Fed should cut rates to 1 percent: Pimco's Gross
in response to
by
posted on
Oct 07, 2008 05:08AM
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Gross has a lot of weight and I wouldn't be surprised to see this happen before the next Fed meeting, followed by a strong reversal in the dollar. If so, it could be the spark that carries gold to new highs. 3rd time breaking $1000 is the charm.
Hysteria