The Missing Debate


Last week, I posted the podcast of John Batchelor with Stephen F. Cohen and it was unanimously well-received. As such, I thought it wise to post last night's follow-up interview as soon as it became publicly available today.

Just a refresher...John Batchelor hosts a syndicated radio program each evening. You can find affiliate information by visiting his site:

All this month, John has spent an hour each Tuesday with Professor Stephen F. Cohen, a renowned expert on Russian affairs.( In all of American media, this is the only ongoing debate that I've found that actually assesses the situation with intellectual honesty. Last night's segment was no different. The second half of the hour, where John and Stephen lambaste folks like Zbigniew Brzezinski for his foolhardy, disingenuous hawkishness, should be required listening for anyone claiming to be monitoring these current events.

Please make the time to listen to this entire clip.



Apr 30, 2014 - 2:54pm

By the way

If you missed last week, you can find it here:

Apr 30, 2014 - 2:55pm



Apr 30, 2014 - 2:56pm
Apr 30, 2014 - 3:01pm

3rd in the door

and the floor.This was an unexpected surprise.

Apr 30, 2014 - 3:12pm

Gold and silver do not care.

Gold and silver do not care. They will keep going down untill all of us are dead and our kids kids and our kids kids kids kids.. .this shit can go on for 100s of years.

Apr 30, 2014 - 3:15pm
Mr. Fix
Apr 30, 2014 - 3:21pm
Apr 30, 2014 - 3:24pm

Chin up

As a bra less girl in a cold wind, i'm seeing some perkiness out there.

Ok , that is a crude example but you get my (wind) drift.

Apr 30, 2014 - 3:37pm

Dow up. Gold down. Silver

Dow up. Gold down. Silver down. Qe down. Jpm up. Gs up. Everuthing is moving forward out there in the world...but in here is not. Look around. People are making huge money in stocks and gold and silver is an insurance that was a waste of money at $1900 . $1800. $1700. $1600. $1500. $1400. $1300. And who knows where it will take another dump.

Apr 30, 2014 - 3:43pm

The smallest violin

People are making huge money in stocks

Yes, and these same people will lose all their paper gains and then some.

By all means sell your shiny, and buy stocks. Join the party, it's not too late.


Surfista Plateado
Apr 30, 2014 - 4:05pm

Maybe related?

Goeresonance has obviously made the news lately but I find it interesting how many times this technology was used in the Ukraine in the past 14 years. Nearly 1/3 of all projects were in Ukraine.

Is anyone familiar with this tech? They make it look like finding minerals or anything else is way too easy for those with the $$$$.

Apr 30, 2014 - 4:19pm

This goofy bastard aka Gomer

has a voice incomparable to many others .

To fight the unbeatable foe.To right the unrightable wrong.

Turd , You really should take a minute to watch that vid and listen to the awe inspiring words.Could be the gold bug march. Incredible singer.

We will win this war!

Apr 30, 2014 - 4:25pm

Gomer / Jim Nabors ?

Hell. I thought he was dead. Must have been Gilligan that died.

Apr 30, 2014 - 4:44pm

And then there were 3. Stage being set.

metalsbya smile er mile believes $EURO, $USD and $Yuan.It is not what you know but who, is it not?

The post war consensus on financing bodies appears to be breaking down as the West clings desperately to the reins of the IMF and World Bank. In exasperation, the BRICS nations are pushing forward with alternative institutions.

As arbiter of sound government finance, the IMF was once much feared by profligate politicians. When IMF experts were parachuted in as frontline fiscal rescue, the world clearly recognized a major government economic policy failure. Britain famously reached this nadir in the 1970s, when state spending expansion reached a finite limit and Chancellor Healey was forced into a massive policy U-turn endorsing monetarism and fiscal discipline.

However, in recent years the IMF has become somewhat politicized, losing track of its original goals. Having been a hugely useful player alongside the European Bank for Reconstruction and Development (EBRD) in helping rebuild the New Europe post-Soviet collapse, the IMF of recent years has become a rather odd place: headed by a succession of politicians who seem to regard their role as being a prominent office to canvas for the French Presidency while administering economics-lite.

Nowadays, the IMF has become rather a haven of discredited Keynesian thinking, aka the endlessly meddling interventionist superstate policies beloved of declining Europe, and indeed Obama’s America. Typical of the leaderless zeitgeist overseeing relative economic decline, the political classes have become used to foisting a compromised European political figure into the top job at the IMF. What the IMF really needs are strong technocrats as opposed to the spineless politicians who generally operate with (at the very least!) one eye on their next political position.

Thus the IMF has gradually become less significant as it has manifestly failed to take the fiscal initiative in recent years. First the world’s leading champagne socialist Dominique Strauss-Kahn and latterly Christine Lagarde have remained beholden to the flawed policies of big debt and big government which suits the cowardly political mood for kicking economic realpolitik down the road.


