Too much Canada Day celebrating and am having trouble getting my eyes open this morning. Today in a rational world we should see massive short covering by JP Morgan and the cartel as they are at their shortest ever. The jobs report was bad but was cooked to look not horrible - so if Summers/Geithner don't order a further takedown we should see gold/silver start to recover. I suspect that the pm and jpm stocks should be the canary in the coal mine here as to an indicator of what happens next week. If they (hedge funds/cartel) let them run today it will signal a good week for gold and silver next week.