For Part 2 of this interview, CLICK HERE
Last week the shocking news was that on the first day of the COMEX July silver delivery period, JP Morgan posted 30 million ounces of silver for delivery. Now, Andrew Maguire of Kinesis Money, who's been a key witness in the Departmen to fJustice investigation, reports that JP Morgan was told to by the DOJ to reduce its silver position as they negotiate a settlement.
Andrew also talked about the stunning recent silver inflows to SLV and the silver trusts, and explained how the number just simply don't add up.
Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial and commodity markets. Andrew sits on the advisory board of a global physical bullion exchange and is a consultant advisor to many international hedge fund managers, bullion banks, directors and metal traders globally. Andrew is a Director at Kinesis.