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To: staytrue
From Marketwatch:

Gold, silver ETFs down sharply on easing Iran fears

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BOSTON (MarketWatch) -- Precious metals exchange-traded funds plunged Monday morning as investors weighed reports that U.S. officials said they welcome moving toward ending the nuclear standoff with Iran. Gold futures fell under $600 an ounce Monday for the first time since June as some analysts blamed the selloff on central-bank selling in Europe.

32 posted on 09/11/2006 9:32:41 AM PDT by Ernest_at_the_Beach (History is soon Forgotten,)
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To: All
More from MW:

Stocks dragged lower by commodities sell-off

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NEW YORK (MarketWatch) -- U.S. stocks lost ground Monday as a sharp drop in crude-oil prices led a sell-off in commodities and sent shares of energy and mining companies lower, most notably Exxon Mobil and Alcoa on the Dow Jones Industrial Average.

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All the economic reports are pointing to a slower economy and that's weighing on stocks," said Anthony Conroy, head trader at BNY Brokerage. "But there are some positives out there as well. Crude is down for a sixth day in a row, its biggest falling streak in over three years."

36 posted on 09/11/2006 9:36:16 AM PDT by Ernest_at_the_Beach (History is soon Forgotten,)
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To: Ernest_at_the_Beach
I think you've found the answer, Ernest! During the break in the "Path to 9-11" show, tonight, the President will announce a major breakthrough with Iran on nuclear energy vs nuclear weapons development.

Everybody knows commodities of nearly all types rise with international political tension levels and sink when national leaders figure out how to spell relief!!!

89 posted on 09/11/2006 11:07:04 AM PDT by SierraWasp (With government as your savior from disaster, it must first be your master!!!)
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