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35%  
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  • For Gold, Everything's Coming Up Roses ($614 and rising)

    04/17/2006 11:18:47 AM PDT · by DebtAndDelusion · 52 replies · 1,152+ views
    thestreet.com ^ | April 17, 206 | Nick Godt
    Gold bugs' only problem on Monday was trying to find which of a myriad of bullish factors to pick to explain yet another move to fresh 25-year highs. The usual suspects -- inflation, geopolitical tensions, and a weak dollar -- were all present at the open of trading after a three-day weekend. Most visibly, crude oil topped $70 a barrel amid heightened concerns about Iran's nuclear ambitions. In recent action, crude was gaining 68 cents to trade at $70 a barrel. Gold for June delivery was recently up $13 at $613.80 an ounce, off an earlier 25-year high at $614.30....