Largest Fraud in History: Precious Metals Market Manipulation Whistleblower on King World News

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Andrew Maguire is an independent metals trader turned whistleblower at the center of a storm for exposing what could be the largest fraud in history involving countries, banks and government leaders.

Adrian Douglas Board of Director from GATA, the man who Andrew reached out to joins in this interview where they discuss a fraud so extraordinary and so unimaginable that it is the kind of thing that only happens in Hollywood thrillers.

They also discuss the CFTC sponsored meeting on metals which was an unmitigated disaster because it additionally exposed the fraud on a grander scale.

More interviews & a followup from GATA in the Archive

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Found here/ pass it around!

http://www.silvermarketnewsonline.com/

I say again ... nowhere to go here..

JP morgan isnt dumb enough despite greed to get caught in a short meltdown.. all this creates false hope.. That's what I think.. Heck I buy some silver .. I think there must be a lot of silver somewhere...

Joe do yourself a favor and

Joe do yourself a favor and not be stupid like jeff34560987. go to www.butlerresearch.com. there are 10 years worth of articles there explaing this very subject. What has happened, what is happeneing and what will happen. There is NOT a lot of silver somewhere. Until you understand what is going on you will be just like jeffry, coming in here to comment on a subject you know nothing about. It makes no difference wether JPM is dumb or not. It is called GREED and they are just about to get what is coming to them. Again, don't buy any silver. Don't participate.
Just don't cry like ol jeffry is going to be when this thing blows up.

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

reported attack site

wonder why..

Once and for all, for the record rebelsoul

I don't need to read Ted Butler or and other source you have, I've been in and around this hard asset game since 1986. I knew Bob White extremely well and met Jim Blanchard at his New Orleans conferences before they both passed away. And met Ron Paul at a Sound Money Investor Conference, actually had coffee with him and Bob White when he ran for President the first time. You are the newbie, not me.

Butler is about 10 years late in bringing up what Jim Blanchard, the founder of GATA brought up 20 years ago. The only difference is Butler is focused on Silver. The manipulation game is the same.

This has been going on for 20 years and no one has been able to beat these bankers at their manipulation game yet. The fact that another whistle blower steps forward never seems to change anything.

I've been hearing this same story a long time, so excuse me if I prefer to take a wait and see attitude. I have watched these bankers wiggle their way out of this stuff for years. And the much awaited gold and silver short squeeze never seems to materialize.

If you need a pre-butler refresher course, start here:
http://www.gold-eagle.com/editorials_03/tlaga092303.html

and here:
http://www.gold-eagle.com/editorials_01/tlaga081601.html

Then Google Blanchard vs. JP Morgan Chase. Most courts decided they did not have jurisdiction and dismissed the suits for one technicality or another.

The game is rigged,it has been for a long time. And for crying out loud Ted Butler was NOT the first person to figure it out !

once again you need to get

once again you need to get your facts straight. Butler has been sounding the alarm on this manipulation for 25 years now. Of course with your know it all attitude you don't need to read anything butler says which is fine.. Your loss. your wait and see attitude is what will keep you out of an opportunity of a lifetime... which is fine.. You pays your dues and takes your chances.. As for the game being rigged, according to you before all this past weeks revelations which proved Butler correct, you said there was no manipulation, I think I will start taking the time to bring up your other posts and all the names you called Butler so people will see both sides of your face. So you have been around the hard asset game since 1986 and you have the gumption to call gold a fiat currency? I feel sorry for your clients. Now if you are for sound money and met Ron Paul at a sound money investment conference why in the hell do you call Gold a fiat currency?

Now here is a FACT for you.. ALL manipulations end and end badly for the MANIPULATORS. Read your history.

by the way your classic essay on why gold is a fiat currency... seems to be deleted.. why did you delete your post?

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

...

...

Is this in any way related to

the Restore America Plan by the Guardians of the Free Republic?
http://www.dailypaul.com/node/127780

Could it be that the plan is working and so called whistle blowers are jumping ship?

government of the people, by the people, for the people
---

Don't Be Silly ...

... and don't compound the fraud with further confusion.

Time to retool.

http://www.dailypaul.com/node/127780#comment-1398868

But ... thanks for bumping a tread with merit -- This one.

