11-30-06 -- Gold nears $650, up 7% in Nov. --LISTEN
Precious metals leaped higher Thursday on a weaker dollar and higher oil prices. Gold closed in NY up $11.60 to $646.60/oz. while silver rose $.36 to $13.91/oz. "Unlike previous times, gold has not sold off after hitting key resistance at $640, this suggests a powerful move up is near and a run to $700 is likely," said Peter Grandich, editor of the Grandich Letter.

11-29-06 -- Metal prices steady --LISTEN
Gold prices eased on Wednesday while silver prices steadied after hitting a six-month high as a slight recovery in the dollar prompted light selling by investors. Gold closed in NY off $1.80 to $635.00/oz. while silver rose $.01 to $13.55/oz. The 3rd quarter GDP numbers were upwardly revised, but there was no significant strengthening in the dollar.

11-28-06 -- Metals zig-zag upward --LISTEN
Precious metals closed mixed on Tuesday after data on new orders, confidence and housing. A sharply lower dollar and higher oil prices are supporting the metals rally. Gold closed in NY off $2.90 to $636.80/oz. while silver rose $.09 to $13.54/oz. "The best way to own gold is through graded pre-1933 U.S. gold coins. Your downside is limited," writes Dr. Steve Sjuggerud.

11-27-06 -- Next stop: $650 gold --LISTEN
Precious metal prices rose Monday following a sharply lower dollar and higher oil prices. Gold closed in NY up $11.10 to $639.70/oz. while silver rose $.44 to $13.45/oz. "The biggest question isn?t so much ?why is the dollar falling now?? but ?how has it managed to defy gravity for so long?" writes MoneyWeek Editor John Stepek.

11-22-06 -- Why metal owners are so thankful --LISTEN
Precious metals closed mixed on Wednesday ahead of the Thanksgiving holiday after rising on higher oil and panic platinum buying Tuesday. The dollar weakened after unemployment rose as did oil prices after inventory data. Gold closed in NY up $.50 to $628.60/oz. while silver fell $.03 to $13.01/oz. For the week gold rose 1.5 percent, while silver added 2 percent. Year over year gold is up 28 percent, while silver is up 60 percent -- now that's something to be thankful for. [NOTE: Swiss America offices will be closed Thursday and Friday and reopen Monday, Nov. 27th.]

11-21-06 -- Platinum spike, higher oil spurs rally --LISTEN
Precious metals rose sharply Tuesday as buyers entered the market spurred on by higher oil prices and "panic buying" of platinum. Gold closed in NY up $7.00 to $628.10/oz. while silver added $.34 to $13.04/oz. Platinum prices soared to a new all-time high of $1,400/oz. in London, then fell back to $1248/oz. in NY amid speculation that a new platinum ETF may emerge.

11-20-06 -- Metals calm before Thanksgiving --LISTEN
Precious metals traded near flatline Monday as physical buying matched profit-taking. Gold closed in NY off $.70 to $621.10/oz. while silver slipped $.03 to $12.70/oz. Platinum gained the most in over six years Monday on concern demand for the metal may outstrip supply. Thanksgiving is likely to keep trading conditions very thin, with U.S. markets closed Thursday and Friday.

11-17-06 -- Metals zig-zag, uptrend intact --LISTEN
Precious metals closed mixed Friday on dollar weakness and ongoing oil volatility. Strong jewelery demand and fundamental continue to support the metals market. Gold closed in NY up $.90 to $621.80/oz. while silver slipped $.19 to $12.73/oz. "The most explosive action in the gold bull market is still ahead of us and fortunes will be made by those with the patience," reports Goldstockbull.com ...

11-16-06 -- Metals lower on "tame" CPI--LISTEN
Precious metals weakened Thursday after "tame" consumer inflation data and lower oil prices. Gold closed off $1.60 to $620.90/oz., while silver was unchanged at $12.86/oz. Strong jewelery demand, high oil prices and supply-demand fundamentals continue to support higher precious metal prices. Gold is up 30 percent year-over-year, silver is up over 60%.

11-15-06 -- Metals mixed, trend up --LISTEN
Precious metals were mixed Wednesday as a stronger dollar prompted some profit-taking. Gold closed off $1.50 to $622.50/oz., while silver rose $.05 to $12.86/oz. The World Gold Council reports the total global demand for gold fell 3% in the third quarter, but gold rose 37% in value. Higher oil prices and strong fundamentals support metals upward trend.

