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Gold And Silver Are Spiking

Tyler Durden's picture


Following this morning's smackdown, it appears low prices encouraged demand and in the last few minutes, gold and silver turned green for the day and surged on heavy futures volume back above $1250 and $20.25 respectively.



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Mon, 01/13/2014 - 12:12 | 4327248 TeamDepends
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Mon, 01/13/2014 - 12:24 | 4327318 XAU XAG
XAU XAG's picture



will be a great year for volatility!


Mon, 01/13/2014 - 12:28 | 4327339 nope-1004
nope-1004's picture

<-- Gold to test 1280

<-- Gold will continue to be capped at 1250

Mon, 01/13/2014 - 12:36 | 4327364 Ignatius
Ignatius's picture

Got to hold the close above $1250.  Then we'll see.

Mon, 01/13/2014 - 12:39 | 4327383 AllThatGlitters
AllThatGlitters's picture

Gold is already over $1250:

Live Gold Chart:

Live Silver Chart:

Whether it stays there or not, I don't know.

It's fun when it is up for a change though.  Will it stay capped? Today, I don't know. Long term, it will not.

Mon, 01/13/2014 - 12:51 | 4327432 fonestar
fonestar's picture

So I'm confused.... is it the "dollar" you are excited about or the metals?  

Also, supposing you are a real anarchist or libertarian, why is it important to have "dollars"?  If you are honestly interested in metals (I don't think you guys are because you're a bunch of fakes) why not circulate a silver coin not issued by government, free from any government markings, made of silver and call it "silver coin"?

Mon, 01/13/2014 - 12:54 | 4327446 markovchainey
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You mean like the Liberty Dollar guy who was arrested and all his coins confiscated?  Maybe that's why not...

Mon, 01/13/2014 - 12:57 | 4327460 fonestar
fonestar's picture

Perfect example.  Von Nothaus was a "stacker" who had some balls.  The rest of you on the other hand....

Mon, 01/13/2014 - 13:05 | 4327504 ncdirtdigger
ncdirtdigger's picture

Maybe you can be like the TV anchorman and show us your bitcraps to prove you have some?

Mon, 01/13/2014 - 13:08 | 4327517 fonestar
fonestar's picture

Belive me, it's not just Bitcoin you guys don't understand.  It's gold, silver and the theory of sound money that you don't understand.  Either that, or else you're a bunch of pussies.

Mon, 01/13/2014 - 13:14 | 4327533 AllThatGlitters
AllThatGlitters's picture

You stated:

If you are honestly interested in metals (I don't think you guys are because you're a bunch of fakes) why not circulate a silver coin not issued by government, free from any government markings, made of silver and call it "silver coin"?

Um, ever heard of a little something called a private mint?  They make things called Rounds and Bars, which are not issued by government, free from any government markings, made of silver. They just so happen to not be called a "silver coin." They can be denominated in any currency you like.

Your statement above proves you to be the ignorant charlatan that you are.

Mon, 01/13/2014 - 13:19 | 4327554 AllThatGlitters
AllThatGlitters's picture

Furthermore, I think you are pissed because BTC is still under $900, after you relentlessly pumped it at over $1200. And yes, that is priced in dollars, which is exactly what the junk at Overstock is priced in first, before you try to exchange your declining BTC for it.

Mon, 01/13/2014 - 13:24 | 4327576 fonestar
fonestar's picture

Bitcoin is declining?  Wow, you must be a real idiot to believe that... in five years it's gone from $0 to over $1000.  Yeah, that's a pretty big "decline" fool.


Mon, 01/13/2014 - 13:33 | 4327586 nope-1004
nope-1004's picture

I believe Bitcoin is a government initiative.  A digital currency gaining widespread acceptance, as opposed to anything else that can't be easily tracked and traced (like cash and PM's), is the give away.


Mon, 01/13/2014 - 13:41 | 4327619 AllThatGlitters
AllThatGlitters's picture

Excuse, my post below fonestar.

That should have been $1200 - $800 = ($400).  It's declining so fast that I can't keep up.

But you keep pretending it has grown since you turned on the pumping afterburners at $1200.

I might start a fonestar pump index and check the correlation between BTC tops vs. fonestar pumps. I bet it is quite high.

Mon, 01/13/2014 - 13:51 | 4327668 fonestar
fonestar's picture

Bitcoin is a real market.  The charts above are not real and have nothing to do with gold and silver.

Bitcoin will go to six and seven figures.  The idiots on this site will still be idiots without a clue as to why.

Mon, 01/13/2014 - 15:41 | 4328046 Jack Napier
Jack Napier's picture

Making generalizations of an entire demographic merely showcases your own ignorance. We're a "group of folks", not an individual. I don't disagree that BTC could go to the moon in dollar terms, but dollars are the worst thing you could be holding. When SHTF do you think farmer Bill is going to want digital currency or some silver? You can be rich and be a slave to the beast system with BTC, or you can be rich and free with metals. It's not that complicated.