I followed the link, but your posts are too cryptic and I have

NO IDEA what you are trying to say. I mean the posts that I found by following the link.

government of the people, by the people, for the people
---

sierrahpbt... IS the man on

sierrahpbt... IS the man on silver mountain!

http://www.youtube.com/watch?v=wxxOPvLg7o0

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

Sierrahpbt, Bad_Karma, RebelSoul Sighting Posted to YouTube !

Wow I think I can see you from my house! Nice hat.

http://www.youtube.com/watch?v=yEgi7qu2rIU&feature=related

This article was posted for a purpose

Apologies in advance, but hey – the comments on this string here threw me off a bit. I just assumed the readers/contributors here understood this topic. Nystrom posted this article for a purpose. This site exists because Michael recognized that Dr. Paul was the only politician who gave a damn about the U.S Constitution, and specifically – honest weights and measures.

For those that commented here and did not actually listen to the Waterga… er, CFTC sponsored meeting, or the interview that followed, by-all-means go back and listen to it. This is history in the making.

The entire interview is incredible - just incredible. One tid bit I considered a major highlight was Adrian Douglas laughing at the 'ignorant' hedging response. When corruption is so internalized, so taken for granted, it is not even seen as corruption. So these status quo apologists don't even know what they're saying. It isn't just that the truth leaked out - it's that it's innocent, clumsy nature makes it all the more irrefutable. I'm still laughing at that.

Now if you don’t currently understand that Le Fed, fiat money, and this whole show is the largest deception in the history of mankind - you won’t find me trying to convince you of it. Christ, these blogs are a never ending Möbius strip of disconnected repetition. If you do understand it is the grandest of all frauds, but don’t see the connection in the metals market – well, then maybe you don’t understand it as well as you think you do.

Some asked for links, that’s too easy; but it might be more appropriate to open a specific post for that purpose. Folks could list their favorites with a short explanation of why. Others ask if this is a good time to buy silver; let me answer that while pretending it was a legitimate question. …you do not ask financial advice on a public forum and you do not post specific decisions about your life and family.

Another tenet held by many is that “nobody is big enough to control the market, just influence it.” True; of course, this is a rule; yet to most rules there exist exceptions to the rule. We can not lose site of the fact that “influence” can destroy. And also that ‘influence’ can last decades – so, depending on the measurement of time ‘the rule’ can be thrown out.

In the early seventies when planet earth went full fiat, the history of fiat was well documented as were the fundamentals of sound economics. Those few that understood, rightfully forecast disaster; as time rolled on they appeared as fools. But an argument can be made that the bull market in gold should have started then, and perhaps it did, just dropping for a few decades first (so to speak). A few years back Adrian Douglas (the same Adrian as above) termed this an “Extra Trend Anomaly” and although I’ve never heard anyone else mention it, it remains an interesting macro-concept. We like to say FRNs are not redeemable – but they are – redeemable for anything on the planet, albeit at a cost. It complicates things a bit when you can ‘control’ the clearance mechanisms for petroleum world wide.

Another argument could be made that we are all socialists, to a degree, because the fiat mechanism, once applied worldwide, allowed us to ‘tax’ the world while reaping the benefits for decades; interesting, no? …so much for the claim that capitalism is collapsing where it didn’t truly exist and so much for the façade of left/right/left.

And the concept of inflation itself has been stretched to the absolute extreme. It never enters the economy evenly, as it is – but then expanding the money supply while exporting it is a major distortion. Some of it doesn’t even go into circulation – that’s like storing it up in silos – or perhaps a better description is storing it up like in a capacitor; beware the short circuit.

But back to my original point – honest weights and measures; constitutional money. Why? Because people need it – and that need is growing desperate. But folks need the fishing pole, not just the fish; they need the understanding. This web site has done an immeasurable amount of social good. It has educated and worked within the system to affect change. The ‘money bombs’ have helped candidates that may have never had a chance. Great; I hope it works. But we are nearing a tipping point and I wonder if we now may need to have some equivalent to the ‘money bombs’ for everyday people.

I hadn’t thought of Dore’s Inflation Nation for a long time (you’d think I would have, we keep in touch a bit). His latest tune brought that specific collection back into my head. Do we need a day where we obtain these by the hundreds and get them into people’s hands before the final wave hits? This is all I was thinking when I started reading the comments to the post. I’m picturing riding through town with saddlebags full of the CDs slinging them to the stunned onlookers. What an image!

