Nonfarm payrolls

5:33 am PST. “In January, the US economy added 227,000 jobs while the unemployment rate rose slightly to 4.8%,” according to Yahoo Finance. “Average hourly earnings were up 0.1% over the prior month and 2.5% over last year. This was better worse than expected.” (sic). Yahoo Finance cannot write a grammatically correct sentence. “better worse than expected”? What does that mean? lol.

Gold and silver are moving up after the report. The dollar is selling off. The dollar could waterfall from here. I expected silver to move higher anyway, regardless of the news.

Perfect how silver just tagged the trendline and bounced.

 

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