Tue, 01/14/2014 - 03:04 | 4329936 kodachrome
kodachrome's picture


Bitcoin crash from 1200 to 800... Durrrhrhrhrhrhrhrh.

Call me when it hits 12 dollars if you want to say that it's crashing.



Mon, 01/13/2014 - 13:44 | 4327647 fonestar
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"I believe Bitcoin is a government initiative.  A digital currency gaining widespread acceptance, as opposed to anything else that can't be easily tracked and traced (like cash and PM's), is the give away."


Wow you must believe a lot of crap then hey?  Because I run in much more technical circles than most of you and nobody I know owns any Bitcoin.

Mon, 01/13/2014 - 13:59 | 4327680 AllThatGlitters
AllThatGlitters's picture

You said:

Because I run in much more technical circles than most of you

LOL. Can I get you to cite your source for this?

For somebody that keeps presenting themselves as an intelligent, logical and technical kind of guy, I see an awful lot of assumptions and twisted observations regarding "non-believers" or agnostics being used to support what appears to be a religious belief in some computer bits. Not sure I want to follow the advice of a highly emotion-driven creature wearing blinders.

Mon, 01/13/2014 - 14:33 | 4327811 fonestar
fonestar's picture

You accuse me of ad-hominem attacks and yet none of you have ever bothered to reply to question of why you are excited about fake markets that have nothing to do with gold and silver?  Or why if gold and silver are already money it requires government stamps to make it usable money?

So I guess what I'm asking in a nutshell, is why braindead mind control experiments can't see they're braindead mind control experiments?

Tue, 01/14/2014 - 11:15 | 4329219 CitizenPete
CitizenPete's picture

I can understand why someone to entrenched in the Statist paradigmn would give the answers you do.  Try this -- read a book. 

Tue, 01/14/2014 - 00:47 | 4329769 StychoKiller
StychoKiller's picture

WHY would I hand someone a Toz of Ag (for petrol, for example), when most of the Ignorati are fat, dumb and happy to accept a piece of paper with A. Jackson's picture on it?

"Being fat, drunk and stupid is no way to go through life, son."

Mon, 01/13/2014 - 16:44 | 4328277 silvermail
silvermail's picture

Bitcoin is a new project.
Nothing else can discredit any new project so efficiently, as its discredits the unconditional support of the idiots side.

Mon, 01/13/2014 - 13:28 | 4327594 AllThatGlitters
AllThatGlitters's picture

$1200 - $900 = ($300).  Simple math. Idiot indeed.

I must have missed your 100 posts per day at $0.

I'll be sure to pay more attention next time.


Mon, 01/13/2014 - 13:35 | 4327614 fonestar
fonestar's picture

Oh no!  A pullback fool!  And go back and check my posts, I was saying all the same things at < $50 BTC.  

We've never seen a product like Bitcoin that has so many advantages over its competition in history.  Your "dollars" are over man, and your fake libertarians are not going to have jack-shit left to rescue.

Mon, 01/13/2014 - 13:48 | 4327661 AllThatGlitters
AllThatGlitters's picture

33% is a pullback and my dollars are over man?

Now you pretend that people invested in precious metals are somehow dollar lovers?

LOL. Your despearation is showing.

The utter lack of logic in your responses and your ability to twist A into Z proves that you have gone off the deep end.

You are just a wounded animal, lashing out.

Your volume of posts at $1200 was likely 10X your posts at <50, as was your speculative investment in BTC.


Mon, 01/13/2014 - 13:57 | 4327685 fonestar
fonestar's picture

My volume of posts has been consistent the whole time from $50 - $1000 BTC.  You don't like precious metals, you're fake!  I like precious metals because I have told my employer I would rather be paid in physical silver and Bitcoin.  You're pathetic scam artists that will become emotionally invested in some "leader" (claiming to be a libertarian) who can start the paper rectangle-gold scam over again.  I heard there's going to be a Bush 3.0, sounds like the perfect ticket for dunces like you!!

Mon, 01/13/2014 - 14:04 | 4327702 AllThatGlitters
AllThatGlitters's picture

LOL. Yeah, I don't like precious metals because I don't buy BTC. That is some twisted logic.

And more assumptions.  Find one post where I even talk about Libertarianism, or any Libertarian leader. You won't.

Your assumptions and backwards logic are embarrassing for you, but I'm sure that you believe it will do a great job getting people to put their wealth into BTC. Keep it up.

fonestar, you are true study in how not to promote something, LOL. You better read up on the art of persuasion real quick or your masters are going to cut off the paycheck for your posts.

Mon, 01/13/2014 - 14:15 | 4327745 fonestar
fonestar's picture

I don't want to "promote" Bitcoin to fucking idiots.  I don't want the likes of you on my team and Bitcoin does not need wide-scale adoption to make five, six and seven figures.  If you haven't grasped Bitcoin by now, you are not going to ever grasp it.  Tough shit, volunteer as historical roadkill and get killed.

Mon, 01/13/2014 - 14:33 | 4327809 AllThatGlitters
AllThatGlitters's picture

LOL. Did I hurt your feelings?  You are a real treat.  A little too thin skinned, but that's what makes you so funny.

