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The expected bear raid showed up right on cue.
Scroll down for intraday commentary on the Non-Farm Payrolls Report and the precious metals action.
See you Sunday evening.
Light trade, allowing for the old dipsy doodle.
Have a pleasant weekend.
I suggested that the metals would be hit with a bear raid today, and so they were.
The Jobs number was a bit hollow, as noted in the blog entry below this.
There will be no sustained recovery until most workers can reasonably maintain a livable wage with healthcare benefits.
And the Fed and the government will continue to support a broken system that sustains and rewards them, because that is in their own short term, selfish interests. That is the credibility trap.