Time: 4:02

Tomorrow @ 8:30 Jobs report out.

If stronger than expected look for strong US $ and weak Gold & Silver so hold hedge.
If weaker than cover Gold & Silver hedge quick.

Remember I am trying to protect the CEF position. I hope to lose money on the hedge. I will still make money if metals are stronger due to my other commodity positions. Error on the side of holding the hedge if action is not clear.

The charts of GLD and SLV are terrible. The uptrend has been broken, there are no signs of accumulation and certainlty no evidence of a bottom forming yet.

No idea how the markets will react if at all to the number. Try not to be shaken out of positions at this point. The market has followed thru and is on a buy signal. We will use individual stops at the end of the day to defend capital.