Coghlan Capital & Andrew Maguire Launch Precious Metals Service

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Wed, 02/23/2011 - 09:49 | 988057 stopthenewworldorder
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pick their pockets hmmm

Wed, 02/23/2011 - 10:16 | 988111 Pegasus Muse
Pegasus Muse's picture

Maybe Andrew has an associate that's going to hang out with the JPMorgan PM Taders at the bar after work.  You know ... the ones that like to brag how they "manipulate the silver market".

Where is GoldCore's daily update, Tyler?  I like their stuff. 


Wed, 02/23/2011 - 10:29 | 988175 unwashedmass
unwashedmass's picture


good for Andy. that said, he probably won't be getting tips any more on when JPM is going "move' the market...

then again, after today at 1:30, those days may be over.....

as the Comex collapses into the steaming pile of corrupt shit that it is.

adios, gary.

Wed, 02/23/2011 - 11:20 | 988404 SilverRhino
SilverRhino's picture

Joy, another paper PM product.   I can do just fine buying and holding PM's and oh yeah, NO PAPER trail!

If you don't hold it you dont OWN it.



Wed, 02/23/2011 - 09:51 | 988062 stopthenewworldorder
stopthenewworldorder's picture

aka scalping


Wed, 02/23/2011 - 10:14 | 988122 Pure Evil
Pure Evil's picture



Wed, 02/23/2011 - 09:51 | 988064 critical_mass_soon
critical_mass_soon's picture

wow im first to post?


er... hello BTFD Bitches!

Wed, 02/23/2011 - 09:53 | 988072 stopthenewworldorder
stopthenewworldorder's picture

silver bitchez!

Wed, 02/23/2011 - 09:52 | 988070 Flore
Flore's picture

why should you trade paper ? Buy coins and bars and keep them.. you buy gold to get out of paper

Wed, 02/23/2011 - 09:53 | 988076 nontaxpayer
nontaxpayer's picture


Wed, 02/23/2011 - 09:53 | 988071 nontaxpayer
nontaxpayer's picture

Isn't A. Maquire THE whistleblower?

Wed, 02/23/2011 - 09:54 | 988078 stopthenewworldorder
stopthenewworldorder's picture

absolutely.  make no mistake this is a big deal - this way he can offer everyone visibility to what he sees - ie you get to scalp the shorts using the same methodology he employs

Wed, 02/23/2011 - 10:06 | 988114 Careless Whisper
Careless Whisper's picture

real-time calls made by Maguire through an encrypted,

finally. someone with the know-how and capital to fight the market manipulators!

bahahahahahahahaha this will be fun to watch the silva shorts squirm.

Wed, 02/23/2011 - 09:54 | 988079 AN0NYM0US
AN0NYM0US's picture

byron Wein on Bloomberg this AM


"everyone should own Gold it's going to 1600"

Wed, 02/23/2011 - 09:55 | 988082 eigenvalue
eigenvalue's picture

What's Blythe Masters doing? She is supposed to raid the silver market! I put my bid at $32.14 last night but she didn't give it to me. :(

Wed, 02/23/2011 - 09:58 | 988088 LongSoupLine
LongSoupLine's picture

physical and perhaps PSLV.


Kick Blythe in the fukin' teeth...go physical or go home.  period, bitchez!

Wed, 02/23/2011 - 10:47 | 988134 Pegasus Muse
Pegasus Muse's picture

Did you read Harvey Organ last night?  Tons of silver being extracted from the iShares Silver Trust, SLV.  (Same thing for physical gold and the GLD.)

The story is the Chinese and other Asian traders have figured out how to extract a lot more physical silver than they can get from the rigged/controlled COMEX/LBMA markets.

They're loading up on SLV.  If you have enough shares you can force the fund to deliver physical metal.

Wonder how long until SLV's hoard of physical silver is gone ... gone .... gone?   


Here's a cut & paste from Harvey's blog:

Let us head over to our non physical ETF’s


Total Gold in Trust

Tonnes: 1,218.24


Value US$:

 Friday's total:

Tonnes: 1,223.10


Value US$: 54,393,245,857.75

What on earth is going ON here!!! A drop of 4.86 tonnes of gold?

There is now no question that the Chinese are buying massive GLD shares and tendering them in for metal. The metal is in the depository. It just does not belong to the Bank of England.

The Arabs are the ultimate beneficiaries of this metal. The Bank of England has massive migraines as they do not know what to do with this situation.


