If jobs are more than 180,000 for September. It is fair to say the US economy is on track for further economic growth and expansion and will start to taper back it's bond buying.
If less than 180,000 job expected and unemployment rate stays at 7.3%, it is possible that the Federal Reserve will flush the US financial system with more stimulus and liquidity available to the banks. Gold price could be expected to rally..
We await next week October 4 when the Fed meets. Next week very interesting week coming up for Gold Buffs and Gold Producers.. My opinion only is that there could be another round of stimulus considering the large rise in World Oil And Gas Prices adding to the cost to do business.. Oil price has gone well over $104 in most world markets.
Also OGX Bulk sampling results are due on a number of fronts...
TRF Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held
