[OTE49] On the Edge . . . with Chris Powell of GATA

Stacy Summary: On the Edge guest this week is Chris Powell of GATA. Enjoy!

64 comments on “[OTE49] On the Edge . . . with Chris Powell of GATA
  1. Mike/Liverpool says:

    Ah…Max Keiser
    The X-files of banking

  2. Mike/Liverpool says:

    Eric Jenszen of Itulip has WRITEN on this subject!!!!!

  3. Marc Authier says:

    Kicking out the gangster from the IMF, the CIA and George Soros out of Kyrgystan. Conter revolution has started. Anyways USA has no business meddling in Central Asia. What do these yankees know anyways about Central Asia ? It’s about US military bases that are jeopardy since the local CIA/Soros dictator has been toppled. US dictators or Russia dictators. I see less and less any difference.


  4. ronron says:

    so now the smart money will go all in. pensions and bonds will crash. gonna get hot very soon. thanks max and stacy.

  5. Marc Authier says:

    Gat ta getta a GATA membership and contribute. What a courageous bunch ! Like you two.

  6. Marc Authier says:

    Counting on my pension. A bowl of porrage in the mornig with nuts and sliced kiwis, a bowl of rice with little pieces of chicken or fish, and for supper a big pea soup with a slice of black bread. Don’t count on your pension. The IMF/Goldman bastards will steal everything like in Greece. Nothing letf in the piggy bankster bank. Nothing left. 141$ per month. That’s about what will be the average buying power of a pension check in the US and the rest of G7.

  7. ronron says:

    @Marc. just read basil 3 will be a tax on banks. lucky bankers at the IMF.

  8. Marc Authier says:

    Tax on banksters with that puppet Obama and a whore like Gordon Brown ? Ah It wil probably be 0,00000000000000025%. Anywaw Ronron, guess who will paying the tax ? Just guess. The only solution is removing their privileges on money creation. END THE FED. And end all central banks.

  9. frances snoot says:

    Did anyone ever indicate that India took physical possession of the IMF gold? Isn’t this a reboot mechanism for sdr allotment/use as Soros indicated?

    Where’s the tipping point? Comex?


    Or the yuan?

  10. frances snoot says:

    “As long as the renmibi is tied to the dollar, I don’t see how the decline of the dollar can go too far.”–Soros

    “It’s time for a change. The Chinese yuan is now the third most important currency in the world … arguably more important than the (Japanese) yen, depending on how you measure it,” Mundell told a news conference in Hong Kong. “I believe that in 2010, the yuan should be added to the SDR.”


  11. Marc Authier says:

    Nothing better thab a LSD Gordon Brownie. Stability in total mediocrity and total corruption. What a fantastic choice. Just wait after the election you British slaves. You are going to get it in the whaaazooo either ways.

  12. Marc Authier says:

    LSD Labour Salad Default.

  13. Bonn says:

    If it is @ 1 : 100 Ounces ten what should be ta current price of Gold ten ????

  14. Bonn says:

    SO IMF doesnt have Gold Canadian banks dont have Gold & Gold Tungsten Scams are all over ta place So whats the real price of Gold;
    Hic 😉
    Even an approximation might help

  15. Marc Authier says:

    And these crooks from New-York and the City call it “free markets”. You can mention also the the FIRST victims are third word countries in Africa and South-America. And the bastards from the IMF that are supposed ther to “help” poor countries are part of the racket. Paper creates ficticious abundance of everything. That’s the way USA and the West exploits the third world countries. It’s not just true for gold and silver. It’s true for all of the CRB and commodities.

  16. frances snoot says:

    Who said the IMF doesn’t have gold?

  17. Marc Authier says:

    Not just precious metals. It’s the same thing in other commodities.

  18. Marc Authier says:

    No. They have gold plated tungstene bars.

  19. serky says:

    My neighbour across the road from me was found dead this morning in his back garden by his family. He had hung himself during the night.

    He was a friend of the family and we know he was heavily in debt, his wife just got out of the hospital weeks ago after having a stroke.

    They have 8 children and the youngest are the cutest you ever saw.

    He was the most devoted father always coming and going from work, he always insisted to cook every meal his children ate and do everything else for them.