Mon, 01/13/2014 - 14:35 | 4327817 fonestar
fonestar's picture

I bought BTC at $16.  I was on here proclaiming the supremacy of BTC at $50.  I am still on here predicting a BTC victory at $900 BTC.  The ultimate outcome of this is very simple and straight-forward for those that truly understand sound money and technology.

Mon, 01/13/2014 - 15:50 | 4328084 akak
akak's picture

Bitcoin is the Debil!

Mon, 01/13/2014 - 16:06 | 4328130 quasimodo
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"I don't want to "promote" Bitcoin to fucking idiots"

Perfect! Surely you think we all fall under that umbrella. Before you leave, for good, please go and fetch the rubber ball I am about to throw into heavy traffic.

Wed, 01/15/2014 - 20:41 | 4336032 MeelionDollerBogus
MeelionDollerBogus's picture

these are the 7 figures bitcoin will make:
$USD 0.0000001

Wed, 01/15/2014 - 20:40 | 4336028 MeelionDollerBogus
MeelionDollerBogus's picture

your posts for btc < $100/ea pretty much are near zero.

Wed, 01/15/2014 - 20:38 | 4336014 MeelionDollerBogus
MeelionDollerBogus's picture

no, you weren't. I've been watching all the comments for years & that comment from you never happened.

Wed, 01/15/2014 - 20:37 | 4336011 MeelionDollerBogus
MeelionDollerBogus's picture

math iz fer shillz! th3 bitcoinz haz the invulnerablez!

becuz of the mathz...

...oh wait

Fri, 01/17/2014 - 18:35 | 4336003 MeelionDollerBogus
MeelionDollerBogus's picture

You're on LSD: Low-esteem Sourced Delusion.
Bitcoin's never getting up to 1200 again, it's slamming down to 900, then 500, then 200, then $2 then it's done.

Dropped to 868 today... you're gonna be real butt-hurt at 86.8 usd/btc!

Wed, 01/15/2014 - 20:33 | 4335997 MeelionDollerBogus
MeelionDollerBogus's picture

just imagine how he'll react when it hits $90!

poor little shillionaire...

Mon, 01/13/2014 - 13:21 | 4327560 Abitdodgie
Abitdodgie's picture

fonestar , you speak the truth , be carefull people do not like that around hear.

Mon, 01/13/2014 - 13:34 | 4327612 superflex
superflex's picture

He speaks what his handlers at the NSA tell him to speak.


Mon, 01/13/2014 - 13:36 | 4327620 fonestar
fonestar's picture

It's you that is a fake shill for the establishment.  Not that your conspiracy addled brain could even comprehend that though.

Mon, 01/13/2014 - 14:11 | 4327718 Jonas Parker
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"Believe me, it's not just Bitcoin you guys don't understand.  It's gold, silver and the theory of sound money that you don't understand.  Either that, or else you're a bunch of pussies."


I sure am glad you were here to tell me how stupid I am. Meow!

Now let me invest in some of those digital "0s" and "1s" again. I feel so much more secure now...

Mon, 01/13/2014 - 14:27 | 4327787 fonestar
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If Bitcoin only becomes a currency for the technically sophisticated minority I am perfectly fine with that.

Wed, 01/15/2014 - 20:29 | 4335981 MeelionDollerBogus
MeelionDollerBogus's picture

by definition a currency must be for everyone, not just for a minority.

Wed, 01/15/2014 - 20:28 | 4335977 MeelionDollerBogus
MeelionDollerBogus's picture

you don't even know what intrinsic value is - you're unqualified to critique others.

Mon, 01/13/2014 - 13:09 | 4327519 TeamDepends
TeamDepends's picture

He has virtual balls.

Mon, 01/13/2014 - 13:11 | 4327523 Papasmurf
Papasmurf's picture

You mean like the Liberty Dollar guy who was arrested and all his coins confiscated? 

That idiot stamped "Dollar" on his coins.  If he has stamped them 1oz  .999 Silver he would have been okay.

Mon, 01/13/2014 - 13:19 | 4327555 markovchainey
markovchainey's picture

I definitely think he screwed himself by doing that argument here!

Mon, 01/13/2014 - 13:25 | 4327579 fonestar
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Last time I checked the Fed has no copyright on the word "dollar".


Mon, 01/13/2014 - 13:39 | 4327635 Papasmurf
Papasmurf's picture

You have so much to learn!

Mon, 01/13/2014 - 13:47 | 4327655 fonestar
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And have the "stackers" got together with their local chamber of commerce?  Business leaders?  Hosted seminars about accepting their silver rounds?  Nope, nope, nope.  Have they done anything at all besides occasionally bitch online?  Nope.




Mon, 01/13/2014 - 20:28 | 4329007 Hobbleknee
Hobbleknee's picture

Several states and even local governments are moving in that direction:

Gold & Silver Legal Tender Legislation Status by State
Mon, 01/13/2014 - 16:22 | 4328187 JuliaS
JuliaS's picture

Run this experiment:

Scan or download an image of the US dollar. Open it in Photoshop (if you dont' have it, download a trial version off Adobe). Hit "Print". You'll be surprised what you find out.

