Is the Big Bang coming: FED rate cut by 0.5? Dow down 500.
More and more voices now not just about the Cut but the "Big Bang" as Pimco has put it: at least 0.5% Cut to 1.5%. Welcome to 2002 when new Gold market Bull has started, now we will go from higher base. Last time Pimco ask Treasury "to open the wallet" they get it: Fannie Mae and Freddie Mac was bailout over the weekend.