November 01, 2019

Gold and silver are maintaining most of the gains made yesterday after the Fed cut rates on Wednesday even after today’s jobs report came in better than expected.  128,000 jobs were added in October, beating estimates of 85,000.  Stocks are surging on the news with the S&P 500 reaching record levels and the Dow up about 1% midday. Gold and silver are up about 1.6% and 1.9% respectively from their weekly lows.