1/2 and 1/2 cut! And strong wording. Only 1 dissenter (who thought they should opt for an all out market crash by not cutting the rate... you gotta wonder about that guy).

This should be the stimulus the markets need for a fairly decent rally at this point. Every indicator is in oversold territory by a long shot. We're now going to see some serious inflationary gains on all markets and gold stocks should do best.

As they just said on CNBC the dollar was "Clobbered" and that is obviously great for gold, which just broke through a resistance point. Next stop, in my opinion is $1000.00 with $1200 not far off.

Junior golds like TDC have become more and more undervalued just by remaining flat while gold has gone higher; they have the most ground to make up. However in uncertain times money flows to safer stocks.

This rate cut should eliminate some of the risk fears of investing in these companies as they have no where to go but up. It's impossible to look at a company like TDC and value it this low per ounce in the ground.

It may take a couple of days or a week. I suspect we'll see something spread across the junior sector much like wildfires. The first ones to move will be the slightly larger plays. Then the pure juniors. Decent results from Big Sky will blow TDC upwards of 70 cents in little time.

Good luck to all

/diabullic