The Non-Farm Payrolls Report came in light this morning, both in terms of jobs added and real wage growth.
The unemployment percentage went down a bit, but this is relatively meaningless.
I have included the US Labor Participation Rate as the first chart below.
Stocks managed a modest rally based largely on the momentum from this week led by Apple.
The US Dollar was flat.
Gold and silver managed to rebound from another short-term oversold condition. Let's see if they can rally next week.
This may have some relationship with the US Dollar and the currency crosses. This was discussed intraday commentary that you may wish to read here.
Please remember Koos Jansen, one of the gold analysts from Bullionstar who specializes in Asian gold flows your prayers, that he may return to full health. His commentary is missed.
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