Could be this time is different, but so far, since Jan 2001, every expected fed cut except the April cut (2001) has been met with selling (emergency cuts such as the Jan 3/2001 and the post 9/11 cut are also exceptions).
R... I hope you're right -- PoG spot price is heading North again-- up $1.40 as of this writing. The only unbullish thing I can say about yeller dawg is that the volumes on the leading stocks were rather low for my taste.
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