Mon, 01/13/2014 - 17:18 | 4328398 fonestar
fonestar's picture

Most printers block you from being able to print dollars.

Mon, 01/13/2014 - 19:22 | 4328765 JuliaS
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See if you can even get as far as the printer.

Wed, 01/15/2014 - 20:20 | 4335951 MeelionDollerBogus
MeelionDollerBogus's picture

that depends.
By law, coinage act & constitution, no.
By act of guns, SWAT teams & arrests - they absolutely have that power.

Wed, 01/15/2014 - 20:20 | 4335945 MeelionDollerBogus
MeelionDollerBogus's picture

he didn't call them silver coins, he called them DOLLARS.
Despite the coinage act in the USA actually supporting his actions as lawful, the terrorist USA government insisted on shutting it down because what he was doing was real counter-terrorism and what they are doing is real terrorism.

Mon, 01/13/2014 - 16:21 | 4328061 silvermail
silvermail's picture

@ fonestar

I have not read what you wrote. I do not have time now, sorry. But just in case, I put you minuses everywhere. 

Please do not be offended, it is only as usual, out of habit and mechanical. 

Mon, 01/13/2014 - 17:57 | 4328520 Drifter
Drifter's picture

"why not circulate a silver coin not issued by government, free from any government markings, made of silver and call it "silver coin"?"

Actually that's what the founders intended, any gold/silver coin people would accept in trade was legal money in America, regardless of who minted it.

No, it wasn't limited to gold/silver coins minted by the US govt. 

Wed, 01/15/2014 - 20:16 | 4335933 MeelionDollerBogus
MeelionDollerBogus's picture

SBSS is already doing that. It's hard for everyone to do their own because dies & presses are expensive no matter your measure of energy or trade-units.

you can order them on

Mon, 01/13/2014 - 12:37 | 4327373 Keyser
Keyser's picture

Yes, it spiked right after the usual 8:00am EST monkey hammer. TPTB must be running out of ammo as their efforts haven't kept PM's down since the first of the year. 

Wed, 01/15/2014 - 20:14 | 4335923 MeelionDollerBogus
MeelionDollerBogus's picture

ummm yup. Sure thing.

Mon, 01/13/2014 - 12:39 | 4327378 AllThatGlitters
AllThatGlitters's picture

Anybody say Gold Bitchez yet?

Mon, 01/13/2014 - 13:00 | 4327472 Kaiser Sousa
Kaiser Sousa's picture

$1250 - dont matter...

$20 and change - dont matter....

as long as theyre at these phony paper price valuations they R CHEAP!!!!!

until Silver is triple digits priced in debt coupon dollars STACK........



Mon, 01/13/2014 - 13:14 | 4327537 Kaiser Sousa
Kaiser Sousa's picture

under the radar....The game is about over......


Jan 10 (Reuters) - The Shanghai Gold Exchange plans to launch an international board in the city's pilot free trade zone in the first half of this year to attract overseas capital to invest in China's gold market, local media reported on Friday."We are pushing for the international board to be launched during the first half," Song Yuqin, deputy general manager of the Shanghai bourse, was quoted as saying in the Shanghai Daily.


"It will definitely be launched within the year," Song said, adding that the contracts on the international board will be priced in yuan instead of foreign currencies. The bourse is now looking for a site for a bonded warehouse in the zone, he said. The Shanghai free trade zone, launched in September, is intended to test profound reforms to the country's economic and financial system, including liberalisation of China's currency regime and interest rates.


The Shanghai Gold Exchange is the world's biggest physical gold exchange. All buying and selling of spot bullion in China has to happen through the exchange.



Mon, 01/13/2014 - 14:58 | 4327884 Jonas Parker
Jonas Parker's picture

and "goodbye COMEX!"

Mon, 01/13/2014 - 12:38 | 4327380 Silveramada
Silveramada's picture

test of 1260/20.60 coming soon...

Mon, 01/13/2014 - 13:04 | 4327498 Ulterior
Ulterior's picture

<-- GOLD to reach 1500 by the end of the year

<-- GOLD to reach 900 by the end of the year

Wed, 01/15/2014 - 20:10 | 4335906 MeelionDollerBogus
MeelionDollerBogus's picture

gold to 2500 by end of 2014.

Mon, 01/13/2014 - 12:26 | 4327327 Overfed
Overfed's picture

Put away the champagne and the stogies. It's only  temporary.

Mon, 01/13/2014 - 12:52 | 4327436 holgerdanske
holgerdanske's picture

I don't think it is a religious experience. LOL.

If anything it is a manipulated scheme run by the bankers and the governments throughout the world. Their power is being threatened when people start waking up and buying gold.

I can't understand that it has been going on for so long, but I know, sooner or later, it will fail. What are a cuple of talking heads with their paper junk as opposed to 6000 years of history?





Mon, 01/13/2014 - 12:14 | 4327259 superflex
superflex's picture

Wake me when the real spike happens.

