Thread: Latest FED Rate and the future position of Gold and Silver?

Hello..

I live in Europe .. and today I heard that the FED is lowering it's rates to nearly 0 percent..
What the hell is that going to do to inflation ?
I mean .. I can imagine the price of Gold going to the roof ..
I live in Austria .. Hence my salary is in Euros.. But the eurobor is still low (somewhere around 3%)..

Does this mean that the Euro might weaken too because the weakening of the USD..
Is it a good time to get into gold ?

Possible it may be good to get into gold. However, many of the actions the FED is reacting too are deflationairy actions. It will all depend on weather the housing crash causing deflation (IE 150K can buy more house than 150K 2 years ago) is equal to the rate cuts causing inflation.

Possible it may be good to get into gold. However, many of the actions the FED is reacting too are deflationairy actions. It will all depend on weather the housing crash causing deflation (IE 150K can buy more house than 150K 2 years ago) is equal to the rate cuts causing inflation.