Liberty Coin Service

In my radio program six days ago, I warned listeners to expect the prices of gold and silver to be clobbered late last Thursday and early Friday morning up to the time that Federal Reserve Chair Ben Bernanke made his remarks at the Federal Reserve meeting in Jackson Hole, Wyoming.  Then I stated that prices would jump noticeably thereafter, perhaps as soon as Friday afternoon.  This prediction followed my forecast at the end of July that precious metals markets looked to be strong in the month of August.

On July 31, Numismaster.com published my article where I passed along information that the investigation into the LIBOR interest rate manipulation scandal in Great Britain would soon expand. Further, I anticipated that this scandal would lead to other investigations that would possibly cover the activities of JPMorgan Chase and its alleged suppression of silver prices.

Now, three weeks later, the LIBOR investigation has expanded from one to 16 banks in the US, UK, and the rest of Europe. JPMorgan Chase is one of the banks on the list.