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Gold has traded between $1,523 and $1,548 so far today…the yellow metal strengthened following the weak U.S. jobs report this morning…as of 9:30 am Pacific, Gold is up $10 an ounce at $1,544…Silver is off 16 cents at $35.99 while the U.S. Dollar Index continues to sputter…it’s down over half a point at 73.76…crude oil is strengthening and is now off only 57 cents at $99.83…U.S. employers hired far fewer workers than expected in May and the jobless rate rose to 9.1% as high energy prices and the effects of Japan’s earthquake bogged down the economy…non-farm payrolls increased 54,000 last month, the weakest reading since September, according to Labor Department statistics released this morning…private employment rose just 83,000, the least since last June, while government payrolls dropped 29,000…economists had expected payrolls to rise 150,000 and private hiring to increase 175,000 in May…the government revised employment figures for March and April to show 39,000 fewer jobs created than previously estimated…the job creation slowdown confirmed the economic weakness already flagged by other data from consumer spending to manufacturing…this certainly confirms a slowdown in the U.S. recovery – the big question is, how long will this slowdown last and will the economy begin to re-accelerate in the second half of this year as some economists are suggesting?…we happen to be in “the sky is not falling” bullish camp but we’ll let the CDNX do the talking…it’s our contention the Venture Exchange ended a major correction May 17 by bottoming out at 1957…the market climbed as high as 2107 Tuesday before a normal pullback the last few days to the 10 and 20-day moving averages which we stated would likely provide support in this new uptrend…as of 9:30 am Pacific, the CDNX is at 2048, down 10 points in sympathy with the broader markets…this has the feel of a potential turnaround day but we’ll see what develops over the final few hours of trading…one of the situations we’ve been mentioning recently, beginning when it was trading around 50 cents, is iSign Media Solutions (ISD, TSX-V) which continues to show extremely bullish chart patterns…we seldom highlight non-resource plays but this one has really caught our attention partly because of some extremely bullish chart patterns that John recently identified…ISD has been a volatile trader and of course the stock is highly speculative – the success of this company will obviously hinge on securing contracts, generating cash flow and turning a profit – but this “play”, if one wishes to call it that, appears to have all the ingredients necessary to propel it higher…John updates the ISD chart below (the stock is currently up 3 pennies at 62 cents on CDNX volume of 1.6 million shares)…

On the resource front, Adventure Gold (AGE, TSX-V) gapped up this morning to 58 cents on an 80,000 share market buy order…the company released excellent results the other day from its Pascalis-Colombiere Gold Property near Val d’Or and a follow-up 5,000 metre Phase 2 program is now underway…AGE is currently 4 pennies higher at 54 cents…Currie Rose Resources (CUI, TSX-V) continues to show strong support and is unchanged at 19 cents…Visible Gold Mines (VGD, TSX-V) is up 2 pennies at 26 cents…we’ll have more on VGD early next week out of the Resource Show in Vancouver…we’ve had some inquiries regarding a chart update for Cadillac Mining (CQX, TSX-V), so John has provided one for us this morning…we’re still waiting for Cadillac to make things happen with regard to its property at Wasamac where it clearly has a Golden opportunity – but an opportunity that so far has not been capitalized on…