edao
Elite member
"Andrew Maguire is a former Goldman Sachs trader. He went public in April 2010 with assertions of market manipulation by J.P. Morgan and HSBC of the gold and silver markets.
Maguire and his wife were injured in a hit and run accident in March of 2010 after Maguire's name came to light during a US Commodities Futures Trading Commission hearing on limiting gold and silver positions held by large market participants in order to prevent manipulation."
source
JP morgan silver manipulaton explained
"The complaint alleges that around June 2008, when JP Morgan acquired Bear Stearns and its short positions in silver futures, JP Morgan and HSBC started a conspiracy to manipulate the market for silver futures and options contracts for their own benefit.
The lawsuit claims the defendants realised substantial illegal profits in connection with their scheme, while investors who had no knowledge of the scheme lost substantial amounts of money.
The complaint alleges that the "illegal scheme" continued until around March this year(2010), when a London-based ex-Goldman metals trader exposed the scheme. Silver prices have soared by about 80pc to a 30-year high since the low seen on February 8 this year."
source
You can read Andrew Maguire's emails here
Maguire and his wife were injured in a hit and run accident in March of 2010 after Maguire's name came to light during a US Commodities Futures Trading Commission hearing on limiting gold and silver positions held by large market participants in order to prevent manipulation."
source
JP morgan silver manipulaton explained
"The complaint alleges that around June 2008, when JP Morgan acquired Bear Stearns and its short positions in silver futures, JP Morgan and HSBC started a conspiracy to manipulate the market for silver futures and options contracts for their own benefit.
The lawsuit claims the defendants realised substantial illegal profits in connection with their scheme, while investors who had no knowledge of the scheme lost substantial amounts of money.
The complaint alleges that the "illegal scheme" continued until around March this year(2010), when a London-based ex-Goldman metals trader exposed the scheme. Silver prices have soared by about 80pc to a 30-year high since the low seen on February 8 this year."
source
You can read Andrew Maguire's emails here