- Thursday Conversation — Andrew Maguire — Precious Metal Update
It has been a couple of months since we’ve spoken with Andy and there have been all sorts of interesting developments over the intervening weeks. So please carve out some time to give this podcast a listen as Andy had some very interesting things to share when we spoke earlier today. So what will you hear over the course of these forty minutes?
* Andy discusses the state of the silver market, the challenges in taking delivery of anything in size and the ongoing sham of the SLV and GLD.
* Next, as a metal wholesaler, Andy is keen to the levels where large physical orders reside. He shares those levels and suggests that the paper price will very likely find support there, too.
* And finally, Andy shares some startling information regarding what he perceives as a “cornering” of the global silver market. He’s convinced that this is a bullish development but I’m not so sure. Be sure to listen so that you can decide for yourself.
Thanks again to my longtime friend for so generously sharing his valuable time with us today. Andy has always been a staunch ally in the fight against The Banks and their fraudulent fractional reserve pricing scheme. We are very lucky to have him on our side.