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XMFSinchiruna (26.56)

You be the Judge: Interview with Silver Market Whistleblower Andrew Maguire



March 30, 2010 – Comments (8)

Betrayed by the CFTC ... perhaps targeted by a hit-and-run assassin? You have a listen and you be the judge.

Here is a link to a fascinating interview by KingWorldNews with Adrian Douglass of GATA and whistleblower Andrew Maguire. [Click on microphone icon on the lower left of the page.]

He sure sounds sincere to me!

If you own a silver proxy like SLV and you think it's the same as owning silver... think again. 

8 Comments – Post Your Own

#1) On March 30, 2010 at 2:13 PM, XMFSinchiruna (26.56) wrote:

This is an appropriate moment to reconsider John Embry's 2004 report from Sprott Asset Management detailing their research into the gold manipulation issue.

Along with the reams of research compiled by GATA over the years, this report is a seminal achievement in the effort to draw attention and reasoned debate within what is now set to unfold before our eyes as the most game-changing case of fraud in the history of modern financial markets.


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#2) On March 30, 2010 at 2:59 PM, XMFSinchiruna (26.56) wrote:

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#3) On March 30, 2010 at 5:29 PM, uclayoda87 (28.73) wrote:



Central Fund of Canada Limited (Central Fund) is an investment holding company. The Company is a specialized, passive holding company with most of its assets held in gold and silver bullion. Central Fund’s purpose is to hold gold and silver bullion on a secure basis for the convenience of investors in the shares of Central Fund. During the fiscal year ended October 31, 2009 (fiscal 2009), Central Fund’s net assets consisted of unencumbered and segregated, passive, long-term holdings of gold and silver bullion. The Company holds about 99.3% interest in gold bullion and 99.6% in the silver bullion, primarily in bar forms.


Central GoldTrust (GoldTrust), formerly Central Gold-Trust, is a gold holding trust that was created to hold gold bullion on behalf of investors and to provide investors with exchange-tradeable units (the Units) of ownership. The primary objective of GoldTrust is to provide exchange-tradeable alternative for investors interested in holding an investment in gold bullion. As of December 31, 2009, the property of GoldTrust consisted of 396,834 fine ounces of gold bullion and 6,156 fine ounces of gold in certificate form for a total of 402,990 fine ounces. The Company holds long-term holdings of pure, unencumbered gold bullion, in 400 troy ounce international bar sizes. Central Gold Managers Inc. is the Company’s administrator.

Descriptions taken from the Google Financial site.

Between these two funds, it appears that CEF just holds real gold and silver, while GTU appears to hold some paper gold (oxymoron).  Based on the audio interview, CEF appears to be a safer bet.  Is this your understanding?

It also appears that producers of gold and silver may actually be a safer bet going forward since they will be producing what others are only promising - real metals.

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#4) On March 30, 2010 at 7:34 PM, XMFSinchiruna (26.56) wrote:



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#5) On March 30, 2010 at 11:21 PM, jesusfreakinco (28.37) wrote:


The fact that you only got 13 recs and a couple of comments is indicative of how clueless the world is to these risks.  All it takes is the willingness of a few rich Chinese or Russians who hate the US and the house of cards come crashing down.  

I, for one, would like to see JPM get what they deserve.  Unfortunately, we in the US live in the same house as them and will likely suffer with them.  I guess we shall see...

The though occured as I was listening to the Maguire interview... how arrogant our bankers, the Fed, and this administration is.  They are totally complicit in this manipulation and are blaming the Chinese for currency manipulation. 

Arrogance... that will cost the US citizens dearly some day. 



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#6) On March 31, 2010 at 9:09 AM, russiangambit (28.91) wrote:

JPM think they are the smartest guys in the room. We already know how the story ends.

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#7) On March 31, 2010 at 10:20 AM, outoffocus (23.05) wrote:

Sad part is the manipulation doesnt stop at the PM markets. But since the media is also manipulated, I highly doubt this story will get much traction in the current year.  Something literally has to blow up before the average joe figures it out. Hopefully the eventual exposure of this fraud will have a bullish effect on PMs.

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#8) On April 02, 2010 at 10:43 AM, Option1307 (30.54) wrote:

Thanks for posting Sinch, very intriguing interview!

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