2 Working Days Left, Be a Part of the RUSH

dots Posted on September 14, 2007 , filed under Stocks | Print This Post

We are now two short trading sessions away from a probable rate cut from the Fed. Gold looks like it is holding above $710 and silver now looks solidly above $12.50. The USD continues to remain under $80. There looks to be strong support from breaching the $79 mark as we came within .10 in the last two days.

Prices of PM stocks now look like a tremendous bargain in light of current physical prices. If you are expecting a rate cut, in the words of Jim Cramer, it’s time to “back up the truck”.

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