by Jesse's Cafe Americain:
"...There are an important set of central bank decisions coming up, including the FOMC meeting shortly after the Greek elections at mid month. This weak Jobs number gives Bernanke the cards he needs to play in responding to the evolving crisis.
"And you know what that means.
"And this is why gold and silver diverged so hard this morning to the upside. They had been artificially pressed down for the May-June contract expirations, and some might say to lessen the impact of their rally when the inevitability of QE became evident. It also gave some of the wiseguys a great opportunity to pick up the means of production, the mining stocks, on the cheap if one is thinking longer term.
"Anyone who cannot see manipulation in the precious metals markets is willfully purblind, in every sense of the word..."