The Economy Lost 23,000 Jobs. Gold Climbed Toward $4,400. Here’s the Mechanism.

When the US economy loses 23,000 jobs and gold climbs toward $4,400, most investors are confused. Here is the exact monetary mechanism that explains why a bad jobs report is consistently good for gold — and why the composition of this rally makes it more durable than most.

Gold Opened at Its Highest Level Since June. Five Things Are Keeping It From Going Higher.

Gold hit a seven-week high after July’s jobs shock cut September rate-hike odds to 44%. Five forces are now pulling on the outcome — and CPI Wednesday is the override switch.