Foreign Affairs

224
Sat, Nov 26, 2011 - 12:55pm

Next week is shaping up to be an extremely volatile and tense week. At the surface, there is the ongoing concern over the EU and the future of the euro. Bubbling below the surface is something far more dangerous.

First, on Wednesday, there was this:

https://www.zerohedge.com/news/aircraft-carrier-cvn-77-parks-next-door-syria-just-us-urges-americans-leave-country-immediately

Which was followed by this:

https://www.zerohedge.com/news/russia-retaliates-against-us-puts-radar-station-combat-alert-prepares-take-out-european-missile

The only article I found concerning Medvedev's speech managed to minimize the concern by pointing out that all of the bluster was likely just "posturing before the next Russian presidential election". What the author failed to point out, however, is that Medvedev isn't running for re-election. Hmmm. So what do we make of it? What is going on here? Let's refer to the ageless wisdom of Admiral Painter:

Russians don't take a dump, son...

The Russians are clearly trying to send a signal to the U.S., NATO and the Arab League to NOT attack Syria and depose Assad the way they did Gaddafi. Syria is a longtime Russian ally in the region.

OK, so then we get this, from the media arm of The Mossad:

https://www.debka.com/article/21519/

Why would the Turks or the Israelis go to the trouble of wiping out 6 of Syria's "top pilots" if they weren't planning on assuming control of Syrian airspace in the near future?

https://news.yahoo.com/turkey-says-no-longer-tolerate-syria-bloodshed-113444151.html

And then we get this, also from debka. Looks like the Russian "plan" is escalating, too:

https://www.debka.com/article/21521/

Then, today, we are treated to this. Nothing like pissing off Pakistan, too, and at just the wrong time. You can bet your arse there will be mass rioting and anti-U.S. demonstrations in Pakistan over the next few days. Will there be sufficient chaos to unseat the ruling generals?

https://www.reuters.com/article/2011/11/26/us-pakistan-nato-idUSTRE7AP03S20111126

Just for a little background and color:

https://www.armscontrol.org/factsheets/Nuclearweaponswhohaswhat

And, to top it all off, there's this:

https://www.haaretz.com/news/diplomacy-defense/iran-general-threatens-retaliation-against-israel-nuclear-sites-1.397789

And this:

https://abcnews.go.com/International/wireStory/iran-threatens-hit-turkey-us-israel-attack-15032413#.TtEtds1OBhs

So, enjoy the rest of your weekend. Rest and relax but keep an eye on the headlines. Perhaps this will all just blow over. Could we be so lucky? I fear the worst, however, so I'll leave you with one more bit of wisdom and experience from Admiral Painter.

We'll Be Lucky to Live Through It

About the Author

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  224 Comments

Gil
Nov 26, 2011 - 2:01pm

Thanks Turd

Santa used to say something like "Israel miscalculates, Turkey becomes a victim". Seems very plausible after reading the linked articles.

bernard
Nov 26, 2011 - 2:03pm

Either way you look at it,

Either way you look at it, this does NOT look good for the average JOE. Keep stacking men.

CreditCrumbs
Nov 26, 2011 - 2:16pm

It's all about natural resources

The battle for oil:

China vs USA - 'The Battle for Oil' Part 1of 2.
China vs USA - 'The Battle for Oil'. Part 2 of 2
BUDDHA PRINCESS
Nov 26, 2011 - 2:32pm

Silver Update 11/25/11 - Finished ......Brother John F

Brother John F taking a look at Silver Facts in an interview with the CEO of First Majestic Silver Corp.

Excerpt: We have had supply deficit for the past 13 years. All kinds of new applications for silver in solar power, battery technology also in robotics and other applications are on a horizon. Here is the link.

https://www.youtube.com/user/BrotherJohnF

About 17 minutes into the video he looks into short CME Group options puts

for those who play.

cpnscarlet
Nov 26, 2011 - 2:37pm

War w/Syria First?

