Another JB-SFC


I'm posting this without listening first but I'm confident, based upon the quality of the past several months of discussions, that this week's John Batchelor Show is again well worth your time.

Once again this is a recording, made last evening, of John Batchelor and Professor Stephen F. Cohen. This issue is The Ukrainian Conflict/Crisis.

More on John Batchelor can be found here:

More on Professor Cohen can be found here:

Listen, learn and enjoy,



Jul 16, 2014 - 3:56pm


Yea its always a good listen

Jul 16, 2014 - 4:04pm

Barack Obama (and his peeps) is smarter than U . . .

Oh, my! Another destroyed hard drive connected to the IRS scandal, this time Ms. April Sands an attorney for the FEC (Federal Election Commission):

"I just don't understand how anyone but straight white men can vote Republican. What kind of delusional rhetorical [sic] does one use?" Sands, who is black, wrote in a tweet on June 4, 2012.

A tweet by Sands on May 1, 2012, said, "Dear every single Republican ever, When will U learn that Barack Hussein Obama is simply smarter than U? Stand down, Signed #Obama2012 #p2."

Urban Roman
Jul 16, 2014 - 5:10pm

Is Silver Sooner on vacation?

Haven't seen him around lately ...

El Gordo
Jul 16, 2014 - 5:30pm

Since Turd can do it,

so can I, so I'll post in the top 10 before I listen. 

sierra skier
Jul 16, 2014 - 6:05pm

Yes, another John Batcholder

Time for a listen.

I'll take the 5th

Jul 16, 2014 - 6:24pm

Is it me . . . ???

or have things really slowed down - even on this side of the paywall? Two + hours and still top ten.

I think still being range bound after all this time has many disheartened/frustrated. I'm happy to stack when I can - was at an auction over the weekend and there were a few silver pieces and waited hours before the auctioneer got to them - I was positive that I would be outbid as many seemed to have a keen eye for the coins - but come to bid time I was almost the only bidder and was able to snap about an ounce and a half for 80% of spot.

I know for sure once the prices start to go up and stay up the sentiment will be "Why didn't I stack more when I had the chance?" Well, now is your time.

Now to the podcast - interesting how quickly some news slides off the radar . . . .

Jul 16, 2014 - 6:53pm

Things are getting more bizarro...

by the minute!...

Don't say I didn't warn you!!!...


Bag Of Gold

Jul 16, 2014 - 7:01pm


expresses his amazement that the US media will not (with minor exceptions) send any reporters to the separatist cities. Yet, I don't recall hearing any reporting from Belgrade or Serbia when they were being bombed by Clinton. I think the US media is very selective as to where they send reporters -- never anywhere they might embarrass a Democrat (at least since Vietnam).

Bongo Jim
Jul 16, 2014 - 7:02pm

3 hours up

And still top ten?

Spartacus Rex
Jul 16, 2014 - 7:09pm

Another Great Day For Stacking!

Life IS Great!

Cheers, S. Rex

Jul 16, 2014 - 7:13pm

World Bank to Be Hit by Austria’s Hypo Alpe Bond Wipeout

The World Bank is set to join a German money market fund and Austrian life insurers in facing losses as Austria prepares to write down the value of Hypo Alpe-Adria-Bank International AG’s junior debt.

The lender, whose goals are to fight poverty and help developing countries, is in talks with Austrian authorities about 150 million euros ($203 million) of Hypo Alpe junior bonds it holds, according to a World Bank spokesman, Derek Warren. The securities are part of 890 million euros in subordinated debt that will be wiped out once a law on Hypo Alpe’s wind-down, passed by Parliament’s lower house in Vienna last week, gets final approval.

The World Bank, based in Washington, has been in touch with the Austrian Finance Ministry about the Hypo Alpe law, asking whether its holding could be exempted, said Paul Trummer, a ministry spokesman. The government doesn’t see a legal option to do that, Trummer said.

Austria broke new ground with the law imposing losses on subordinated Hypo Alpe creditors as it’s effectively bypassing a guarantee by the state of Carinthia, the bank’s former owner. Finance Minister Michael Spindelegger proposed the move when he ruled out putting the nationalized lender into insolvency, sparing holders of the bank’s senior bonds. He pledged to seek contributions from “risk investors” instead, such as the junior creditors and former owners including Germany’s Bayerische Landesbank.

Jul 16, 2014 - 8:38pm

Gold Documentary...


Gold Fever

Gold is a symbol of wealth and power, but not for the people living in Guatemala's highlands. For them, gold means oppression, intimidation, pollution and murder since Goldcorp came to their land.

