Why did gold jump on Friday?

Posted | 13/01/2014 / Views | 1008
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US employment figures released Friday showed the lowest number of jobs added in 3 years putting serious doubt into play on the supposed US recovery.  And as is usual, of the 74,000 jobs added the vast majority were lower paying (many temporary retail just before Xmas) and the unemployment rate dropped because of people exiting the workforce (and not being counted) rather than because of new jobs.  The workforce actually shrank by 347,000 to a 35 year low 62.8% participation rate.  Farcically shares went up because it might mean less tapering / money printing and gold rallied strongly given the same.  One of these is a bubble…can you spot which?