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Friday, 02 March 2007

Gold Slides as The Global Markets Sell Off 

(NAMC) - On Wednesday, February 28, 2007, Gold futures were on a downward slide trimming nearly $15 an ounce but that drop may be short lived and present a possible bottom fishing opportunity to investors that have been waiting patiently for a slight correction in the Gold market.


The big drop came on the heels of a global market sell off that shocked traders on the New York Stock Exchange but some bargain hunters picked up the pieces one day after the big drop on the NYSE.


March Corn closed up 14 25 cents at $4.2525 a bushel which May Soybeans closed up 8.75 cents at $7.8750.




NAMC Newswire Note:


NAMC Worldwide has added a new service to its line up, they are now arranging the private buying and selling of Gold Bullion in any quantity above 1 Metric Ton. With relationships with Private Gold Bullion Buyers and Sellers, NAMC has the ability to arrange Private Gold Bullion transactions from 1 Metric Ton of Gold Bullion and up.
Please visit http://www.namcworldwide.com/gold for more information.