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U.S. Stocks Tumble in NY, Led by Retailers and Citigroup

U.S. stocks fell in New York, failing to rebound from consecutive triple-digit losses on the Dow and extending the worst quarterly slump since 2002, as J.C. Penney Co. forecast weaker sales and concerns that further write downs may destabilize banks' access to capital.

Copper Declines on Worries About Weak Economy

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Copper futures fell on Friday as the economic outlook worsened following the release of new data , increasing fears of recession slowing demand in the United States, the second largest consumer of copper in the world.

Indian gold futures fall reflects global trend

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Commodity Online MUMBAI: Gold futures fell on Indian commodity exchanges in morning trade in tandem with overseas markets, which were lower on profit taking triggered by easing crude oil and book squaring.
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'Gold is going over $1 200 no problem...'

Doug Casey says, the monumental monetary crisis can be took place by deflationary, where billions and billions of dollars are wiped out through bankruptcies and defaults, and the remaining dollars become worth more as a result.
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Gold gains on weak dollar

Commodity Online NEW YORK: Gold futures ended strong Wednesday at the New York Mercantile Exchange as US dollar continued its southward journey against euro.
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Oil strengthens on US energy report

Commodity Online NEW YORK: World oil prices continued its upward journey Wednesday after US energy report said refinery utilization had dropped to the lowest point since October 2005.
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This Week In Petroleum - Mar 26

Many drivers in the U.S. who chose diesel-fueled vehicles over gasoline-fueled ones may have done so for the expected savings from higher fuel economy and historically lower prices per gallon, especially during the summer driving
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Vivendi takes Warcraft 'Bot' Maker to Court

Software maker Blizzard, maker of the hugely successful Warcraft video game series, is engaged in a legal dispute with a programmer who has created a tool that automates actions inside of one of its popular games.
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Gold futures rise in NY as dollar drops

Gold futures rose on Wednesday on weaker dollar while crude futures also gained. Gold for April delivery was up $7.20, or 0.8 percent, at $942.20 an ounce on the Comex division on the New York Mercantile Exchange.
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U.S. stock indexes tumble on factory orders drop

U.S. stocks dropped for the first time Wednesday in four days as an unexpected tumble in February factory orders sparked concerns over the economy while the outlook for bank profits worsened.
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Gold follows global trends rises in India

Commodity Online MUMBAI: Gold prices rose to Rs 12,370 per 10 gram in the bullion market here on Wednesday, mostly on global trends and aggressive buying by stockists.
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Poor man's Gold is on its way...

Commodity Online With gold's precipitous rise in 2007, silver has still achieved better returns over the life of the prevailing bull market in precious metals
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Subprime Crisis is a cancer in financial system

By Julian D W PhillipsThe oil price is holding high at never before seen levels, not because of a shortage, but because US and foreign nationals and institutions are fleeing from Dollar instruments into hard assets...
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Microsoft May Sweeten Yahoo Bid

Microsoft may sweeten its bid to acquire Internet-giant Yahoo, according to one analyst, sending shares of the firm higher in Tuesday trading.
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Gold futures rise Dollar declines

Gold for April delivery gained $16.30, or 1.8 percent, to end at $935 an ounce on the Comex division on the New York Mercantile Exchange.
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Consumer Confidence, Housing Data Mix Shares

U.S. stocks were mixed on Wednesday following a rally in commodity producers boosted the market to overcome downbeat data on housing and consumer sentiment.The S&P 500 added 2.56 points, or 0.2 percent, to 1,352.44 while the Dow increased 18.56 , or 0.2 percent, to 12,530.08. The Nasdaq Composite Index rose 12.54, or 0.5 percent, to 2,339.29. Seven stocks gained for every three that declined on the New York Stock Exchange.

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