Andrew Maguire Warns The Price Of Silver Is Set To Skyrocket In A Massive Short Squeeze

July 03, 2015

Andrew Maguire Warns The Price Of Silver Is Set To Skyrocket In A Massive Short Squeeze
Today London metals trader Andrew Maguire told King World News that the price of silver is set to skyrocket in a massive short squeeze!

Andrew Maguire: “Silver is the big story at this time. And it gives away what the same market-making bullion banks are up to in gold. In almost 40 years of trading I have never seen such a bullish set up in silver….

“We will look back (and marvel) at this unprecedented inflection point. Since we’ve started the year, open interest in both gold and silver have increased while prices have declined. Silver is the primary focus because it involves the same actors in a much smaller market and the footprints are much easier to read.

The Same Entities Who Were Naked Long Silver At $49 Are Now Record Short

Silver started the year at around $16.50 and had an open interest of around 150,000 contracts. Last Friday silver closed at $15.76, with an open interest of around 200,000 contracts. That’s a 50,000 increase in open interest. This evidences a large short position that’s been built up since we ended 2014. The only question that remains is: Who holds this short position?

We can clearly see that the swap dealers, who crafted and setup the building of this short position, have successfully transferred it to the managed money or hot money funds. These managed funds are naked short for the first time since last October. This is an unprecedented and historic short position held by these same naked short specs who were naked long 50,000 contracts less at $49 silver.

These Weak Hands Are Now Exposed To A Massive Short Squeeze In Silver

So these same weak hands are now exponentially more exposed to a short squeeze than they were ever exposed to a long rinse (at $49 silver). And I’m quite sure that the primary bullion banks — the producer merchants who hedge silver — have successfully built a large inventory of discounted silver and are poised to pull the trigger on higher prices now that the naked short open interest has reached unsustainable and historic levels.”

Yes there was a protest for days in Sacramento over the vaccines. I talk to them and was while it was going on.

A few days were hot like 107 and 109 and they were out there in that. That’s why I posted why Pan who instigated it and was accept ion money from Pharmas drive by to park and was laughing at them.

Also they have a bill to pay doctors to fully vaccinate and these doctors are pushing them on everyone. Just today someone posted that her child got sick after one states seizuring and even then they tried to give him another.said might as well get his MMR too while he’s here.

She was ready to kill him she said. Pan also has it on his agenda to do the same for adults saying they can’t work if they don’t have proof of vaccinations. Pan deserves a special hemp tree and Brown not far behind. It’s all their plan for profit any dont care what they say who died who suffered these children are nothing to them nor the civil rights of the children or parents.

I posted on a new 10 Sacramento blog when they asked about fourth July what you plan I said for what your freedoms you don’t have in short. Got friends requests over that lol

Ha! Good on ya. Hope someone can either re-load for you or you get everyone that comse in.

I suspect if it isn’t the jack booted thugs you’ll be just fine. 🙂

I didn’t think all those people were stupid, maybe 60%?

Dice is from my old digs in Huntington Beach CA. – so were his interviewees.

What I did find interesting was that the guys were like “yeah, whatever” but the two women were like “no dude”.

Thing is, if the women stand up and tell the NWO to piss off, the men are sure to follow. JMHO

Course those were all CA. folk, who don’t tend to be the sharpest tools in the shed, although I guess there was a big crowd protesting mandatory school Vaccines in Sacramento. The criminals still passed it though.

Sorry but we need some violence to capture the crook bankster/politicians and string them up. Then maybe they’ll get the message.

Greek Banks Considering 30% Haircut On Deposits Over €8,000: FT

The unfortunate thing is that I suspect it’s coming to a theatre NEAR US. Probably not this year or even next but these criminals will push the envelope until we finally break. The question is will the youth have to be led by us old crusters telling them that they can no longer be slaves to bankers or will they figure it out themselves? Will they be willing to give up their I-phones for true freedom?

Big questions in my mind, and there’s only a couple of brain cells left. 🙂

And guess who the dummy is!

Agree, this is all show intended to see how far the NWO crowd can push until the people finally revolt with violence. This is another Cyprus style test with a larger population. As for the voting machines, there’s no doubt that they are absolutely corrupt, and while I am pulling for Tsipras and Varofukas I have to think like you do that they may be compromised.

Hard not to get involved in the theatre isn’t it?

Why don’t American citizens demand voting machines be outlawed. I remember  polls done when Ron Paul was running. When the poll was done where there was no voting machines. the results were almost identical. However in ridings where there were voting machines the results were divergent, with, naturally, Paul being  the loser.

The Greek leaders have to know that the fix is in with voting machines. Is this a easy out for them because they have they been bought off or threatened?

Just in case anyone is laboring under the delusion that the media is giving an accurate financial picture

“While the kneejerk reaction algos were focusing on the +223K jobs number reported by the Establishment Survey, few if anyone notched that the Household survey reported a decline of 56,000 workers in June….”

http://www.zerohedge.com/news/2015-07-02/part-time-jobs-surge-161000-full-time-jobs-tumble-349000

Rich

“Then they came for the USA—and we laughed because there was no way that they”….could get the US military to fire on its’ own people…and then the civil war began.

