9:52am - Emergency 50bp cut by the US Fed caused GOLD to move like Bitcoin last night, somewhat along with the US which is down heavily again. Our reserve bank cut 25bp yesterday too, to little effect. What's the cheapest % homeloan you can get now with full passed down rates? 2.4%?
Trading Tip - Certain sectors and stocks move up in economic down turns, it may be worth shopping for. Alternatively BBOZ and BBUS are ETF's that move inverse to the indexes.
Trading Quote - “Hope is bogus emotion that only costs you money.” – Jim Cramer
