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This Week With Batchelor and Cohen

Wed, Oct 17, 2018 - 9:37am

After taking last week off, John and Steve returned last evening with an interesting history lesson of Cold War espionage mixed in with a discussion of current events.

As always, please be sure to carve out some time to give this a listen.


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turd [at] tfmetalsreport [dot] com ()


ricardofunk · Oct 17, 2018 - 9:40am

Good stuff!

Blackwatersailor · Oct 17, 2018 - 9:51am


So a another country has dumped the dollar for the Euro and done it publicly.

And then we see this.


Things that make your day a little more interesting.

petedivine · Oct 17, 2018 - 10:44am

Something is wrong with this picture. Saudi Arabia murders one of their journalists within their consulate and it is recorded by foreign intelligent agencies and released to the world press where it is rightly condemned as atrocious. Let's try to take in the bigger picture. https://www.zerohedge.com/news/2018-10-17/they-cut-him-while-he-was-still-alive-grisly-details-saudi-journalists-killing

1. Part of Saudi Armco was put up for sale. Several foreign state sponsored investment vehicles sniffed around but ultimately decided to pass. That's a major red flag.

2. Saudi Arabian Prince Bandar shakes down the Saudi elite families for $Billions of Dollars. Many of the heads of these wealthy families were reportedly tortured before ransom demands were met. That's a major red flag.

3. Saudi Arabia tries to isolate Qatar and fails. All bluster and no juice.

4. Saudi Arabia supports ISIS in Syria. Fails to bring down Syria. Billions spent and Billions lost with nothing to show for it.

5. Saudi Arabia initiates a genocide in Yemen. Supported by U.S. and NATO. This is a terrible genocide and of the same magnitude as WWII Jewish concentration camps and Pol Pot Cambodian death camps. The world ignores it. Red Flag.

6. Now the Saudi murder of a Saudi journalist in a room within their consulate that was bugged by foreign counterintelligence agencies who reportedly release the audio to several global media outlets. Red flag. This is a psyop. Question is for what?

7. I just saw this reported by the NYT. Saudi threatens to retaliate against sanctions by reducing oil output.


9. U.S. imports of Saudi oil have been continuously declining

When I look at parts of the puzzle. I see a few things. 

1. The reported murder of a Saudi journalist gives Saudi Arabia an excuse to reduce its oil output without admitting it's running out of oil. A failed Saudi Arabia could set off an all out scramble for natural resources and a panic among the masses.

2. Renewed sanctions by NATO on Iran start Nov-05. By reducing Saudi and Iranian oil output, we will soon see oil go over $100 a barrel again. Note that Nigerian oil output has been impacted by a major pipeline explosion. Note that in 2014 oil was at $112 a barrel. When Iranian sanctions were lifted oil fell to $52 within a few months. My point is that with sanctions against the oil majors (Russia, Venezuela, Iran and reduced output from Nigeria and Saudi Arabia) expect much higher oil prices or maybe the economy implodes and oil demand implodes.

3. The U.S. entered a depression in 2008 from which it never recovered. Energy is the life blood of the economy and we are consuming less and less. Its the best indicator of the state of the economy. IMO Shale is temporary and destroys the habitat where shale exploration is allowed to occur. Its like defecating in your swimming pool. You wouldn't do it unless you had no other choice.

4. Every nation for itself. I see Germany ignoring U.S. sanctions with Russia and moving forward with Nord-stream 2. I see India circumventing U.S. sanctions with Iran. I see the E.U. discussing alternatives to swift Dollar trade. U.K. moving away from the E.U. China is flipping the U.S. the bird.

5. Europe has been invaded by Africans and Middle Eastern war refugees and economic refugees who have no intention of assimilating, but rather conquering by procreation. Conflict is brewing throughout Europe and fracturing the foundations of the E.U.

 * What to expect: As oil prices rocket up we may see a couple of things.

- Nations will flock to the Dollar (safe haven trade) The Dollar should get stronger for a while. The U.S. should be able to sell its debt for another year.

- Third world economies will falter badly. Watch Mexico and Canada. Their debts are mostly Dollar denominated and they're huge trading partners wih the U.S. Their currencies are declining at a rapid rate vs. the Dollar making their debts grow enormously.

- Economic slow down will turn into a crises. You need to asses what that would means for your circumstances.

- I expect food prices to rise with gasoline prices.

- I expect the housing market to turn over

- I expect Europe to fall into chaos as hard choices are made

- Expect another banking crises as debts are defaulted upon

- There will be government reactions to the upcoming malaise. Maybe marshal law.

Angry Chef · Oct 17, 2018 - 11:37am

B&C summed up what I've said for a long time. America doesn't have a Foreign Policy. It's just a bunch of Neo-Con, Israeli Firsters, Banksters running amok with the support of various factions of US and Foreign Intelligence Agencies. We are so screwed....

cashonly Angry Chef · Oct 22, 2018 - 7:42am

The way I interpret it is that the banksters/IF'ers have a common benefit in an unbacked dollar produced at no cost.  The banksters make money from nothing to lend out and profit handsomely while the IF'ers get brand new military equipment labeled "surplus" at cut rate pricing as well as cash directly (foreign aid).  The Neo-cons are the paid enforcement arm to ensure this system stays intact by delivering the threats and kinetic actions as well as executing parts of the Oded Yinon plan.

What is going on with this truck?: https://infostormer.com/jewish-truck-seen-aiding-migrant-caravan-invaders/ 

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Key Economic Events Week of 11/12

11/14 8:30 ET Consumer Price Index
11/15 8:30 ET Retail Sales
11/15 8:30 ET Philly Fed
11/15 8:30 ET Empire State Fed
11/15 10:00 ET Business Inventories
11/16 9:15 ET Industrial Prod and Cap Utilization

Key Economic Events week of 11/5

11/5 9:45 ET PMI Services
11/5 10:00 ET ISM Services
11/6 US Mid-term Election Day
11/8 2:00 ET FOMC Fedlines
11/9 8:30 ET Producer Price Index
11/9 10:00 ET Wholesale Inventories

Key Economic Events week of 10/29

10/31 8:15 ET ADP employment
10/31 8:30 ET Employment Cost Index
11/1 8:30 ET Productivity
11/1 10:00 ET ISM Manu Index
11/2 8:30 ET BLSBS
11/2 8:30 ET Balance of Trade
11/2 10:00 ET Factory Orders

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