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Gold: Wealthy Investors Want Bars, Not Paper

Here is a one more reason the rich may be finding Physical Gold Bars & Coins,are better that ETFs & Bank accounts filled with greenbacks!!!...... Posted on jsmineset.com web site.... "Citing pressure from U.S. federal authorities, Swiss mega-bank UBS said it would close 19,000 accounts! It seems that the IRS thinks, these accounts are Tax Havens for American Investors? The Swiss bank will write checks for balances in house,or transfer them to other accounts,either way, creating a paper trail for the IRS! A UBS client,told the NY Times"You can take the "Check" & toss it in the "Woods",or deposit it somewhere & get "Busted"."Theres nowhere to "Hide"! "According to the IRS", "UBS is helping American investors evade around $300 Million in Taxes each year". "UBS won't be the only target by the IRS probes".
Wow, $300 million a year in taxes. If 19,000 accounts will now have tracks to the owner of said accounts,will any Names be released to the public? When & where did the money in each account come from? Are any of these accounts belong to Madoff's family or friends? I bet we will never know! Truth & Trust has even the very rich,wanting to hold the real thing,not a paper promise!