Andrew Maguire speaks on silver manipulation

[garrethdavis]

And they hit him with a car...

[cassius969]

This man needs less coffee and more sleep. Or he needs to stop being welsh.

[cassius969]

@cassius969 if its due to some medical condition I am sorry though.

[ChavonnNishino]

i'm glad you've calmed down:)

[JRCrowley]

Uh, does Andrew McGuire even exist?

/watch?v=JlsBgZ_F5yQ

[waggawaggaful]

I've been considering investing in silver, but what I'm really concerned about is what I would do with the metal once the economy goes belly up... I mean, if you possess stashes of silver, what good will it do you if the fiat currency system collapses? Won't you just be trading it in for the worthless paper dollars? Or do you intend to barter with it? Or is there some other alternative? I'm no economist myself. Any suggestions on how silver could actually save a person from financial ruin?

[silverfuturist]

@waggawaggaful They will always have a currency, whether it is fiat or backed by something, without a currency you couldn't even have commerce between states.

[polygamous1]

@silverfuturist but a currency the elite/bankers can print at will based on FA? the rest of the world has to trade all their produce n labour for some bIts of paper they have the "RIGHT" to print at will as much as they like? R U MAD? IT MEANS one THING they are the Masters we r their Slaves gold is the money of Kings silver the money of gentlemen barter the money of peasants n DEPT THE MONEY OF SLAVERY, give me a gun i'll rob a bank Give me a bank i'll rob the world just what they r doing NOW

[ukdaynes]

@waggawaggaful good question, look at it this way. when the economy goes belly up you silvers value will go through the roof. At the right time you would trade your silver for maybe property. The $20,000 worth of silver may well buy you a beautiful $500,000 property outright., you then ride the financial storm and when the economy picks up you will have made a massive profit Basically its about moving your money to another investment that can weather the economic storms.

[waggawaggaful]

@ukdaynes ... ok, sounds like bartering is the best way to use it, then.. Also, I've contacted local currency groups out of curiosity, like the Ithaca Hours program in NY, and they said they'd trade in their locally bartered dollars for silver and gold, so that sounds like a viable option too.

[rberding]

@waggawaggaful . Gold and silver coins have been valid money since over 3 thousand years. All fiat paper currencies lost their value. You buy today for the same piece of gold a barrel of crude oil as in 1975. The best as is small/medium investor is to buy gold coins like Kruger Rands. Everybody knows them. You can buy them in quarter, half and whole troy ounces. Put them in a safety box in a secured and insured vault at for example Bincks.

[imsailing2]

@waggawaggaful:

If a hyperinflation/currency collapse scenario did happen, silver would be spent at least for a while like we spend fiat currency now. There are already grocery stores in SoCA trading groceries for gold & silver. There's a blogger here on Youtube who describes his experience paying his pets' vet bill with silver. Look up videos about the currency collapse in Zimbabwe. It shows the people panning for gold as the only resource to buy food.

[imsailing2]

@waggawaggaful:

I read an article w/ a perfect example of how I believe we should view PM's. In 1964 a dime (90% silver at the time) would buy a loaf of bread. Today, you can take a 1964 (90% silver) dime, trade it for $2.20 approx. the spot value of silver & buy a loaf of bread. Likewise, I believe, in a hyperinfationary situation, if a loaf of bread cost 1 million (see Zimbabwe, Argentina, etc) you should be able to still get a loaf of bread for your 1964 silver dime.

[stixin2000]

@waggawaggaful I asked the same questions and researched this for monthes. You will be able to barter with others who own silver, gold, food and much needed services. (this is if it gets that bad) also you will be able to trade in your silver for a "global Currency" (if there is one). Also silver IS under priced and one of the most inexpensive metals to buy. I have used 70% of my savings to buy silver and feel very comfortable. I feel my family is better off with LESS worthless federal notes!

[godzkitchen81]

@waggawaggaful Silver will protect your purchasing power during these times. You see, for those who bought 5oz at 10$ = 50$, can now trade it for cash for a value of 210$. Even if we go to a new currency the individual will get more for his buck than the one holding paper assets.

[quadcatfly]

time for haircut !!!

[lapointe3030]

Let's DESTROY!!!!!

Google : Crash JP Morgan Buy Silver

[biospharms]

This guy sounds believable but looks so goofy it's hard to believe him. I think it's the hair. Wow!

