I talked about what would happen to the US dollar and Gold if the Feds cut. Although the Feds only cut the discount rate Gold is already heading up on the belief that the Feds will eventually cut the overnight rate before 2007 comes to an end.
I am going to add GLD to my long term portfolio this morning as I expect Gold to up significantly by the end of the year.
Friday, August 17, 2007
Update
Posted by Fp80 at 8/17/2007 09:05:00 AM
Labels: GLD
Subscribe to:
Post Comments (Atom)
0 Comments:
Post a Comment