$XAU NKorea has many resources desired by the Chinese. Not just gold but also copper ore, iron ore, aluminium, charcoal, timber, pine nuts, hazelnuts, seafood and pine mushrooms. In the 1990’s, traders just needed to give the border patrols on both sides of the river a small bribe. Now, things have tightened up. But United […]
President resident Donald Trump said Saturday that Chairman Kim Jong Un told him he was ready to resume talks on NKorea’s nuclear and missile programs and would stop missile testing as soon as US-SKorea military exercises end. Trump and Kim have met twice since their first summit in Singapore last year, but little progress has […]
FLASH: The ban on Americans doing business with Venezuela’s government took effect immediately. The Trump Administration has frozen all Venezuelan government assets in a dramatic escalation of tensions with socialist leader Nicolás Maduro, who has clung to power in the face of mounting international pressure. An executive order signed by President Donald Trump Monday justified […]
$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Up, Crude Oil Down, Stocks Mixed Notes: President Trump said Monday that any trade deal with China would need to be “somewhat tilted” in favor of the United States. The US government also threatened tariffs on $4-B of additional EU goods in a long-running dispute […]
$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Notes: The US and China agreed on Saturday to resume trade negotiations after President Trump offered concessions to his Chinese counterpart Xi when the 2 leaders met on the sidelines of the G-20 Summit in Japan. OPEC and […]
Monday, President Trump said he sent NKorean leader Kim Jong Un a “very friendly letter” in response to Birthday greetings he received last week from Chairman Kim. The exchange of letters comes as the 2 countries negotiate the future of NKorea’s nuclear program and before President Trump leaves Wednesday for an Asia trip that will […]
Wednesday, President Trump said he was “in no rush” to make a deal with NKorea to get it to dismantle its nuclear weapons program, and touted what he called his positive relationship with NKorea’s leader Kim Jong Un. “I think we’re going to do very well with North Korea over a period of time. I’m […]
Saturday, President Donald brushed off noise of a possible weapons test by NKorea, vowing that leader Kim Jong Un “will do nothing to interfere” and that a denuclearization deal with the US “will happen.” The Tweet, posted while President Trump was in route to the Trump National Golf Club in Virginia, was the President’s 1st […]
President Trump said relations with Chairman Kim remain “very good” and he opened the door Saturday for a 3rd Summit, hours after the NKorean leader said he’s willing to meet as long as the US offers acceptable terms for a deal by year end. “I agree with Kim Jong Un of North Korea that our […]
President Trump and NKorea Chairman Kim Jong Un likely will meet for a 3rd Summit Secretary of State Mike Pompeo said Friday. President Trump and Chairman Kim left their last Summit, in Hanoi, Vietnam, with a “deeper understanding of each other,” Secretary Pompeo said in a TV interview Friday, “The positions that the two sides […]
President Trump Friday did not yet reverse NKorea-related sanctions on 2 Chinese shipping companies, a Trump Administration source familiar with the matter said. The source was responding to queries about a tweet sent by Trump earlier in the day that said he had ordered the withdrawal of sanctions announced by the Treasury Department, a statement […]
UPDATE: Secretary of State Mike Pompeo Says Chairman Kim Told Him Several Times that He will Denuclearize US Secretary of State Michael Pompeo said NKorea’s Chairman Kim Jong Un has promised to eliminate his nuclear weapons program on at least 6 occasions and that now “we need to figure out how to do it.” “The […]
FLASH: Reports from commercial satellite images reveal that NKorea is rebuilding nuclear weapons testing site. President Trump’s NSA John Bolton knows the score, knows the mistakes of prior administrations with NKorea, is working to make real progress, and finally, the leverage is on our side right now. “The President has been very clear he is […]
FLASH: Americans’ approval of President Trump’s handling of the economy is at the highest point of his presidency, hitting 56% in a recent Gallup poll. President Trump’s rating for handling the economy also is the highest of his approval ratings on any of 14 domestic and foreign issues tested in the latest Gallup poll. Americans’ approval […]
