchen sink.
This is a "Do or Die" moment for them.
They have rigged everything in their favour, dropping oil and Gold prices as they go.

The really big question is, can they pull it off ?
I really don't think that they can.
Sure, short term things will look good for them, but ultimately those fundamentals are going to test their plan.
Give them their moment in the sun. Let them shine one last time.
In the End, this will all unravel for them. Their Debt will catch up with them, and it will destroy them.
I'm buying Gold and am ditching all my Dollars, while the going is good.

and:

TruthDestroysWorlds • 6 hours ago

"The trend is your friend"

And looking at the above graph. The long term trend is certainly not a good one.

Looks more like your typical 'dead cat bounce' to me.

With collapse soon to be resumed.

also:

paulw • 5 hours ago

Remember that rocket that was to re supply the space station ?

Looked tremendous until about 6 seconds after launch when it blew up - well that is this dollar rally ....

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

We are in a

monster deflationary moment. Credit is retracting, and at the same time inflation is hitting too. Food is through the roof. The Bank of Japan just printed another 10 Trillion Yen. Things are going insane. I look at this deflationary trend in real money (Metals) as an absolute gift. I will continue to buy all the way down. I really hope it goes lower. I traded a lot of paper money yesterday for real money. Did you?

In this case

catching a falling knife when it's slowly drifting down, handle presented, sure does seem to make a lot of sense. Regular buys for me and I've set a dollar amount to buy in place of previously buying a set number of ounces.

I'm spending the same but getting more shiny. It's a good feeling.