Will Ferrell and Silver Manipulation Scam

SHOW ME THE MONEY!  This is a famous line from the movie, "Jerry Maguire", starring Tom Cruise and Cuba Gooding Jr.  But this post involves another "Maguire", and how a fake media event is used to create an artificial market for a commodity.  Andrew Maguire and silver.  According to the Wikipedia page:

"No one at JPMorgan is familiar with Andrew Maguire," said Brian Marchiony, a JPMorgan spokesman.  Andrew Maguire is an independent bullion trader and a whistleblower. He notified United States regulators that fraud had been committed, manipulating prices in the international gold and silver markets. Maguire and his wife were injured in a hit-and-run accident a day after he was identified as the source of the allegations.

To continue the story with extracts from wikipedia, on March 29, 2010, he was interviewed on the radio with Gold Anti-Trust Action Committee (GATA) board member Adrian Douglas.  He went public in April 2010 with assertions of market manipulation by JPMorgan Chase and HSBC of the gold and silver markets.  Maguire said "JPMorgan acts as an agent for the Federal Reserve; they act to halt the rise of gold and silver against the US dollar. JPMorgan is insulated from potential losses (on their short positions) by the Fed and/or the U.S. taxpayer.  GATA chairman Bill Murphy gave a detailed account of Maguire's allegations to the Commodity Futures Trading Commission (CFTC), stating how "JP Morgan Chase signals to the market its intention to take down the precious metals. Traders recognize these signals and make money shorting the metals alongside JPM. Andrew Maguire explained how there are routine market manipulations at the time of option expiry, non-farm payroll data releases, and COMEX contract rollover, as well as the ad-hoc events."

Maguire decided to inform the CFTC. He contacted commissioner Bart Chilton.  REMBER THIS NAME!  Maguire explained the manipulations in great detail, both over the phone in an hour-long interview and afterward, in a series of e-mails with screen shots.

Maguire then predicted a manipulative event in the silver market and gave detailed information in an e-mail to the CFTC about what to expect, sending it on February 3, 2010, two days prior to the event. The event transpired exactly as Maguire predicted.  While the event was taking place, Maguire sent e-mails in real time, pointing out certain details because the CFTC enforcement seemed not to know what to look for or how to interpret the data.

Following publication of the article, JPMorgan released a statement that they are not under investigation by the Department of Justice or the CFTC, which has interviewed 32 people and reviewed 40,000 documents, but as of May 2011, no action has been taken.  On February 24, 2011, in less than an hour, the price of silver fell $1.50 per ounce before recovering. Another London-based trader, Richard Guthrie, wrote to Chilton to complain about the event, asking “How many investors lost money and positions to the financial benefit of an elite few?” Chilton believes violations of the law have taken place and wants to see prosecutions move forward, but the five-member commission has yet to act.
But new evidence has come to light that would suggest that this whole drama involving JPMorgan and silver shorts in the market, was yet another fake media event.  You see, the character of Bart Chilton is played by Will Ferrell, a famous comedian, actor, writer and impressionist.  What this means is that this is another fake scam serving as a counter-intelligence production.  It really is a scam on top of another scam, because the silver short manipulation by JPMorgan and their associates is perfectly obvious.  So why bring light to this fact if nothing is done about it.  Perhaps, the purpose of the Will Ferrell/Bart Chilton performance is to help us to feel better that someone has reported it "officially" as an insider.  Perhaps, it is to actually manipulate misinformed retail investors to go out and stock up on silver.  I notice that silver continues its slide downwards from around $50 per ounce which it reached at the height of all of these fake news events surrounding the silver manipulation shorting in the markets.  


This all makes perfect sense in light of the other silver manipulation scams involving Max Keiser and Gerald Celente, who have both been exposed as frauds by Ed Chiarini.

He also plays the role of Chad Smith, the drummer for Red Hot Chilli Peppers!  Apparently, Will Ferrell (if that's his real name) is a highly skilled operative, as can be seen by his mastery of character and in-depth knowledge of a wide range of subject matter, from "massive passives" to Detroit Red Wings hockey ownership.