Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Free
Message: Fed Rate Hike

Fed Rate Hike

posted on Feb 18, 2010 05:28PM

It's always something. Yesterday it was the IMF sending gold on a rollercoaster ride after hours that took gold below $1100 and back again to $1125 by the close today. Today it's the Fed raising the overnight discount rate .25% to .75% after the close. Looks like a repeat of yesterday with gold swooning back down $15. Gravol anybody?

2
Feb 19, 2010 03:02AM
3
Feb 19, 2010 05:07AM
Share
New Message
Please login to post a reply