4-28-06 -- "Metals soar on Iran, oil & sliding dollar" -LISTEN
Gold prices shot up 3% Friday, after the U.N. Security Council said Iran
failed to meet its deadline to halt uranium enrichment. Gold closed up $17.70 to
$651.60/oz. Silver surged 8 percent triggered by the launch of the first silver-
backed ETF fund today. Silver closed up $1.04 to $13.51/oz. The dollar slid near
a one-year low against the euro after softer than expected U.S. economic data.
4-27-06 -- "Bernanke speaks, dollar dumps, metals zig-zag" -LISTEN
Precious metals zig-zagged lower Thursday after the Fed chairman raised the prospect
of a pause in boosting interest rates. Remarks about a surprise rate rise from the
Bank of China also weighed on the gold market. Gold closed down $5.50 to
$633.90/oz, silver fell 33 cents to $12.47/oz. The new silver exchange-traded
fund, in the works for over a year, can begin trading Friday says the SEC.
4-26-06 -- "Dollar down, metals up... get used to it!" -LISTEN
Precious metals moved higher again Wednesday on a weaker dollar and ongoing
geopolitical tensions. Analysts said a blend of bargain hunting on pull-
backs and speculative profit-taking should dominate dealings for now, but
the overall precious bull market was intact. Gold closed up $8.30 to
$639.40/oz. and silver rose $.26 to $12.80/oz. 'Dollar down, metals up' is the trend.
4-25-06 -- "Safe-haven metals rise, $6,000 gold by 2016?" -LISTEN
Precious metals rebounded sharply Tuesday as the dollar slumped and geopolitical
tensions continued to feed traders' needs for a safe-haven investment. Gold closed
up $11.30 to $631.20/oz. and silver rose $.74 to $12.54/oz. "Gold might rise tenfold
in the next 10 years to $6000 an ounce," said Marc Faber. Mr. Faber told investors
to bail out of stocks before the '87 crash and began recommending commodities in 2001.
4-24-06 -- "Precious metals retreat from highs... BUY!" -LISTEN
Precious metals fell Monday as oil prices retreated under $75 a barrel,
but the pull-back was limited as the dollar slumped and geopolitical tensions remained
high. Gold closed down $12.70 to $619.80/oz. and silver fell sharply $1.15 to $11.80/oz.
Price swings are wider today with fund buying and selling, but traders agree the overall
trend is up. Author Craig Smith says "The trend is your friend, so buy the dips!"
4-21-06 -- "Gold resumes bull run on oil, dollar fears" -LISTEN
Precious metals rebounded sharply on Friday after investors locked
in gains Thursday following a 3-day rally sparked by record-high oil
prices, a falling dollar and inflation fears. Gold closed up $12.90
to $632.50/oz. for a 6% weekly gain. Silver gained $.54 to $12.95/oz. up 6
cents on the week. "Rare gold coins are undervalued, despite gold's bull run," says
Craig R. Smith.
4-20-06 -- "Metals pullback on profit-taking... BUY!" -LISTEN
Precious metal prices fell sharply on Thursday as traders and investors
locked in gains after a historic 3-days rally sparked by record-high oil
prices, a weak dollar and growing inflation worries. Gold closed down
$13.10 to $619.60/oz.(-2%) and silver retreated $2.13 to $12.41/oz. (-17%)
Swiss America CEO Craig Smith says millions of potential buyers are thankful for the pullback!
4-19-06 -- "Metals soar on oil, Iran, inflation worries" -LISTEN
Precious metals soared to fresh highs on Wednesday sparked by record-high
oil prices, a weaker dollar and growing inflation worries. Traders say
"Geopolitical tensions over Iran's nuclear program continue to
support gold and silver, as well as good physical demand." Gold
closed up $13.40 to $632.70/oz. and silver jumped up $.73 to $14.54/oz.
4-18-06 -- "Precious metals roar, gold +45%, silver +89%" -LISTEN
Precious metals roared to new highs on Tuesday sparked by record-high oil prices,
dollar volatility and doubts about the U.S. economy. Gold closed up $4.70 to
$619.30/oz and silver jumped up $.44 to $13.81/oz. Investors are flocking to
gold as a hedge against inflation and geopolitical instability, driving the
price of gold up 45 per cent in the past year and silver up 89 per cent.
4-17-06 -- "Gold and silver rocket on $70 oil/Iran" -LISTEN
Gold prices rose over 3% Monday on concern that growing tension over Iran's nuclear
ambitions may disrupt oil supplies, pushing crude prices to $70 a barrel for the first
time since Hurricane Katrina as well as spurring inflation fears. Gold closed up
$18.20 to $614.50/oz. Meanwhile, silver rose almost 4% on hopes for the first silver
exchange-traded fund with soon launch. Silver jumped $.48 to close at $13.37/oz.
