There is some positive action taking place this morning that leads to an increased likelihood that something big will occur this weekend. Here is why. I have posted a number of times recently that if something were going to take place over a weekend, geopolitically or on the global economic front, it would provide a tell most likely in the gold and silver trading on the Thursday and especially the Friday before. Well nothing showed up yesterday but I was mildly optimistic that the jobs number release today, might provide a catalyst. The takedown immediately at the point of release was typical, outright previously coordinated manipulation. I knew it was going to lead to one of two things. Another face plant for gold and silver which would just be kicking the can down the road for another undetermined period of weeks or months OR the mother of all gold and silver price reversals that meant it was likely that something was coming, over this weekend. The jury is still out. We got an initial bounce into positive territory for both metals and the volatility is kicking in. We need to see both metals with large rallies and closing at or close to their highs for today’s session. If so something big is likely to happen over the weekend that will be used to explain very large moves in markets next week.