Andrew Maguire on with Sprott Money

Tue, Apr 28, 2015 - 1:54pm

This new interview/discussion is tremendous and a must listen for everyone.

As an aside, I'm particularly happy to post this because I had a hand in setting it up...and the end result is terrific! Over the course of this 30-minute discussion, Andy addresses:

  • His background and how he became so involved in the fight against The Bullion Banks
  • An update on the silver manipulation investigations
  • Andy's thoughts on the miners and the mining sectors
  • The bull market and physical demand for gold in euro and other non-dollar terms
  • Risks inherent in the global banking system and the value of holding physical precious metal
  • How Andy is personally preparing for "black swan" events and bank defaults
  • The potential and mechanism for default in London and/or New York
  • More information on the ABX and Andy's involvement there

The original story can be accessed at the Sprott Money site and you can access it here:



About the Author

turd [at] tfmetalsreport [dot] com ()


Apr 28, 2015 - 1:57pm


HA marchas45


Apr 28, 2015 - 2:01pm



Thank you for posting Andy's work.

Apr 28, 2015 - 2:03pm



Swift Boat Vet
Apr 28, 2015 - 2:29pm


I listened before posting, so highly unlikely. Great interview. The 80% physical number Andrew personally has his assets in was particularly important to me. I'm about there, but rest of the family is sorely short of the mark.


Apr 28, 2015 - 2:55pm

Maguire Naysayers

Thanks Turd. I believe this interview will finally put to rest the notion that Maguire is of another camp...per some speculation of fellow members.

The preface to the interview, wherein Maguire provides his history in the sector, clearly paints a picture of an admirable and honorable foundation.

"All but my immediate cash needs and trading needs are invested in physical metal vaulted outside the LBMA system. Gold has held its value for 5000 years and endured all of mans mistakes and it still buys what it did back then. I have no faith in anything else." - AM

Apr 28, 2015 - 3:23pm


Don't you be starting again. Lol

Apr 28, 2015 - 3:27pm

New Maguire Info

Good to see Andy open up with this latest info about his involvement with bringing the JPM whistle bowers forward in the investigation and how that went down. I'm thinking those guys or gals aren't working at JPM and just hope they weren't involved in an accident since.

Apr 28, 2015 - 3:42pm


ok,ok I will claim lifetime victory and let it go

FYI,I just entered a pool with some buddies, winner gets a 10 oz bar of silver. The guess among thieves is, who is closest to the Chinese announcement of official gold holdings.

I picked 5250


Apr 28, 2015 - 3:53pm

@ arch stanton

Just to be clear, I am not putting the 10 oz up....LOL, but it would be fun

I think they don't want to spook the market


arch stanton
Apr 28, 2015 - 3:53pm

Ag 66

You are going to start a competition here. I'm in for 11,000.

Edit: And when they do they will announce that they carry it on the books at $3,000 per troy oz.

Angry Chef
Apr 28, 2015 - 4:06pm

China's Gold Holdings

China will never announce there official Gold holdings. You're talking about a society that has been around for 5,000 years and who's various dynasties once contained gilded palaces. I suspect there holding are much higher than what they say and much higher than what they are if ever to be revealed.

Apr 28, 2015 - 4:08pm


The MSM coverage of Baltimore makes me sick. When the money is flowing and the times are good you see nothing but politicians parading around on TV but when the shit hits the fan they are no longer found. The media is now interviewing PASTORS and asking what went wrong and what needs to be done. Where are the all knowing political leaders at this time? The cowards are hiding.

Apr 28, 2015 - 4:36pm

Maguire style

He has the ability to make you feel excited....perhaps overexcited. But I still like him.

Apr 28, 2015 - 4:58pm

" Can I get an A.M. Amen?? "


Much of the metals community, through superstition, the inability to think and the Cult of Personality Mega-Church mentality, has turned into nothing more than a giant false religion.

