Gold takes off..

TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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Portee44

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Gold takes off..

posted on Mar 07, 2008 03:57AM

Could break the $1000.00/Oz. today..

Gold accelerates gains after bleak payroll data

By Polya Lesova

Last update: 8:34 a.m. EST March 7, 2008

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NEW YORK (MarketWatch) -- Gold futures accelerated their gains Friday after the Labor Department reported U.S. nonfarm payrolls fell by 63,000 in February, the second straight decline in employment and the clearest sign yet of a recession. Gold for April delivery surged $12.50 at $989.60 an ounce on the New York Mercantile Exchange.

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