Welcome to the updated TF Metals Report! We hope you enjoy the new experience.

We've changed payment processors, so any existing renewals will need to be re-subscribed after expiration. You will receive an email when this happens. If you have any questions, send a message through the Contact page.

The Latest Batchelor-Cohen Ukraine Discussion

85

I was able to listen to this broadcast live earlier Tuesday evening. The information discussed is so important and immediately relevant that I thought I should repost it here as soon as possible.

You must understand several things:

  1. The Ukraine "National Guard" that is ravaging the Donbass region is NOT the Ukraine Army. Instead, it is made up of 7 or 8 militias over which the central government in Kiev has limited control.
  2. The "humanitarian convoy" that left Moscow yesterday did so with great fanfare, including the blessing of a Russian Orthodox bishop. Obviously, the Russians think that getting this convoy into Eastern Ukraine is very important.
  3. This convoy is due to arrive at the Ukraine border sometime late Thursday or early Friday.
  4. How the Ukraine militias act and react with this convoy is the great unknown and the situation is ripe for disaster.
  5. Putin and most of the leaders of the state Duma will travel to Crimea on Thursday and, while there, Putin plans to give a major speech. Professor Cohen reports that several of his contacts in Russia think this speech is a prelude to invasion.

All of this is coming to a head over the next 48-72 hours. It is extraordinarily important that you are paying attention to this crisis and you should absolutely make time to listen to this entire podcast.

Again, more on Professor Stephen F. Cohen can be found here: https://en.wikipedia.org/wiki/Stephen_F._Cohen

And The John Batchelor Show airs nightly on American radio. You can find more information here: https://johnbatchelorshow.com/

TF

  85 Comments

Urban Roman · Aug 13, 2014 - 10:17am

.. is Azerbaijian / Armenia .. looks like some 'advisors' are over there giving 'advice' about now.

https://www.theguardian.com/world/2014/aug/04/nagorno-karabakh-clashes-a...

https://www.huffingtonpost.com/christopher-atamian/as-conflict-escalates...

It may or may not rise to the level of 'news' but bears watching.

· Aug 13, 2014 - 10:20am

You've probably had this tumbling around in your head to some extent. Therefore, I post this as a public service:

· Aug 13, 2014 - 10:24am

One more for good measure:

Urban Roman · Aug 13, 2014 - 10:27am

And SilverSooner et al have been watching that one pretty closely the past few weeks, too:

https://www.tfmetalsreport.com/forum/5807/ukrainian-civil-war?page=9

· Aug 13, 2014 - 10:35am

"Looks like we got us a CON-VOY" Loved that song. Made dad play it over and over again on the 8-track when I was a kid.

10-4, Rubber Ducky!

I posted this on Monday's podcast thread: It's a clip of the Russian Humanitarian convoy engaging Ukrainian government forces:

Convoy 1978 - My favourite scene
jeff ivars · Aug 13, 2014 - 10:42am

Your 2015 timeline makes sense. I anticipate a crashing of the US system in part after the November 2014 congressional elections. Politically, it has to happen then to perpetuate the theater. Politicians do not try to get elected to improve the economy, however, the economy is manipulated in order to influence elections.

I base my premise on the timing of the 2007 market crash. This was orchestrated to elicit disgust with the republican party and to usher in Obama. This was most obvious when McCain quit campaigning because he thought he should go back to Congress to help "fix it", whereas Obama was entirely unconcerned, and stated that "they'll (Congress) call me if they need me". It was evident right then that Obama knew something that McCain did not know. A market that could be crashed for a political purpose could also be fixed for a political purpose.

So 7 years later we are here with market at new highs and everything is just glorious due to Obama's steady hand (I think I just threw up in my mouth a little bit). However, the kicker is that despite the stock market performance, polls show that republicans are set for some major gains in November.

With a swing back to republican control of Congress, what is the best way to ensure election of a democrat President in 2016? Orchestrate another market collapse! But this has to be done AFTER the Congressional election.

The media narrative for the 2007 crash was "Bush economic policies suck". The narrative for the next market crash will be "Wall Street fears economic policies of the new republican Congress". Crashing the market will "prove" how dangerous and reckless republican policies are. Everyone will want out of the market. As predictable as the tides.