Of which Silver and Gold, if they could speak, would likely say "Beware, many will come in my name (yapping about "Silver" and "Gold") but will deceive many" focusing instead on paper silver and paper gold, and leading crowds into the system context of charts, reports, and those magical mystical "markets".

Then to add another layer of confusion to already confused minds, we have the Agent Andy phenom. Andy is a mega-church proclaimed whistle-blower/super-hero who has made statements and many speeches regarding his efforts to fight "manipulation"!!! ...which is 100% legal and wouldn't be legitimately prosecuted even if it were not legal. Don't laugh yet, it gets better...

Andy also makes outrageous "market" (as if there were one) predictions, and predictions about the behind-the-scenes activities of sovereign nations, (which he "sees" . . . somehow), and through these great predictions, WHICH ARE ALMOST ALWAYS WRONG, he leads many diverse factions of the paper-metal-mega-church.

Now it's getting so weird that anytime his name comes up the congregation's hearts and minds commence to flutter.

They don't know whether to bow down to his status in the church, or shamefully keep supporting him like an abused spouse who won't leave, as "this beating is no different than beatings past".

Others steeped in the Manipulation doctrine get frustrated with the few who point out his abysmal prediction record and then go round-n-round in a false argument about which false narrative should be given the most cult-of-personality weight in the paper silver and gold market mega-church.

It's pretty crazy, and apparently causes amnesia. Because every time a service kicks off, the entire congregation instantly forgets that -

A- Manipulation is legal, since 1934.

B- The U.S. Justice Dept--

  • Works to bring illegals INTO the country
  • Ran (runs) the Fast and Furious gunwalking program
  • Has stated before congress that the banks are too big to investigate, jail, fail, etc.

consider- Any Big Bank or other metals "market" prosecutions will either 1- Never Happen, or 2- Only happen as part of an orchestrated operation to make a run-up of the usd/silver and usd/gold charts look organic ("market" related). something like...

Metals Booming As JPM To Be Charged With Manipulation


As for the person Andy M. i've never met him but he seems like quite a nice chap.

My focus is on the promotion and understanding of real Silver and Gold, the metal metals, and i do my own thinking. So this might not be a popular perspective among his followers, but it's certainly nothing personal.

Only Silver and Gold are Money

Apr 28, 2015 - 6:55pm

Maguire heretic

Yep, I doubt I'll even listen to this crap. I probably won't change my mind until I see the screenshots that were supposed to be in that article. Which probably means never. I really have a hard time believing this guy gets so much play when he's obviously full of $#!t. I guess people need heroes even if they're fake.

Apr 28, 2015 - 8:50pm


I like what you say but I also like what AM says. Very confusing.

Apr 28, 2015 - 11:10pm

lakedweller - that confusion thing

I know you know the word cognitive dissonance. It's that feeling you have right before you begin to see the code of the matrix. I have no story to sell you, no tales of imminent market crashes or system resets or whistleblowers. I just call it like I see it, man, and I get it wrong a fair amount, too. But I own that. It's not hard, all you have to do is dig just a little. Go back through King World News and compare every wild tale put out by my dear Agent A to what actually took place. Then, you'll begin to see the pattern of rumor mongering, book talking (his or somebodies), and outright publicity seeking through outrageous claims. As Ss121s post above points out the grandiose claims never come true. Once you know the playbook, you can see it working. Once you see behind the curtain, you'll see the wizard is nothing but a smoke machine, a loudspeaker, and a movie projector.

James Crighton Barfly
Apr 29, 2015 - 12:47am

@Barfly - re AM

Barfly - I hear what you say - I really do. However, on this particular issue, the Bullion Capital one, we have confirmation that the exchange will be formed from Tom Coughlin...... or..... do you believe that Tom too is telling porkies?


Apr 29, 2015 - 1:09am

Andrew Maguire

I've had the benefit of meeting Andrew personally a number of times and speaking with him over the phone on countless occasions. I can tell you all that he is an extraordinarily down to earth gentleman with only the best of intentions in mind. We're very happy to have him sitting on our advisory committee and adding the value he brings from his expertise.

