An Open Letter to Jeffrey Christian & The CPM Group on the SGE

jeffrey christianIt appears that our friend and Managing Director of the CPM Group Jeffrey Christian does not have a very good understanding of how the Shanghai Gold Exchange operates. [Read more...]

Jeffrey Christian Slips Up Again, Inadvertently Proves Illegal COMEX Price Setting in Silver

Jeffrey ChristianHas Jeffrey Christian inserted his foot into his mouth once again, and for the second time inadvertently divulged information in a public speech proving that the gold and silver markets are manipulated?
While the end of Christian’s Silver Summit speech in which he attacked metals trader Andrew Maguire has received even MSM media attention over the past week, we suspect slandering Maguire will not be the only reason Christian will regret last Thursday’s speech in Spokane.

In a stunning admission last week at The Silver Summit in Spokane, Washington, CPM Group’s President Jeffrey Christian, a long time opponent of silver market rigging claims, admitted that the price of silver was being illegally set on the COMEX trading floor. This admission came during his attempt to prove that there was no silver market manipulation taking place.

[Read more...]

A Formal Response from Andrew Maguire

MaguireLast week, an attempted attack on me was made based upon unreliable and misinformation. The most important question to ask from it is why? This is extremely easy to answer. I am exposing the imminent default of the LBMA unallocated bullion banking system. Ever since Jeffrey Christian of CPM Group made the mistake of admitting that a 100/1 leverage was routinely employed by the LBMA Bullion banks, it would appear his credibility with regard to his industry peers, was brought into question by exposing a default vulnerability of the entire LMBA unallocated Bullion banking system. My work in telegraphing and publicising this information has put him on the defense to try put negative spin on my highly successful trading career.
Attempts to discredit my work by focusing on my credentials 40 years ago, using unreliable sources, confirms that the recent information that I am uncovering is exposing the very real risk of a potential LBMA default.

Andrew Maguire’s full response to Jeffrey Christian’s fraud allegations that Maguire has no precious metals markets experience is below:
[Read more...]

Andrew Maguire’s Employer Responds to Jeffrey Christian’s Fraud Allegations

messengerAs SD readers are likely aware, CPM Group’s Managing Director Jeffrey Christian publicly called out silver manipulation whistle-blower Andrew Maguire as a fraud with no real precious metals market experience Thursday at the Silver Summit in Washington. 
In response to an SD reader (and Coghlan client)’s inquiry regarding the matter, Andrew Maguire’s employer Paul Coghlan of Coghlan Capital issued the following response: [Read more...]

Who is the Real Fraud- Andrew Maguire or Jeffrey Christian?

There’s been quite a bit of talk about Andrew Maguire these past 24 hours. I’ve received a handful of emails asking me for my opinion so I thought I would make a public response.
If you’re wondering what all the fuss is about, this all started Thursday when Jeffrey Christian of the CPM Group, who was speaking at the Silver Summit in Spokane, Washington, concluded his presentation with some “revelations” about Maguire’s personal life and background- claiming Maguire is “a fraud”. 
Jeffrey Christian has had a bug up his rear for quite some time now regarding GATA, Bill Murphy and Andrew Maguire. I wonder why?
Could it be related to his company’s “expertise in financial engineering that utilizes derivatives…“?
It certainly appears that Jeffrey and his company have a vested interest in maintaining the current, leveraged, fractional reserve derivative system. I mean, it says so right there on the CPM Group’s home page.
[Read more...]

Jeffrey Christian – “Janet Yellen is a Tremendous Economist”

Daniela Cambone Jeff ChristianPermabear shill Jeffrey Christian of the CPM Group (who no surprise is bearish on gold short term) was interviewed by Kitco’s Daniella Cambone over the weekend, and dropped the quote of the week regarding incoming Fed Chairwoman Janet Yellen.
Christian discussed his excitement of President Obama’s choice, stating that Janet Yellen is a tremendous economist!
Perhaps Mr. Christian is blissfully ignorant of Yellen’s infamous 2010 quote regarding the 2007-08 housing/credit collapse:
For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until it happened.
Christian’s must see interview is below:
[Read more...]

Jeffrey Christian: Gold Bull Market Died in 2011

gold bull overBy SD Contributor SRSrocco:


Jeffrey Christian today proudly proclaimed on Mineweb that the gold bull market died in 2011, and that he correctly made that call 2 years ago.