Another added benefit of an equities crash is the opportunity to show how stable treasuries are. Remember that in the most recent SOTU address Obama mentioned the new MyRA plan. A tanking equities market and a stable and modestly increasing treasury market will "prove" that Obama's economic policies are friggin' genius. Why would anyone want to vote for anyone other than a democrat president?

Commodities are the wild card. Gold, silver, copper, and crude have all been consolidating since 2011. Which way they break is more dependent on international, rather than domestic political agendas.

Strongsidejedi · Aug 13, 2014 - 10:46am

The Tech Team informed me yesterday that the issue was not with TFMR, it was at our server company, instead.

This was not a DDOS or some other attack and, hopefully, it has now been fixed.

Strongsidejedi jeff · Aug 13, 2014 - 11:01am

@erewenguy 

Your comments reflect my views as well.

When John McCain made that major speech to "suspend" his campaign, it was obvious that he was throwing in the towel. I am convinced that the GOP did not want to be in the Presidency at that time. It's almost as if the GOP became the political lapdog of the DEMs. For all of the rants of the "conservatives", there was no fight in them against Obama in 2008 or 2012.

The country is really getting restless. There is a big indicator of the President's palatability. In his homestate of Hawaii, Governor Neil Abercrombie was a Obama supporter. Well, Gov. Abercrombie was just defeated in his political primary against a little known politician. Abercrombie threw big money at the TV channels. He had big union money backing him. But, the teachers union in Hawaii went against Abercrombie. When Lingle was in elected, she had the backing of the teacher's union. When she lost, it was because she lost the support of the teachers union also.

But, there's another story here besides the union's strength. The Obama WH was backing Abercrombie. When Senator Daniel Inouye died about a year ago, Gov Abercrombie was called by the dying Inouye. Senator Inouye requested that he appoint Congresswoman Colleen Hanabusa as his replacement. Hanabusa had been in Congress for decades. The problem was that Gov. Abercrombie had supported Obama in 2008 and 2012. Inouye and Hanabusa had supported Clinton in the 2008 primary season. The next day, Senator Inouye was dead and Gov. Abercrombie appointed a Democratic Party chief operative named Schatz as the Senator from Hawaii. Schatz was connected to Chicago and the Obama team. He did not support Clinton.

Schatz had to run for the Senate seat in the primary election also. In fact, he is locked in a vote that is too close to call between himself and Hanabusa. During the election, the state of Hawaii did not allow part of the Big Island of Hawaii to vote (claiming safety and problems with the voting process). Now, those people are voting by mail in ballot.

The voters in Hawaii just tossed Abercrombie out. They're making a clear statement about Schatz also. There is certainly no overwhelming support. In fact, Obama's credibility appears about as low as G W Bush was in his second term.

smcpvalu · Aug 13, 2014 - 11:41am

When I was a kid we used to call that Acid Country. My fave song.

C G · Aug 13, 2014 - 11:43am

I found this waiting for me when I logged into my online bank facility. This could be a sign of something about to happen -- or not. I leave it for you to decide. REMEMBER though:

The so-called 'SILVER FIX' has its very last outing tomorrow, 14 August 2014. That means there is one trading day afterwards, ostensibly 'covered' by the CME/Reuters-Thompson electronic 'FIX' before the close until Sunday night opening at 23.00 hrs PM UTC+1 on 17 August 2014. So, Lloyds Bank plc are shutting down ALL ATM activity (not just their own machines) from 01.30-07.00 AM on MONDAY 18 August 2014.

Is this an omen or perhaps a preparation (on their part) of something quite awful and ominous - a losing of control of the gold and silver markets as mayhem ensues because of a lack of a 'FIX'? Oh, hell, let's throw them a fig-leaf and call it a 'benchmark price'! Do not be surprised, if this is the case, that gold and silver open on Sunday-Monday much, much higher!

If it is as innocent as it seems SUPERFICIALLY, then silver will still be stuck sub-$20.00. If so, then someone tell me why they are hammering not only silver but BITCOIN as well?!?

It would help if you could let TF know if you come across similar notices from other banks - UK or otherwise.

As always, you decide what it all means.