President Donald Trump is “ready to keep talking” to NKorea despite the abrupt end of the 2nd summit in Hanoi NAS John Bolton said. In a TV interview aired Sunday Mr. Bolton said President Trump “remains optimistic.” about a deal that will lead to denuclearization. NKorea’s leader “Kim Jong Un himself said in our last […]
FLASH: Members of the media should read President Trump’s “Art of the Deal” to understand President Trump’s decision to end negotiations with NKorean Chairman Kim Jong Un The Big Q: What does he say in that book? The Big A: If you want to be a great businessperson, up to the last sec in any deal, you […]
FLASH: Kim Jong Un Faces New Pressure at Home After Trump Summit Shock He faces a long train ride home through China to think about what went wrong. President Trump says Vietnam, the site of his 2nd round of nuclear talks with Chairman Kim, is thriving economically and that NKorea could, too, if it would […]
At SKorea’s northernmost train station, the tracks stop abruptly ahead of the demilitarized zone that marks the NKorean border. A sign reads: “The steel horse wants to run.” That may soon become a reality as US President Trump and NKorea’s Chairman Kim Jong Un prepare for a @nd summit next week in Vietnam. The outcome […]
The choice of Vietnam as the venue for a 2nd US-NKorea Summit this month shows the possibility of moving beyond conflict and division toward a thriving partnership, the US State Department said Thursday. State Department spokesman Robert Palladino told a news briefing that US Special Representative for NKorea Stephen Biegun was in Pyongyang to prepare […]
A once senior NKorean official was reportedly banished to a labor camp after Chairman Kim Jong Un accused him of “breaching doctrine” in a proposal for US-NKorean talks. Han Song Ryol, once the North Korean vice foreign minister, was sent to a “re-education camp” after he was removed from his position last year, a SKorean […]
Thursday, President Donald Trump blamed Senate Minority Leader Chuck Schumer, (D-NY), and his fellow Democrats for “being weak and passive with Iran.” “Schumer and the Democrats are big fans of being weak and passive with Iran,” President Trump tweeted Thursday morning. “They have no clue as to the danger they would be inflicting on our Country. Iran […]
The President reopened the White House discord with the intelligence community in a series of heated Tweets Wednesday President Trump came out against the US intelligence chiefs Wednesday after they told Congress that NKorea is unlikely to dismantle its nuclear arsenal and that the Iran nuclear deal is working. “Perhaps Intelligence should go back to […]
$SPY, $GLD Surprise, after all of the ‘bunk’ you have heard since early October, do not be shocked that there will be no additional Fed rate hikes, a 20% S&P 500 rally and no recession.. Byron Wein defines “surprise” as an event that the average investor would only assign a 33% chance of taking place […]
President Trump, NKorea’s Chairman Kim to Meet in 2019 President Donald Trump plans to meet NKorean leader Kim Jong Un in the New Year. The United States and NKorea have been discussing a 2nd meeting between their leaders to follow up the Singapore Summit in June and lay the groundwork for ending a nuclear stand-off. […]
NY-T’s Story on Secret NKorean Missile Sites is ‘Fake News’ Tune out the Noise! US President Donald Trump lashed out at The New York Times calling its report about NKorean secret missile bases “inaccurate.” “The story in the New York Times concerning NKorea developing missile bases is inaccurate,” President Trump posted on Twitter. “We fully know about the sites […]
SKorea Defers to President Trump on SKorea Sanctions US President Donald Trump warned SKorea could “do nothing” on lifting NKorea sanctions without his approval, leading to SKorea to walk back a proposal to do so. Foreign Minister Kang Kyung-wha had said Wednesday that Seoul was considering lifting measures applied after a deadly attack in 2010 that killed […]
The Sanctions on NKorea Will Stand US Secretary of State Mike Pompeo said that the world stands at the “dawn of a new day” in relations with NKorea but that international sanctions must remain in place and vigorously enforced if diplomatic efforts to get the country to denuclearize are to succeed, a position that faced […]