    His children loved and adored him to a fault and they are screaming and throwing themselves against the walls as I write this.

    I thought i would post this because it is still financial news of a sort I suppose.

  20. Bonn says:

    @ Snoot
    Tis Guy wanted to buy IMF Gold tey said no was it Physical Gold or whats tat called EFT Gold ????? tat he was after

  21. frances snoot says:

    Bonn! It’s because he forgot to say, Mother May I.

  22. Bonn says:

    Now what
    Germany Latest Victim Of Phony Gold Bar Scam
    April 5, 2010
    Amid international accusations that U.S. officials in the Clinton administration replaced gold in Fort Knox with phony, mostly tungsten bars that were later shipped to China and other places yet unknown, a German refinery has now discovered that it has received a bogus “gold” bar as well.

  23. Marc Authier says:

    Unilimited ficticious offer of a commodity to STEAL all countrie producing and dependent on commodities. No wonder that agriculture and mining is rotten sector. CFTC gangsters. Why go in agriculture or in mining when you know fucked up markets are ? It’s automatically a losing proposition. You use the ficticious paper to systematically steal and plunder all surpluses without almost any risk. The trick is just increase the quantity of paper commodity to hammer down the prices at ridiculous levels. Great job at explaining how it works. Poor farmers and miners. I am not sure that these industries understand what’s going on for many decades.

  24. Dedo says:

    All this rhetoric is of course part of the insidious process of conditioning the mind to the inevitable “change”,.all the politicians over the planet are trumpeting,..
    It’s quite comical really,.how no-one catches on!
    day by day,..week by week,.month by month,…and hey presto!,.a completely new culture

  25. Marc Authier says:

    @Max and Stacy

    You just increased my hatred of bankers by 1,000,000,000,000,000 %
    I get it ! One fantastic interview indeed. GATA denounces the manipulation in the gold and precious market. But I am convinced that the same things are going on in all the commodity pits. No wonder that people seem uninterested investing in agriculture and commodities. The whole CRB complex is rigged that way. That’s why nothing will change.

  26. Dedo says:

    @Max,.Did you say the Japanese population is declining at a faster rate than the rest of the world?

    And nobody seems to notice,..nobody seems to care,..zzzzzzzzzz

  27. Bonn says:

    Thursday, April 8, 2010
    Nova Scotia Bank vaults found Empty of the Gold and Silver bars they Claimed to have

    Now whats the Price of Gold

  28. Marc Authier says:


    Japanese are very racist people. Immigration in Japan ? ZERO.
    It’s a monstruous problem. By 2050 Japan population will be cut by half !
    What’s funnier with Japan is that the debt levels are astronomic. No youngsters to pay the debt in the future. Ah well no pension funds there too.
    A bowl of rice, shut up and hurry dying.


    These riggings may sound useful for gold and silver. But if they contribute killing agriculture, people will starve to death. Banksters are after all eugenist nazis. I am not surprised. Agriculture because of these scandalous manipulations has been underinvested for at least 40 years. France for example lost last year 200,000 hectares of good agricultural land. Guess why ? It’s a way to steal without nobody noticing. The most violent robbery is stealing agriculture. The CFTC is effectively a criminal organization.

  29. robbie robertson says:

    @ Bonn So whats the real price of Gold

    The real price of gold would be the current price adjusted according to the SSI of John Williams of shadowstats.com. He stated that the price of gold would be $7450.

  30. x says:

    really good programme

    Glossary of Gold Terms:


  31. Bonn says:

    Still feel we can come up with a better form of money ; Rather than a currency backed by Gold
    Hic 😉
    If its actually at 7000 $ an ounce Blimey keep it ;I dont have tat kinda money and I most certainly wont by an Ounce of Gold wit it I’d rather buy sometin else

  32. Bonn says:

    And if its really supposed to be @ 7000 $ an ounce Hows ya gonna buy sometin tats werth 250 Dollars devide tat ounce into 28 Gold leafs ????

  33. frances snoot says:

    What!? The real price of gold in DOLLARS?!