[likpit]

a few people are programing the economic collapse of the world.

[09SRILANKA]

I'm going to keep buying physical silver, I'm no expert but since starting to buy in January 2008 my silver is now worth double what ive invested. Im switche on enough to realise that this is a good return on my investment & possibly better than anything else out there.

[OzClawhammer]

here we are..end of Oct '10 and still nothing's happened!

[Numarx]

Is this one of Martin Shorts many disguises?

[BeholdZeus]

Where's the best place to buy silver from...?

[allaboutdatGDA]

your information is stellar, up to date, and condensed with impassioned delivery. thanks for keeping me informed. thanks to youtube, you don't have to worry about time constraints... i think it will take several years for silver to reach its "actual"value; that is, until the mines run out. Pure supply and demand economics- yet It seems to be as politicised as gold.

[negadelph]

how much of the paper contracts do you think GS and JPM hold?...this might explain the 1/100 ratio of gold/paper you spoke of...

the plot thickens...

[mikeysback70]

always good to hear other people just as excited about silver as I am ! Also,Ive done bought all I can aswell ,but Im saving for somemore goodie-goodie :-)

[nurielmizrahi]

a, a a a a a anyhow :)

[eatandtravel]

Silver,

I want more cheap silver and gold. How about you? Don't out the COMEX.

[ehswan]

What no one talks about is how brave Andrew Maguire was! It's like courage is no longer comprehended. WE ARE SO SCREWED!

[silverfuturist]

@ehswan I think time will reward Andrew and others. For example, many great artists were not recognized until after their deaths. But I hope Andrew lives long and prospers of course.

[polygamous1]

@ehswan n of course Nothing was said about the man who rammed his car maybe with the money the banksters paid him he is living the life of Riley in some tropical island crime doesn't pay? it does if its commited for the benefit of the elite Those who are able to see beyond the shadows and the lies of their culture - will never be understood, let alone believed, by the masses." - Plato

corruption is nothing new its not just a usa monopoly same shit the world over since ancient times scary

[element115whisler]

@ehswan Yeah! Only a "Ghost" can pull something like this off!

People have DIED over things like this!

[kindacoiny]

Im broke because of buying silver too! My favorite part of the video is

at 7:8 "I already bought all I can" how cool is this? A man that practices what he preaches!

[silverfuturist]

@kindacoiny "broke" can change quickly if you really want to trade in that metal for green paper!

[mancroft]

@kindacoiny I hope you kept it. 6 months ago silver was 18 it is now 30.

[thevapour]

Thanks for making this video. You really broke it down and made it very easy to understand.

[EMPIRE0FLIES]

National Security? I believe so. Dollar demise will be the demise of USA. When is the question. Their playing the ponzi til it will be time to pull the plug. Good review!

[NoogLeader]

IF silver goes back to 9. an ounce I am going to buy. When It is at 22. an Ounce I am selling it off. Enuff Said.

[SlyToocan]

Great thoughts..

[vegaspilot03]

DUDE, TAKE A HIT. then do the videos.

[Jban87]

Can someone give me some information on where I can purchase British Silver Britannia coins in the UK / Ireland?

Andrew thanks for your bravery!

silverfuturist - great work mate! Love your approach!

[nameofthepen]

You're the first one I've heard who a) called this "fractional reserve" silver, and b) moved away from simply regurgitating the daily stories from the mainstream news, and into the larger probable dynamics of the situation.

.

I found myself nodding several times as you spoke. Subbed. :-)

[bodunchar]

to get the real interview go to kingworldnews,

buddy noone seems to care because they are distracted by things placed in front of them.

Cats caught in the headlights (or was it rabbit, sheep, sheep more likely)

baaaaaaaa

[sgwarrenb]

its very simple y the asia has not done it YET... their saving is still in USD... destroying USD now is like committing suicide... they hv to get ride of it first....

asia is doing a "pump and dump" on USD now... there's no reason y USD keep going up when there's lesser and lesser foreign USD debt buyer... pump they will and dump they will to....

[stopjunkscience]

Would it be a good idea to buy 100,000 pounds sterling in real silver? If so how would I go about this? How much profit would be likely in the near future?...Advice please...anyone?

[bodunchar]

you could invest in land, but then you dont really own that land... it belongs to the queen right?\

so with money, your fucked either way.  best thing is not to play their game.

you cant eat silver now can you?

Sure if you have no food, ill swap you a loaf of bread for 100 pieces of silver...

