NFP + 96k, Unemployment 8.1%, Metals Surge

  • NFP +96,000 on expectations of + 130,000
  • Official Unemployment rate drops to 8.1%
  • July revised down from +163,000 to + 143,000
  • Gold and silver surging on the news
  • Silver back over $33, gold soars to $1720.

    We now know why the cartel’s massive raid overnight was needed: to prevent $1800 gold and $35 silver by the end of the day.