  34. Bonn says:

    @ Dedo
    Toes Lunatics Zbigniew Brzezinski & rocker feller and ta likes assume Tey will be in Control of Energy
    Teys are so sadly mistaken In have tis Gut feeling Free energy exists
    Once one nation goes tat path Booom all tear 3rd grade Plans will go bust
    Tey just a bunch of twerps who Intermarried wit cousins to protect tear wealth which eventually lead them to dumb temselves down as familys
    Now ta only ting tat werks fer ’em is Drills Drill one Drill 2 Lets go Live on tis Drill and sweep it under the carpet 9/11 Comission has a Gazillion holes in the report .One more stupid one fer tee twerps
    Why did ya shift the crime scene in truckloads to China witin weeks ? I mean its ta biggest crime scene in History
    Tey too dumb to achieve anything IMO
    And we all know as soon as tees politicians Beurcrats and Illuminated like a X’mas tree dimwhit illumanati likes (yas gotta have a 3rd grade mentality to call yerselfs illumanati) SPEAK we know its a Lie Period
    Dumb twerps carry on inter marrying ;-> Soon we will just hafta tell ’em take tis Cyanide pill its good fer yas or Yer God go jump of tat Cliff into ta Grand Canyon
    hic 😉

  35. Bonn says:

    Tee main reason why tey have’nt released free energy is the world Population would go outta control IMO

  36. Sam53 says:

    Thank you Max and Stacy for a great show! I love the way Max ties in the human suffering and deaths so callously caused buy these criminal syndicates!
    Most heartfelt condolences for the loss of your friend! His poor children! I pray for them!
    I wish he could have realized that as bad as things were, his children will be far worse off without him., poor things…

  37. nick says:

    soooo. all this chatter about physical gold merely being an illusion has that really impacted joe six packs life any? i understand the reasons for illuminating the shortcomings of the so called financial system, but sometimes i feel like its a tree falling in a forest: does it make a sound if no one is around to hear it?
    i commend max for his tireless efforts to bring actual capitalism back from the grave and demonstrating how those with the levers of power do not have our interests at heart. the concept of the public weal must have been thrown out with the bath water a long time ago.

  38. Youri Carma says:

    My post on GOLD & SILVER Manipulation http://forum.prisonplanet.com/index.php?topic=164466.0

    George Carlin: What to do with The Banksters http://www.youtube.com/watch?v=QdoveGk78GU

    Gotto comment @Mother Earth who was one of the first to report on the Phony Gold Cash Settlements here.

    If the Chinese drill their Gold Bars they gonna discover they’ve been duped! They don’t read this so they gonna find out about in July 2010.

  39. Youri Carma says:

    The Missing 911 Gold – Where did it go? http://911research.wtc7.net/wtc/evidence/gold.html

    Why is there this huge discrepancy between the value of gold and silver reported recovered, and the value reported to have been stored in the vaults? There are a number of possible explanations, from outright theft using the attack as cover, to insurance fraud. Until there is a genuine investigation that probes all the relevant facts and circumstances surrounding the attack, we can only speculate.

  40. Youri Carma says:

    Mega Gold Quotes
    (just the beginning)

    William S. White june stipulated in 2005 [ head of the Monetary and Economic Department of the Bank of International Settlements in Basel] ;

    ‘one of the five main purposes of central bank cooperation is the provision of international credits and joint efforts to influence asset prices

    – especially gold and foreign exchange

    – in circumstances where this might be thoughtful’.

    Australioan Central Bank 2003 ;

    ‘foreign currency reserves and gold are held primarily to support intervention in the foreign exchange markets’!

    Greenspan in 1998, before Congress ;

    ‘central banks stand ready to lease gold in increasing quantities, should its price rise’.

    Head of the Dutch Central Bank (DNB), Formal Chairman of the BIS in Basel and member of the Counsel of Foreign Relations (CFR) Nout Wellink said to his colleques many times:

    ” A Central Banker can lie about two things; Interest Rates and Gold”

  41. Youri Carma says:

    Youri Carma: “Gold manipulation simply is central banksters policy”

  42. bammbamm says:

    These GATA guys are getting to me. This Maguire story is like 911. It just doesn’t smell right. Maguire blows the whistle, gets hit by a car, and then disappears off the face of the earth and we learn nothing about the guy who hit him. Everyone has the same story – no individual perspectives. And this guy Powell has no spirit in his speech – like the fake seers who get bored after awhile. If this story were true, things would accelerate; instead, there have been no discernible effects. So I’m not buying it.

