Just when some were about to throw in the towel, here comes gold, roaring back to life this Friday, bringing a much-needed surge of excitement to the precious metals environment.
Gold ended the third quarter in negative territory, its second consecutive lower quarterly close.

Depending on which side of the fence you are on, gold rallying in the wake of the weak U.S. jobs numbers is either good news or bad news. Only 142,000 new nonfarm jobs were created in September -- well below the 200,000 rise that was expected; bad news for the U.S. economy.



Watch U.S. Global Investors' Frank Holmes talk Glencore, and whether it could be the Lehman Brothers of mining. Famed analyst, Eric Coffin also joined us and noted that should copper fall below $2 – he expects production to "vaporize" and no new mines to be built.

And just when you thought bank scandals were behind us, here we go again. Switzerland's competition commission has begun probing seven major banks for rigging prices in the precious metals market, including gold and silver. We'll keep you up-to-date on the latest news from this 'scandal.'

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