View full page at metalsmine.com

 

Interest Rate Cuts - Salvation or Damnation?

From goldpriceforecast.com

The anticipation and speculation regarding interest rate cuts is almost comical to watch. Scratch 'almost'. Interested observers are obsessive about the topic in a hilariously funny way. Mainstream media and the pundits always find cause for promoting a possible rate cut no matter what is said. (see Investors Re: Rate Cuts) The expectation for at least one cut of 1/4 point before the end of this year seems to be nearly universal, so let's go with that for now. Here are some questions for consideration. Likely not. The stock market has gone absolutely giddy on the expectation of an eventual cut. The official ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis