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The importance of the unemployment numbers for the Fed

Cory
September 1, 2016

Craig Hemke is with us today to discuss the importance of the unemployment numbers that will be released tomorrow. The markets appear set up move tomorrow but the real story will be how these numbers will impact the Fed narrative for the rest of September.

Click her to visit Craig’s website, TFMetalsReport.com

Click download link to listen on this device: Download Show

Discussion
14 Comments
    CFS
    Sep 01, 2016 01:10 PM

    But, But, But, what difference will it make?

    We have observed all kinds of rate cuts, which have done next to nothing for the market. So why should a rate hike of ).25% or no rate hike at all make one damn bit of difference?
    Like the unconvicted criminal says……what difference does it make?

    CFS
    Sep 01, 2016 01:26 PM

    It looks like gulf oil production will not be as badly affected by hurricane as first thought:
    https://www.yahoo.com/news/factbox-gulf-mexico-oil-platforms-restart-despite-storm-144404748–finance.html?ref=gs

    Sep 01, 2016 01:31 PM

    Hi Al

    I would like to remind everyone that the Turd predicted three weeks ago there would be a surge in gold prices in the second half of August. Oops!

    Bye the way, I haven’t hear from Bob Moriarty for while. Bob is the only pundit I’ve followed that has the guts to admit he doesn’t know anything. I wish the Turd were as humble. If you interview Bob and the dialog gets too sanguine ask Bob if he would consider voting for Hillary in the upcoming election. If that doesn’t juice up the conversation nothing will.

    Bob Grierson

      B
      Sep 01, 2016 01:23 PM

      Yup TF is part of the “world is manipulated” gang so buy buy buy.
      But heck, its a living, cant begrudge a guy that.

      I really like the idea of getting Bob M on and asking if he would vote Hillory.

      Sep 01, 2016 01:54 PM

      Bob G, Al is very frustrated with politics, he needs some rest from the stress of political issues! DT

      Sep 01, 2016 01:05 PM

      Bob Grierson – Bob Moriarty joins us in the chatroom here frequently. He’s a good guy and straight shooter and we learn things from him regularly. He has stated that he’s not doing the interviews because we’ve had some challenges with trolls heckling the speakers in the past, and his wife didn’t want him to stuck in the middle of those kinds of exchanges. (very understandable).

        Sep 01, 2016 01:07 PM

        Also, I’m sure you realize this already, but he does submit articles to a few different outlets and his site http://www.321gold.com .

        Cheer!

    CFS
    Sep 01, 2016 01:38 PM

    X-Energy and Southern Nuclear Operating Company have signed a memorandum of understanding to collaborate on development and commercialization of their respective advanced reactor designs.
    X-energy is working in partnership with BWX Technology, Oregon State University, Teledyne-Brown Engineering, SGL Group, Idaho National Laboratory, and Oak Ridge National Laboratory on its Xe-100 pebble bed high temperature gas-cooled reactor.
    Southern Company Services, a subsidiary of Southern Company, is developing the Molten Chloride Fast Reactor (MCFR) in partnership with TerraPower, Electric Power Research Institute, Vanderbilt University, and Oak Ridge National Laboratory.
    In a statement, X-energy said its collaboration with Southern aims “to make available an additional nuclear solution that supports the global clean energy movement.”
    In January, the US Department of Energy (DOE) selected both projects to receive multi-year cost-share funding worth up to a total of $80 million. The DOE will fund cost-shared research and development activities with industry to support the Xe-100 and MCFR.
    The Xe-100 design builds on earlier DOE investment in Triso (tristructural-isotropic) fuel technology, and X-energy said that the funding will focus on technology development, including core modelling, fuel fabrication and Nuclear Regulatory Commission “outreach”.
    Molten salt reactors use molten fluoride salts as primary coolant, at low pressure. The technology was demonstrated in reactors that operated in the 1960s and 1970s. With potential enhanced operational performance, safety, security and economics relative to other advanced reactor concepts, various molten salt reactor concepts are being studied in countries including China.

    It is about time!

    CFS
    Sep 01, 2016 01:31 PM

    Hugo Salinas Price about the end of the current debt monetary system:

    http://plata.com.mx/Mplata/articulos/articlesFilt.asp?fiidarticulo=293

    CFS
    Sep 01, 2016 01:38 PM

    For those suffering withdrawal symptoms from Rick:
    http://www.howestreet.com/audio/Ackerman_Rick_2016_08__30.mp3

      Sep 01, 2016 01:58 PM

      Thanks for the Rick post CFS.