Good morning, I see TPTB managed to shave a little more off of the price of Gold this morning, not surprised as $1280 was the goal and they achieved it, they also achieved taking down the GDX where is now sits at $25.65 all very predictable. Now the real number we should all be watching
U.S. 10 Year Treasury Note.
Two basis points off the all time high, we get a good Payrolls number and all hell is gonna break loose in these Markets folks, do not try and chase it or front run this market you will be eaten alive. I stated my current position clearly last last evening, right or wrong the Market will be moving swiftly and the DXY as well.
Best of luck one and all. ( Currently sitting at 2.75% )
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