Gold had a parabolic move up just after 1:00pm yesterday... looking to do the exact same today? Fed rate cut to at least 0.5%! should move gold up... so should treasuries 0% yield... don't expect treasury situation to change any time soon with rates so low (and not going up anytime soon) so we should continue to see people moving into gold... what other safe option is there really?

red911

http://www.kitco.com/charts/livegold...