I find his efforts in whistle blowing on the manipulation in the PM market admirable.

Just my two cents on Andrew.



Apr 29, 2015 - 2:58am


Andrew does present himself admirably i suppose, and it's great that you guys have developed a positive relationship. not surprising tho as you guys kind of remind me of each other.

Andy wanted us to buy in to his trading service, to- "Beat them at their own game" playing their own central market paper trading game.

Now you want us to buy into (support, believe in, etc) your new global exchange that promises to "Beat them at their own game" ...w/ another exchange where anon trades from behind the curtain populates a single price chart that if referenced would control the prices of the world's physical Silver transactions.

(Same as the system's current "single chart controls the world silver price" model)

And you both seem to suffer selective amnesia regarding the fact that it's been perfectly legal to "manipulate" the markets since 1934.

...both excellent at diverting conversations away from objective verifiable factual details. on and on . . .

so yeah, quite a pair of characters you gents.

- - - -

btw: as you "connected" guys are likely well aware- there's a big covert push to replace the USD as the world's reserve currency / currency standard.

This might/maybe require a new non-USD exchange (chart), and even a few whistle-blowers to take down JPM(?) sell ditching the current usd/silver and usd/gold charts or some such.

In all your and AM's talks and travels since happening to meet up... You guys heard anything??

James Crighton Thomas Coughlin
Apr 29, 2015 - 4:15am

@Tom Coughlin

Go for it Tom - we wait for you to prove the naysayers wrong by opening your exchange (Bullion Capital) and getting it up-and-running.

Very best wishes


Apr 29, 2015 - 7:30am

Golf clap

I just knew that you would sully up a public thread. Nice work.

Apr 29, 2015 - 9:41am

RE: Golf Clap

Exactly Horse, SS121 and Barfly seem to have more agenda than those they accuse. They've made their poor case, but they seemingly can't let it rest because it eats at them.

I think it's ridiculous, and I'm tired of it.

The birth of first Artist and first critic by means of natural selection

"And of course with the birth of the artist, came the inevitable after-birth, the critic."

lol, Mel Brooks was a genius!

Apr 29, 2015 - 10:22am

TRAC, a modest suggestion

I think you should get the screenshots that those JPM whistleblowers gave Andrew Maguire and include them in every press release, marketing campaign, and web page you publish as evidence that the paper markets are rigged and manipulated. I think that would be a home run in attracting participants over to your platform. That would be truly cutting edge and disruptive, the embodiment of a game changer. Heck, if I saw something like that from you guys, I'd be falling over myself to sign up.

Apr 29, 2015 - 10:35am


Yeah, that makes a lot of sense /sarc

Building an exchange takes a lot of capital and risk taking. Why would ANY rational person add more risk and potential capital burn on litigation risk before a major expansion? That makes ABSOLUTELY ZERO SENSE!

ABX would simply get sued into insolvency before having time to disrupt anything with a superior paradigm. LBMA wouldn't even need to win or be right, they'd just need to outspend and outlast ABX finances.

Your quest has gone irrational quickly...

Apr 29, 2015 - 11:52am

CPE - you made my point

Nothing is going to disrupt a corrupted system from the inside. It must fail under its own weight. Now, lets put together some puzzle pieces.... There's a new allocated exchange where lots of people hand over gold because the exchange promises it's in the vault, a

nd promises that only people who have gold in the allocated vault get to sell. That just as easily could be a rehypothication scheme just like the Comex and be run behind the curtain as a fractional reserve system and it comes along at the same time as we hear lots of talk of empty vaults in London. At the very least, an enterprising bullion bank could use the allocated gold to feed the fractional reserve system. So, it changes nothing. Why? Because if you don't hold it, you don't own it. edit to add, want to break the system? Become your own dealer and get more people stacking.

Apr 29, 2015 - 12:39pm


No, I didn't make your point. You shifted your point so as not to be wrong.

