Gold is at $2704...shhhhhThis rate cutting cycle we are starting with gold at an all time high...
First - massive profits in the Majors (this has all ready started)
Second - M&A (This cycle has started)
Third - Funds will start to follow the momentum trade / flee to saftey / hedge against the cut and devalue of the USD
Then the Jrs will explode!
Good luck to the longs....imo - One day my 30 and 40 cent stock will look like a deal!