neil: i want to bring in former fed governor wayne angell, what are the rates holding off ironicallycrisis in europe, and europe is so tight for money and everything else, that the last thing it needs is to be at a currency disadvantage or a financial disadvantage to the united states. it's yet the latest wrinkle in this argument what the fed does or doesn't do. what do you make of that, and what do you think the fed does look at to make its decision today. >> well, i do not believe that janet yellen has the courage to do what she should do. neil: which is what? >> and to me there's no doubt but what low interest rates are handicapping a consumer sector of the economy. low interest rates aren't doing what people think low interest rates do. so i think it's time to get on with the business. i would like to see them do a rate change that would be noticeable, and 25 basis points, where are you going to find that? 50 basis points is what they should sdposhgsthen stand back and see what happens. that would be my suggestion. neil: okay, well, i don't think they'll take it, but it's possibl

we did have earlier, i believe, wayne angell during neil cavuto's coverage, no, i don't see bubbles but there are a lot of smart people who do, melissa. they really do see, by keeping rates this low for this long, indirectly mortgage rates will stay low most likely. they don't directly affect mortgage rates. indirectly that is good for housing market. i get that much. same with credit card debt. that will remain low. yet savers are getting crushed. melissa: liz, thank you so much for that. david? david: we first got indication that rates would not be going up by the price of gold. it actually started rising significantly yesterday. rose even more today when the fed officially kept interest rates flat. our own jeff flock at the cme with more. you phil flynn is with him. we got a view into the future and price of gold, did we not, jeff? >> i think you're absolutely right. in fact that was the only commodity that did anything today particularly after the move, right, phil? oil did nothing. >> we got initial surge on oil right after the announcement fed kept rates going and and gold basical