"The US government is all about narrative management, especially in an election year. And the jobs report is where it runs its biggest scam."

And,

"... more likely, it's just the People's Bank of China trying to engineer a slightly cheaper price before resuming purchases", given that they stopped buying gold last month.

rubino.substack.com

It looks as if yesterday's two pieces of news may have created a buying opportunity in metals and miners, though the negative short-term results may continue for a few days. 

For those who did not notice, gold was shot down by 3.5 percent, silver by 6.8 percent, and copper by 4.2 percent. These are massive moves, but the news behind them may not be trustworthy.