Mon, 01/13/2014 - 12:18 | 4327291 TeamDepends
TeamDepends's picture

Wake up, it has begun!

Mon, 01/13/2014 - 12:54 | 4327445 fonestar
fonestar's picture

Gold and silver are not spiking.  You either accept this is a fake market or you don't.

Mon, 01/13/2014 - 13:13 | 4327529 Papasmurf
Papasmurf's picture

I down-arrowed you, not for your comment, but because you don't have a clue to be making such a comment with any veracity.  You still think bitcoin is money when it's only a currency.

Mon, 01/13/2014 - 13:32 | 4327603 fonestar
fonestar's picture

Oh, I am verifiably making this comment with much veracity.  The chart posted above is not a chart of gold and silver.  In fact it has nothing to do with gold and silver (which are elements found in the Earth).

Wed, 01/15/2014 - 20:07 | 4335895 MeelionDollerBogus
MeelionDollerBogus's picture

you still think bitcoin is currency when it's not currency or money - it's a bit-ponzi finding bag-holders so as to produce excess transfer of dollars, not for purchasing, but for pure speculation and lots of theft in the middle with exchange-accounts being closed without explanation, transactions also being irreversible so nothing of value ever, EVER, needs to be delivered to get bitcoins.

Mon, 01/13/2014 - 13:28 | 4327591 Abitdodgie
Abitdodgie's picture

Dont upset the "stackers" the Bankers have thrown them a bone this morning only to rob them again later in the week , but they dont get it Goldcoin and silvercoin stackers , a new logic.

Mon, 01/13/2014 - 14:16 | 4327750 fonestar
fonestar's picture

Most of the "stackers" on this site are simpletons and blockheads.

Mon, 01/13/2014 - 15:02 | 4327901 Jonas Parker
Jonas Parker's picture

Sounds like "fonestar's" battery is about to go flat...



Mon, 01/13/2014 - 15:10 | 4327922 Simplifiedfrisbee
Simplifiedfrisbee's picture

The volatility of your currency of choice is a direct reflection of yourself. You provide nothing to anyone with such a demeanor. Again, if B-Coin holders and the network share your views, that alone reinforces my position to resist it. I am not opposed to B-Coin, I am opposed to you and your type. You offer no value of true substance and no understanding to anyone to become a leader in any regard. You will implode and can only blame yourself. After you do, humble yourself and assist when the opportunity arrives.

A wise man once said, "Fanatics obtain information and knowledge that educate them straight into stupidity."

Mon, 01/13/2014 - 15:11 | 4327937 mt paul
mt paul's picture

simpletons and blockheads.


with a stack ...

Mon, 01/13/2014 - 12:14 | 4327262 Troll Magnet
Troll Magnet's picture

Come on now...When they drop it's manipulation, when they rise it's heavy demand?

Mon, 01/13/2014 - 12:16 | 4327272 Central Wanker
Central Wanker's picture

When it rises, it may be short covering.

Mon, 01/13/2014 - 12:53 | 4327438 Sudden Debt
Sudden Debt's picture

nah, all that matters is breaking the 50 mda to the upside and than we can go to 23.5$ and than there's money to be made in options to finance the real stacking!

Mon, 01/13/2014 - 12:17 | 4327281 NotApplicable
NotApplicable's picture

Dear Magnetic Troll,

You'd find yourself much more credible if you stopped putting words into others' mouths.


Mon, 01/13/2014 - 12:20 | 4327295 greatbeard
greatbeard's picture

>> When they drop

One needs to have the intelligence to grasp price/volume/time action in order to see what they are speaking of.  You are out of your element and making yourself look foolish.  Your mother wouldn't be proud.

Mon, 01/13/2014 - 12:43 | 4327404 ejmoosa
ejmoosa's picture

When it's rising, the manipulation is not sufficient.

Mon, 01/13/2014 - 12:54 | 4327448 Lewshine
Lewshine's picture

TM, you fart sniffin dimwit, is the stock market as pure as the driven snow in your world too?? GEEZ, what else is wrong with you??

Wed, 01/15/2014 - 19:57 | 4335847 MeelionDollerBogus
MeelionDollerBogus's picture

whoah betide us, iz the maniperlation!

Mon, 01/13/2014 - 12:15 | 4327265 Winston Churchill
Winston Churchill's picture

A bottom seems to have  been found.

Back up the truck.

Mon, 01/13/2014 - 12:28 | 4327334 TheCanadianAustrian
TheCanadianAustrian's picture

2 hours ago, I placed an APMEX order for 2oz of gold and 125oz of silver. I feel like there's too much anticipation for the "big seller" to come back, and at some point people will lose their patience and start buying.

Mon, 01/13/2014 - 13:24 | 4327572 Winston Churchill
Winston Churchill's picture

My truck is an eighteen wheeler , not a Dinky toy.

Sold my RE, and everything else in the last six months just for this moment.

Just want to see tonights overnight action, before fat fingering an order.