[Nerfgunsandpancakes]

interesting

[pepperkorn33]

fairly sure Bear Sterns had a significant long position of Silver and I know Bear had a significant long position of Gold. I think Andrew slipped up on a word (Long opposed to short). It then makes more sense that JPMorgan could use the long positions Bear held to go short and push the price down.

[sgwarrenb]

@pepperkorn33 i tot we are talking abt naked short here? naked short do not need a long position right? u just keep shorting until everything go down and then buy back @ lower price...

[LeathermanFan]

So, wait a minute.

Does this mean the millions and millions of people who invested with J.P. Morgan Silver don't even realize they didn't even have the actual physical silver in storage before the J.P. Morgan Silver Stock was even made available?

And, all those millions of people who bought those J.P. Morgan Silver Stocks if they eventually wanted to get the actual physical silver from those stocks they wouldn't even have it available to give them?

[silverfuturist]

@LeathermanFan Those who buy SLV can see in the prospectus that it is a silver tracking fund, and that there is no silver delivery possible for example.

I learned about the Leatherman from my dentist, he was a mysterious figure that roamed around CT and NY.

[Ooloosoon]

Wow 100 to 1...so $17 Dollar Silver = $1700 !!!

Get some more kids

[ehswan]

I do so like you though I'm wondering about about the ironed blue shirt and tie. Please explain. Also, I miss the chellow. Where has it gone? Your nervous analysis is superb. The national security angle is intersting. $OIL? I'm glad that you are in this world.

[silverfuturist]

@ehswan I like to mix up my appearance and backdrop, I will bring the cello back.

[ehswan]

Andrew Maguire is an an unsung hero who has risked his life to bring us the truth! GET THAT!!!

[gavoau]

You remind me of Daulton Lee from Falcon and the Snowman

[silverfuturist]

@gavoau Lol, now I have to watch Daulton Lee to know what you are sayin'

[gavoau]

You remind me of Enricco Rizzo from Midnight cowboy.......

[rlake76]

Every commodity is "managed". Duh. No secret there. Only blatant "market control" machinating will get the CFTC to perk up, but really, they're worthless so...when is the next non-farm payroll date?

[ohio1998]

Goddamn it. There is NO silver manipulation!!!!!!!!!!!!!!!!!!­!!!! Stop buying into this shit you fools! The reason it went down to $9 is because people took all of their money out of the system!!!! Plus, I know you guys see that "9am dump". Play the fucking dump!!!!!!! Put your money where your mouth is and play the game. The silver market is so freaken small. How come there is no manipulation in Palladium?!!!!!

[silverfuturist]

@ohio1998 You are right about everything getting smashed in 2008, it wasn't just silver. However, without the huge short positions, perhaps silver wouldn't have gotten smashed as badly as it did?

[ohio1998]

@silverfuturist All it was was a buying opportunity, not manipulation.

[ficote72]

@ohio1998

There was manipulation because those same guys with big shorts got bailed out, and continue getting bailouts to maintain such positions. Enjoy it while it last, I bought at $4 and $6 before and this time at $9, next one stays around $12 if you are lucky and can get it cheap.

[ohio1998]

@ficote72 , How do you explain prices of all assets moving down in OCT of 08? Goldman Sachs couldn't have shorted them all.

[ficote72]

@ohio1998

You need to understand the distribution of money. It is easy to explain when you look at the distribution of money curve, big money is in a few hands, as simple as that, and money moves markets and prices.

[TruthCracker]

Thanks for this. I was looking forward to your take. I think even you looked a bit shocked.

[Earthlingoid]

Great stuff!

[stevesf12]

I want some inside information on when JPM is going to smash the price down again, so I can sell off the day before and buy it all back and alot more when its been lowered by JPM. Blow the whistle louder next time Andrew and let the world know exactly when it's going to be smashed. Btw I've already bought all I can of silver too but I am starting to nibble a little at gold by purchasing a few 1/20 oz coins.

[silverfuturist]

@stevesf12 I feel the same way but... I just think there will be a time when the reverse happens, the Comex busts, and those who sold lose out on the huge gain.

[ytgv3fc7]

@stevesf12 are you getting the 1/20 coins at a shop do you get sets? Do you pay sizeable premiums on spot for a coin that small?