ENDS

Notice from Lloyds Bank plc

Important Information - Cash Withdrawals 13 Aug 14

We are undertaking essential maintenance to our systems, which will mean you will be unable to use your Lloyds Bank debit or Cashpoint cards at any ATM (UK or abroad) between 1:30am and approximately 7am on the morning of Sunday 17th August. In addition, all Lloyds Bank ATMs will be unavailable for use during this period.

Other services will continue as usual:

  • Internet and telephone banking will be unaffected.
  • Your debit cards will continue to work for online and over the counter purchases.
  • Credit cards will be unaffected and work as normal.

We apologise for any inconvenience and thank you for your patience.

Jeremy Fry · Aug 13, 2014 - 11:55am

Silver down more than gold. Could be the usual cartel strategy of hitting price just before PM positive news - aka Ukraine convoy.

Luke smcpvalu · Aug 13, 2014 - 11:56am

Yep, one of my all time favorites too. I've had it on my to-do list for posting to my YouTube channel (alertami) for quite a while now and hope to get it done this fall. I'm especially drawn to the possibilities for singing harmonies on it, have heard some great variations through the years.

· Aug 13, 2014 - 11:59am

Strongsidejedi · Aug 13, 2014 - 12:03pm

:) LOL

· Aug 13, 2014 - 12:05pm

Just more evidence of direct crude oil market intervention by US and "allies". Note the huge selling spike that has appeared at the same time for each of the last four days.

ivars · Aug 13, 2014 - 12:11pm
Quote:
JR: There is almost no possibility that either the Russian rouble or the Chinese yuan can be a global reserve currency in the next ten years. This is because both Russia and China lack a good rule or law and a well-developed liquid bond market. Both things are required for reserve currency status.

( Dismiss the rouble except if it becomes pegged to yuan) .

Well what is Xi doing since coming into office in 2012:

Quote:

BEIJING, Nov. 15 (Xinhua) -- China will open up the banking sector wider, on condition of strengthened regulation, by allowing qualified private capital to set up small- and medium-sized banks, the Communist Party of China (CPC) said in a landmark policy document released on Friday.

The lengthy policy document -- officially named "a decision on major issues concerning comprehensive and far-reaching reforms" -- was approved by the Third Plenary Session of the 18th CPC Central Committee, a four-day key meeting which ended on Nov. 12.

On the rule of law-after bringing down former China security boss in July of this year:

https://english.peopledaily.com.cn/n/2014/0731/c90785-8763003.html

Quote:

BEIJING, July 30 2014-- The Communist Party of China (CPC) has confirmed that October's congress would discuss advancing the rule of law.

In a short statement the Political Bureau of the CPC Central Committee said it will discuss"governing the country according to law" on every front, during its fourth plenary session.

China first incorporated the rule of law into its Constitution in the 1990s. The phrase"exercises the rule of law, building a socialist country governed according to law" was added to the Constitution in 1999.

The concept is now an important Party mission and crucial to the current reform campaign as it enters the "deep-water zone" where - according to President Xi Jinping himself -problems that remain are all difficult ones. This is the first time a plenary session of the CPC Central Committee has taken the rule of law as its central theme.

"Stressing the rule of law reflects the CPC's new understanding and a dramatically changing legal environment," Zhao Bingzhi, head of the Law School at Beijing Normal University, told Xinhua in an earlier interview.

So China are moving fast to close the gaps Rickards mentions - to become a reserve currency. 

As for bond market I have to look but at first instant, as long as country has Trillions in USA bonds and currency, would not these work as bridge prior to Chinese moving into required deep reserve currency debt and thus bond market ? A reserve currency does not start with government debt, it starts with ample credit to others from accumulated capital, as USD started. Debt comes later when world need for Yuans will surpass yuan influence sphere economies ability to generate capital. 

The fine balance and interdependence between Chinese foreign reserves, export direction and USD ( EUR as derivative) exactly means smooth transfer and balanced approach; no one needs monetary disruptions; Not China nor USA. Only work to do is to line up debtors who will switch to Yuan , line up by all available means. Which is ongoing, with Russia the big debtor for a kick start, Africa as well. 