Apr 30, 2014 - 4:45pm

There ya go

Hatter said US and EU wont have to, VIVA LE Resistance, and Brisinsky said that Uke will have to fight. Im glad he finally got there. Put the Banderas Gals on Point!! :) The come back is "Civil War", but only if Putin calls, which I dont think he will, with his pipelines under W.Uke control, ala saboteurs, VIVA Le Resistance, a kremlin nightmare waiting to happen.

Apr 30, 2014 - 4:49pm

Steven...never left the dow.

Steven...never left the dow. I just bought into the metals and waiting for the reset... p.s the metal story is Getting old and boring.

Apr 30, 2014 - 4:50pm

Steven...never left the dow.

Sorry .duplicate

Apr 30, 2014 - 5:06pm
Apr 30, 2014 - 5:40pm

Reverse repo's

Second highest ever at 208 billion, gotta make all that do do look good for the regulators at the end of the month. Hmmm since Dec of 2013 this shait has been getting bigger. If this continues it is a sign the whole mess is gonna finally blow. Just not today or in the next month. Watch for spikes getting ever higher, if you see'm start to get scared!

Don't forget to watch the 10 year as well. As for now the QEen Fellen is fully in charge and all is well..................til it isn't. Till then all you stackers brace yourselves for low/er prices. Today is not your day and you will continue to be wrong. Just remain calm and vigilant. Oh, since someone is snooping, I don't and wouldn't own any of that barbarous relic if you are taking notes. I just hope others have the guts to stack, keep stacking.

I Run Bartertown
Apr 30, 2014 - 5:50pm
Apr 30, 2014 - 6:01pm

Yep. Sheeple

Americans are an amazingly insouciant people. By now any other people would have burnt Wall Street to the ground. - Dr. Paul Craig Roberts

Apr 30, 2014 - 6:05pm

Silver last 46 years.

hi bill,
i think this chart should go in your midas tomorrow. this shows the 8 bear
markets of silver in the last 46 years. BLACK is the current one. history
shows it's about over. casey research did this surprisingly.

What a strange day. After silver closed in the crap can, gold popped a few dollars on its close to cut all its losses and is now UP on the day in Access Market trading …??? Could it just be that there are too many traders lining up on the short side ahead of the FOMC announcement. We shall find out shortly.

Mr. Fix
Apr 30, 2014 - 6:10pm

This is happening WAY to often; Something's fishy here!

Train Derails In Lynchburg, Massive Fire Erupts, "Flames Stories High"

Submitted by Tyler Durden on 04/30/2014 - 14:40

In what can only be explained as a massive oil pipeline derailment, because trains are obviously so much safer when transporting flammable commodities, moments ago another train derailed in Lynchburg, Virginia with numerous railcars falling in the river, and a massive fire erupting with flames that are "storeys high" according to ABC13. And moments ago it was also announced that the train belongs to CSX and the burning product is, expectedly, crude oil.

Apr 30, 2014 - 6:18pm

The price of a barbourous relic to date

OK someone with a bigger calculator help me on my calculations. Lets see due to the phone call via asst sec of state 5B, now the IMF (USSA mostly) loan of 17 B over the next 2 years. This is a total of 22B, not to mention flights of the clown, McShame and so on. The Ukraine in short order shipped just over 40 tons of the shiny relic. I used 40.2 tons just for fun. My math gives me a price of just over 19,000 us dollars per oz.

Why those stopid idiots, they could have just bought a comex contract and taken delivery for what just under 1300 us dollars per ounce. I am dumbfounded I tell ya, just dumbfounded. We are on the brink of Woar with the bear, for what? If my math is correct the idiots could have saved over 17,700 per ouch my using the comex and booked the arbitrage. lol

Surfista Plateado Mr. Fix
Apr 30, 2014 - 6:21pm

My thoughts exactly

There is no way these are just coincidence!

Edit: well that didn't work.

Response to: This is happening WAY to often; Something's fishy here!

Apr 30, 2014 - 6:25pm

somethings fishy

Mr. Fix, maybe it is our way of telling the EU we have to give the loan to the Ukraine since we now won't be able to squeeze no gas outta that oil for um say Germany. Hence all other participants of the IMF....pony up.

