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Snapple co-founder dies at 85

NEW YORK, Feb. 21 (UPI) -- Gold and silver made gains Thursday, taking back a fraction of Wednesday's retreat.
Gold dropped $40.50 Wednesday after the Federal Reserve revealed in released meeting minutes that there was dissent among decision makers on how long to maintain an $85 billion per month stimulus program.
Similarly, silver shed 85 cents Wednesday.
On the New York Mercantile Exchange Thursday, gold reclaimed $13.20 to reach $1,576 per troy ounce, while silver retook 9 cents to reach $28.66 per ounce.
Equities slumped for a second consecutive session Thursday.
Against the dollar the euro fell to $1.3194 from Wednesday's $1.3283. Against the yen, the dollar was lower at 93.06 yen from 93.56 yen.
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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