So i figure China is rapidly , consistently moving in the direction of paper reserve currency, performing the steps Rickard's prescribes and Roths have prescribed them long ago and Rocks ( USA) is busy creating debtors for yuans - e.g. by pushing Russia away from USD capital markets. 

There is no much time so things are accelerating..at the same time they have been carefully planned to accelerate now. 

Latest Yuan will become recognized reserve currency is 2017. 

jeff · Aug 13, 2014 - 12:19pm

Pulled the trigger.

Try and break my heart market. You can't really hurt me. It all just clinks when I set it down.

Right here, it looks like they have to let gold and silver go, or annihilate them to new lower level.

Are we in August 2010 or April 2013?

We should know in a few days.

jeff · Aug 13, 2014 - 12:29pm

I can't say with any certainty what silver will look like in a few days, but it sure is coming back into the buy zone.

I have to use SLV as my charting proxy, so it may vary slightly from silver itself.

I've been expecting silver to get pushed back due to its recent golden cross, the first time the 50MA crossed up over the 200 MA since the 2011 massacre. Can't let the technical indicators point to the upside yet.

Also, ignoring the main 2011 peak, there is a line of resistance touching (approx) 8-26-11 and 11-30-12. We've been getting closer to this trend resistance for some time, and really need to break it. Just touching it will only serve to reinforce the downtrend. A nice push down in price here will give ample short covering fuel to break it once and for all.

unwired · Aug 13, 2014 - 12:45pm

The relentless...blantant.... in your face price management is just surreal.... across all 'markets'.

We are in a Financial Matrix dreamworld.

lakedweller2 · Aug 13, 2014 - 1:23pm

Don't forget that we have only one party...the Oligarchy Party. Don't get mucked up into the smokescreens, false flags, flips, spins and diversions. Follow the money not the rhetoric.

Mickey Silverstone · Aug 13, 2014 - 1:39pm

he could have also addressed the bs birth death model-if companies are not being formed, then the assumption that when companies close new ones are created does not necessarily hold water.

SamSchlepps · Aug 13, 2014 - 2:16pm

Suppose we go 1 level deeper into the conspiracy warren, since we know everything is a bit manipulated and made up.

Gold - What if the perfectly refined bars supposedly received were meant to make delivery against some perfectly timed and priced longs meant to move price around. As the song goes... nothing from nothing leaves nothing...

No default, cleansing of the books, wipe-out any evidence of manipulation and reconcile all illegal accounts and trades, just before we sell it off or hand it over to say the other side of the world.

Silver - we're keeping that one so the shorts can go on for a bit, but we've being stackin' here at JPM in case.

We gain a silver fix locally and in time (short), the pricing for gold moves to the East.

In response to the SIM comments and the old adage - never waste a crisis - lets make Russia/Germany the bad guys for taking down / messing with the fix that really wasn't.

"...you mean somebody to take the blame for all the shit that 's about to happen - yup just smear Hitler and Nazis around to make it sound worse..."

And even deeper, we let everyone think this is it - to the moon Alice, then beat them back just as quick to meet AM timeframes, and then its all anchors away

A quote from an article - ...Bankers are only afraid of inflation when they don't have all the assets...

One more sweep or grab, and they may be there. Derivatives to take care of what's left or making sure assets "fall" into the right hands.

J P · Aug 13, 2014 - 2:31pm

We will see....

"We are approaching another "I told you so" moment on the Road to Roota.

Word is that just two days away from the end of the "Silver Fix" and the implementation of the new "London Silver Price" there are still no major participants and no information on how the new system works.

Participants in the New Silver Fix"Unclear" Three Days Before it Goes Live

https://www.mining.com/participants-in-new-silver-fix-unclear-three-days-before-it-goes-live-26418/

"With only three trading days left until the new electronic, auction-based and auditable substitute for the 117-year old silver fix goes live there is still no certainty over who will take part on Friday."

"According to FT, the first users of the new price setting process should be the 11 market-making members of the London Bullion Market Association, which include Credit Suisse, JPMorgan, Goldman Sachs and UBS."

"None of them, however, has publicly stepped forward to say they will be involved in the Chicago Mercantile Exchange/Thomson Reuters-run price setting method."

