[bjs1779]

The worst part about the 0.25% discount cut is that it telegraphs only a 0.25% cut for Tuesday. Futures have priced in 1%. 0.75% would be a disappointment.

My theory is that with the phony inflation figures they gave out last week, they will do a 100 basis point reduction.

[Drago]

My theory is that with the phony inflation figures they gave out last week, they will do a 100 basis point reduction.

Yeah...the govt. says inflation is ZERO right now...riiiiiiight!!!!   Bought milk or cheese or gasoline lately!!! 

I was going to go to my local coin dealer tomorrow and buy some gold, now the Fed has messed it up for me and has done an early .25% cut...on a Sunday!! Gold has spiked to $1017. now.