  43. Johanraft says:

    So who can sue the IMF and in what jurisdiction to compel discovery of the alleged gold?

  44. zaphodity says:

    The whole systems based on smoke, mirrors and BULLSH*T

  45. Youri Carma says:


    “If this story were true, things would accelerate”

    Your reasoning is that of sheep – If one sheep goes over Oh, than it must be save.

    Your a dupe ahah!

  46. bammbamm says:

    @Youri Carma – I said I didn’t believe it. I’m not an arrogant fool like you, claiming to be certain over something I merely want to believe. Secondly, outside of the usual name calling, your post has no meaning as written.

  47. Gordo says:


    I think you are right, in one sentence he says they are rigging the system to maintain the value of the dollar. Meanwhile, the government is doing everything in its power to lower the value of the dollar to gain export advantage. If it were up to congress they would have labeled China a currency manipulator in an attempt to get China to revalue the Yuan.

    GATA which is it?
    More to the point, Like GreenSpam why does anyone listen to you anymore?

  48. Larry Robson says:

    These are the E-mails in which Maguire warned of impending manipulation passed on to me by a friend who knows him well as an active committed Christian. Larry Robson

    Date: Sun, 4 Apr 2010 15:36:27 +0000
    From: clodagh.mallison@btinternet.com
    Subject: of interest
    To: therobsonfamily@hotmail.com

    Andrew Maguire used to come to St. Andrews but has defected to Holy Trinity. He comes to our Housegroup. You might be interested in the following “wearing your financial hat”.
    Clodagh x

    A London trader walks the CFTC through a silver manipulation in advance

    Additional Statement by Bill Murphy, Chairman
    Gold Anti-Trust Action Committee

    to the U.S. Commodity Futures Trading Commission
    Washington, D.C., March 25, 2010

    On March 23, 2010, GATA Director Adrian Douglas was contacted by a whistleblower by the name of Andrew Maguire. Maguire is a metals trader in London. He has been told first-hand by traders working for JPMorganChase that JPMorganChase manipulates the precious metals markets, and they have bragged to how they make money doing so.

    In November 2009 Maguire contacted the CFTC enforcement division to report this criminal activity. He described in detail the way JPMorgan Chase signals to the market its intention to take down the precious metals. Traders recognize these signals and make money shorting the metals alongside JPM. Maguire explained how there are routine market manipulations at the time of option expiry, non-farm payroll data releases, and COMEX contract rollover, as well as ad-hoc events.

    On February 3 Maguire gave two days’ warning by e-mail to Eliud Ramirez, a senior investigator for the CFTC’s Enforcement Division, that the precious metals would be attacked upon the release of the non-farm payroll data on February 5. On February 5, as market events played out exactly as predicted, further e-mails were sent to Ramirez while the manipulation was in progress.

    It would not be possible to predict such a market move unless the market was manipulated.

    In an e-mail on February 5 Maguire wrote: “It is common knowledge here in London among the metals traders that it is JPM’s intent to flush out and cover as many shorts as possible prior to any discussion in March about position limits. I feel sorry for all those not in this loop. A serious amount of money was made and lost today and in my opinion as a result of the CFTC’s allowing by your own definition an illegal concentrated and manipulative position to continue.”

    Expiry of the COMEX April call options is tomorrow, March 26. There was large open interest in strikes from $1,100 to $1,150 in gold. As always happens month after month, HSBC and JPM sell short in large quantities to overwhelm all bids and make unsuspecting option holders lose their money. As predicted by GATA, the manipulation started on March 19, when gold was trading at $1,126. Last night it traded at $1,085.

    This is how much the gold cartel fears the CFTC’s enforcement division. They thumb their noses at you because in more than a decade of complaints and 18 months of a silver market manipulation investigation nothing has been done to stop them. And this is why JPM’s cocky and arrogant traders in London are able to brag that they manipulate the market.

    This is an outrage and we are making available to the press the e-mails from Maguire wherein he warns of a manipulative event.

    Additionally Maguire informed us that he has tape recordings of his telephone communications with the CFTC, which we are taking the appropriate legal steps to acquire.