 

END

Yes - of course! The plan all along was to destroy the pricing mechanism for silver! Not that there was a real one anyways. 3 old guys sitting in a room and deciding where they want to "place" the price each day in London was hardly a true market for silver.

There is no physical silver market. There never has been...so how can these new "London Silver Price" fixers even fake that there is any legitimacy at all in the pricing of silver? Oh, they will try but they will fail miserably (HINT: after claiming it's a huge success in the first few weeks! :)

The TRUTH lies in a much more sinister operation yet completely obvious...

The end of the silver derivative market and the claims of "Force Majeure" by the Silver Shorts due to the chaos caused by the switch over to the new benchmark.

DUH!

More in this weeks Road Trip where I will spell out the expected fallout.

Buckle up for insanity!!

Bix Weir

www.RoadtoRoota.com

 

 

*Feel free to post this article all around the internet to make people aware of what is going on:

 

 

Silver Derivative Shorts Prepare for "Force Majeure" Claims

https://www.roadtoroota.com/public/1426.cfm

 

 

Nick Elway · Aug 13, 2014 - 3:18pm

Apologies if this is old, it was new to me.

https://www.perpetualassets.com/news/2014/08/11/china-delaying-full-rmb-...

Quote:
Jim:
some believe that if this drags on another couple years there is a risk that the fascist bankers will prevail because BRICS will lose its appeal, and direct implementation of alternatives will be far too difficult.
the Jackass disagrees
the longer they wait, the more widespread the non-USD trade settlement and banking reserves will occur
thus the more damage from USFed QE as well as BOE QE and EuroCB QE, the damage to their economies
the forced agent is the implosion of banking system from rapidly accelerating economic decay, alongside severely ramped up QE volume with corresponding capital damage
the key is capital destruction, since it acts as fuse to the existing system, forcing the bankers to vastly increase QE volume, thus creating a monetary black hole
Putin will wait for Ukraine and parts of Europe to collapse, the line of fire being banks
key is Germany, which internally has begun to duke it out

The Voice:
..the Chinese are going to wait for the collapse of the US$.
why rush things if all is coming to you by default

· Aug 13, 2014 - 3:29pm

This is Putin TODAY in Sevastopol, Crimea, Russian Federation. Watch to the end and check his lapel. https://t.co/SbgxdRnU9O

CPE · Aug 13, 2014 - 3:33pm

pardon my ignorance, but what does that lapel ribbon represent?

J · Aug 13, 2014 - 3:34pm

WOW! Putin the rock star! What is the lapel ribbon?

· Aug 13, 2014 - 3:37pm

It is the symbol of the Novorussian resistance. It's the same ribbon the militia wears. First time that the Russian President has made any such "statement" of support. Huge, huge symbolic action.

Markedtofuture · Aug 13, 2014 - 4:08pm

Bix Weir



We are approaching another "I told you so" moment on the Road to Roota.

Word is that just two days away from the end of the "Silver Fix" and the implementation of the new "London Silver Price" there are still no major participants and no information on how the new system works.

Participants in the New Silver Fix"Unclear" Three Days Before it Goes Live
https://www.mining.com/participants-in-new-silver-fix-unclear-three-days-before-it-goes-live-26418/

"With only three trading days left until the new electronic, auction-based and auditable substitute for the 117-year old silver fix goes live there is still no certainty over who will take part on Friday."

"According to FT, the first users of the new price setting process should be the 11 market-making members of the London Bullion Market Association, which include Credit Suisse, JPMorgan, Goldman Sachs and UBS."

"None of them, however, has publicly stepped forward to say they will be involved in the Chicago Mercantile Exchange/Thomson Reuters-run price setting method."

END

Yes - of course! The plan all along was to destroy the pricing mechanism for silver! Not that there was a real one anyways. 3 old guys sitting in a room and deciding where they want to "place" the price each day in London was hardly a true market for silver.

There is no physical silver market. There never has been...so how can these new "London Silver Price" fixers even fake that there is any legitimacy at all in the pricing of silver? Oh, they will try but they will fail miserably (HINT: after claiming it's a huge success in the first few weeks! :)

The TRUTH lies in a much more sinister operation yet completely obvious... 

