Monthly Archives: August 2009

By Ryan J. Donmoyer Aug. 19 (Bloomberg) — IRS Commissioner Douglas Shulman said the U.S. scored a “huge victory” in persuading Switzerland to turn over the identities of 4,450 Americans with secret UBS AG bank accounts and said the agency’s … Continue reading →

By Elena Logutenkova Aug. 19 (Bloomberg) — UBS AG, Switzerland’s largest bank, may give information on 4,450 accounts as part of an agreement between the Swiss and U.S. governments to settle a lawsuit that sought data on American clients suspected … Continue reading →

Source: GoldForecaster.com  08/10/2009 As part of a series we first look at this question: “If the U.S. decides to confiscate gold in the future, what impact might that have on Gold Shares and the COMEX Gold Futures prices?” We assure you, … Continue reading →

By Ari Levy Aug. 14 (Bloomberg) — More than 150 publicly traded U.S. lenders own nonperforming loans that equal 5 percent or more of their holdings, a level that former regulators say can wipe out a bank’s equity and threaten … Continue reading →

By Nicholas Larkin and Halia Pavliva Aug. 13 (Bloomberg) — Gold rose to the highest price this week as the dollar declined, increasing the metal’s appeal as an alternative investment. Silver climbed to a two-month high, and platinum and palladium … Continue reading →

  Commentary by William Pesek Aug. 13 (Bloomberg) — Forget all this chatter about finding a new reserve currency. We already have one, and it’s called the yen. OK, stop laughing. Before dismissing the idea, consider how the yen is … Continue reading →

By: Arnaud de Borchgrave Thursday, August 6, 2009 2:53 PM Is the U.S. economy now in the eye of a hurricane about to be hit again with still fiercer winds? Another humongous credit crunch and major social dislocations are predicted as … Continue reading →

Tue Aug 4, 2009 11:11am EDT NEW YORK, Aug 4 (Reuters) – U.S. gold futures rose toward$970 an ounce on Tuesday as the dollar trimmed gains versus theeuro, but strong technical resistance could put a damper onbullion’s rally. For the … Continue reading →

Bank Closing Information – August 7, 2009 These links contain useful information for the customers and vendors of these closed banks. Community First Bank, Prineville, OR Community National Bank of Sarasota County, Venice, FL First State Bank, Sarasota, FL

Aug 3, 2009, 10:58 a.m. EST NEW YORK (MarketWatch) — Gold futures rose Monday for a third session, topping $960 an ounce for the first time in more than seven weeks as the U.S. dollar fell to the lowest level … Continue reading →