Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

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Message: Fed cuts target for key rate to record low

"THE GOLD BULL NOW WILL CHARGE"...

Totally agree. Golden Christmas for sure IMO. No reason for gold to go down now... "rates will be low for some time"... i.e. no demand for $US and/or US Treasuries anytime soon. Seriously... what is left for those who previously bought US Treasuries because of their secure appeal? They pay 0 now and will for "some time". Gold will be very attractive to many of these investors going forward.

red911

P.S. $1000 by Christmas! Gotta bet with Clinteroo. LOL.

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