[jeremyelliott1]

great video 5 *****

[aeronhibby]

I bought Gold! Now I need to save up to buy Silver

[xXdmrusXx]

it'd be funny if this whistleblower was actully hired by JPMorgan and real leverage is not that big

[wildpett]

I have asked myself why Venezuela or Russia for example dont come in and take delivery on the Comex to damage the dollar hegemony. I think you are right that this is VERY politicized.

[Austacker]

Look on the bright side mate, the longer this farce goes on, the more metal you can stack on the CHEAP.

For the enlightened, this is the buying opportunity of a lifetime.

Keep stacking!!!

[pookypoo77]

good job +5

[drutter]

It was an incredible interview. They're calling it the biggest financial fraud in history!

Also, it's interesting to note Maguire didn't mention the car "accident" he was in, the day after blowing the whistle on JPM.

[silverfuturist]

@drutter I am glad they stuck to the silver manipulation, that topic could have taken over the interview.

[drutter]

@silverfuturist

So true. But I could hear them talking about it between the lines. Those of us who've heard about it know what they mean when they say "this has put a huge target on your back" and "you're brave for blowing that whistle" etc.

[AcePilot2009]

Buy gold.

[donniebrasco24]

so whats the use of investing in silver if it's always going to be manipulated? we will never see those big profits if they can slam it down at will... what's the use???

[ytgv3fc7]

@donniebrasco24 I think I see the use and I'm not sure I like the picture. If gold & silver are leveraged so much, and if the exposure must happen as eventually people won't get deliver at any time and premiums will be more than spot prices, the ensuing and assured money system collapse would mean those left holding only paper might have no net worth. cash = 0 effectively (in combination with even a moderate currency crisis). The currency crisis is bad with no metals frauds.

[donniebrasco24]

bottom line: stop investing in ETFs  , buy physical only

[JOConnor100]

The 100:1 ratio is more leverage than what Lehman Brothers and Bear Stearns had on mortgage backed securities.

[libertymom100]

Thanks

[pentel1911]

What's the big fracus about? It's not like their manipulating the stock or bond markets. haha.

[Arginine88]

No one compared to overall population is buying Silver. Yes a lot of people are waking up and record sales were made in 09, and 010 is breaking records with Silver Eagles every month! Let them keep the price down, so I can buy more, if silver went to 30-40-or 50 dollars an ounce, I wouldn't buy or rather I could hardly buy. 100ou=5,000$ damn. However if silver starts shooting up do to manipulation break down and not inflation, then the herds will buy and silver will bubble. Just buy NOW

[professorcurtis]

Thank you for posting this video!

[NovusChaoMundi]

So what your saying is silver is being traded 100:1 paper to physical. That means that for every ounce of silver equells 100 paper promises. Hmmm that would mean that the true value of silver should be 100 times what it is right NOW. I like that I'll keep buying it won't last forever :)

[silverfuturist]

@NovusChaoMundi If the only silver in the world was on the London Bullion Exchange, yes, 100x. But most bullion is not on the exchange, so it means silver is undervalued but not by 100x.

[Eraser7622]

@silverfuturist

True, but remember that the COMEX and silver ETFs, among others, also do not have the physical to settle their contracts.. not sure if it is 100x or some other ratio, but they're very short too. PLUS, the IMF and central banks are playing the metal lease game where they have multiple claims per physical ounce of gold.

i would bet silver is undervalued by around the 50x overall making today's price roughly equal to around $850. Plus the naked shorting w/ no inventory (JPM)

[silverfuturist]

@Eraser7622 Right, lots of estimations, uncertainties and math... but the big picture is simple, own the real thing! :)

[iso56k123]

Really great info. Thanks!

[buyred]

Charts are useless when manipulation is rampant. Silver bugs your day is coming. Take physical possesion now! Avoid paper promises.

[silverfuturist]

@buyred Stock market manipulated, currencies manipulated, metals manipulated... what is real!

[lilbitparanoid]

Things are getting interesting! JPM has to be wetting their shorts (of course the pun was intended). This storm will not blow over. It is very exciting to me, since this could very well be the largest fraud in the history of the world and, for all practical purposes, it has just been busted wide open.

Better get silver quick!

[RightBrainSane]

100 to 1... in the future people will look back to now and talk about how stupid we were.

[silverfuturist]

@RightBrainSane They are going to look back and say that in many ways!

[helpendthefed]

Leveraged 100:1 naked is really going to explode. The sooner the better. The largest fraud in the history of the world. 100's of Trillions.