Sorry in advance, I am in a foul mood after the FOMC min. today. I can't take fantasy land today, its just utter nonsense.

silver66 Mr. Fix
Apr 30, 2014 - 6:25pm

Mr Fix, happening way to often

We had a meeting with a Toronto investment firm on Monday. They are renowned for the investment success in the resource, materials area. During their presentation to us a VP made a comment about oil infrastructure investments in pipelines. It was a off-hand comment but applicable to your post. He said" if the Lac-Megantic train derailment had happened in the US and 20 people got blown up by a de-railing train the Keystone pipeline would be a done deal"

It will be interesting to see over the coming days, if this tragedy works its way into the conversation about Keystone.I hope no one was killed and hopefully it is a bad coincidence about his comment and this accident.


Mr. Fix
Apr 30, 2014 - 6:26pm

No debate here......

Putin: 'US Behind Ukraine Crisis From The Beginning...Now Leading It'

Submitted by Tyler Durden on 04/30/2014 - 13:41

Having decided counter-sanctions are useless for now, reflecting on the uselessness of Western sanctions against his nation, Vladimir Putin warned, however, that if they continue he would "have to think about who is working in the key sectors of the Russian economy" - in other words, protectionism is coming. However, it is his ominous words regarding Washington's involvement in the crisis that appear to have fallen on deaf ears among the mainstream media... though will be no surprise to ZH readers "what is happening now shows us who really was mastering the process from the beginning. But in the beginning, the United States preferred to remain in the shadow." As Seregy Lavrov also added later in the day, the way the situation in Ukraine is reported in mainstream media indicates that "unfortunately, the information machine of our Western colleagues is working at full capacity."

Mr. Fix
Apr 30, 2014 - 6:39pm

pipelines and train derailments:

Silver 66,

I had not considered that the forces trying to build the pipeline would be interested in derailing transport trains, but now that you mention it, it makes sense.

I was actually thinking more along the lines of the Obama administration's energy policy, which seems to be geared towards wiping out every possible source of energy.

The puppet masters behind Obama are determined to leave America with no fuel whatsoever, except of course if you happen to want to build a Chinese solar battery farm.

There is no XL pipeline because it would be good for America. And an increasing amount of trains carrying crude oil are experiencing spectacularly fiery derailments, because if that train ever reached its destination it would be good for America.

I am still working off the basic premise that every single thing that happens that the current administration can possibly influence, has been carefully choreographed to have the worst possible outcome for the United States.

Of course, I'm probably just being cynical,

I never even considered that the Canadians might be responsible. (I still don't).

Apr 30, 2014 - 6:55pm

It is a remarkably sad commentary . . .

I am a Vietnam era veteran. I played "army" as a kid, and always wanted to be a good-guy American. Deep down, I was as patriotic as most, but did not wear it on my sleeve. After 9-11 came and went, and I had time to reflect, I soon came to realize that our government sold the American people down the river.

Even before that, after the movie "JFK" came out (Oliver Stone), I realized that there was a secret, shadow government that called some of the shots, at least. JFK was killed by the leaders of the Military-Industrial complex that Ike warned of.

People like the Bush family, Dick Cheney, and many, many more should be tried for treason and murder.

I now find myself trusting the word of the likes of Putin, the late Chavez, and even the president of Syria more than most any American politician, other than the retired Ron Paul. It truly has become a sad state of affairs. American politicians slyly walk and talk around the real issues that should be openly discussed.

The MSM has been silenced by big money, the TBTF bankers who own them and the governments of the western world. They are worse than useless. Rant off.

Become a gold member and subscribe to Turd's Vault


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 2/11

2/12 12:45 ET GCP speaks
2/13 8:30 ET CPI and three Goon speeches
2/14 8:30 ET Retail Sales (December)
2/14 8:30 ET PPI
2/15 8:30 ET Import Price Index
2/15 9:15 ET Cap. Util. & Ind. Prod.

Key Economic Events Week of 2/4

2/5 8:30 ET Trade Balance
2/5 9:45 ET Service PMIs
2/5 9:00 pm ET Trump SOTU
2/6 8:30 ET Productivity and Unit Labor Costs
2/6 7:00 pm ET CGP speech
2/7 9:30 ET Goon Clarida speech
2/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 1/28

1/29 10:00 ET Consumer Confidence
1/30 8:30 ET Q4 GDP first guess
1/30 2:00 ET FOMC fedlines
1/30 2:30 ET CGP presser
1/31 8:30 ET Personal Inc, Cons. Spending and Core Inflation
1/31 9:45 ET Chicago PMI
2/1 8:30 ET BLSBS
2/1 9:45 ET Markit Manu PMI
2/1 10:00 ET ISM Manu Index
2/1 10:00 ET Construction Spending

Recent Comments

by boomer sooner, 11 min 7 sec ago
by scoremore, 1 hour 15 min ago
by Turd Ferguson, 1 hour 32 min ago
by Turd Ferguson, 1 hour 41 min ago
by Turd Ferguson, 1 hour 44 min ago
by Turd Ferguson, 1 hour 51 min ago