Strong October US Jobs Data Stun Gold. For How Long?

From sunshineprofits.com

The recent employment report points to the continuing strength of the U.S. labor market. The earlier months' upward revisions paint the same picture. Yet the unemployment rate ticked higher - is a recession looming, or not? And what does it all mean for gold? October Payrolls Better Than Expected, But Unemployment Rate Edges Up The U.S. created 128,000 jobs in October, following an increase of 219,000 in September (after an upward revision). The nonfarm payrolls came above expectations. The analysts forecasted only 75,000 new jobs, as they thought that the strike at General Motors would be more detrimental for the ... (full story)