Let us see SLV: Feb 22.2011

Ounces of Silver in Trust: 332,531,620.000

Ounces of Silver in Trust: Friday 19th Feb:  338,195,424.40 

We lost a huge: 5,663,804 oz.

I can now safely say this: when oz are removed from the GLD or SLV it is real assets that are removed and they head for China.

If the inventory is added then it is just "paper" added without any physical presence.


Now for our physical ETF’s

The Sprott gold fund PHYS registered a positive to NAV of 4.98% tonight.

The Sprott silver fund PSLV registered a positive to NAV of 13.97%

The Central Fund of Canada (CEF) registered a positive to NAV of 9.1%.

These Premiums to NAV are creeping up. 

Wed, 02/23/2011 - 09:59 | 988094 jesse livermoore
jesse livermoore's picture

as if I needed another reason to buy silver................

Wed, 02/23/2011 - 09:59 | 988095 boooyaaaah
boooyaaaah's picture

Bad Central Banker

Good Central Banker

What is it ZH?



BUENOS AIRES, Argentina | Argentina’s Central Bank chief resigned Friday, saying he could do no more to protect the nominally independent institution from the president’s efforts to control its dollar reserves.

Martin Redrado claimed credit for bringing Argentina monetary stability for the first time in 30 years, but said President Cristina Fernandez had disregarded this achievement while unconstitutionally ordering his removal.

“I went through all the institutional steps,” he said. “Unfortunately, the government didn’t do the same and disregarded the independence of the Central Bank.”

The president ordered Redrado fired this month after he refused her decree to make the bank’s reserves available for paying off $6.6 billion in national debt and also for spending of undefined “excess reserves” for other purposes.

The Central Bank has about $48 billion in reserves, and some analysts said the decree’s wording would enable the president to unilaterally use more of it for other spending.

A judge blocked Fernandez’s decree and a congressional panel had been considering whether to approve or reject it.

Fernandez had urged the panel to rule quickly to resolve the crisis.

Her Cabinet chief refused to accept Redrado’s resignation Friday, in effect saying the bank president can’t quit because he has already been fired.

“For us, the resignation doesn’t exist,” Anibal Fernandez told the C5N news channel, adding that the government would wait for the congressional panel’s decision.

Fernandez wanted the reserves to be used for a “Bicentennial Fund” to resolve court battles over bond payments after Argentina defaulted on its debt in 2001. The bond holdouts have sued in New York, becoming a key obstacle to Argentina’s return to international debt markets.

Wed, 02/23/2011 - 10:27 | 988167 Oh regional Indian
Oh regional Indian's picture

When Patagonia rocks again....

A nation that is hardly in the news and is yet home to a massive swathe of arable land, forests, water.....

Also completley nazi influenced, especially since the end of WWII. I suggest anyone who has the time watch Adrian Salbucci on you tube. Brilliant.

What's Argentina's role? Mystery.


Wed, 02/23/2011 - 10:00 | 988097 stopthenewworldorder
stopthenewworldorder's picture

short-term you can hurt her more by using maguire's service and thereby messing with her playing-field.  multi-faceted attack on the shorts, bring it on!

Wed, 02/23/2011 - 10:00 | 988098 fijisailor
fijisailor's picture

Fake silver coins made in China turn up in WA state.

Wed, 02/23/2011 - 10:08 | 988120 sudzee
sudzee's picture

China best known for "fakes" and Wall Street for " fraud".

Wed, 02/23/2011 - 11:14 | 988368 Snidley Whipsnae
Snidley Whipsnae's picture

These fakes at link will fool most sheeple on the street. They are listed on Ebay and ship from Hong Kong...

The description reads...

"The above auction is a replica. I have marked "replica" or "copy" on each coin. Please don't buy them as original coins. They are only used to add your collections. And I sell those copied coins only want to make your collections more perfect."

Wed, 02/23/2011 - 10:10 | 988124 Careless Whisper
Careless Whisper's picture

not very good quality. just like the louis vuitton bags, if you look close, you can tell it's fake.

Wed, 02/23/2011 - 10:40 | 988205 Snidley Whipsnae
Snidley Whipsnae's picture

These fake coins are listed on Ebay in about every denomination/date that one can imagine. A lot of them are shipped from Hong Kong.

I have seen many of the Morgans at local swap meets, usually the sellers are not regulars but are here and gone in one or two weeks.

