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  • Dirty Deeds Done Dirt Cheap: Who Is The Real Fraud - Andrew Maguire Or Jeffrey Christian? 2 comments
    Oct 28, 2013 11:35 AM | about stocks: TRRXF, MUX, GDX, GG, GLD, SLV, NEM, AEM, RGLD, AUY, SLW, FCX, RIO, BHP, TCK, VALE, SSRI, PAAS, NG, KGC, EGO, GDXJ, FXI, CU

    Watch the videos:


    Dirty Deeds Done Dirt Cheap: Who is the Real Fraud - Andrew Maguire or Jeffrey Christian?

    (click to enlarge)


    Andrew Maguire's Employer Responds to Jeffrey Christian's Fraud Allegations

    The ongoing war between the corrupt financial system and people still standing for the real human values will include all form of deception and treachery, we will judge all the involved by their deeds and not just words.
    We know what Andrew Maguire is doing now - he is exposing the fraudulent Fractional Reserve Gold System at LBMA and ongoing manipulations in Gold and Silver markets.


    Gold COMEX Claims Per Deliverable Ounce Rises Above 55 at These Prices GLD, MUX, TNR.v, GDX

    Jesse reports about the ongoing Game of Musical Chairs in the Western Fractional Reserve Gold System with manipulated LBMA and COMEX Gold markets. With China taking now all physical delivery from the system the entire Western Gold market is under enormous pressure.

    We found it very positive that with more unleashed attacks on Gold - in order to redeem physical Gold from GLD ETF holdings - it is more and more difficult for Gold market manipulators to keep it under $1300. Physical demand is pushing the price right back up. Goldman Sachs clients are not doing very well if they Sold their gold below $1300 following the House Gold Sell Call. This week we had a very impressive breakout in Gold, Silver and Gold & Silver mining stocks.


    Gold Spikes to $1349.00 - Is Initial Claims Report Leaked Again? GLD, MUX, TNR.v, GDX, SLV

    We know what Jeffrey Christian is doing - he is attacking GATA and Andrew Maguire now in order to put all idea about Gold Market Manipulation under question mark.

    Our heart lies more with people like Matt Taibbi and Andrew Maguire here and we hope that baseless allegations will be met with facts by Andrew next week.


    Jon Stewart And Matt Taibbi: Banksters, Presstitutes And Why Nobody Should Shed a Tear for JP Morgan Chase

    "Matt Taibbi continues his brilliant work as one of the last real investigative journalists left at his best. Jon Stewart is on par translating the situation for those who has difficulties with concentration and reading.

    We will ask our rhetorical question again: after LIBOR fraud, FOREX manipulations, Mortgage scam and Pension looting - Is The Gold Manipulation To Be Admitted Next?"

    Maybe it is just because Jeffrey Christian is part of the fraudulent system going as far back as to Goldman Sachs? Who are you really Jeffrey Christian? From CPM website:

    "Jeffrey M. Christian is Managing Partner of CPM Group.

    He has been a prominent analyst and advisor on precious metals and commodities markets since the 1970's, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis in general. Mr. Christian is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering using options for hedging and investing purposes. He is the author of Commodities Rising, 2006.

    He founded the company in 1986, spinning off the Commodities Research Group from Goldman, Sachs & Co and its commodities trading arm, J. Aron & Company.

    He has advised many of the world's largest corporations and institutional investors on managing their commodities price and market exposures, as well as providing advisory services to the World Bank, United Nations, International Monetary Fund, and numerous governments."

    You can dig more into the history of his relationships with GATA here:


    The Great Gold Debate Jeffrey Christian (CPM Group) against Bill Murphy (OTCPK:GATA) - Starting with an amazing quote


    Andrew Maguire: Gold Smashdown, FED Defends The Dollar And How Goldman Sachs Operates. GLD, MUX, TNR.v, GDX

    "Andrew Maguire presents to us the chronicles of ongoing war behind the curtain with FED defending the US Dollar at the crucial level 80.00 and how the FED's #1 Gold Prime Dealer Goldman Sachs operates in the Gold market. Now we have more information on why Goldman Sachs has issued the Sell Call on Gold last Wednesday.

