Tuesday, March 18, 2008

Absolutely right Peter

I'd love to see POG stay around this level before the cut cause it'll definitely get back to yesterday mornings levels with a full point.

1 comment:

Peter said...

Right on Joe. Fed funds futures are showing 98.055. This is telling us that the projected rate cut is at least 1pt to bring the rate to 1.945%.

Even if we get .75 gold should still rally right Joe? The general market just might not be as thrilled.