President Trump Announces New US-SKorea Free Trade Agreement Monday, US President Donald Trump announced a new free trade agreement between the United States and South Korea that he said will be mutually beneficial. Trump and South Korean President Moon Jae-in met at the United Nations, where many world leaders are gathering this week for the […]
NKorea’s 70th Anni Parade “a big and very positive statement” Sunday, US President Donald Trump saluted NKorean leader Kim Jong Un Sunday for holding a massive military parade “without the customary display of nuclear missiles” to celebrate his country’s 70th Anniversary. “This is a big and very positive statement from NKorea. Thank you To Chairman […]
US Sanctions 3 Shipping Firms Over NKorea Strategic Trade Wednesday, The Trump Administration imposed additional sanctions on 3 foreign companies the US Treasury Department sayd are helping NKorea with illicit shipments of goods to fund its nuclear program. The US Treasury Department said it was taking action against the companies, which are based in China, […]
John Bolton: “The President is not ‘starry eyed’ about NKorea’s promises” NKorean leader Kim Jong Un’s regime knows what the United States expects of it, National Security Adviser (NSA) John Bolton said Monday, but he does not think President Donald Trump is “starry-eyed” about NKorea and its promises. “I don’t think he is starry eyed, […]
Our Plane is Headed to NKorea for US ‘Korean Conflict’ Remains A US aircraft flew to NKorea Friday to collect the remains of American troops killed in the Korean Conflict, the latest step in ongoing diplomacy between Washington and Pyongyang. NKorea is expected to hand over the remains of a number of US service members […]
President Trump, “Russia will help with NKorea” Early Wednesday, US President Donald Trump said that Russia will help with NKorea and offered an enthusiastic update on the US process of negotiating with the Asian nation over nuclear weapons. His assertion on NKorea came in a series of Tweets that began with the statement that “so […]
Secretary of State Pompeo, “I slept fine”, his NKorean Counterparty Not So Well NKorea accused Washington of pressuring the country into abandoning its nukes. Secretary of State Pompeo wrapped up 2days of talks with senior NKorean officials without meeting NKoresn leader Kim Jong Un, but with commitments for new discussions on denuclearization and the repatriation […]
The Majority of Americans Approve of President Trump’s NKorea Effort The majority of Americans now approve of President Donald Trump’s handling of US relations with NKorea, a change that comes after his historic Summit with that country’s leader, Kim Jong Un. A new poll from The Associated Press-NORC Center for Public Affairs Research released Thursday […]
President Trump, “NKorea’s Denuclearization ‘Has Already Started’” Thursday, President Donald Trump said that NKorea was blowing up 4 of its big test sites and that a process of “total denuclearization … has already started taking place.” Speaking at a meeting of his Cabinet at the White House, President Trump said: “They have stopped the sending […]
President Trump ‘Suspended Indefinitely’ Major US Military Exercises with SKorea As of Thursday, the US military has indefinitely postponed major joint exercises with SKorea acting on US President Donald Trump’s pledge to halt the “provocative” military drills following his summit with NKorea’s Chairman Kim Jong Un. The move, a significant break in how the US and […]
US Expects ‘Major’ NKorea Disarmament by 2020 The United States hopes to achieve “major disarmament” by NKorea within the next 2½ years, US Secretary of State Mike Pompeo said Wednesday, a day after President Donald Trump met NKorean leader Kim Jong Un for a historic Summit. President Trump and Chairman Kim met in Singapore Tuesday […]
‘Good Progress’ in NKorea Peace Talks US Secretary of State Mike Pompeo reported “good progress” in meetings with a top NKorean official Thursday as they prepare for the Summit between President Donald Trump and North Korean leader Kim Jong Un. President Trump told reporters that NKorean officials may come to Washington Friday with a letter […]