The first 'tell' on the fake coins is the very low asking prices, usually at least 25% under the cost of genuine coins. Also, all of them that I have seen have been in incredibly excellent condition, almost all looking uncirculated.

Why are the minters/sellers of these coins not being prosecuted for counterfeiting? If an American decided to mint US Coins s/he would be prosecuted. Are the Chinese immune to US counterfeiting laws? Is the Treasury not interested in goinging after these crooks? Lastly, why is Ebay letting these crooks sell fake coins on their site?

Wed, 02/23/2011 - 10:41 | 988210 smlbizman
smlbizman's picture

imho, me   thinks a worldwide campaign to drive this fear of authenticity in the minds of the sheep and even the more aware, would  slow down the silver market more than all their wasted paper....lets face it, fear works when ever they need it to..

Wed, 02/23/2011 - 10:55 | 988275 Snidley Whipsnae
Snidley Whipsnae's picture

You're probably right. I have been a coin collector forever so I can spot the fakes easily.

I do find it hard to believe that a long time pawn shop owner failed to spot the fake Morgans.

I know some pawn shop owners and none of them would be taken in by a stack of fake Morgans that were all in near mint condition, differing dates or not. Any pawn operator that gullible will not last in the business long. If the owner cannot spot a fake Morgan how well would s/he do with precious stones?

The only gullible pawn operators that I have come across are the new chains, like Pawn America, etc. When they first opened they were getting creamed with fake everything and were selling their genuine items way too cheap. Turned out they hired 'managers' and clerks that were clueless about the pawn business.

To be successful in the pawn biz one must know a lot about a lot of merchandise as well as knowing what are the 'hot moving items' of the moment...btw, by hot moving I do not mean stolen, but what is trendy.

Wed, 02/23/2011 - 10:01 | 988100 Oh regional Indian
Oh regional Indian's picture

I had a better idea of starting a pure physical holding fund here in india. Storage and security costs would be really low, compared to the west. 

But did not go anywhere. To much selling required.

But these funds and funds of funds and mutually exclusive funds. A few computers, an inside view and a famous name.... off and running.

Money business is deceptively easy. Till it isn't.


Wed, 02/23/2011 - 10:03 | 988104 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

It's it time to launch criminal action against the scum behind the silver keiser scam yet?

Wed, 02/23/2011 - 10:07 | 988113 jesse livermoore
jesse livermoore's picture

what is the scam?

Wed, 02/23/2011 - 10:13 | 988125 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Hijacking the good natured "Crash JPM, buy silver" campaign and taking $5m+ of people's money for a product (a silver keiser coin) that has since not been delivered upon.

Max Keiser had personal contact with the people behind this as he gave them his approval to use his image on the coin... will he be helping the police track down these scum??

Wed, 02/23/2011 - 10:12 | 988131 TheDriver
TheDriver's picture

You've been bitching about that company on ZH for months. This isn't the venue to solve your problem. Contact an attorney if it's that important to you and next time, buy from a reputable dealer.

[wow. easiest captcha ever: ___ minus zero equals 49]

Wed, 02/23/2011 - 10:04 | 988107 sudzee
sudzee's picture

This should help to expose the "game". Regulators will probably try to shut this thing down before it gets too far. 

Wed, 02/23/2011 - 10:27 | 988169 lsbumblebee
lsbumblebee's picture

Speaking of Andrew Maquire, here's an interesting post from Gold Harvest Under a Silver Moon:

"The Friends Of Andrew Maguire [FOAM] look to align themselves as a group to punish the CRIMEX and force them to either deliver a massive quantity of Silver to them in March, or pay a heavy premium to them to keep the rigged CRIMEX game going.

FOAM have a target price of $37 Silver set for First Notice Day February 28. FOAM began their assault on the CRIMEX when price broke through $31 last Thursday. Their intent is to run price up to, and possibly through, $37 by First notice Day. If they can achieve a price of $37 or higher they will settle their long futures contracts with the Crimex at 20% premium to spot. If they fail to break the $37 barrier, they intend to actually fund their positions and force the CRIMEX to deliver Silver that FOAM believes they do not have."

Wed, 02/23/2011 - 13:12 | 988938 4horse
4horse's picture

that dare not speak its name . . . has there been any disclosure as to the ID of that ostensibly arrested demo driver who introduced himself to andrew/and wife in that london CrashUp . . .

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