The end of the silver derivative market and the claims of "Force Majeure" by the Silver Shorts due to the chaos caused by the switch over to the new benchmark.

DUH!

More in this weeks Road Trip where I will spell out the expected fallout.

Buckle up for insanity!!

Bix Weir
www.RoadtoRoota.com

Notice: If you do not see your new comment immediately, do not be alarmed. We are currently refreshing new comments approximately every 2 minutes to better manage performance while working on other issues. Thank you for your patience.

Become a gold member and subscribe to Turd's Vault

Contribute

Donate  Shop

Get Your Subscriber Benefits

Exclusive discount for silver purchases, and a private iTunes feed for TF Metals Report podcasts!

The TFMR Silver Round

Key Economic Events week of 6/11:
6/12 Trump-Kim summit
6/12 8:30 ET CPI
6/13 8:30 ET PPI
6/13 2:00 ET June Fedlines
6/13 2:30 ET CGP presser
6/14 8:00 ET Count Draghi presser
6/14 8:30 ET Retail Sales
6/14 10:00 ET Busi.Inv.
6/15 9:15 ET Ind. Prod

Key Economic Events week of 6/4:
6/4 10:00 ET Factory Orders
6/5 9:45 ET PMI Svcs
6/5 10:00 ET ISM Svcs
6/6 8:30 ET Intl Trade and Productivity
6/8 10:00 ET Wholesale Trade

Key Economic Events week of 5/28:
5/30 8:30 ET Q2 GDP 2nd guess
5/31 8:30 ET Personal Income
5/31 9:45 ET Chicago PMI
5/31 10:00 ET Pending Home Sales
6/1 8:30 ET BLSBS
6/1 9:45 ET PMI Manu Index
6/1 10:00 ET ISM Manu Index
6/1 10:00 ET Const Spend

Key Economic Events week of 5/21:
5/22 10:00 ET Richmond Fed
5/23 9:45 ET PMI Composite
5/23 10:00 ET New Home Sales
5/23 2:00 ET May FOMC minutes
5/24 10:00 ET Existing Home Sales
5/25 8:30 ET Durable Goods
5/25 9:20 ET Chief Goon Powell speech

Key Economic Events week of 5/14:
5/15 8:30 ET Retail Sales and Empire State Fed
5/15 10:00 ET Business Inv.
5/16 8:30 ET Housing Starts
5/16 9:15 ET Industrial Production
5/17 8:30 ET Philly Fed

Key Economic Events week of 5/7:
5/9 8:30 ET PPI
5/9 10:00 ET Wholesale Trade
5/10 8:30 ET CPI
5/11 8:30 ET Import/Export Prices

Key Economic Events week of 4/30:
4/30 9:45 ET Chicago PMI
4/30 10:00 ET Pend Home Sales
5/1 9:45 ET PMI and ISM Mau Idx.
5/1 10:00 ET Const. Spending
5/2 2:00 ET FOMC fedlines
5/3 9:45 ET PMI/ISM Svcs.
5/3 10:00 ET Factory Orders
5/4 8:30 ET BLSBS

Key Economic Events week of 4/16:
4/16 8:30 ET Retail Sales, One Fed Goon speech
4/16 10:00 ET Business Invt.
4/17 9:15 ET Industrial Prod., Four Goon speeches
4/18 Two Goon speeches
4/19 8:30 ET Philly Fed, One Goon speech
4/20 Two Goon speeches

Key Economic Events week of 4/9:
4/10 8:30 ET PPI
4/10 10:00 ET Wholesale Trade
4/11 8:30 ET CPI
4/11 2:00 ET March FOMC minutes
4/12 8:30 ET Imp/Exp Prices
4/13 Fed Goon Speeches...Rosengren 7:30 ET, Bullard 9:00 ET, Kaplan 1:00 ET

Key Economic Events week of 4/2:
4/2 9:45 ET PMI Mfg Idx
4/2 10:00 ET ISM Mfg Idx and Construction Spending
4/4 9:45 ET PMI Svcs Idx
4/4 10:00 ET ISM Svcs Idx and Factory Orders
4/5 8:30 ET Intl Trade
4/6 8:30 ET BLSBS

Recent Comments

randomness