Yamana Gold Inc (AUY)

[Montanore]

These rate cuts will further weaken the dollar as they continue to print up endless trillions in fiat. Gold must go higher and so will AUY.
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The Fed reduced its key rate from 2 percent to 1.5 percent. In Europe, which also has been hard hit by the financial crisis, the Bank of England cut its rate by half a point to 4.5 percent and the European Central Bank sliced its rate by half a point to 3.75 percent.