Jobs Disappoint- Gold Jumps

Markets

UPDATE: August payrolls +151K, Exp. +180K

Big Miss:

Payrolls Rise By Only 151,000;
Hourly Earnings Growth Disappoints
Gold spikes $12 to trade $1329
Good For Hillary

worst since 2010

FOMC directer Fischer made Aug jobs a big focus with his post Yellen support at J-Hole. The market took him seriously
Then he hedged himself with a Bloomberg interview afterwards saying: " We also look at markets"
Consumer Confidence came out Bullish- reason to raise rates
ISM came out bearish- reason to not raise rates
Fed has chosen jobs, the most unreliable and volatile number for its Stand. Unreliable because it is so volatile lately that we do not think anyone could read a single number let alone find a pattern to justify an action
Which while adjusting our tinfoil hats we say this: BRILLIANT- the Fed can spin the number any way it wants.

Update-3: Deutsche Boerse responds to Xetra-Gold Delivery Allegations Technical Update: Gold Holding $1290 gets you $1349 Why a Fed Hike is good for Trump now, Gold Later If Gold Eats its Dinner- it Gets a QE4 Treat

So good luck today

ask yourself why the FRB would base its decision for a Sept rate hike on this number?- EDIT: and The jobs number unreliability does not FAIL to disappoint us