It doesn’t have to be Inflation Nation tunes of course, but somehow this fundamental understanding needs to be more widespread. The hour is late. Basics folks – back to basics. Be Ron Paul.

helluva comment.

nicely written too.

Hey: Strangerr in a Strange Land

Where you been ? -- I see you are not a gate crasher ...

[ I discern you are neither steeped in it, nor stepped in it, and are thus likely not 'Just Passing By' ]

http://www.dailypaul.com/node/130626#comment-1397753

you've been around ... just ..

a bit estranged. ;-)

Yes, you've passed by this way before, I see.

May I say I too like your talk ...

... I do think I know where your mind is at ..., and ,

ironically, ...

... the choice* vintage of the soul behind.

Welcome, again, to our curious coterie of commerce ... unfortunately, as you no doubt know ... no time to make yourself comfortable; but I, for one, am heartened by your company, nevertheless.

THE STRANGER

The Stranger within my gate,
He may be true or kind,
But he does not talk my talk--
I cannot feel his mind.
I see the face and the eyes and the mouth,
But not the soul behind.

The men of my own stock,
They may do ill or well,
But they tell the lies I am wanted to,
They are used to the lies I tell;
And we do not need interpreters
When we go to buy or sell.

The Stranger within my gates,
He may be evil or good,
But I cannot tell what powers control--
What reasons sway his mood;
Nor when the Gods of his far-off land
Shall repossess his blood.

The men of my own stock,
Bitter bad they may be,
But, at least, they hear the things I hear,
And see the things I see;
And whatever I think of them and their likes
They think of the likes of me.

This was my father's belief
And this is also mine:
Let the corn be all one sheaf--
And the grapes be all one vine,
Ere our children's teeth are set on edge
By bitter bread and wine.

-- Rudyard Kipling

__

****

" There was a table set out ...***
`Have some wine,' the March Hare said in an encouraging tone.
Alice looked all round the table, but there was nothing on it but tea. `I don't see any wine,' she remarked.
`There isn't any,' said the March Hare. "

http://www.dailypaul.com/node/130689

BTW *Choice, indispensable to free markets:
http://en.wikipedia.org/wiki/Introspection_illusion

Kipling, cool -

Love Kipling, but never read the poem; nice; fitting. Thanks

Btw – some interesting posts in those links...

The game has always been rigged.. SEE HOW

The game has always been rigged. For years, since Citicorp created the first one stop bank, and even before that.. READ ON AND SEE HOW EVERY PART OF THE FINANCIAL SYSTEM IS A RIGGED POKER GAME. Here are just a few examples:

THE BIG TAKEOVER:

"The global economic crisis isn't about money - it's about power. How Wall Street insiders are using the bailout to stage a revolution"
http://www.rollingstone.com/politics/story/26793903/the_big_...

The Great American Bubble Machine :

"From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression - and they're about to do it again"
http://www.rollingstone.com/politics/story/29127316/the_grea...

Wall Street's Bailout Hustle:

"Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy - they're re-creating the conditions for another crash"
http://www.rollingstone.com/politics/story/32255149/wall_str...

The Dirty Dozen:

"Meet the bankers and brokers responsible for the financial crisis - and the officials who let them get away with it "
http://www.rollingstone.com/politics/story/26868968/the_dirt...

Looting Main Street:

"How the nation's biggest banks, especially JP Morgan, are ripping off American cities with the same predatory deals that brought down Greece"
http://www.rollingstone.com/politics/story/32906678/looting_...

If you think its just PM manipulation that these guys are into, think again. Heres a quote from "The great American bubble machine":

The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who's Who of Goldman Sachs graduates.

Read the above articles and wake up and smell the coffee. Trying to get the big banking firms, the too big to fail firms, to play fair is like hitting mercury with a hammer. They know even once they are caught, they will only pay a small fine , relative to the profits made. And reconstitute themselves into another way to play the same game again .

Unfortunately the real real solution to this mess is after ending the fed, is publicly funded elections.

