It's a relativity thing.They all expected a 1% cut in the Fed...

It's a relativity thing.

They all expected a 1% cut in the Fed Funds rate and got 3/4. The Euro has been getting all the speculative and fear flows and so it is falling back, 2 cents so far.

Shares are now up over 4% and since Gold was receiving the same type of money as the Euro it is under pressure.