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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 444.95-10.3%Jan 30 4:00 PM EST
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To: elmatador who wrote (28860)1/31/2008 10:25:51 AM
From: Jim McMannis  Read Replies (1) of 219959
 
Yeah, the FED knows it's going to have to bail out the banks. One way to do that is lower rates and reduce the banks cost of inventory and widen their profit margins. This is pre-emptive of a full blown bail out.
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