On February 20 of this year gold pricing peaked at $1350 per ounce, the highest value gold has achieved this year up until recent action.

There has been an extended rally in both US equities and gold pricing this week. Both asset classes have moved to higher ground. Gold and equities running in tandem with price advances for a sustained time period is a rare occurrence.

Unquestionably one of the most important economic reports each month is the U.S. Labor Department’s jobs report (non-farm payroll).