Cold War Gets Hot

13

Sadly, it appears that the Minsk2 peace accords are failing and that SE Ukraine is once again moving toward hot war. As we've been stating here since early 2014, this is the most important international crisis of our time and certainly the most dangerous. It's time for you to start paying close attention again.

Frankly, there's so much information presented in this 38 minutes that it's difficult for me to summarize it into bullet points. Here's a background article published earlier today that gives you a feel for the current events on the ground. It's helpful, even though it is sourced from "Ukrainian reports" and clearly tilted in a pro-Kiev fashion: https://www.thedailybeast.com/articles/2015/08/12/ukraine-s-cold-war-get...

Of course, these weekly JBSFC discussions are NOT tilted in any fashion, which is why they are so extremely valuable for all of us wishing to find fair and balanced reporting on these extremely dangerous events. PLEASE take the time to listen to this podcast and PLEASE be sure to stay on top of this situation. There's so much talk out there about "September crises" and "major events this fall" and everyone is focused upon financial events as the possible root causes. Well, maybe or maybe not. We'll see. Events in Ukraine could once again start to spin out of control and, if they do, the ensuing crisis will be a lot more dangerous than derivative meltdowns and liquidity shortages.

TF

  13 Comments

Wingy
Aug 12, 2015 - 10:26am
Danforth Coxwell
Aug 12, 2015 - 10:55am

Seond?????

Nice to note that gold/silver continues to rise this am.

Sir Peter Latterman Fortenton
Aug 12, 2015 - 11:01am

Scheiss

scheiss/turd

ArtL
Aug 12, 2015 - 11:03am

4th

4

LostMind
Aug 12, 2015 - 11:20am

All in the name of National Pride!

When I was younger I would have done anything for my country. What I have learned since then, is that all the fighting has been for a corrupt government and not my country.

So many thoughts, just sickens me to see what "we" have done since WW2...

LostMind
Aug 12, 2015 - 11:35am

Not only that

The corrupt politicians who gave "the greatest generation" and their self-indulgent kids every free lunch social program imaginable has utterly bankrupted the USA for all future generations.

Auggie
Aug 12, 2015 - 12:10pm

Fair and Balanced?

Well not about half nearly. Without someone to balance Cohen, and call him out on some of the "facts" he proposes, these broadcasts are merely a waste of bandwidth. Cohen (not Bachelor and Cohen, because Bachelor adds bare little to these broadcasts) is an academic who is never challenged (who wants a bad grade), and his blathering on shows it. If a real live shooting war develops over this God forsaken hunk of the planet, nothing said in these broadcasts will have anything to do with the economic repercussions, the outcome, or the lead up to the same. Cohen's wealth of knowledge, sans the opinions, would be of more use in very high level strategic planning than in a tactical sense. More of how the Russians will act than what to do to affect the situation.

Auggie
Aug 12, 2015 - 12:44pm

Hmmm. Interesting.

I guess what I mean by "balanced" is in how this compares to the rest of the US mainstream media presentation of the story, which is entirely lacking of any dissent and is full of War Party propaganda.

goldcom
Aug 12, 2015 - 12:52pm

Nice exchange LostMind and Turd

Turd your single sentence says so much.

"The corrupt politicians who gave "the greatest generation" and their self-indulgent kids every free lunch social program imaginable has utterly bankrupted the USA for all future generations."

What the hell can we be proud of at this stage? It gets down to what would we be fighting for if this Ukraine thing continues to escalate?

Just more Fascist world interventions by the whacked out Keynesian/Socialist psychopaths forcing their dollar belief system on the world. What some of them haven't figured out is that horse has been beaten to death and undermined by their own doings of fraud, corruption and unaccountability of the King Dollar system that now acts more like a Banana Republic.

Our forth branch of government the press/news media information has no real analysis on such major issues like Ukraine. The propaganda comparisons of todays news to Hitler's Goebbels become more obvious by those paying attention.

Will the public come around in time to save something of our once great nation? Sadly I question that.

Aug 12, 2015 - 1:48pm

Copying this Vault comment here

So that I can tweet it out publicly.

As silver rebounds, it needs two consecutive closes back above the $15.50 level that had supported it since November of last year. The effort made to postpone such a recovery today was remarkable to watch.

First, as you can see below, silver went nearly 2 minutes without even trading at all. Additionally, notice the relative prices of the other metals in this screenshot from 1:19 pm, 6 minutes before the Comex silver close:

Now look at the screenshot from exactly 1:25 as silver was closing. Note that gold, copper, platinum and palladium are all unchanged but that silver has been safely maneuvered back under .50 for a close at .48.

On the chart, it looked like this. First a 5-minute:

And here's the up close, 1-minute version of the close:

This is illegal chart and tape painting but don't expect the CFTC or SEC to do anything about it.

