weunited, mate the fact is that real rates are negative. Inflation is destroying peoples purchasing power and they have no other option other than gold to stem the blood letting. Bonds are an absolute disaster at present. At the end of the day that is why gold is going up. Until rates rise high enough to turn real rates positve investors are left with little choice other than gold/silver.
So to answer your question, I know a said to be cautious today, but I can't help but be mega bullish because a rate cut is hugely positive for gold and very bearish for the USD.