Spartacus Rex
Jul 16, 2014 - 9:00pm

LMAO! Comcast: We Don't Accept...

"No Thank You, Please Disconnect My Service"


Hat Tip to "Ryan Block" for keeping his cool, and RECORDING the Conversation! tiphatsmiley.gif


Jul 16, 2014 - 10:02pm

Voices in the wilderness

I am truly amazed and dismayed.

There is an abandoned railway near where I live. It has a gravel footpath beside it which is (was) used by hundreds per day; Joggers, Dog walkers, mountain bike types etc. 

CP rail, who tried to sell this prime real estate to the City of Vancouver have just put up some signs saying no trespassing - violators yada yada...

Now there is no fencing to whatever their boundary/property actually is, and I really do not think they a hoot.... but their is not one soul have I seen on the path for two days since the signs went up.

Seems everyone, with the one exception, have completely stopped doing what they have being doing for years; enjoying this open space within a busy city.

So as far as the revolution goes.... I can only hope that the elite do not get sneaky and use dastardly things like signs to control the sheeple.... or we are freakin doomed!

Jul 16, 2014 - 10:28pm

Ancient munney....

"gangster"....syndicate. Enough said.

Jul 16, 2014 - 10:40pm

ISIS anyone

ISIS provides worldwide security, intelligence, technology and training to government and private enterprises. ISIS is strategically positioned across the globe, with a highly credentialed management team and personnel. We have a superlative track record for delivering exceptional service and support to the most demanding of clients in the most challenging of circumstances.

Spartacus Rex
Jul 16, 2014 - 10:47pm
Spartacus Rex
Jul 16, 2014 - 10:55pm
Spartacus Rex
Jul 16, 2014 - 11:08pm
Jul 16, 2014 - 11:29pm


She said she stood up a little early...... G-20 meeting of Trade Ministers on 7/19 in Sydney, Australia. Wollongong airport

Jul 16, 2014 - 11:42pm

Harvey's Up! (TFMR)

Harvey's Up!

  • Mark O'Byrne: The sell off has led to increased demand for physical gold by buyers globally. In China, the world’s largest importer of gold, the sell off was greeted by Chinese buyers as local premiums edged up to just over $1 an ounce on the Shanghai Gold Exchange (SGE) from a small discount in the previous session. Gold imports into India surged in June where there was a 65% annual rise in gold bullion imports. Bullion is India's second-biggest import item after oil and was one of the principal factors in putting it on the brink of a full-scale balance of payments crisis last year. In a desperate bid to trim a gaping current account deficit, India last year increased import duties on gold and imposed a rule that required a fifth of all bullion imports be re-exported. Those measures had crimped official supply and pushed up premiums in the domestic market, sparking a huge rise in smuggling.
  • Harvey: Gold started off Tuesday night at $1297.00. It rose during the night and reached $1299.00 at 2 am (first London fix). Then right after the NYSE opened, gold rebounded northbound to hit its zenith for the day at around 9:40 pm at $1303.40. Then gold just meandered around the $1300.00 level closing at $1299.00. Silver rose a bit during the night, reaching $20.78 at London's first fixing. It hit it's low at around 8:20 am (Comex opening) at $20.60. It then rose immediately to $20.82, it highest point for the day. Silver also meandered around for the rest of the day. Today's big news came from Bron Suchecki, as he is quite alarmed at changes to the GLD regarding the procedures they use to handle unallocated gold. He expresses his concern about the reliability of unallocated gold submitted to the GLD. He wonders why the need to clarify now? What changes in the market place have happened to cause this clarification. Bron is deeply concerned.
  • Harvey on the News: Yesterday, Egypt brokered a ceasefire between Israel and the Palestinians but that was short lived as Hamas resumed their rocket fire. Today Israel resumed their bombing of Gaza. With respect to Portugal, the big investment arm of the Santo family filed for bankruptcy protection as it failed to pay Portugal Telecom. The Bank of America reported poor earnings today. Also the USA is preparing to unilaterally sanction Russia. Good luck to them!
  • Peter Baker (NYT): President Obama escalated sanctions against Russia on Wednesday by targeting a series of large banks and energy and defense firms in what officials described as the most punishing measures to date for Moscow’s intervention in Ukraine. While the latest moves do not cut off entire sectors of the Russian economy, as threatened in the past, the administration’s actions go significantly further than the financial and travel limits imposed so far on several dozen individuals and their businesses. The new measures will severely restrict access to American debt markets for the targeted companies.
  • Zero Hedge: These are heady days in South America in more ways than one. Atlanticist hegemony will remain part of the picture, of course, but it's the BRICS's strategy that is pointing the way further on down the road. And still the multipolar wheel keeps rolling along. The BRICS bank and the reserve pool as an alternative to the IMF and World Bank offer the possibility for dozens of other nations to escape the Argentine plight.
  • Tyler Durden: For the 3rd month in a row, Industrial Production missed expectations as hopes and dreams of follow through in Q2 remain dashed on the shores of hard data. IP rose 0.2% (missing the 0.3% expectation) and May's jump was downwardly revised to 0.5%. What is stunning is that Industrial Production has slowed its gains from the polar-vortex Q1 into a much more economically frigid Q2.Capacity Utilization also missed expectations. Perhaps most worrying is the manufacturing industry's mere 0.1% gain in June - the slowest increase since January.
  • Zero Hedge: Until now, the U.S. has insisted on hitting Russia with penalties in concert with Europe in order to maximize the impact, but, as Putin warned, those same economic ties have made Europe fearful that tougher penalties against Russia could boomerang and hurt their own economies. Obam has faced criticism over a lack of action, as Bob Corker blasted "sometimes I'm embarrassed for you, as you constantly talk about sanctions and yet, candidly, we never see them put in place," but the European 'concerns' are just as valid in America as Utilities in the U.S. are scrambling for coal, on pace to increase imports 26% this year.
  • Tyler Durden: In the past 2 years, Bank of America has incurred $20 billion in litigation charges. Its net income during this period: $11.9 billion. Now we hear Bank of America was said to offer $13 billion to settle mortgage securities probe:WSJ--Which means before the end of 2014, litigation charges for Bank of America since 2012 will rise to over $30 billion! And we thought JPMorgan was bad.

