Gold – Andrew Maguire

Featuring Andrew Maguire

Andrew Maguire of Goldstar Global Ltd. speaks to Real Vision on the manipulation of the precious metals markets. In this absorbing interview, Maguire presents a range of troubling evidence of market rigging which encapsulates currency markets, high-frequency trading, and China.

Published on
10 June, 2015
Topic
China, Gold
Duration
55 minutes
Asset class
Commodities
Rating
12

Comments

  • MS

    Matt S.

    8 11 2016 08:23

    0       0

    "Expodentially"......?

  • BL

    Brian L.

    5 4 2016 01:56

    0       0

    I cant believe the UK just emptied their vaults without having a backup plan. The sovereigns must be planning on embracing a limited supply Crypto Currency like Bitcoin to compete with Gold.

  • WE

    William E.

    18 10 2015 12:49

    1       0

    Mid-October and no dramatic change yet; I completely agree with the premise but the market remaining irrational longer than I can stay liquid rings true. Hold 5% miners and 5% physical in port. FUBAR

  • WH

    Wayne H.

    20 6 2015 15:37

    0       0

    Excellent! Great information

  • CB

    Cliff B.

    19 6 2015 12:55

    0       0

    Short and long

  • ET

    Erik T.

    16 6 2015 00:46

    3       2

    I'm utterly astonished that Realvision aired an interview with a complete charlatan. Maguire was a car dealer for most of the four decades he claims to have been a metals trader. Pure BS artist!

  • MB

    Matthias B.

    15 6 2015 14:46

    1       0

    great and very insightful interview. thanks to both Andrew and Grant. question to Andrew: where can I track the magnitude of rehypothecation, ie bespoken leverage ratio of the physical gold? tks a lot

  • CD

    Colin D.

    15 6 2015 07:59

    1       0

    Really informative and insightful interview. Confirms much of what I suspected was happening out there.

  • LV

    Luís V.

    14 6 2015 18:16

    1       0

    Nice interview gentlemen. So Andrew, BoEngland vaults are empty or just other platforms? Portugal´s gold reserves, as an example, are 55% on deposit status on BoE, so... What say You? Thank You.

  • AM

    Andrew M.

    14 6 2015 15:01

    3       0

    Thanks for the many kind commentts..TheABX is coming soon. Am working on the pairs trade. All metal on BC system is fullly allocated and deliverable T+0 11 global hubs Linked to a central order book

  • FL

    Frank L.

    13 6 2015 16:01

    1       0

    Thank you so much for such valuable information!

  • dw

    david w.

    13 6 2015 07:44

    1       0

    I am convinced that gold will go into sudden and serious backwardation as soon as trading of XAU short/AAU long becomes possible. Andrew, when will the proposed exchange be up and running?

  • SS

    Stewart S.

    13 6 2015 03:49

    1       0

    the best discussion on gold I have ever heard.

  • td

    toby d.

    12 6 2015 22:43

    3       0

    So are services like BullionVault "safe"? They must be safer than an ETF, they say they have 1:1 metal, but not as safe as holding it. Taking risk and cap gains into account, what to do?

  • WM

    William M.

    12 6 2015 19:42

    2       0

    Super interview. Andrew came across as 100% on the ball. Hard to believe this has been going on for so long without penalty. Gordon Brown sold the UK peoples gold cheap to keep the "system" alive.

  • JR

    Jon R.

    12 6 2015 16:12

    1       0

    Alex, Canada has precious metals in ground on private land. Enough to back a currency? This might be the most important part, because confiscating bullion/land will be a huge social issue.

  • CZ

    Catherine Z.

    12 6 2015 11:57

    3       0

    I would also like to hear commentary on Jon's question below. If there's a reset, what is the knock on effect for countries like Canada and Norway who have chosen to sell all their gold reserves?

  • bp

    bart p.

    12 6 2015 09:39

    1       0

    Very good interview about how things go behind the golden curtains.

    Every market is technically manipulated because the underlying factors do not make sense, for instance the distorted value of money

  • KS

    Kashyap S.

    12 6 2015 09:33

    1       0

    Brilliant! It's nice to see non gold bugs talk about gold, without invoking end of the world hyperinflation rhetoric.

  • AE

    Alex E.

    12 6 2015 01:47

    1       0

    Jon, Canada has lots of gold, platinum, palladium and other precious and rare earth metals! Canada will be just fine when the reset happens!

  • JR

    Jon R.

    11 6 2015 19:06

    4       0

    Whats going to happen to countries, like Canada that have no gold? They going to have to back their currency with something tangible. Would love to see more on what after the reset might look like.

  • RP

    Richard P.

    11 6 2015 15:43

    8       0

    An interesting and thought provoking piece. Learned a great deal from Andrew and came away with some great insight – Excellent job Grant- (as always) you have a talent for conducting interviews.

  • VP

    Victor P.

    11 6 2015 09:36

    3       0

    There is almost no physical on normal price available for last three weeks. Probably the moment of truth is approaching and fast.

  • TJ

    Terry J.

    11 6 2015 09:11

    4       0

    Fantastic Interview! The best and most important yet from RealVision for my money!

  • TW

    Thomas W.

    11 6 2015 04:57

    11       0

    They tried to kill the guy. They tried to smear him. You can see why. A no-nonsense , evidence-based indictment of the gold suppression scheme.. KEEP blowing the whistle Mr. M. & good job Grant!

  • DH

    Dale H.

    11 6 2015 01:00

    4       0

    Colorado's securities lawyer Avery B Goodman's analysis, with help from GATA, goes well with this splendid interview. http://www.gata.org/node/15441 Great overview Andrew thank you. Keep us updated!

  • WG

    Wayne G.

    10 6 2015 23:22

    11       0

    Fantastic! What we need now is a primer from Grant & Raoul on offshore structures so we can keep our gold from being confiscated when the reset happens.

  • HW

    Harold W.

    10 6 2015 20:16

    6       0

    Fascinating and instructive

  • db

    don b.

    10 6 2015 19:35

    9       0

    I love that guy! Thanks RVTV for letting the truth be told. You guys are on a roll.

  • PR

    Peter R.

    10 6 2015 18:13

    16       0

    Another fascinating conversation with someone who knows his business inside out. I am no gold bug, but buying some insurance before the house burns down sounds like a good idea.

  • dd

    darrell d.

    10 6 2015 17:58

    1       0

    Q: is there any other market that is this opaque? Copper? Oil? Lumber? Can there be comparisons made to holes in information provided?

  • GT

    Graham T.

    10 6 2015 16:30

    5       0

    Never have so many Central Banks manipulated so many markets for the benefit of so few. Is that what you are saying? mmmmm

  • CC

    Christopher C.

    10 6 2015 15:51

    7       1

    How will the bullion banks go broke? Slowly at first then all at once.