Mon, 01/13/2014 - 15:05 | 4327914 Jonas Parker
Jonas Parker's picture

Yup! I bought about 4 days ago... As long as I can get gold and silver for paper, I'm a happy camper.

Mon, 01/13/2014 - 12:18 | 4327286 greatbeard
greatbeard's picture

I need a brief spike to $2K AU and $40 AU as I'm buying more property.  I don't need it for long, I promise.



Mon, 01/13/2014 - 12:24 | 4327315 indygo55
indygo55's picture

Hey Greatbeard, are there any good hobby farms still available in North Florida? Im in the South. 

Mon, 01/13/2014 - 13:08 | 4327515 greatbeard
greatbeard's picture

Yes.  If you really want to talk N Florida hobby farms you can email me at and I'll eventually get it.  They are not giving them away like they were two years ago but deals are still there.  I'm looking to relocate back down into SW Florida and I'm not liking what I'm finding.  After four years up here I think this is the nicest place in the country to live, all things said.  I'm not happy that personal issues have made me decide to move south.  You need to pick your property carefully because there's plenty of sandy scrub.  Anyway, if you are serious, drop me a line.

Mon, 01/13/2014 - 12:18 | 4327289 tallen
tallen's picture

Goldman's advice to short volatility in gold miners must be going fantastically.... I just look forward to when their gold call is wrong.

Mon, 01/13/2014 - 12:19 | 4327294 unrulian
unrulian's picture

.6% is a spike?...more like a 6 penny

Mon, 01/13/2014 - 13:39 | 4327634 GotNuttin'todo
GotNuttin&#039;todo's picture

No wonder I'm poor. I keep missing all those .6% moves.

Mon, 01/13/2014 - 12:21 | 4327300 Temporalist
Temporalist's picture

The Emperor Yellentine will crush the rebel alliance of conspiracy truth seekers and gold buggers.

Mon, 01/13/2014 - 12:21 | 4327302 G.O.O.D
G.O.O.D's picture

Quick sell all gold and buy bitcoin.

Mon, 01/13/2014 - 12:31 | 4327342 Grosvenor Pkwy
Grosvenor Pkwy's picture

Back up the virtual wallet distributed software system database!

Dogecoin to the moon!

Mon, 01/13/2014 - 12:34 | 4327358 Machine Parts
Machine Parts's picture

Bitcoin is for transactions.  Gold is for saving.  Currency is completely different than money.

Mon, 01/13/2014 - 13:17 | 4327545 Papasmurf
Papasmurf's picture

I up-arrowed you for remarking on the difference.

Mon, 01/13/2014 - 12:40 | 4327391 GaryBusey_thesi...
GaryBusey_thesilverstacker's picture

Why would I do such a stupid thing?

Mon, 01/13/2014 - 13:36 | 4327621 tmosley
tmosley's picture

Because people are idiots and as a result they seem to think you can only own one or the other.

Gold and silver used to be the only non-dilutable currencies out there.  Bitcoin is another one.  It is wise to be diversified and to take risk into account in your diversification.  Bitcoin has great promis, but remains much higher risk than gold or even silver, which have long track records and require PHYSICAL effort to steal, where bitcoin requires MENTAL/COMPUTATIONAL effort to steal.  This is why even a speculator like me doesn't own more than 10% BTC in his non-dilutable currency portfolio.  Non-speculators would do well to have 1-2%, or just a few bucks worth to get to know the system and how it works so they can use it to move money offshore safely and cheaply if they need to flee.

Mon, 01/13/2014 - 12:22 | 4327308 fijisailor
fijisailor's picture

So this means someone is going long.  Will they stand for delivery?

Mon, 01/13/2014 - 14:36 | 4327819 cro_maat
cro_maat's picture

Now that's funny!

Standing for delivery on the COMEX means being paper settled and told to be quiet. If you have a large enough position they might even give you a post at the CFTC with those fiat $.

Mon, 01/13/2014 - 12:24 | 4327320 Obama_4_Dictator
Obama_4_Dictator's picture

Wow, what I am going to do with all my new found wealth!  Time to finally trade those shiny things for property.....that's the spike I was waiting for!

Mon, 01/13/2014 - 12:27 | 4327330 frankTHE COIN
frankTHE COIN's picture

The Gartman Indicator.

Mon, 01/13/2014 - 12:27 | 4327331 fijisailor
fijisailor's picture

This is depressing.  Renewed faith in ETF PM paper.

Mon, 01/13/2014 - 12:28 | 4327335 Dr. Engali
Dr. Engali's picture

When gold jumps $100 or more then you'll have my attention. 

Mon, 01/13/2014 - 12:54 | 4327450 GotNuttin'todo
GotNuttin&#039;todo's picture

Exactly. Right now it is all just noise as we form a base.

Mon, 01/13/2014 - 12:28 | 4327336 youngman
youngman's picture

I always like green rather than is good....all the way to $5000

Mon, 01/13/2014 - 13:07 | 4327388 XAU XAG
XAU XAG's picture



Carefull what you wish for.............straight to $5000 would mean a whole lot of hurt for peeps (unless a reset by GOV).

