Have a think about this. As the monthly US job reports have got...

Have a think about this.

As the monthly US job reports have got worse, each month when they are announced the US dollar, instead of getting smashed, strongly rises as it did last night like rising 2% against the euro.

This despite official unemployment also rising to over 7%.

The US dollar index rose 1% to 82.51.

Now imagine the strength in the US dollar if the number of jobs lost had been less than the 524,000 and unemployment had fallen instead of rising to over 7%!

Paper gold managed to initially ignore the strength in the US dollar and hit US$868. It was no surprise to see paper gold then given the naked shorting treatment and get smashed down to US$853.

It should be quite obvious that it now does not matter what is announced in the monthly job figures. By the end of the US trading session there is only one way the US dollar and gold is permitted to respond to the monthly jobs figures released these days.

Whatever is announced is seen as justification for pushing the US dollar up and for gold falling.

In other words, manipulation is now openly blatant.