An Cold War Update From Batchelor and Cohen

Another comprehensive update last evening from Mr. Batchelor and Professor Cohen. Please be sure to listen.

The New Cold War continues and now it appears that hot war may be beginning to flare again in Ukraine. As we've now counseled for three full years, you simply must try to carve out time each week to listen to these fair and honest discussions.

TF

17 Comments

billhilly's picture

cold war....

...let's hope Trump can warm relations a bit !

Sir loin's picture

I will take silver

So that marchas can have 4th

ancientone's picture

Bronze

Hopefully, Marchas comes after bronzesmiley

AGXIIK's picture

Fourth gets tin

Fourth gets tin

Turd Ferguson's picture

For all you Canucks

MODERATOR

And really just about everyone else, too...

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Blaggers's picture

Gap....

.......moves happening twice in the USDJPY this morning.

Don't see that very often.

It's struggling finding support from a trendline break right now and has closed one of the gaps from earlier now.

The epic battle between The Donald and Mother over the strength of the dollar could could lead to a very interesting day today.

Meemer's picture

Always amazing information

Always amazing information

chrtoo's picture

Cold War Fix for Ukraine.

I hope that President Trump puts V. Nuland and S. Power in prison, where they can spend their days justifying their actions in their memoirs which never see the light of day. After that, he could bring to light Senator McCain's and VP Biden's evil follow-on efforts to destabilize Russia and foment civil war in Ukraine; I expect the public would then do what is necessary in those situations. Follow the money back into Ukraine and arrange to get rid of the Neocons and Nazis that McCain and Biden have financed, encouraged and protected. Finally return Ukraine to democracy; their style, not ours ... just like we'd never been there at all (except for all the destruction, of course; sorry about that)!

At least that is how this would all turn out, if I was cranking the Dream Maker machinery.

CHR.

P.S.  Thanks Turd for continuing to highlight this most important information!

NW VIEW's picture

Understanding the employment numbers:

BOGUS,BOGUS >>>>>>>>>>>>>>>>

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

The books are cooked but that is not the only issues.  So I grabbed my daydream recorder and headed into the workplace, interviewing the seekers of fiat:

1st. person:  A 22 year old college student, up to her neck in student loans, her family having mortgaged their home to keep her in school and will seek a job that pays $15 per hour "if" she graduated in two more years.

2nd. person:  A local home builder.  Cannot find anyone who will work in the trades.  Looking for framers, foundation crews, siders, roofers, landscapers, and any warm body who wants to work, even without a grade school education. He said that there are not any American men who are looking for work.

3rd. person on street;   Oh, I do not want to find a job.  My friends are on the streets and everything is provided for us.  We cannot eat all the free meals in our town. We have free everything. Let the people that want to work and pay taxes just do it. Not me.

4th person: I have an apartment, free food stamps, my kids have state paid medical/dental and we enjoy our freedom from work.  My boyfriend lives with us and he works under the table for cash.  We have a wonderful life.  I am going to have twins in three months and it is all covered by the state. Why would I want to work?

5th person;   Oh yes, I have two jobs.  My wife also works and we have two kids.  We cannot buy a good medical insurance but have major medical only.  We pay $1200 per month for the insurance and hope we do not become ill.  We cannot afford to be out of work nor pay for the additional costs that are not paid by the insurance.  We have decided not to have any more children as it would destroy our income stream. 

On the one hand, the unemployment numbers are much higher than reported and on the other hand, there are millions of jobs available but working the system has become a way of life in America.  When we were kids, even in grade school, we all had jobs.  Mowing lawns, stacking fire wood, working in the berry fields in the summers, gathering fir cones in the fall, picking blackberries, washing dishes at the local cafe and anything else to make a buck.  What happen to that generation of

American Dreamers who were the offspring of those who traveled through Ellis Island?   Everywhere we look, we see employment opportunities and no seekers.  When the wife and I go to Walmart, I see the older baby boomer who is a greeter. I tell her that is the only job we are qualified for at our age.  However, we are looking for a building lot and we will be building much of the work ourselves.  It is almost impossible to just quit working as the hopes of a American dream, through hard work, refuses to grant me a fishing pole.      Jim

Fred Hayek's picture

Trump is the adult in the room re Russia

It's really kind of startling how the blue team and the neocons have behaved so psychotically with regard to Putin and Russia that the supposedly crazy guy, Trump, by simply indicating an intention to follow some degree of common sense regarding Russia, has immediately vaulted to the status of the only adult in the room.

Oh, and another great truth bomb that Trump could lob into the political discourse would be to expose the risibly corrupt way that Biden's son was somehow made a bigwig at a Ukrainian energy company. 

Silver Sooner's picture

Update

Things continue to escalate, albeit very slowly.  The majority of the action is artillery action by both sides (again using the full range of available weapons).  There has been some movement that MIGHT indicate more of an offensive in 3 potential places, yet nothing definitive.  Training/leave has been canceled on both sides and 2nd echeclon forces are already mobilized.  All-in-all, the situation has worsened in the last 2 days rather than abating.

The professor is right in that what's happening is a baiting of Russia to react more openly while also creating a situation forcing the west to respond more actively.

However, I disagree that there's any hope for detente.  This isn't a "New Cold War"-- it's already open warfare, just in a new form than world has seen before.  The concept of "4th Generation Warfare" is what we're seeing where the new weapons/battlefields are more in the information/psychological domain.  

Ukraine (and Syria) are part of what we talk about every day here--the struggle to maintain an U.S.-dominated world order.  Turdville focuses mainly on the economic aspects of that struggle, but Ukraine/Syria/Balkans are the political/military aspects of the same war.

Turd Ferguson's picture

As always, SS...

MODERATOR

...thank you for keeping us all up-to-date.

SteveW's picture

For Canucks

TF "Unfortunately, at this time, we only can ship to USA addresses" according to the JM Bullion website.

I searched around recently for the UK silver 1 oz year of the rooster, since I couldn't find any in Canada. I settled on Apmex, ordered last Wednesday and just received it today. I don't think there are many others that ship internationally. Too bad Apmex is no longer a sponsor, although I rarely order online, and then usually in Canada where I can pay by (free) direct bank transfer.

SteveW's picture

Balance of Power

I thought Prof. Cohen's comment that detente with Russia would not operate as a balance of power, due to the economic and geographic relationship of Russia and China was well reasoned. Thus the Kissinger strategy is ineffective.

However improved relations with Russia and reducing the power of US war mongers will go a long way to promoting peace. Despite his "America first" rhetoric Trump is sufficiently intelligent to recognize an Empire in decline and his moves seem aimed to producing a soft landing in a multi polar world.

Turd Ferguson's picture

re apmex

MODERATOR

I have a spot open. Would you like me to check on their interest? I'd shied away in the past due to a distant connection to JPM.

Response to: For Canucks
phil288's picture

Turd

Relative to Apmex, I have done business with them in size from time to time.  They are huge and could well afford to advertise here.  Whether or not they could be competitive is another question.  I am not sure how serious the JPM connection might be, but if they would throw a few bucks your way I'd say have at it.  Regards and a belated happy birthday.  Great site!

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