As all of you know, Jeff Christian is CPM Group. Funny that he says the Gold Bull Market Died in 2011.
Let’s bring back one of his wonderful forecasts for silver from Financial Sense Round Table back in 2011:
[Read more...]

Jeffrey Christian: Turkey’s Rehypothecation of Citizen Gold is Pure Genius!

Daniela Cambone Jeff ChristianOur favorite gold and silver cartel shill, CPM Group’s Jeffrey Christian gave an interview to Kitco’s Daniela Cambone at the 2013 PDAC conference in Toronto. 

Permabear Christian stated that gold and silver investors and those optimistic about the outlook for the metals are disillusioned, and stated that Turkey’s recent efforts to convert their citizens privately held gold into central bank gold reserves (via rehypothecation) is pure genius that will be emulated by the other central banks.

As to his gold outlook, Christian is as bullish as we’ve ever seen him, stating that, We don’t think gold will crash down to $1,000, we think it has support at $1400.

Christian’s full interview with Daniela is below: [Read more...]

Will We See a Silver Breakout in 2013?

rocketSilver has been trading sideways so far in 2013, but what will the rest of the year bring? Will 2013 be the year silver prices break out or crash and burn? What is a sustainable silver price for mining companies and where will the metal come from to supply the next generation of industrial and investment demand? Most important, how can investors make money off this volatile sector? These were the burning questions The Gold Report took to analysts, money managers and heads of silver mining companies.
The answers (from the likes of Eric Sprott, David Morgan, Bob Archer, & Jeffrey Christian) may surprise you.
[Read more...]

Silver Deceptions: Large Surpluses & Low Production Cost

SD’s own SRSrocco lets cartel shills Jeffrey Christian and Ned Schmidt have it in his latest MUST READ silver analysis.

By SD Contributor SRSrocco:

There are two misconceptions about the silver market that are still held by many investors in the precious metals community One is the notion that the world produces large annual silver surpluses and the other is the low cost of mining silver.  Some have argued that the investors have been deceived by certain aspects of the silver industry to believe these two fabrications.

If the silver institute determined the annual silver surplus-deficit the same way as the World Gold Council calculates gold, there would be no so-called huge silver surpluses However, the silver industry and investors have been indoctrinated to believe that silver is just a mere slave to fulfill the demands of its industrial masters.  Institutions, individual investors or the public who have the “need” or “use” to acquire silver as investment — need not apply.

Before we get into destroying the myth (once and for all) behind the so-called silver surpluses, here is the definition of surplus: [Read more...]

Jeffrey Christian: Silver Demand is Weak, Enormous Surpluses to Cause Silver to Outperform Gold to the Downside

Apparently it’s not enough to merely hammer the metals with MOPE raids, the bullion banks are also trotting out the propaganda shills in order to properly manage the public’s perception of gold and silver in the wake of QE4.

Our favorite cartel shill Jeffrey Christian of the CPM Group is back on BNN, spewing more of his classic BS rhetoric regarding the metals.
Christian told the BNN viewers he expects gold to trade in a range from $1450 to $1750 in 2013, and that silver will trade in a sustained downtrend, claiming that silver demand is weak both from an industrial and an investment standpoint
While silver is in fact up approximately 18% year to date, Christian chose to compare silver’s average price in 2012 with the average price of 2011, and claimed that the metal is down 15% year to date.

Christian capped off his outlook by claiming that he expects silver to outperform gold to the downside in 2013, due to enormous surpluses of the metal.

[Read more...]


By SRSrocco:

I plan on writing an in-depth article with this title when gold takes out $2,000 and silver $50.
After a while I just get sick and tired of reading the same garbage coming from so-called precious metal analysts that are intentionally confusing and misleading the would be gold and silver investor.

The three bears I am referring to are the following:

1) Jeff Christian
2) Jon Nadler
3) Ned Schmidt [Read more...]

Jeff Christian Monday: No QE3 Coming, Gold & Silver to Crash As Rally Has Been Based on ‘Speculative Fluff’

We’re re-posting this Jeffrey Christian interview from Monday purely for the satisfaction of our readers.  The Doc can’t stop grinning right now just reading the headline!

There’s nothing quite as satisfying as watching a 3 day old interview in which CPM Group’s Jeffrey Christian predicted no QE and an imminent massive gold and silver crash on the day The Fed announced QE ∞, and gold and silver are set to challenge $1800 and $35 overnight. [Read more...]