James Mc—
While the Fed blather will be portrayed as somehow significant for the metals it is in reality a sh*t show of meaningless drivel designed to distract and obfuscate gold’s real value. A rate cut merely takes CTRL-P from Defcon 5.0 to Defcon 5.1. The alarming deficit spending and uncontrolled debt have been there for decades. Without suppression gold would have long ago risen to the occasion. A rate cut, however inflationary it might be, is insignificant in the scheme of gold’s true value.