Craig Hemke – All Eyes On The Upcoming Jobs And Inflation Data

Craig Hemke, Founder and Editor of TF Metals Report, joins us to review the key macroeconomic data on tap, and how this may influence market expectations on Fed rate hikes and the duration of this tightening cycle. We discuss the likely volatility we could see in either direction, based on where the Non-farm Payroll jobs report comes in tomorrow, and where the CPI inflation comes in next Tuesday.   We tie this back to how it may affect gold, silver, and the PM mining stocks.  We wrap up discussing how the actions of other central banks like the ECB and Bank of Japan may affect their respective currencies of the Pound and Yen, and how the global economy may bleed over into our markets.




Click here to visit Craig’s site – TF Metals Report

    Mar 10, 2023 10:22 AM

    SVB bank run… good effin’ luck pulling this rabbit out of the hat… 😁

      Mar 10, 2023 10:33 AM

      Stay calm is a euphemism for ‘run like hell’, the only thing he wants is for the bank run to stop! hahahahahahhaahahahhahahahhahahhahahahahahhaha!!!!!!!!!!!!!!

      Mar 10, 2023 10:40 AM

      It takes years to build a bank and hours to destroy it, although the rot sets in years in advance it never becomes apparent until the end as the cover up can no longer be concealed. Much like a Bull Market it can take years of gains and short hours to lose ground. DT

      Mar 10, 2023 10:45 AM

      … “Garry Tan, the president and CEO of Y Combinator, warned its network of startups that solvency risk is real and implied they should consider limiting their exposure to the lender.

      “Anytime you hear problems of solvency in any bank, and it can be deemed credible, you should take it seriously and prioritize the interests of your startup by not exposing yourself ,” Tan wrote in a post viewed by Bloomberg News.

      A representative for Y Combinator declined to comment.

      Another firm, Activant Capital, sent emails and texts to its portfolio company CEOs encouraging them to transfer their SVB balances to other lenders, and is helping some move capital to First Republic Bank, CEO Steve Sarracino said.”

      Nope, no bank run here… look away look away…

    Mar 10, 2023 10:27 AM

    Too much coverage of SVB failure and “safety” of Wall Street Banks. Red Flag. Wall Street Banks all in green. Does not compute. I think someone said it best above. … “Run Away”

    Mar 10, 2023 10:02 AM

    Miners comment to Wall Street: “Can You Hear Me Now”?

      Mar 10, 2023 10:05 AM

      The problem is they are using two tin cans and a string…

        Mar 10, 2023 10:07 AM

        Good one Dan …. Got a match? Time to light-up the string.

    Mar 10, 2023 10:23 AM

    FREAKY FRIDAY………………….. AGAIN…………….
    Gold looking good….

      Mar 10, 2023 10:20 PM

      Like I said Freaky Friday…..
      and a big bank goes down… California…..

    Mar 10, 2023 10:39 AM

    And SIVB is gone…..faster than Lehman. Interesting times we live in.

    Hopefully CaliJoe didn’t have all his money at the SIVB. $250k is FDIC insured….the rest, well……gone to monetary heaven.

    Market holding up well in the face of another banking crisis – I’m sure some of it is that the Fed will have to fire up the printing press again. I’m sure the good old plunge protection team is busy at work also, pounding the buy button on S&P futures to keep this corpse of a market propped up.

    No leverage and sound money. That’s the future whether the banksters want it or not. Got gold?

      Mar 10, 2023 10:42 AM

      Another effect will be that the venture capitalists that have over hired will have to lay people off and lower the coveted new job numbers. They borrowed easy money and now they pay the price. I agree about the fed funds rate that the pivot may already be here.

      Mar 10, 2023 10:52 AM

      250K is FDIC insured, you hope it’s still there, and has value! When was the last time Fort Knox was audited and that was only a partial audit, 1953. That is 70 years ago, The Fed is always lagging not leading. When was the last time a Fed Governor was fired for not doing his job, never, if you control the levers of finance, you are in charge of the World as long as others accept your monopoly money. DT

        Mar 10, 2023 10:12 AM

        I’ve been polluting the message board lately because I think there is a confluence of cascading issues like peak interest rate increases and peak jobs and peak stupid leaders all on the horizon and people are looking where to invest next, now they are witness to the beginnings of a minor Lehmann like event, IMHO only.

          Mar 10, 2023 10:14 AM

          … and the pension crisis…

    Mar 10, 2023 10:01 AM
    NatGas retest underway.
    Deep to new lows?