    * * *

    From: Andrew Maguire
    Sent: Tuesday, January 26, 2010 12:51 PM
    To: Ramirez, Eliud [CFTC]
    Cc: Chilton, Bart [CFTC]
    Subject: Silver today

    Dear Mr. Ramirez:

    I thought you might be interested in looking into the silver trading today. It was a good example of how a single seller, when they hold such a concentrated position in the very small silver market, can instigate a selloff at will.

    These events trade to a regular pattern and we see orchestrated selling occur 100% of the time at options expiry, contract rollover, non-farm payrolls (no matter if the news is bullish or bearish), and in a lesser way at the daily silver fix. I have attached a small presentation to illustrate some of these events. I have included gold, as the same traders to a lesser extent hold a controlling position there too.

    Please ignore the last few slides as they were part of a training session I was holding for new traders.

    I brought to your attention during our meeting how we traders look for the “signals” they (JPMorgan) send just prior to a big move. I saw the first signals early in Asia in thin volume. As traders we profited from this information but that is not the point as I do not like to operate in a rigged market and what is in reality a crime in progress.

    As an example, if you look at the trades just before the pit open today you will see around 1,500 contracts sell all at once where the bids were tiny by comparison in the fives and tens. This has the immediate effect of gaining $2,500 per contract on the short positions against the long holders, who lost that in moments and likely were stopped out. Perhaps look for yourselves into who was behind the trades at that time and note that within that 10-minute period 2,800 contracts hit all the bids to overcome them. This is hardly how a normal trader gets the best price when selling a commodity. Note silver instigated a rapid move lower in both precious metals.

    This kind of trading can occur only when a market is being controlled by a single trading entity.

    I have a lot of captured data illustrating just about every price takedown since JPMorgan took over the Bear Stearns short silver position.

    I am sure you are in a better position to look into the exact details.

    It is my wish just to bring more information to your attention to assist you in putting a stop to this criminal activity.

    Kind regards,
    Andrew Maguire

    * * *

    From: Ramirez, Eliud [CFTC]
    To: Andrew Maguire
    Sent: Wednesday, January 27, 2010 4:04 PM
    Subject: RE: Silver today

    Mr. Maguire,

    Thank you for this communication, and for taking the time to furnish the slides.

    * * *

    From: Andrew Maguire
    To: Ramirez, Eliud [CFTC]
    Cc: BChilton [CFTC]
    Sent: Wednesday, February 03, 2010 3:18 PM
    Subject: Re: Silver today

    Dear Mr. Ramirez,

    Thanks for your response.

    Thought it may be helpful to your investigation if I gave you the heads up for a manipulative event signaled for Friday, 5th Feb. The non-farm payrolls number will be announced at 8.30 ET. There will be one of two scenarios occurring, and both will result in silver (and gold) being taken down with a wave of short selling designed to take out obvious support levels and trip stops below. While I will no doubt be able to profit from this upcoming trade, it is an example of just how easy it is to manipulate a market if a concentrated position is allowed by a very small group of traders.

    I sent you a slide of a couple of past examples of just how this will play out.

    Scenario 1. The news is bad (employment is worse). This will have a bullish effect on gold and silver as the U.S. dollar weakens and the precious metals draw bids, spiking them higher. This will be sold into within a very short time (1-5 mins) with thousands of new short contracts being added, overcoming any new bids and spiking the precious metals down hard, targeting key technical support levels.

    Scenario 2. The news is good (employment is better than expected). This will result in a massive short position being instigated almost immediately with no move up. This will not initially be liquidation of long positions but will result in stops being triggered, again targeting key support levels.

    Both scenarios will spell an attempt by the two main short holders to illegally drive the market down and reap very large profits. Locals such as myself will be “invited” on board, which will further add downward pressure.

    The question I would expect you might ask is: Who is behind the sudden selling and is it the entity/entities holding a concentrated position? How is it possible for me to know what will occur days before it will happen?

    Only if a market is manipulated could this possibly occur.

    I would ask you watch the “market depth” live as this event occurs and tag who instigates the move. This would surly help you to pose questions to the parties involved.

    This kind of “not-for-profit selling” will end badly and risks the integrity of the COMEX and OTC markets.