Nevertheless, I'll respond. If you truly believe that a grassroots "little guy becomes his own dealer" is the method for ending the bullion banking system then I'm not sure what there is to discuss. It's preposterous to believe that big money is going to never rely on 3rd party vaulting. I'm all for backyard burying, but I simply do not believe that enough of the 170,000 tons worldwide is going to be buried in backyards and wherever you keep you dealer inventory to make much of a dent in the global flow of bullion.

You've make the leap from distrust of the comex/lbma/bullion banks to distrust of all business but your own. I believe there are 3rd party vaults worthy of trust that do true accounting, provide direct title and conduct audits both internally and via 3rd party, even 3rd parties picked by the clientele. If we can't agree on this short paragraph then I should not have responded at all as there would be little to talk about.

You're really making my point with all of this, your usual good head for thinking seems to have been corrupted by some strange hatred of Andrew Maguire.

Apr 29, 2015 - 1:44pm

Here's An Idea

Tom is putting his money where his mouth is. He had the courage to face his inquisitors right here, real time, and answer all questions put to him.

THAT speaks volumes.

Andrew Maguire, love him or hate him, is a compelling person whose opinions and viewpoints I find extremely valuable. He too puts his money where his mouth is.

For the both of them, I am most appreciative.

As for Barfly, SS121, et al., I too find their viewpoints extremely important and compelling. There is NO DOUBT in my mind that the sole world's silver chart is a representation based on facts which are NOT known. Hence SS121's point of view, a correct one, I might add, is that the chart is a synthetic representation which purports to establish a price point for supply and demand. I am like SS121, I do not believe the chart for one second.

The entire western fiat scheme is provably, by its very own terms printed on the FRNs, a DEBT backed scheme, based on counterparty promises to provide value, as opposed to an asset backed scheme based on real value.

The ENTIRE premise of the western fiat scheme is a giant FRAUD!

So, like SS121, and the others, I am quite skeptical of those who profess their desire to defeat the current fraudulent fiat scheme by actually using that very scheme.

On the other hand, what Tom and Andrew have done, is identify a plausible method, which, if operationally functional, and which is allowed to exist by the forces in control, could damn well lead to real price discovery for precious metals. THIS, very well could lead to the dismantling of western paper efforts to suppress metals prices, leading to a proper valuation of the ultimate collateral.

If gold/silver ever do get valued properly, relative to the existing debt currencies, then there SHOULD be some combination of gold/silver price appreciation in terms of that fiat currency, as well as a radical decrease in price in fiat terms of supposed assets other than precious metals.

For example, the Greek sovereign debt is clearly not going to be repaid. No one that is sane thinks it will be. Hence, the solution to this insolvency issue is not to default, for that would wipe out quadrillions of derivatives, leading to big bank failures, etc. So, that will never be allowed to happen.

Instead, that huge stack of Greek sovereign bonds, will be renegotiated, rolled over, hypothecated, ad nauseam, until either a new global commerce scheme is implemented, or the debts are inflated away.

As a result, if the system stays afloat, fiat paper will continue to be printed into existence, and gold/silver will continue to appreciate in terms of fiat paper valuations. It is only a matter of time before gold/silver get revalued to their proper levels in terms of fiat. Either they do, or they get revalued in terms of a new global commerce model, using something other than the current fiat scheme.

It really is that simple.

So, we should not attack one another.

Why don't we instead offer encouragement, and ask the various involved persons to update us instead?

Just my $0.02

James Crighton
Apr 29, 2015 - 2:15pm

a thought regarding Andrew Maguire and his detractors

I've done a little research and find that Andrew Maguire is a key witness in the lamentably poorly publicised class action presently underway (in the USA) against JPMorgan and other "TBTF" banks. It would appear that the proceedings are quite far down the line and that the evidence against the banksters is overwhelming (no surprise there).

My question then: Is it just possible that the banksters have moles / trolls about the place to serve their purpose in relation to the class action (that they appear to be losing)?

just sayin'


renozep California Lawyer
Apr 29, 2015 - 3:07pm

@Cal Lawyer- Here's an Idea

Primo Post. Thank you for that one.


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