Nothing in history has ever gone staright up 

It will zig zag (green to red, red to green) to $5000 and more over time.


Best of luck to all!

Mon, 01/13/2014 - 12:30 | 4327345 NoWayJose
NoWayJose's picture

Not too much longer before anyone with free cash that did not buy gold under $1300 and silver under $22 will wish that they did...

Mon, 01/13/2014 - 13:04 | 4327494 Long-John-Silver
Long-John-Silver's picture

Everyone thought I was insane when I made a big purchase of both Silver @ $17.50 and Gold @ $750. I cleaned out a 401-K account to do it. 401-K account manager: Are you really sure you want to do this? This is not a wise thing to do. Bank Manager: Are you really sure you want to transfer this money to a Precious Metals dealer? This is insanity! Wife: You did WHAT?! USPS Lady: Can you help me with these boxes? They weigh a lot for their size for some odd reason.

6 years later: They call me a genius.

Mon, 01/13/2014 - 12:32 | 4327350 NIHILIST CIPHER


Mon, 01/13/2014 - 12:38 | 4327375 ...out of space
...out of space's picture

and 1 month gofo is in negative era from 18.12.13

Mon, 01/13/2014 - 12:42 | 4327397 kragsquest
kragsquest's picture


Mon, 01/13/2014 - 12:47 | 4327417 XAU XAG
XAU XAG's picture



I will sell you mine now for $39K 



Mon, 01/13/2014 - 13:13 | 4327534 bluskyes
bluskyes's picture

Are you an editor for KWN?

Mon, 01/13/2014 - 12:43 | 4327402 TalkToLind
TalkToLind's picture

Quick, adjust the CNBC stock ticker!  Scroll those positive gold quotes once every 15 minutes.

Mon, 01/13/2014 - 12:52 | 4327435 GotNuttin'todo
GotNuttin&#039;todo's picture

I guess "smackdowns" and "spikes" are relevant if you are a minute-trader. But a daily range of $15 - that's usual. What's the big deal?

Mon, 01/13/2014 - 12:58 | 4327468 GotNuttin'todo
GotNuttin&#039;todo's picture

Hey ZH. Don't start looking like Kitco and beat to death every 1% move in the price of gold. Wait for it to form its base in 2014, breakout, and then run a respectable story.

Mon, 01/13/2014 - 13:01 | 4327473 juicemoney
juicemoney's picture

I'm not too concerned about short-term price variation, still cautiously in for the long haul.

Remember that Zero Hedge posted a while back about SGE's delivery numbers:

Keep in mind that the rest of the world trades gold too! There are expanding exchanges overseas...

New Russian Exchange:

Dubai expanding exchange:


The Crimex is enjoying it's limelight, once physical deliveries are stunted I think the price will be dictated by people who want physical in high demand markets... until then I'll wait for the dips and keep stacking!

And for those who blindly place faith in Bitcoin, I'll take silver instead thanks!

Mon, 01/13/2014 - 13:03 | 4327487 Siouxwestern
Siouxwestern's picture

Wouldn't a reasonable explanation here be that other large speculators have learned that with these regular clockwork smackdowns, you can make money by buying into the market, somewhat heavily, a few minutes after the smackdown. Like clockwork.


Mon, 01/13/2014 - 13:06 | 4327508 Sufiy
Sufiy's picture

Dr. Paul Craig Roberts: If the Currency Collapses & You Try to Flee Into Gold, There Won't Be Any 

 Dr Paul Craigs Roberts talks about all markets being manipulated and presents the big picture of the Gold market and ongoing QE by the FED. Gold price action became the threat to the FED's policies and Gold was smashed down to preserve the status quo and save US Dollar. Markets can not be manipulated forever and now we have the situation when bullion goes to the East and to China particularly with the very dear geopolitical consequences. There is no recovery in U.S. economy and there is no Jobs creation - we would like to mention that this interview was recorded before yesterday disaster with Jobs numbers of only 74k being created and collapse in labour participation numbers.

Mon, 01/13/2014 - 13:18 | 4327548 RaceToTheBottom
RaceToTheBottom's picture

When does the rioting start?

Mon, 01/13/2014 - 13:28 | 4327592 Winston Churchill
Winston Churchill's picture


August is always when it starts.

Wed, 01/15/2014 - 19:48 | 4335816 MeelionDollerBogus
MeelionDollerBogus's picture

rioting is so passe.
Roll the muthafuckin' guillotines

Mon, 01/13/2014 - 13:21 | 4327561 TaperProof
TaperProof's picture

Game is over, manipulation is a laughable joke now, people will buy all day long after a smack down now.  Suck it banker scum bags, suck it.

Wed, 01/15/2014 - 19:42 | 4335792 MeelionDollerBogus
MeelionDollerBogus's picture

indeed. The only end-game where the bankers keep the stackers out is to jump gold to 10k/oz and keep it there and do it in a month.

Mon, 01/13/2014 - 13:27 | 4327578 Hongcha
Hongcha's picture

I have no axe to grind against BTC being interesting as an alternative currency.