    I am aware that physical buyers in large size are awaiting this event to scoop up as much “discounted” gold and silver as possible. These are sophisticated entities, mainly foreign, who know how to play the short sellers and turn this paper gold into real delivered physical.

    Given that the OTC market (where a lot of the selling occurs) runs on a fractional reserve basis and is not backed up by 1-1 physical gold, this leveraged short selling, where ownership of each ounce of gold has multi claims, poses a very large risk.

    I leave this with you, but if you need anything from me that might help you in your investigation I would be pleased to help.

    Kind regards,
    Andrew T. Maguire

    * * *

    From: Andrew Maguire
    To: Ramirez, Eliud [CFTC]
    Sent: Friday, February 05, 2010 2:11 PM
    Subject: Fw: Silver today

    If you get this in a timely manner, with silver at 15.330 post data, I would suggest you look at who is adding short contracts in the silver contract while gold still rises after NFP data. It is undoubtedly the concentrated short who has “walked silver down” since Wednesday, putting large blocks in the way of bids. This is clear manipulation as the long holders who have been liquidated are matched by new short selling as open interest is rising during the decline.

    There should be no reason for this to be occurring other than controlling silver’s rise. There is an intent to drive silver through the 15 level stops before buying them back after flushing out the long holders.


    * * *

    From: Andrew Maguire
    To: Ramirez, Eliud [CFTC]
    Cc: BChilton [CFTC]; GGensler [CFTC]
    Sent: Friday, February 05, 2010 3:37 PM
    Subject: Fw: Silver today

    A final e-mail to confirm that the silver manipulation was a great success and played out EXACTLY to plan as predicted yesterday. How would this be possible if the silver market was not in the full control of the parties we discussed in our phone interview? I have honored my commitment not to publicize our discussions.

    I hope you took note of how and who added the short sales (I certainly have a copy) and I am certain you will find it is the same concentrated shorts who have been in full control since JPM took over the Bear Stearns position.

    It is common knowledge here in London among the metals traders that it is JPM’s intent to flush out and cover as many shorts as possible prior to any discussion in March about position limits. I feel sorry for all those not in this loop. A serious amount of money was made and lost today and in my opinion as a result of the CFTC’s allowing by your own definition an illegal concentrated and manipulative position to continue.

    Bart, you made reference to it at the energy meeting. Even if the level is in dispute, what is not disputed is that it exists. Surely some discussions should have taken place between the parties by now. Obviously they feel they can act with impunity.

    If I can compile the data, then the CFTC should be able to too.

    I would think this is an embarrassment to you as regulators.

    Hoping to get your acknowledgement.

    Kind regards,
    Andrew T. Maguire

    * * *

    From: Andrew Maguire
    To: Ramirez, Eliud [CFTC]
    Sent: Friday, February 05, 2010 7:47 PM
    Subject: Fw: Silver today

    Just logging off here in London. Final note.

    Now that gold is undergoing short covering, please look at market depth right now in silver and evidence the large selling blocks in a thin market being put in the way of silver regaining the technical 15 level, which would cause a short covering rally and new longs being instigated. This is resulting in the gold-silver ratio being stretched to ridiculous levels.

    I hope this day has given you an example of how silver is “managed” and gives you something more to work with.

    If this was long manipulation in, say, the energy market, the shoe would be on the other foot, I suspect.

    Have a good weekend.


    * * *

    From: Andrew Maguire
    Sent: Tuesday, February 09, 2010 8:24 AM
    To: Ramirez, Eliud [CFTC]
    Cc: Gensler, Gary; Chilton, Bart [CFTC]
    Subject: Fw: Silver today

    Dear Mr. Ramirez,

    I hadn’t received any acknowledgement from you regarding the series of e-mails sent by me last week warning you of the planned market manipulation that would occur in silver and gold a full two days prior to the non-farm payrolls data release.

    My objective was to give you something in advance to watch, log, and follow up in your market manipulation investigation.

    You will note that the huge footprints left by the two concentrated large shorts were obvious and easily identifiable. You have the data.

    The signals I identified ahead of the intended short selling event were clear.

    The “live” action I sent you 41 minutes after the trigger event predicting the next imminent move also played out within minutes and exactly as I outlined.

    Surely you must at least be somewhat mystified that a market move could be forecast with such accuracy if it was free trading.