11-14-06 -- Metals steady, buying op --LISTEN
Precious metal prices steadied Tuesday despite rising oil and a weaker dollar following government data showing a big drop in wholesale inflation and lower retail sales. Gold closed off $.20 to $624.00/oz., while silver slipped $.01 to $12.81/oz. "You're not buying gold now? Then start writing down all the reasons to explain to your children and grandchildren," writes The Mogambo Guru.

11-13-06 -- Metals take a breather, buy! --LISTEN
Precious metals took a breather Monday on a stronger dollar, weaker oil prices and investor profit-taking. Gold closed off $4.00 to $624.20/oz., while silver fell $.19 to $12.82/oz. "We see a $50 downside risk and a $100 upside potential for gold prices in the near term as a result of China and India (Chindia) demand," said Frank Holmes of U.S. Global Investors to CNBC. WATCH IT!

11-10-06 -- "$725 gold again by year-end" --LISTEN
Gold prices eased on Friday after jumping on news China's central bank was eying dollar alternatives. Higher oil prices, a weaker dollar and a Democrat election sweep also supported higher metal prices. Gold closed off $5.90 to $628.50/oz. (+.5% for the week), while silver rose $.05 to $13.01/oz. (+3.6% for the week). Craig Smith told CNBC today why he expects $725+ gold again by year's end. WATCH IT!

11-9-06 -- Metals top 2-month highs --LISTEN
Precious metals rose sharply Thursday as investors used an oil rally and falling dollar as an excuse to bargain hunt after Wednesday's gold drop on the Democratic victory in midterm elections. Gold closed up $17.50 to $634.40/oz. (+3%), while silver rose $.48 to $12.96/oz. (+3.8%)."Gold prices and gold equities are likely to enjoy another three to five years of solid growth," according to RBC Capital Markets.

11-8-06 -- Markets post-election fret --LISTEN
Precious metals traded lower Wednesday on profit-taking following a Democrat takeover of the House of Representatives for the first time in 12 years. Gold closed down $8.80 to $616.90/oz., while silver slipped $.12 to $12.48/oz. "After the dust settles the world will see the U.S. as more divided then ever before," said Peter Grandich, editor of The Grandich Letter, "gold can only benefit in the long run."

11-7-06 -- Metals mixed as America votes --LISTEN
Gold traded near two-month highs Tuesday supported by a weaker dollar, but investors remained cautious ahead of U.S. congressional election results, dealers said. Gold closed up $.40 to $625.70/oz., while silver slipped $.09 to $12.60/oz. Analysts say Democrat control in the lower house could be negative for the dollar. "We expect a weakening dollar to support a higher gold price," said Goldman Sachs.

11-6-06 -- Metals mixed on pre-election reflection --LISTEN
Precious metals closed mixed Monday on a stronger dollar and volatile oil prices. Gold closed off $1.90 to $625.30/oz., while silver rose $.14 to $12.69/oz. Last week's negative economic data and a bounce in oil prices added to the improved technical outlook for metals to extend gains. The dollar strengthened a bit after the Chicago Fed warned that more rate hikes could be on the way to help combat inflation.

11-3-06 -- Gold tops $627, analysts see $1,000--LISTEN
Gold prices rose Friday despite news of the unemployment rate falling to 4.4%, the lowest level in more than five years which boosted the dollar. Gold closed in NY up $2.30 to $627.20/oz., -- up 4.8 percent for the week. Silver slipped $.01 to $12.55/oz. -- but rose 4.5 percent for the week. "We would not be surprised to see $1,000-plus gold from sometime in 2007 at the earliest to 2009 at the latest," says Julian Phillips, of GoldForecaster.com.

11-2-06 -- Gold's new "mainstream phase" --LISTEN
Precious metals rose sharply again Thursday on a weak dollar after flat 3Q GDP data disappointed investors. Gold closed in NY up $8.60 to $624.90/oz., while silver added $.15 to $12.56/oz. "The most profitable stage of the gold rally - stage three - has not yet begun. The third stage (the "mainstream stage") of this metals rally will be quick, explosive and very lucrative," reports Daily Reckoning.

11-1-06 -- Gold enters new bull phase --LISTEN
Precious metals jumped higher Wednesday on a weaker dollar and fund buying after gold rose above the key $600/oz. level this week. Gold closed in NY up $12.30 to $616.30/oz., while silver added $.21 to $12.41/oz. Investors and funds see this week's technical breakout as the beginning a new bullish phase. The correlation between oil and gold prices has broken down this week.