IKN

Take physic, pomp

Gold’s reaction to the U.S. jobs report

It went up by 0.65%, which is hardly a panic attack:

Presumably, those panicking about the imminent death of the US economy are stocking up with guns first, then plenty of canned pork’n’beans. Later comes the bullion shopping. Or something.

Anyway, I’m more interested in seeing how the mining companies react to the news and that will start in 16 minutes’ time, when the market opens.

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