A weak September employment report has boosted gold prices to a 3 week high. Expect gold to continue fluctuating around a $1,300 spot for the time being. Those entities who are moving massive amounts of paper gold in the stock markets are not finished yet.
The dollar was hammered today but like clock work, watch for it to be strengthened quickly.
We recommend clients stay out of gold for the time being and move into silver. Industrial demand will continue to strengthen silver giving it stability.