    All these revelations will never lead to the higher Gold prices without Buyers and one can argue that this manipulation can go forever. According to the Andrew Maguire the key crucial difference now is that Central Banks are buying and, particularly, China is taking all available Gold for physical delivery now."


    Max Keiser: CFTC Investigation And JPMorgan Whistleblowers on Gold And Silver Manipulation. GLD, SLV, GDX, GDXJ, MUX, TNR.v

    "The "results" of CFTC "investigation" in Gold and Silver manipulation stink to the high heaven. With JPMorgan being involved in manipulations in Libor, Energy and other markets and talking now about the 11 billion settlement on Mortgage market manipulations, the idea that CFTC can not find any evidence of Gold and Silver markets manipulations does not fit well with more and more facts coming to the surface."

    King World News:

    Maguire & Sprott Refute allegations & Discuss War In Gold

    Silver Doctors:


    There's been quite a bit of talk about Andrew Maguire these past 24 hours. I've received a handful of emails asking me for my opinion so I thought I would make a public response.
    If you're wondering what all the fuss is about, this all started Thursday when Jeffrey Christian of the CPM Group, who was speaking at the Silver Summit in Spokane, Washington, concluded his presentation with some "revelations" about Maguire's personal life and background- claiming Maguire is "a fraud".
    Jeffrey Christian has had a bug up his rear for quite some time now regarding GATA, Bill Murphy and Andrew Maguire. I wonder why?
    Could it be related to his company's "expertise in financial engineering that utilizes derivatives…"?
    It certainly appears that Jeffrey and his company have a vested interest in maintaining the current, leveraged, fractional reserve derivative system. I mean, it says so right there on the CPM Group's home page.

    Submitted by Turd Ferguson, TFMetalsReport:

    The story was then picked up by Kitco:

    Rather amazingly, just a little over an hour later, the story was picked up and repeated verbatim by Forbes:

    Hmmmm. What, if anything, do we make of this?

    Beats me but I do think some context is required. Below is a link to Jeffrey's company website:

    There you'll find all sorts of interesting tidbits such as Jeffrey's scowling visage:

    Also included is a bio that prominently mentions: "(Jeffrey) has advised many of the world's largest corporations and institutional investors on managing their commodities price and market exposures, as well as providing advisory services to the World Bank, United Nations, International Monetary Fund, and numerous governments."

    Not sure that's the type of endorsement most here would value but apparently Jeffrey thinks it's important. Additionally, this is worth noting, right on the homepage:

    "CPM Group is known for its research and analysis of the metals markets, its overall economic analysis of commodities markets, and its expertise in financial engineering, using derivatives to structure optimized positions for commercial hedgers, and for institutional and high net worth individual investors."

    So…in my humble interpretation…it certainly appears that Jeffrey and his company have a vested interest in maintaining the current, leveraged, fractional reserve derivative system. I mean, it says so right there on their home page, does it not?

    Anyway, Jeffrey has had a bug up his rear for quite some time now regarding GATA, Bill Murphy and Andrew Maguire. Again, I wonder why? Just speculating here but could it be related to his company's "expertise in financial engineering that utilizes derivatives…"? GATA has worked for years to end the blatant corruption of the manipulated paper (derivative) metals markets. If GATA was ultimately successful in ending paper metal derivative manipulation, would The CPM Group need to come up with a new business plan? Again, hmmmm.

    Which brings us to my friend, Andrew. It's been almost four years but do you recall just whom and which organization brought Andrew to the forefront at the CFTC "hearing"? Oh yah…it was GATA! How about that?

    And now here is something to be seized upon. Early in the clip above, Bill Murphy states "Mr. Maguire, formerly of Goldman Sachs, is a metals trader in London…" It is this supposed Goldman Sachs lineage that Jeffrey is claiming to be false. Apparently, by extension, if Andrew didn't actually work for Goldman Sachs, then everything else he has claimed or demonstrated must then be false, up to and including the JPM whistleblowers.

