"And watch gold's V shaped recovery. "

That's exactly what we're seeing, it really is pretty isn't it:

Have a look at the 60day here.

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

From a technical stand point I've never seen Gold stronger. With a lot of the "talking heads" outside looking in, don't be surprised if we (gold) whipsaws to new highs as this group of "experts" quickly realize that they're missing the boat. I sat in complete amazement as I'm sure many of you did as we watched the $US rally in the wake of "only" a 3/4 point drop in the Fed Funds rate. "only" LOL. Here is a great chart of an upside down "V". Quite the deadcat,question is how many lives does this feline have:

www.fxstreet.com/rates-charts/usdoll...

Hope for a break below 70.961. As for Gold I see a lot of resistance from $960 to $985... if a $990 trade prints, you better fasten your seat belts.