Loading ...PowerBall says:
He’s been wrong along with all the other self promoters on this and other sites.
What’s happened is all the wealth has been concentrated into the hands of a few select people around the world. The new statistic is 80 people hold more wealth than the bottom 3,600,000,000 part of the population.
This is not economic collapse but instead the ushering in of a Dark Age. There’s plenty of wealth available just its in the hands of a very few select people where 1 person has more wealth than 45,000,000. This seems to be the piece of the puzzle that Andrew Maguire, Bo Ploney, Marshall Swing, Jim Sinclair and the rest of the crew missed. It’s not an economic collapse as they predicted where gold would go parabolic but instead wealth consolidation akin to a Dark Age.
This small group of people have been allowed to do everything from rig LIBOR, stocks, commodities including gold prices without any serious investigation or anyone going to jail. In hindsight it appears part of this process was to destroy safe haven commodities like gold prices was required to hasten this process.
cbew says:
Like some here i am still divided about Andrew M. On the one hand he has been promoting the ABX allocated exchange for some time now and there always seems to be a delay in getting it up and running. However, on the other hand, there could be legit reasons for this. Keeping it under the radar of the big Bullion Banks is one good reason.. another that i heard rumours of alot more entities have applied to trade on it and this has caused a delay in opening. Another legit reason is perhaps regulatory roadblocks in his way put up by the TPTB. However, if it were just a fake then alot of work has been done to put up a website for this new exhange.
So the jury is still out for me on AM. Nevertheless, in his recent interview he has stated he believes with absolute confidence that pm prices will be much higher than now at year end 2015. Is that an indication that the ABX ex will be up and running very soon? Like many, I will wait and see but holding my pms close to my breast. As for all the other ones. BP, HO, etc that have been prognosticating for pie in the sky rocket launch of pms every month, they lost all credibility with me long time ago…
Forgot to put the website link for ABX ex…
Check it out.
Also this website:
http://www.goldvu.com/abx-global.html
silver-nurse says:
this site has been completely taken over by the disinfo agents.
there is a reason why a handful of people have taken most of the wealth in the world. it astounds me to see how many commenters here bash people like Andrew Maguire. the total manipulation of every market in the world now is unprecedented. they may drag this on for many more years, but it does not make these analysts/insiders wrong. try to be one of the few that does not lose most of your saved wealth.
a good couple of articles which neatly sums up the whole fraud including gold suppression are here:
https://www.sprottmoney.com/blog/h-to-hide-a-hyperinflation-1.html
https://www.sprottmoney.com/blog/how-to-hide-a-hyperinflation-part-ii-jeff-nielson.html
read them carefully and understand how the whole thing works. then understand how the fraudulent system will inevitably fail. finally, understand why you need to own gold, silver, and platinum RIGHT NOW.
mfields111 says:
Several points:
Andrew is a real time metals trader who works on the floor of the London exchange. This gives him input that you can’t get anywhere else.
He is , as we know, involved in the implementation of the ABX which is a new platform for trading metals that is likely to change the way metals are traded forever because the miners can sell their metals directly without manipulated prices getting a much better fill and because Comex futures will be arbitrageable against higher metals prices in the East. Hence, he has knowledge that is not in the markets coming from that .
Third, it is clear to most of us who follow this market closely that the bankers do not have the metals left to push price lower, and they are not doing so now. Hence from that vantage point alone we can see that a reset would be immanent. If we can see it so can GS and the other bankers who don’t want to be underwater when that reset occurs. Hence Andrew’s position makes sense.
Vegasidler says:
I do not believe a word that comes out of Andrew Maguires mouth. He is a BS artist. I will continue to hold my miners and physical because the future is grim. I will do it despite the precious metals investment world being full of liars and conmen and crazies and fools.