[silverfuturist]

@helpendthefed It is a fraud, they still have tricks up their sleeve, like shutting down trading.

[wizardofounce]

Good info.

Thanks for the synopsis.

[NovusChaoMundi]

Were all still waiting for the 100th Monkey

[doobsta]

100 to 1 on gold means gold should be 110K per oz troy

Silver close to 200 per oz troy...

Something to think about as you sit here watching the currencies lose value day after day...

People are talking about the dollart going 85 to be something huge...well, it's at 81 right now and if I compare it to my other useless Canadian dollar, it doesn't seem to make a difference. We are practically at par right now..currencies are all going to the same place, whether you choose to believe it or not

[silverfuturist]

@doobsta I don't know how the math translates, because the metals on the exchanges are a fraction of all the metals out there.

[doobsta]

@silverfuturist I am only using logic and the very little info we do have about it to make this statement. I have heard it said the true price of gold is around 42K per oz, and that to revalue it to current US debt would make it somewhere around 62-68K per oz. These sound like ridiculous numbers of course, but once you understand the scam and the amount of time it has been going on, it makes a lot more sense. The exchanges are selling "product" they don't have, what would happen if you did that?

[silverfuturist]

@doobsta The London markets defaulted on nickel a few years back, and it did sent the price up... they changed some of the rules to minimize the impact.

[RyanDotTv]

How much Bullion do you own personally?

[silverfuturist]

@doobsta That 100x price would be true if all the silver in the world was on that exchange, but it is not. Most of the world's bullion is not on that exchange, so when that fraud is up the market will adjust for the paper silver that does not exist, but that still means silver will go higher!

[doobsta]

@silverfuturist from your words, since the world isn't really selling physical silver the amount for sale is drastically much less than even exists.

It would seem that by your logic it should be much higher than 100x or 200x...

I can live with that...

If we adjust for something that just isn't for sale, the scarcity factor just went up 100-1000 fold.

Still, we shouldn't get too excited, it is criminal bankers in symphony with the US / Brit-ish Empire that are allowing this to take place.

[GuildF40]

I care :o)

`Glad it finally posted I had issues to posting mine !

All 5 :o)

[justjacqueline2004]

The whistle blower will get crucified whilst the cronyist manipulators make a fortune.Only the lies have to covered.

[silverfuturist]

@justjacqueline2004 I think the cronyists have secured their physical positions, his story is out now.

[toshibavoodoo]

gratzz 5 stars

[mrstockman]

Hey silverfuturist, do you think silver is a good buy at these prices? What kind of silver would you buy? eagles, maples, generics or philharmonics or it doesn't matter what kind you buy as long it is999% silver.

[silverfuturist]

@mrstockman My biggest concern is not if silver is a great buy (Kiyosaki says under $20 is a great buy) but if they can continue the manipulation, and even formally legalize it. The silver market competes with every fiat currency on the planet.

[mrstockman]

what is the best kind of silver to buy?

[silverfuturist]

@mrstockman American Eagles and other bullion coins let you buy silver and declare it money.

10 oz bars have a smaller premium, but you have to treat them like a commodity and not "money."

I like a combo of the above.

[bunkermunk]

@silverfuturist declare what???

[silverfuturist]

@bunkermunk American Eagles are legal tender, you can declare them as money, bars have to be declared as bullion when you cross borders.

[bunkermunk]

@silverfuturist I say again, declare what ??? :-)

[silverfuturist]

@bunkermunk oh yea, I declare some lint!

[JOConnor100]

@mrstockman I would like to add 90% coinage to the mix.

[bunkermunk]

One reason this news hasn't caused the prices of metal to surge is there is no news. I've been googling and just a couple of small blogs have mentioned it so far. What I think happens is that silver gets hammered now & held down. That's their game and that's when you buy. Listen to the interview folks. Listen carefully. The genie is out of the bottle and the BIG money grim reapers such as Soros and Rogers are ready to bring out the big guns - leverage up - and break the banks. You may join in.

[silverfuturist]

@bunkermunk There is no news to the general public, who don't dig deeper into the news... I think when the big guns are ready, and their physical possession is assured, we will see the breakout. I can't time that breakout.

[ytgv3fc7]

@bunkermunk quite a few news outlets allow readers comments online, I suggest using this to spread the word.

[fal2grace]

excellent. thank you. fav