Well, if it does happen and there is a war with Syria before Iran, it will be another 2 points for Lindsey Williams. Not that I'm a great fan, but I am watching closely. His sequence (I think) is Syria, Yemen, Bahrain, Saudi. And they all go under the Muslim Brotherhood. I have said it before - if gold goes to $3K before any of us expect it (for what exact reason I do not know), then we all need to watch/re-watch his 2012 DVD series. Again, no plugs, I'm just sayin' ....

opalboy
Nov 26, 2011 - 2:42pm

We need growth damnit! So

We need growth damnit!

So let's destroy a bunch of stuff, so we can build it again!

But seriously, this end of the world is taking longer than is convenient, but you know.....http://www.youtube.com/watch?v=XIX0ZDqDljA

BUDDHA PRINCESS
Nov 26, 2011 - 2:48pm
BUDDHA PRINCESSopalboy
Nov 26, 2011 - 2:50pm
BUDDHA PRINCESS
Nov 26, 2011 - 2:55pm

'A Complete Disaster' -Sovereign Bond Auction Fizzles in Germany

Germany has been considered a safe haven of financial stability amid the ongoing euro crisis -- but that may be changing. Growing mistrust from investors seems apparent after what has been described as a "disastrous" government bond auction on Wednesday. Just two-thirds of the German bonds sold, leaving analysts concerned but not panicked.

Posted at the German website

https://www.spiegel.de/international/germany/0,1518,799550,00.html

BUDDHA PRINCESS
Nov 26, 2011 - 3:00pm

Is the U.S. About to Invade Syria … and Pick a Fight with China

​From: Casey Research by Ed Steer

CBS reports: “The U.S. Embassy in Damascus urged its citizens in Syria to depart “immediately,” and Turkey’s foreign ministry urged Turkish pilgrims to opt for flights to return home from Saudi Arabia to avoid traveling through Syria.”

Military analyst Stratfor reports [as summarized over at zerohedge.com]: For the first time in many months, [the aircraft carrier] CVN 77 George H.W. Bush has left its traditional theater of operations just off the Straits of Hormuz, a critical choke point, where it traditionally accompanies the USS Stennis, and has parked… right next to Syria.

This short must read story was posted over at washingtonblog.com...

The link is here.

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Key Economic Events Week of 11/11

11/12 Three Fed Goon speeches
11/13 8:30 ET CPI
11/13 11:00 ET CGP on Capitol Hill
11/14 8:30 ET PPI
11/14 Four Fed Goon speeches
11/14 10:00 ET CGP on Capitol Hill
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Key Economic Events Week of 11/4

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11/8 10:00 ET Consumer Sentiment
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Key Economic Events Week of 10/28

10/30 8:30 ET Q3 GDP first guess
10/30 2:00 ET FOMC fedlines
10/30 2:30 ET CGP presser
10/31 8:30 ET Personal Income & Spending
10/31 8:30 ET Core Inflation
10/31 9:45 ET Chicago PMI
11/1 8:30 ET BLSBS
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1/1 10:00 ET ISM Manu PMI

Key Economic Events Week of 10/21

10/22 10:00 ET Existing home sales
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10/24 9:45 ET Markit flash PMIs
10/24 10:00 ET New home sales
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Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
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10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Key Economic Events Week of 10/7

10/8 8:30 ET Producer Price Index
10/9 10:00 ET Job Openings
10/9 10:00 ET Wholesale Inventories
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET Consumer Price Index
10/11 10:00 ET Consumer Sentiment

Key Economic Events Week of 9/30

9/30 9:45 ET Chicago PMI
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10/1 10:00 ET ISM Manu PMI
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10/2 8:15 ET ADP jobs report
10/3 9:45 ET Markit Service PMI
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Key Economic Events Week of 9/23

9/23 9:45 ET Markit flash PMIs
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9/10 10:00 ET Job openings
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