    All you have to do is identify the large seller and if it is the concentrated short shown in the bank participation report, bring them to task for market manipulation.

    I have honored my commitment to assist you and keep any information we discuss private,however if you are going to ignore my information I will deem that commitment to have expired.

    All I ask is that you acknowledge receipt of my information. The rest I leave in your good hands.

    Respectfully yours,

    Andrew T. Maguire

    * * *

    From: Ramirez, Eliud
    To: Andrew Maguire
    Sent: Tuesday, February 09, 2010 1:29 PM
    Subject: RE: Silver today

    Good afternoon, Mr. Maguire,

    I have received and reviewed your email communications. Thank you so very much for your observations.

  49. bfskinner says:

    This guys eyes darting back and forth are throwing me off.

  50. ehswan says:

    When the stock market crashed in 2008, gold and silver crashed as well. So I went shopping for silver and couldn’t find any at a reasonable premium, as in say 10%. “Hmm, strange I thought.” Then I started reading of rumours of price manipulation. Starting to make sense. Now Maguire informs us that the prices are indeed being suppressed. Given my take on the arrogant bastards that manipulate the pm makets I imagine that they will do their damndest to teardown the pm’s once again and I will do my damndest to buy as much of them as I can! Seems like a no brainer to me.

  51. robbie robertson says:

    it’s official, the vaults are filled with icecream:


  52. Bonn says:

    @ serky
    Sorry to here about your niehbour 🙁 .
    Dunno what else to say. Hope there kids manage some how.

  53. Bonn says:

    Hopefully after sometime maybe someone can tell ’em how ta system works and they can land up doing something constructive fighting this Tyranny :-/

  54. Before going over the edge,
    the words of Jeff Christian should be listened to carefully…
    around the 36th minute of his interview this week on Financial Sense, he tries to clarify what he meant by the 100:1 ratio…

    So he says:
    Troglodytes… if you looked at the turnover in the major futures and options markets and the clearing volume in the London dealer market, in gold and silver. You would see that there are 100 times as many ounces trading in those derivatives markets as is produced by mines and refineries every year and used and purchased by fabricators and investors. Now, so that’s a 100 to 1 ratio of derivatives to the underlying physical new supply. It’s not a 100 to 1 ratio of the turnover in the physical market relative to the futures or derivatives market because the physical metal will turnover maybe you know 5, 6, 8 maybe even 12 times in a given year. But you do have a much larger derivatives market in gold and silver than you have a physical market and that ratio is about 100 to 1.

    He then tries to compare this to Financial markets in that currency and treasury bills are leveraged 100:1 … WHAT EVER!!!
    Mr Christian has cleared this up about as much as the tar-sands’ run-off water…

    That said, his website has some interesting articles in the FREE LIBRARY section, including a dis directed at GATA… Check it OUT!!!

  55. Sylvia Rogier says:

    Glad the Greek people are listening to Max and Stacy.

  56. lek says:

    Kaiser’s thigh licking of his Iranian pals is sick and disgusting. How anyone who goes around in such a pre-pubescent voice whining about ethics, values and morals, and who trashes Jewish people while defending the thugs who brutalize the young people of Iran is, just vicious and hypocritical. You say Obama is readying for war. What does Obama say? Obama says: We seek broader engagement based upon mutual interest and mutual respect. We will listen carefully, we will bridge misunderstanding, and we will seek common ground. We will be respectful even when we do not agree.


  57. Crumpet Muncher says:

    Mr. Maguire is like a cat with nine lives. Not only did he escape death by a Toyota with a sticky accelerator pedal but he survived a greater risk of spending the night in an NHS hospital.

  58. Terry says:

    Thanks for the good information Max .I’ve been listening to you off and on for quite some time now and appreciate hearing the truth about what is really going on.Unlike what we hear from the mainstream bought and paid for financial media whores.Terry

  59. Nat says:

    @ Max and Stacy.

    The theme tune seemed prominent today to me.. has it changed?

    Who the hell composed it? It would take me a long while to be able to sing along – it’s all over the place. I quite like it. It almost reflects Max’s concentrational abilities.

    The brief must have been “We need to end on this chord – I don’t care what else you do but we must end on this chord!”