By John Galt
December 2, 2011 – 05:30 ET
I’ll keep this one brief with some numbers:
Gold should head north of $1780 today, fail and pull back at the close.
The BLS NFP dart board prediction from myself: +163 K
U-6 Remains above 15.2%
S&P 500 approaches 1265-1266 on light volume and starts to fail before the close.
The main thing is to watch the 3 month US Treasury and the reaction of the financials to the drip, drip, drip of news out of the Eurozone. More after lunch as my tee time is 0815 and that is much more important than anything else that could possibly happen this morning in the markets.