GOLD 0.51% $1,391.7 gold futures

due diligence on andrew maguire

  1. nk
    3,080 Posts.
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    Andy gets a lot of attention these days and his views are widely promoted

    but who is he

    no one knows it seems:

    CPM Group have this to say

    "In March 2010 Andrew Maguire approached conspiracy theory marketing groups. He said he had worked at Goldman Sachs in metals trading, and had first-hand knowledge on how JP Morgan manipulated silver prices on a short-term basis. He also said that he had sent an e-mail to the CFTC in February 2010 saying that JP Morgan was about to ‘slam’ the silver market.

    • GATA, King World News, and Eric Sprott did nothing to verify his story, but began promoting it.
    • The CFTC never acknowledged receiving any e-mail from Andrew Maguire.
    More important:
    • No one in the market has ever heard of Andrew Maguire or knows him. Goldman says he never worked for them. His story of his background keeps changing, as to when he worked for them,
    etc.
    • When legitimate journalistic outlets have approached him for interviews, they have asked him
    to verify his background. He has refused to do so. The Economist, the Financial Times, The New York Times, The Wall Street Journal, CNBC, and others all have been so rebuffed.
    The conclusion is that he is an attention seeker who has never worked in the metals market.
 
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