Because whoever funds elections, runs the country. And if its not the people funding the elections, then we'll only see more of the same.

you hang on to that king

you hang on to that king dollar jeffry.. you hang on to em.. I wish you well.

http://kingworldnews.com/kingworldnews/Broadcast/Entries/201...

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

also.. i can see you didn't

also.. i can see you didn't listen to the interview. what was it this guy said jeff.. so you dispute what this metal trader says?.. you are so ignorant its scary.
you remind me of this guy..

http://www.youtube.com/watch?v=u1WSs9B4H5s

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

JP Morgan is bullet -proof

It doesn't matter what one trader says. This guy is most likely 100% right. But do you really think that is going to matter?

JP Morgan-Chase-Bear Sterns-Washington Mutual, is bigger and stronger than ever. And if you really believe that one London Trader is going to stop the way they play the futures markets, think again, you are really naive.

But if you think this is going to get JP Morgan caught in a short squeeze, Plzzzzzz. Never going to happen unless the govt. bails them out of it and they pick up a couple of smaller futures houses for pennies on the dollar in the process.

Before you start counting your money , you had better realize who you are up against. You can dream all you want about squeezing JPM, but they only sell dreams, they don't buy them. Get that through your hollow point head now.

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once again.. you do not

once again.. you do not understand what is going on. its not going to make a difference wether JPM gets squeezed or not. THERE IS NOT ENOUGH SILVER TO GO AROUND. It will be years before there will be enough silver to halt the shortage. There are many different angle on this. When JPM is forced to cover the price will rocket. That can be done with freshly printed paper from the FED. whatever it is JPM will have to go into the market to by physical silver to make delivery.
At what price do people sell? a shortage of a vitally important substance needed for todays modern lifestyle
will go up in price. Can the Fed gov. or CFTC change the rules? you bet look at what they did to Hunts in 1980. The government does not play by the rules. I fully expect this. If you would have taken some time to read Butlers essays starting 2 years ago when you graced us with your presence here you would know what could and probably will happen. Jeffry DON'T BUY ANY, I really don't care. Just don't try to mislead others into making a bad decision. ALL of your hypothesis just like above of what my happen is pure speculation.
the way you defend JPM, I am beginning to wonder if you work for them? maybe work for the government? I find it very funny how you olny show up when big news like this gets leaked? why is it you don't ever comment on other topics on the daily paul? At some point the short selling has to be covered. As people buy what remaining metal up, or as Maguire said, some rogue trader in Asia gets it figured out that the shorts are naked they will be hammered in to the ground. I don't care if its bugs bunny or JPM. Get that through your thick skull.

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

JP Morgan's modus operandi

An excellent article about how JP Morgan looted Birmingham, Alabama, by Matt Taibbi: http://www.rollingstone.com/politics/story/32906678/looting_...

Taibbi's conclusion: "The destruction of Jefferson County reveals the basic battle plan of these modern barbarians, the way that banks like JP Morgan and Goldman Sachs have systematically set out to pillage towns and cities from Pittsburgh to Athens. These guys aren't number-crunching whizzes making smart investments; what they do is find suckers in some municipal-finance department, corner them in complex lose-lose deals and flay them alive. In a complete subversion of free-market principles, they take no risk, score deals based on political influence rather than competition, keep consumers in the dark — and walk away with big money. "It's not high finance," says Taylor, the former bond regulator. "It's low finance." And even if the regulators manage to catch up with them billions of dollars later, the banks just pay a small fine and move on to the next scam. This isn't capitalism. It's nomadic thievery."

I have to agree with you: JP Morgan is bullet-proof. But this particular scam has a finite shelf-life. A couple large purchases on the LBMA or Comex that can't be settled in actual silver will end the game.

Recommended reading: The Most Dangerous Superstition, http://www.larkenrose.com/store/34-books/2019-the-most-dange...

That Was Really Clever

I do appreciate that your cockfight draws attention to important issues.

BTW: I think you are right ... until enough people in the crowd begin to recognize that the emperor wears no clothes the band will play on, but when the music stops ( picture a brawling game of musical chairs with weapons).

Now, if you will permit me to return to my original metaphor -- 2 cocks crowing over the same dung heap doubles the wake up call signalling mourning (sic) has broken ... [ This will be happening more and more ... and credibility of the financial sector is not likely to crust over to provide firm footing any time soon ]. Remember what Jefferson observed about revolutions and fertilizer, ... I would not agree the coup d'etat may yet be considered a fait accomplis.

