Western Copper and Gold Corp WRN

Fed

[Sooner]

Cuts by larger than expected...and of course gold and silver sell off.

so let's get this straight. If they would have increased rates...it would have sold off...if they would have cut by 25 it would have sold off...cutting by 50 ...sold off...cut by 75 ...would have sold off. 

im convinced it would have sold off in ALL scenarios and only way it would have gone up on a day like today is if Warren Buffet announced he was buying 100Billion ounces ...

[MetalMinded]

Today is a different day.  

[Sooner]

Yeah. So let's get this straight. Fed cuts more than expected. Silver gold surge. Powell talks and it tanks. Market sleeps and it rips.  so stupid. Fed cutting rates when inflation still higher than target....and how that doesn't cause all commodities to explode higher is just ridiculous.  on top of that.. even if fed cuts rates by 2pts...what is that...still about $700 a

[Heywood_Silvers]

Sooner, the idiocy behind what the FED did is that the stock market and gold are at all-time highs, which is indicitive of the enormous amount of inflation that has has been "sheltered" in the financial economy versus the real economy.  The true costs of inflation ultimately will be felt in the real economy leading to admission by all what an utter failure the FED has been. In

[CopperAndGold14]

I generally agree with your comments about the Fed. Any intervention in interest rates is just price fixing the time value of money. My perspective is that I don't believe the Fed should exist at all, and interest rates should be determined like any other price. But my pragmatic side believes that one must understand the game and the playing field, and then one acts in such a way as to benefit