All this and more on...

The Harvey Report! surprise


Jul 17, 2014 - 7:40am

Kyiv says Russian jet shoots down Ukrainian plane

Kyiv on July 17 accused a Russian air force jet of shooting down a Ukrainian warplane over its territory Wednesday, ratcheting up tensions along the volatile border between the two ex-Soviet states. "A military plane from the air force of the Russian Federation carried out a rocket strike on a Ukrainian airforce SU-25 as it fulfilled its task over the territory of Ukraine," Ukraine's National Security and Defence Council said on Twitter. The pilot of the downed fighter jet managed to eject and was later evacuated by Ukrainian forces, the military said. The latest allegation from Kyiv comes after it said that a military transport plane downed Monday was "likely" hit by a missile fired from the Russian side of the porous border. A spokesman for the security council confirmed Thursday that two of the eight crew members on board died in the incident, while another four have been rescued and two were captured by pro-Russian rebels. Tensions along the frontier -- across which Ukraine says Russia is pouring fighters and weapons to fuel the separatist uprising -- are at boiling point, with Kyiv warning that Moscow has massed thousands of troops there in preparation for a possible invasion. The US and EU on Wednesday slapped tougher sanctions on Moscow in a bid to force the Kremlin into pressuring pro-Russian rebels into ending a three-month insurgency that has claimed more than 600 lives

Jul 17, 2014 - 11:36am


Reports of Malaysian passenger jet shot down over Ukraine. 295 passengers

And gold surges

Jul 17, 2014 - 5:56pm

Thanks, Turd...

...excellent reporting.

Jul 18, 2014 - 5:49pm

Friday commentary from Prof. Cohen

And if you're wondering what Professor Cohen thinks of yesterday's events, you can hear him by clicking the link below. He was on something call Democracy Now earlier today. His segment starts at the 50:00 mark and I strongly urge you to listen:

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Key Economic Events Week of 1/21

1/22 10:00 ET Existing Home Sales
1/24 9:45 ET Markit Manu and Svc PMI
1/24 10:00 ET Leading Econ Indicators
1/25 8:30 ET Durable Goods
1/25 10:00 ET New Home Sales

Key Economic Events Week of 1/14

1/15 8:30 am ET Producer Price Index
1/15 8:30 am ET Empire State Mfg. Index
1/16 8:30 am ET Retail Sales
1/16 8:30 am ET Import Price Index
1/17 8:30 am ET Housing Starts
1/17 8:30 am ET Philly Fed
1/18 9:15 am ET Capacity Utilization and Ind. Prod.

Key Economic Events Week of 1/7

1/7 10:00 ET ISM Services Index
1/7 10:00 ET Factory Orders
1/9 2:00 ET December FOMC minutes 
1/10 Speeches from CGP, Goons Bullard and Evans
1/11 8:30 ET CPI

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