However, nations have been known to simply throw the kill switch on the internet.  You know, the switch our Messiah wants so badly.  That is what the iKidz Just. Don't. Get.

Burma threw the switch in the mid-aughts ... I was there in 2005 and you could get nothing but a couple pro-tatmadaw tourism sites.

BTC is totally vulnerable and dependent upon who controls the waves.

Precious metals alone are real.

Wed, 01/15/2014 - 19:41 | 4335788 MeelionDollerBogus
MeelionDollerBogus's picture

I know. It happens all around these iKidz all the while they say it-can't-ever-happen-you're-delusional.

Mon, 01/13/2014 - 13:34 | 4327608 Frank N. Beans
Frank N. Beans's picture

how exciting

Mon, 01/13/2014 - 13:35 | 4327615 Seeking Aphids
Seeking Aphids's picture

Last week I noted that the usual slap down of gold had failed and suggested it may have been a turning's repeat performance is a compelling argument that this hypothesis is indeed correct. I don't rule out swings up and down but it sure looks as though we are looking at the start of a new bull market in gold and gold shares. Today's take-over bid for Osisko may be the start of a whole series of such bids....I would expect Kinross to be on the chopping block if the big investors can get the cash together.............

Wed, 01/15/2014 - 19:40 | 4335772 MeelionDollerBogus
MeelionDollerBogus's picture

a market is longer than months, it's years to decades.
The gold bull market never stopped but it did have a consolidation.
Most certainly we'll see 2500/oz before 2014 is over. 3500 by 2016.

Mon, 01/13/2014 - 13:37 | 4327625 The Duke of New...
The Duke of New York A No.1's picture

Ring, ring, ring... ring, ring, ring...

> "Hello."

> "Hello, dis is da Bundesbank calling, we reciveed only 37.5 tons of our Gold in 2013, we were expecting deliver of another 50 tons of our Gold... where is it?"

> Click.

> "Hello, dis is da Bundesbank!, is anybody there, hello?, hello?, hello?... is anybody there?"

> Blank dial-tone sound.

Mon, 01/13/2014 - 14:01 | 4327697 El Hosel
El Hosel's picture

Gold shorts haven’t panicked yet, because they’re so accustomed to winning.... Stock Bulls have the same smell. Maybe the Boyz will be right again? Maybe the Vix will go to Zero. Maybe socks are still cheap.

Mon, 01/13/2014 - 13:58 | 4327688 Little Boomer
Little Boomer's picture

Hello Janet? This is Ben. ...oh...yeah, I keep the monkee hammer in the bottom left're welcome, bye.

Mon, 01/13/2014 - 14:17 | 4327754 Bastiat
Bastiat's picture

One way to see what's going on is a currency war with the US having sold most of it's gold (and everyone else's--sorry Germany) in the effort to suppress the gold price price in USD.  It really an effort to make the fiat appear more robust than it is.  With China's shift to aggressive accumulation currency war is on.  Now, as we run out of physical gold to "lease" out for delivery, we see our client states, Japan first and yesterday the Philipines, provoking China over disbuted islands.  You can't win the suppression game vs a sovereign with vastly more than enough USD to buy all the gold.  So the saber rattling starts and gets louder.  It all fits.

Mon, 01/13/2014 - 16:29 | 4328210 lasvegaspersona
lasvegaspersona's picture

tis sad what passes for a 'spike' these days....

oh and we are discussing 'gold' and not gold right?

gold= an elemental metal

'gold' = a variety of promises to deliver gold....someday....maybe....or maybe just to extend the promise of metal delivery...oh who are we kidding, there will never be metal delivery (in size) until the real price is finally admitted.

Garcon....bring me my Au plez

Wed, 01/15/2014 - 19:34 | 4335737 MeelionDollerBogus
MeelionDollerBogus's picture

but iz soaring thousands of pennies!!

Mon, 01/13/2014 - 21:18 | 4329154 Notarocketscientist
Notarocketscientist's picture

Meaningless --- in a totally manipulated market --- if the Fed doesn't like what it sees at some point they crash it.

You cannot trade gold based on any fundamentals.

And in any event is anyone actually trading?  Does anyone really give a fuck what the price is?

Do you really want it to go higher?

I don't - because I am NOT trading.  I am holding - and buying more when the fuckfaces crash it - please - please crash it to 800!!!!


Because I am holding gold for ONE PURPOSE ONLY.  I - like China - hold it knowing that at some point --- fiat currency, stocks, and bonds are going to collapse into a heaping pile of dung.  They will be WORTHLESS.

And the gold I am holding will as always - retain it's value - and ensure that I am not eating dog food like the stupid fucks who insist on chasing illusory gains from a stock market that without QE would blow into a million pieces.



Wed, 01/15/2014 - 19:26 | 4335704 MeelionDollerBogus
MeelionDollerBogus's picture

I'm doing both.
AGQ options for the giant rise before 2016 starts & bullion to stack since the prices are nice & low compared to what came before. Gold's still "expensive" vs my wage but it will be much more and not long from now.

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