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Housekeeping: Good Morning.

The reset is a process, not an event

Topics:

* El Salvador Buys Gold

* Jobs Number Preview (Premium)

Market Analysis:

Full analysis in Premium Post:

Related Posts:

This Weekend:

Data on Deck: Unemployment

* MONDAY, SEPT. 1 Labor Day holiday

* TUESDAY, SEPT. 2 PMI

* WEDNESDAY, SEPT. 39 Job openings, Fed Beige Book

* THURSDAY, SEPT. 4 PMI and speakers

* FRIDAY, SEPT. 5 U.S. employment report Aug.75,000 73,000, US unemployment rate Aug.4.3%4.2%

Charts and Final Market Check:

Jobs Report Preview:

Bottom Line among Big Three Banks (see excerpts at bottom):

* Goldman: much weaker than consensus

* JPMorgan: Agrees with consensus

* BofA: stronger than consensus

Bottom line for GoldFix We agree with JPM here (see bottom), that almost regardless of the print in a normal range, the Fed will cut 25bps. We feel also as Goldman (and ZH) does, the revisions coming afterwards will matter as much if not more.