... speaking of broken ... your pitch is different, hence the subtle dissonance when feathers are ruffled, ... but can the cacophony of wide awakeness be far off when the basic melody you 2 cocks share is picked up by the rest of the flock as the barn door is kicked open. ( You did notice you and Sierra/Rebel no longer disagree that the foundation, upon which you grandstand, is crap? )

Harmonize a slurry pile of bull$hot with your market theory.

Jeff.. go crawl back in your

Jeff.. go crawl back in your hole. You sat on this site and told me that there was no silver manipulation. You said butler and jim sinclair should retire. Reading your above post.. you still don't have a clue.. here is a nice video for you and jzneff... http://www.youtube.com/watch?v=3w4B7QxL_n4

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

sierrahpbt, bad_karma., rebelsoul, or just plain jackass

You had better re-read those posts. I've always said that the entire game is rigged and that there is nothing you can do about it until there is real campaign finance reform.

Watch and see what happens at the end of the day with PMs. There will be no fundamental change. These people buy the right to break the rules, always have. Any change in rules will quickly be circumvented and they'll be back to business as usual.

What was nonsense, was that silver would be at $100 oz by now( hell according to you and Butler years ago). Along with your BS that we are running out of silver.Both you and Butler were wrong as evidenced by todays spot price of silver.

To which , I believe I said, " When Sears stops selling silver flatware then I'll believe we are running out of silver.Until then you and your guru newsletters are full of it". I did say Jim Sinclair should retire, after his 85 day count down to the dollar demise. And BTW, last I time I checked the dollar was hitting new highs. So once again you and Sinclair were wrong.

So stuff it. And while your at it, why don't you retire. Hasn't being kicked off this board twice already given you the hint yet?

lmao.. campaign finance

lmao.. campaign finance reform?.. what the hell does that have to do with the silver market? do yourself a big favor.. go read butler. get an education. you just don't get it.. go troll somewhere else. by the way? how much do you get paid to do this? dead wrong on everything... EVERYTHING.

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

If you don't know, I probably shouldn't tell you

You read whatever you want to read. I'm a realist. The reality is that the worldwide economic meltdown and the bailout that followed were together a kind of revolution, a coup d’état. They cemented and formalized a political trend that has been snowballing for decades: the gradual takeover of the government by a small class of connected insiders, who used money to control elections, buy influence and systematically weaken financial regulations. And the game is not over yet. The game has just been reinvented and repackaged to look like financial reform.

The only way to stop this permanently is to reform campaign finance so this donors don't get to run the show. This best option is public financed elections. Otherwise, even if there is a real change, eventually the big boys will either get exempted from it, or have the law changed and its back to normal business.

Do you get it yet?

HAHAHAHAHA.... you still

HAHAHAHAHA.... you still don't get it.. and I'm not going to tell you either. Seriously.. you are dense.

also.. lmao dollar hitting new highs.. go check your facts.. the dollar was hitting .89 about a year and a half ago. where is it now? .807? dollar hitting new highs.. you are a joke.
EVERYTHING... EVERYTHING YOU SAID RIGHT HERE IS GOING TO PROVEN WRONG.... AGAIN.. BOOKMARK IT.
http://www.youtube.com/watch?v=3w4B7QxL_n4

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

Twist the facts all you want, you are still wrong

When I referred to the dollar gaining against other currencies, it was to reflect what happened after Sinclair stated the dollar would blow up in 85 days.

Since that statement, the dollar has gone straight up, not blown up. I stand by my statement Sinclair should retire, based upon putting out silly fear mongering statements.

You are the joke that actually thinks he has made money. You haven't made anything yet. In fact, I hope you are factoring in the dollar losing 30% of it value, and the loss of interest income you did not make while buying and holding. And lets not forget those commissions on the way in and out. You are lucky if you made a couple of points year off your wonderful investment hollow point head. You are the joke and do not even realize it. Now that is funny. A grown man that can't use a calculator properly. LOL

Why don't you start your own Blog, you can call it the DailyIdiot.com. Then you can cut and paste all you want, call your subscribers names, and pretend you know what you are talking about. I think it would be a big hit. The Onion needs some competition anyway.