panhandlePatriot

United States authorities have arrested and charged an accountant in Florida on suspicion of evading taxes through an account held at Swiss bank UBS.
Florida officials said on Thursday that it was the first of what could be a series of tax evasion prosecutions of American clients of UBS.

The man charged worked for a company in the yacht-building business. He was accused of filing at least one false tax return that failed to disclose he had an account with UBS or made any money from it, the US Justice Department said.

The demise of fiat-money regimes around the world has become unmistakable. They can only be kept alive by central banks creating ever greater amounts of base money and governments underwriting commercial banks' liabilities.

The US Federal Reserve, for instance, increased the stock of the monetary base — which includes banks' demand deposits held with the Fed, plus coins and notes in circulation — from $870.9 billion in August 2008 to $1735.3 billion in January 2009.

http://www.mises.org/story/3390

Gold Price Close Today : 926.10
Change: 3.50 or 0.4%

Silver Price Close Today : $12.965
Change: -1 cents or -0.1

Gold Silver Ratio: 71.43
Change: 0.325 or 0.5%

Dow Industrial: 7,713.41
Change: 104.49 or 1.2%

US Dollar Index Today: 85.54
Change: -0.05 or -0.1%

SILVER and GOLD PRICES continue confused. The gold price rose $3.50 to US$926.10 while the silver price dropped one cent to $12.965. I would feel better seeing gold over $927.00 and above that resistance, so that I could feel it was out of the woods fully.