Key Economic Events Week of 2/17

2/18 8:30 ET Empire St Manu Idx
2/19 8:30 ET Producer Price Idx
2/19 8:30 ET Housing Starts & Bldg Perms
2/19 2:00 ET January FOMC minutes
2/20 8:30 ET Philly Fed
2/21 Fed Goons all day at Chicago Conf.
2/21 9:45 ET Markit flash Feb PMIs

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Key Economic Events Week of 2/17

2/18 8:30 ET Empire St Manu Idx
2/19 8:30 ET Producer Price Idx
2/19 8:30 ET Housing Starts & Bldg Perms
2/19 2:00 ET January FOMC minutes
2/20 8:30 ET Philly Fed
2/21 Fed Goons all day at Chicago Conf.
2/21 9:45 ET Markit flash Feb PMIs

Key Economic Events Week of 2/10

2/11 10:00 ET Job Openings
2/11 10:00 ET CGP Hump-Hawk House
2/12 10:00 ET CGP Hump-Hawk Senate
2/13 8:30 ET CPI
2/14 8:30 ET Retail Sales
2/14 9:15 ET Cap Ute & Ind Prod
2/14 10:00 ET Business Inventories

Key Economic Events Week of 2/3

2/4 10:00 ET Factory Orders
2/5 8:15 ET ADP Employment
2/5 9:45 ET Markit Service PMI
2/5 10:00 ET ISM Service PMI
2/6 8:30 ET Productivity & Unit Labor Costs
2/7 8:30 ET BLSBS
2/7 10:00 ET Wholesale Inventories

Key Economic Events Week of 1/27

1/28 8:30 ET Durable Goods
1/28 10:00 ET Consumer Confidence
1/29 10:00 ET Pending Home Sales
1/29 2:00 pm ET FOMC Fedlines
1/29 2:30 pm ET Powell presser
1/30 8:30 ET Q4 GDP first guess
1/31 8:30 ET Pers Inc and Spending
1/31 9:45 ET Chicago PMI
2/2 10:00 pm ET Chiefs win SB LIV

Key Economic Events Week of 1/13

1/14 8:30 ET CPI
1/14 9:00 ET Goon Williams
1/15 8:30 ET PPI and Empire Fed
1/16 8:30 ET Retail Sales and Philly Fed
1/17 8:30 ET Housing Starts
1/17 9:15 Et Cap Ute and Ind Prod

Key Economic Events Week of 1/6

1/7 8:30 ET US trade deficit
1/7 10:00 ET ISM Services PMI
1/7 10:00 ET Factory Orders
1/8 8:15 ET ADP employment
1/9 8:00 ET Goon Chlamydia speech
1/9 1:20 ET Goon Evans 2:00 ET Goon Bullard
1/10 8:30 ET BLSBS
1/10 10:00 ET Wholesale Inventories

Key Economic Events Week of 12/16

12/16 8:30 ET Empire State Manu Idx
12/16 9:45 ET Markit flash PMIs Dec
12/17 8:30 ET Housing Starts and Bldg Perms
12/17 9:15 ET Cap Ute and Ind Prod
12/19 8:30 ET Philly Fed
12/20 8:30 ET Final guess Q3 GDP
12/20 10:00 ET Pers Inc and Spending
12/20 10:00 ET Core Inflation

Key Economic Events Week of 12/9

12/10 8:30 ET Productivity and Unit Labor Costs
12/11 8:30 ET CPI
12/11 2:00 pm ET FOMC fedlines
12/11 2:30 pm ET CGP presser
12/12 8:30 ET PPI
12/13 8:30 ET Retail Sales
12/13 10:00 ET Business Inventories
12/13 11:00 ET Goon Williams speech

Key Economic Events Week of 12/2

12/2 9:45 ET Markit Manu PMI
12/2 10:00 ET ISM Manu PMI
12/2 10:00 ET Construction Spending
12/4 9:45 ET Markit Services PMI
12/4 10:00 ET ISM Services PMI
12/5 8:30 ET Trade Deficit
12/5 10:00 ET Factory Orders
12/6 8:30 ET BLSBS
12/6 10:00 ET Wholesale Inventories

Key Economic Events Week of 11/25

11/25 8:30 ET Chicago Fed Nat'l Idx
11/25 7:00 pm ET CGP speech
11/26 8:30 ET Advance Trade
11/26 9:00 ET Case-Shiller home prices
11/26 10:00 ET New home sales
11/26 10:00 ET Consumer Confidence
11/27 8:30 ET Q3 GDP 2nd guess
11/27 8:30 ET Durable Goods
11/27 9:45 ET Chicago PMI
11/27 10:00 ET Pers Inc & Cons Spndg
11/27 10:00 ET Core inflation
11/27 2:00 pm ET Beige Book

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