Chinese Government “Losing Control”: Stocks Are Collapsing, Hitting New Bear Market Lows

http://www.zerohedge.com/news/2015-07-02/chinese-stocks-are-collapsing-again-hitting-new-bear-market-lows

I don’t disagree with much of what you said. I do believe, like you, that Sinclair et all are beacons of truth in a filthy and corrupt world. The “sky is falling” has been said for more years now than I care to remember. I don’t know, and neither do they, when or even if the sky will actually fall and there will be a reset that actually benefits gold.

As for Greece, it is amazing to me that the peoples of Europe stand idly by while the technocratic banksters in the EU wage war and destroy the lives of 11 million people. It is sickening that we are forced to live our lives around a few elites that have the ability to print phony money and then use it against us.

I hold zero hope for a “no” vote in Greece as the votes will be counted by “Software distributor SinglularLogic, which has been hired to run the vote counting and data processing, should be able to provide an estimation of the winner a few hours after polls close”

Just the name of the software company “Singular” makes me want to puke. Singular thinking, singular gov’t, singular world order. You get the picture.

Freshly rebuilt Southern steam from the Tennessee
Valley Rail Museum, hauling it’s first Gold Train in 20 years.
http://www.railpictures.net/viewphoto.php?id=536236
http://www.railpictures.net/viewphoto.php?id=536288
This Southern belle is SMOKIN’!
http://www.railpictures.net/viewphoto.php?id=536980

Happy Holiday weekend!

I will respond Sunday, as I earlier indicated.
You, as all, deserve a response to your question.
So, tell me EXACTLY where Willie, Sinclair, GATA, ZH, King World, Holter and the rest have been right and have benefited goldbugs in the last 4+ years.
They have been right in upholding the truth about gold and silver. An analogy may be approached here:
In past historical times of enslavement and suppression those that stood and never lost the light of truth and freedom were always greater men than those who cowered and lost their belief to the masters. I am not suggesting you are cowering. I am suggesting you have lost your way, if you think, their collective voices are not important and must continue to herald…. the best they can in these very difficult times. It is not that they have not been correct….It is the degree of evil now present which has overwhelmed us all. Frankly…I as one will stand with them. I have lost “wealth” in these years in stocks….walking this pathway.
In quick reference to Greece again….in a few words….all nations are NOT created equal. A very real and cruel fact. I would suggest there is nothing we as a collective or other peoples can do about such situations. When checks and balances of natural evolution are manipulated they will re-balance….
This complete illusion of free money will re-balance…hence I will read and believe the collective of thinkers you have chose to demean. I see this re-balance coming sooner than later…..in my humble opinion.

Home

20 years ago anyone would have been embarrassed to print that report or laughed out of the meeting room. – Dave’s NY friend

For the record, “middle class” is defined as anyone who does not have enough cash laying around to buy their own Congressman, Senator or the Oval Office. This means anyone reading this who has a few million in the stock market, bonds and a house or two will soon be stripped of that unless they convert that “wealth” into real money.

Our system is well past the breaking point of recoverability. I asserted in 2003 that: “the elitists running our system will hold up the system with printed money and debt certificates for as long as it takes to sweep every last crumb of middle class wealth off the table and into their own pockets.”
We are witnessing the end-game phase of this operation.

Since Obama took office in January 2009, the U.S. labor force has added 2.827 million people. Obama’s claim of adding 11 million jobs is just a straightjacket-and-electrodes-crazy lie no matter how you cut it.

What is even worse is that those additions to the labor force came from the total pool of people added to the working age population—a pool that has grown by 15.924 million people.

So under this so-called jobs president, an astounding 82.25% of people enter their working age years without working and without looking for work. Think about that number for a second. More than four out of five people who aren’t working or looking for work is grim, worse-than-Great-Depression-ugly, no matter how small the sample is. But the fucking “sample” here is 100% of everyone added to the entire working age population for almost the last 7 years.
Anyone who thinks that what’s happening in Greece can’t or won’t happen here is at best dreaming and more likely unhinged. Based on the real jobs data, it’s guaranteed to happen here.

The the definition of “defining deviance downward.” The phrase was first used by Senator Danial Patrick Moynihan in the early 1990’s after Clinton had assumed office to describe the willingness of our society to tolerate the rising criminality and fraud in the political and economic system.

Nice to see you posting again. Yes we’re aware of Greece as the first of many to come. This could go on for years. While this is going on how can people still post the dollar is going to fall? Are they trying to unload their gold? At the same time what happened to Greet ce with banks closing or Cypress before having some PMs around might have came in handy. The only “currency” that doesn’t need backing. Greece yes had a history of avoiding taxes. So much so would have liked to have gone there and taken notes. However when Europe came up with their bright idea the Euro they failed to structure the debt first and you know the rest of the story with the crash of 08. The rate of unemployment is so high people are living in caves. All across Europe. What do they do make it worse. Now this. They want a vote to stay in our not and getting threats if  they don’t they will destroy their economy with sanction, yet if they do they want to create a devt slave out of the people by increasing taxes at large as well as the retirement age. How is that not seen as crushing their economy. They want the people to vote and from what I heard not telling them what’s in it, sound familar. With that they are probably better off getting out,

http://tinyurl.com/oxngqcs

“Buy it as long as nobody cares about it. By the time they care, you’ll want to have as much as possible.”