    First of all, regarding Goldman Sachs, I challenge anyone reading this to scour the internet and find one, single incidence of Andrew Maguire stating that he worked for Goldman Sachs. This initial claim by Bill Murphy has been repeated and reported over and over but, as far as I know, never stated by Andrew. I suppose he could have refuted it somewhere along the way but, as I know from personal experience, once you start down the path of refuting everything that gets said about you on the internet, it leaves little time for anything else.

    In the end, I guess I'm confused about what this has to do with anything, anyway. Is Jeffrey claiming that unless you've worked for Goldman Sachs like him, you are not qualified to offer an expert opinion on the metals? If that's the case, how come this site is so successful? I've been a stockbroker, a mutual fund wholesaler and a failed internet entrepreneur. Does that make all of my CoT, BPR, Comex and chart analysis worthless? Apparently not. And what about Andy? All of his trades are documented on the Coghlan Capital site and the only complaint I ever heard from anyone in "Turd's Army" was that the hours were too early for the average, U.S.-based trader. If the guy consistently makes money and, as you can see on the TFMR homepage, Andy is up considerably since April of 2012, why would a Goldman Sachs background matter?

    Look….Andy's been awful busy lately. We haven't even spoken for over a month. By email exchange, though, I know he was very frustrated by the sudden ending of the 5-year CFTC silver investigation and he's been working behind the scenes to get the two JPM whistleblowers a fair hearing. Knowing this, the timing and scurrilous nature of Kitco's and Forbes' reporting seems rather convenient.

    I feel fortunate to consider Andrew Maguire my friend. He is a good and decent gentleman who, like me, has found himself thrust into the limelight, fighting against the central bankers, the bullion bankers and their abettor media. Though we've never met in person, I can assure you that he is an accomplished trader, wise to the ways of the international metals markets. He has a wealth of knowledge and experience, which he has unselfishly shared with me and all of us here at TFMR, in order to increase our understanding of the markets. At great personal expense, he continues to forge ahead in his quest to end the price suppression scheme that has bankrupted companies and brought great harm to their workers, particularly in underdeveloped nations. For his effort, he is subject to all sorts of personal attacks, yesterday being just the latest example.

    He has my friendship and support. He should have yours, too.


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Comments (3)
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    Whistleblower attacked? What's new?
    28 Oct 2013, 11:52 AM Reply Like
  • Jeff Christian
    , contributor
    Comments (2) | Send Message
    Interesting comments.


    Here's the punch line: Maguire is trying to 'put this to bed' by giving his history, admitting that he was only a low level junior employee at J. Aron briefly in Canada, at a time when J. Aron did not have a Canadian office. Not even a good attempt to lie. He could have checked his facts. At Associated Capital in Nova Scotia his first executive level position was... as a debt collector. That's hardly a sterling explanation of his trading history, er, now its his banking experience.


    Believe it or not, I am just interested in the truth. I am tired of liars polluting the precious metals markets. GATA came after me after I gave a speech in 2008 saying the conspiracy theories were distractions that cost investors money, but leading them to make bad decisions.... like staying long silver in May 2011 at $49. Then they continue to purposefully misrepresent my explanation that there is around 100 times more paper metals traded than annual new supply, saying I said that represented individual banks' leverage. Perhaps Maguire, who repeated this lie again today, really is so ignorant of the gold market as to not understand that. And, that number overlooks the fact that each physical ounce of gold refined from mine output or scrap turns over, changes hands, around nine times between mine and ultimate user or investor. SO, if the gold multiplier is nine, then the ratio of paper gold trades to physical trades falls to 11:1, instead of 100:1. But such 'advanced math' is beyond their capacity, or desire, to understand the markets they have appointed themselves as safeguards and experts in.


    The key is what I said at the start: Maguire's defense of his experience in metals trading is to claim that he worked briefly for J. Aron in Canada at a time when Aron did not have a Canadian office. He is not even a good liar.


    Enjoy. I've got work in the real world to do now.


    29 Oct 2013, 09:46 PM Reply Like
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