Silver

http://www.youtube.com/watch?v=gnF1WDS_vyQ
What happens when banks close, financial systems rupture, and cash becomes incredibly scarce.

Barter.

The way mankind survived for thousands of years before banks and currency and even coinage.

Popular to contrary myth, barter can take up the slack. In the former Soviet Union fortunes were made trading industrial sized quantities of goods including the output of the entire factories.

Gold - N - Merchant Christmas Commercial
http://www.youtube.com/watch?v=ATkEIAYV6OA

He sells silver for $1.50 over spot for anyone that is friends with me!
So tell Kenny that when you call, you are Brian Frank's friend.

I want to buy some more silver about $5000 to $10,000 worth any advice from my fellow DP members?

Ned Naylor-Leyland, investment director for Cheviot Asset Management in London, who spoke at GATA's Gold Rush 2011 conference there in August, complains in a new Cheviot investment letter about JPMorganChase's manipulation of the silver market and the U.S. Commodity Futures Trading Commission's continuing facilitation of that manipulation. Naylor-Leyland's commentary is headlined "Silver, Gorillas, Madoff, and Financial Regulators -- Will They Ever Learn?"...and you can find it posted at the Scribd.com website.

http://goldsilver.com/article/race-to-debase-2011-q3-fiat-cu...

Welcome back to the Worldwide Fiat Currency Race to Debase!

Rounding out the third quarter of 2011 heading to the finish line for the year, we are again tracking the performance of gold and silver bullion versus 75 different dying fiat currencies around the world.

Through the 3rd quarter of 2011 gold appears to be running away with another annual victory in value!

Last week there was a major paradigm shift that should trouble all precious metal holders including myself. The problem is that most of the precious metal market is no longer rooted in the value and scarcity of physical material.

Most of the reports about the huge Metals sell-off (silver from $44 down to $30) are identifying the cause as "strong demand for the U.S. Dollar".

The Dollar index has indeed risen to nearly 78 (from the low-mid 70s), but this raises a few questions here:

1. Why would the U.S. Dollar be rising in value? There has been no credit tightening, no major reductions in U.S. Debt, no end to the U.S. Wars and overseas spending, and no announcements by the Federal Reserve of any big shift in policy. So why the jump-up?

2. The colossal nosedive in Metals is totally out of proportion with the relatively moderate uptick in the U.S. Dollar. So why would Metals crash altogether (and yes I consider a $44 => $30 cliff-dive to be "a crash").

3. Obviously the Metals market is manipulated, but there has been no new big events like Goldman Sachs going bankrupt, or a CitiBank meltdown to shock the market, or trigger some new manipulation like 2008. Yet it sure feels like we are in a deflationary 2008 meltdown. So what explains this?

The following story is not a happy one for people investing in silver - Unless you haven't bought any yet.

Yesterday a sunken World War II ship was found off the coast of England with over 240 TONS of silver aboard.

The American company who found it will get to keep 80% of the profits when they recover it next year.

Hard to say the effect it will have on the price of silver but one thing's for sure - it will add a lot to the supply and you know what that means.

More here...

http://www.wealthwire.com/news/metals/1922

Sweden's Monetary History

STANDARD MONEY Period Comment

Copper 1668-1709
Paper 1709-1719 Suspected bank panic
Copper 1719-1745
Paper 1745-1776 Suspected bank panic
Silver 1777-1789
Paper 1789-1803 IRREDEEMABLE notes issued by the Debt Office came out, pushed out Riksbank redeem notes
Silver 1803-1809

http://youtu.be/40MBdt1BQgE

Rather than collecting from the public trough, I decided to put one of my silver pieces on ebay so I can pay some bills coming up. I am donating 15% of the winning bid to the Ron Paul campaign so if you are looking for silver and would like to help out this unemployed DPer and the Ron Paul campaign at the same time here's an opportunity to do both.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=250896192657

Updated silver lawsuit identifies Morgan trading mechanisms, traders, 'spoof'' and 'fake' trades September 16, 2011
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/...

An updated complaint in the class-action lawsuit against JP Morgan / Chase alleging manipulation of the silver futures market, filed this week in U.S. District Court for the Southern District of New York. Details provided on mechanisms of the manipulation & some trades executing it.

Posting these highlights for anybody who didn;t see

With an avalanche of ever-tantalizing news stories and upcoming nail-biting scheduled officialdom events in both Europe and the U.S. all hitting the gold market at once in September, discerning the story that could propel some distance from Jim Sinclair’s exosphere target of $1,764 in the gold price weighs heavily in favor of the WikiLeaks story and its potential explosive impact on the price of gold from today $1,900 print to Sinclair’s ultimate target of $12,000+.

The live discussion is over, but here is the clip on youtube if anyone is interested:

http://www.youtube.com/watch?v=-evnIE-qahI

Doug Casey
Michael Maloney
Lew Rockwell
John Mauldin
David Galland
Oliver Garet
Bud Conrad
Terry Coxon