Why are you people bashing Herb for stating an obvious problem with the fed's panic move. He's also right, this will not save the housing market. All this will do is make the dollar drop even further.
buy gold and watch out, because this is going to get ugly
What if the Fed Cut Doesn't Help? [View article]
buy gold and watch out, because this is going to get ugly
Fed Rate Cut: Victory or Defeat? [View article]
With gold and oil setting record highs, how could they possibly justify a .75 rate cut. It's inflation stupid, and it's about to get out of control.