LMBA dealt Christmas silver wild card
Episode 104
Posted 16th Aralık 2022

LMBA dealt Christmas silver wild card

In this week’s Live from the Vault, Andrew Maguire takes a glimpse into the smoke and mirrors world of the ‘LBMA cartel’, after allegations of global silver price fixing playing right into the hands of member banks.

The London wholesaler provides an update on the 27th December BIS Options expiry position, revealing the wayward speculators staring at severe losses and gives an insight into the major market catalysts in 2023.

Andrew Maguire

Precious metals expert & whistleblower

Andrew Maguire is a well-known figure in the precious metals industry, primarily recognised as a whistleblower and expert on gold and silver markets. With nearly 50 years of experience as a commodities trader, he has become a key voice on market manipulation in the precious metals sector, particularly within the COMEX (Commodity Exchange) markets.

As an independent Loco London metals trader and analyst, Maguire has delivered Precious Metals Advisory and Trading services to international hedge fund managers, bullion banks, metal traders, and some of the world’s largest financial institutions. His established relationships with regulatory bodies, including the U.S. Commodity Futures Trading Commission (CFTC) and the Department of Justice (DOJ), as well as the UK’s Financial Conduct Authority (FCA), underscore his trusted role in the industry.

In 2010, Maguire brought global attention to silver market manipulation through a whistleblower testimony to the CFTC, cementing his reputation as a highly credible authority in the precious metals community.

Today, he continues to provide his insights into precious metals and financial markets as a regular commentator on the Live from the Vault podcast, where he explores trends and developments shaping the global financial landscape.

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