As John Williams alluded to in his King World News commentary above... the jobs report will come out tomorrow around 8:30 a.m. Eastern time. For years the New York bullion banks have pounded the gold price at that time, regardless of whether the numbers were good or bad. They haven't been pulling that stunt lately... and we'll find out shortly whether they're going to pull it today.

The reason they haven't pounded it lately is they were off vacationing for 3 months. The stunt today is the same stunt they have pulled for years when at their respective desks. Same bat time, same bat channel. Old habits die hard.

stateside