4-13-06 -- "Gold near $600 may top $850, silver nears $13" -LISTEN
Gold prices dipped below $600/oz. ahead of the long
Easter weekend Thursday on a pullback in energy prices
easing inflation fears and investors locking in gains for the week.
Gold closed off $1.00 to $596.30/oz for a weekly gain of $9
while silver rose $.22 to $12.89/oz. for a weekly gain of $.84, a sterling
7% rise. A 2006 Gold Survey reports the 1980 high of $850/oz. could be topped.
4-12-06 -- "$700 gold by 2007 top analyst tells CNBC" -LISTEN
Gold prices drifted higher on Wednesday toward $600 an ounce, with investors buying
price dips on hopes bullion will set new highs in the coming weeks. Gold closed up
$2.50 to $597.30/oz. and silver was up 6 cents to $12.67/oz. Frank Holmes, CEO of U.S.
Global Investors told CNBC this morning he expects $700 by the end of the year and the
recycling of petro dollars into gold as a form of money is a key factor.
4-11-06 -- "Is rising gold a self-fulfilling prophecy?" -LISTEN
Gold prices topped $600/oz Tuesday then eased with crude oil on profit-taking,
with funds and investors buying on Iran oil worries and a flat dollar.
Gold closed down $2.60 to $594.80/oz but silver rose $.17 to $12.61/oz. "A stampede
of mainstream investors into commodities is fueling gold's rally toward $600/oz."
says WSJ, yet another WSJ columnist told CNBC today rising "gold is a self-fulfilling
prophecy", yet he remains bearish.
4-10-06 "No Charly, it's NOT too late to buy gold!" -LISTEN
Gold hovered near $600/oz and silver spiked to new highs on Monday, with funds and investors
buying on Iran oil worries, and a drop in the dollar. Gold closed up $9.60 to $597.40/oz and
silver rose $.39 to $12.44/oz. "But isn't it too late to buy gold now?" asks Fort Wayne,
Indiana radio host Charly Butcher. Mr. Smith's reply, "No Charly, it is not too late! $600
gold is just the beginning of the second phase."
4-7-06 "$587 gold, $12 silver -- Smith on CNBC" -LISTEN
Gold prices closed lower on Friday, pressured by profit-taking, a stronger dollar
and easing oil prices after cresting $600/oz. Thursday Gold closed down $6.80 to $587.80/oz.
, but ended with a gain of over 1% for the week. Silver prices stablizied over
$12, closing up 2 cents to $12.05 for the day, for a weekly gain of over 4%. Swiss
America CEO Craig Smith explained to CBNC today why he sees $1,000 gold ahead. WATCH!
4-6-06 "$600 gold, $12 silver -- what's next?" -LISTEN
Precious metal prices pushed to new highs on Thursday with gold futures
topping $600/oz. and silver above $12/oz. due to continued fund buying,
firm oil prices and a weaker dollar. Gold closed up $7.00 to $594.60/oz.
and silver jumped $.36 to close at $12.03/oz. Some experts are predicting a
near-term downtrend which could clear the way for four-digit prices
in the next few years.
4-5-06 "Gold resumes climb toward $600/oz... BUY!" -LISTEN
Gold prices rose further in choppy trading Wednesday, resuming their climb toward the
$600-an-ounce level that analysts are expecting will be reached in the near term.
Gold closed up $1.90 to $587.60/oz. and silver closed unchanged at $11.67/oz.
Gold is seen as a hedge against increasing global inflation that's prompting
central banks to raise interest rates.
4-4-06 "Metals pause, but analysts see ongoing bull run" -LISTEN Precious metal prices paused on Tuesday after racing to a new highs Monday, as fund managers pumped more money into commodities at the start of the new quarter. Gold closed down $3.60 to $585.70/oz. and silver slipped 7 cents to $11.67/oz. Most analysts see gold testing $600 sooner rather than later as concerns over the dollar, oil and geopolitical tension draw investors to the market.
4-3-06 "Gold: Next stop $600... then $800, then $1,000" -LISTEN Precious metals raced to a new highs Monday as fund managers pumped more money into commodities at the start of the new quarter. Gold closed up $7.80 to $589.30/oz. and silver jumped up a quarter to $11.74. Gold may top $600 an ounce this week for the first time in decades as investors buy bullion instead of U.S. bonds, a Bloomberg News survey shows. Swiss America CEO Craig Smith says, "Gold under $600 is a bargain"...








