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Gold is currently rallying to levels last......>

GOLD
GOLD: Gold is currently rallying to levels last seen at the end of September,
gold was last at $1284.31, up $7.63. Sources reported stops were going off amid
geo-political uncertainty while headlines came down from the New York Times that
U.S. Senator Bob Corker said Pres. Trump could set the nation towards 'World War
III.' Pres. Trump and top Senate Republican Bob Corker engaged in a twitter
spat, Bob Corker calling The White House a 'day care centre.' The markets
obviously sensitive as we recently heard N. Korea are 'seriously ready for
confrontation,' preparing a long-range missile test.
- On the overnight Gold dipped $0.78 after the U.S. September jobs announcement,
which had a very weak hurricane-affected -33K NFP (first negative reading since
2010) but also a 0.5% Average Hourly Earnings and a lower 4.2% jobless rate then
came up $1.19 on a safe-haven bounce after Russian Lawmakers returned from
Pyongyang, N. Korea, announcing they were told N. Korea are preparing a
long-range missile test which could hit the U.S. 'soon.'
- All of the above outweighs the increased probability of a Dec rate hike from
the Fed.

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