President Trump’s NKorean Peace Efforts Accelerate President Donald Trump confirmed Tuesday that a top NKorean official is headed to New York for talks on an upcoming Summit between President Trump and NKorean leader Kim Jong Un. President Trump Tweeted that Kim Yong Chol was traveling to New York as part of ongoing meetings between the […]
NKorea’s Economic Potential is Huge, Peace Looms Virgin Natural Resources: Crude Oil, Nat Gas Exploration and Minerals Mining to Open Up Sunday, US President Donald Trump said that he truly believes North Korea has “brilliant potential and will be a great economic and financial Nation one day” just as the historic Summit with NKorean leader […]
Korean Leaders Met, Peace Summit Looms Sunday, NKorean leader Kim Jong Un reaffirmed his commitment to “complete” denuclearization of the Korean Peninsula and to a planned meeting with US President Donald Trump, SKorean President Moon Jae-in said. President Moon and Chairman Kim agreed at a 2nd meeting Saturday that a possible NKorea-US Summit, currently planned […]
President Trump Cancelled NKorea Summit, Door Left Open President Donald Trump has canceled his planned summit with North Korea’s Kim Jong Un, citing the “tremendous anger and open hostility” in recent statements from Pyongyang. The White House used Twitter to announce Trump’s decision to call off the 12 June meeting, releasing his letter to Kim. The […]
President Trump Worthy of Nobel Prize if NKorea Negotiations Succeed Tuesday, former US President Jimmy Carter declared that he believes President Donald Trump is worthy of the Nobel Peace Prize if negotiations with North Korea’s leader Kim Jong Un are successful. That assessment from Mr. Carter, a Nobel laureate himself, came in an interview Tuesday, “If […]
US Made No Concessions to NKorea Tuesday, US Vice President Mike Pence said no concessions have been given or offered to NKorea in the run-up to a June Summit between the President Trump and President Kim Jong Un. VP Pence said in a radio interview that the US remains open to the Smmit between Presidents Trump […]
The Trump Effect: NKorea Begins to Dismantle Nuclear Test Sites NKorea has scheduled the dismantlement of its nuclear test site for sometime between 23-25 May depending on weather conditions, in order to uphold its pledge to discontinue nuclear tests, the country’s state media reported Saturday. The official Korean Central New Agency said dismantlement of the […]
Date, Place for NKorea Peace Summit Set, Will Be Announced Soonest Friday, US President Donald Trump told reporters on the WH lawn that the date and location were set for a meeting with NKorea’s leader Kim Jong Un, and that the details would be announced very soon. The White House has said the historic peace […]
President Trump, “Nixing Iran Nuclear Deal Will Not Hurt NKorea Talks” Monday, US President Donald Trump said that pulling out of the Iran nuclear deal would not have a negative impact on his upcoming nuclear talks with NKorea, and he said he is open to negotiating a new nuclear accord with Tehran. “I think it […]
President Trump ‘Deserves the Nobel Peace Prize’ Rep. Luke Messer (R-Ind) is pushing congressional lawmakers to back President Donald Trump for the Nobel Peace Prize. Mr. Messer said the President deserves the award for his role in getting peace talks started between North and South Korea. “We are seeing unprecedented progress toward peace, and it’s […]
G7 Will Not Consider Any More Sanctions on Russia HeffX-LTN learned Sunday that sanctions on Russia were not on the agenda when foreign ministers from the Group of Seven (G7) summit Sunday in Toronto, Canada/ The G7, comprised of representatives from the US, Canada, Germany, Britain, France, Italy and Japan, will instead look for ways […]
NKorea’s Economy is the Focus Now President Kim shifts to Economy, ditches Nuclear testing President Kim Jong Un’s suspension of NKorean nuclear tests has economic focus. Kim’s statement at a ruling party meeting Friday includes a pledge to seek a “favorable” international environment for economic development so that he can put the economy “on an […]
President Trump’s ‘Maximum Pressure’ Unnerved NKorea’s Leader President Trump’s campaign of “maximum pressure’ put on NKorea caused its President Kim Jong Un to step back and away from its nuclear and missile testing activities, White House Director of Strategic Communications Mercedes Schlapp said Saturday. “It clearly shows President Trump’s vision in focusing on denuclearizing North Korea, […]
NKorea’s Leader says, “Will Suspend Nuclear and Missile Testing” North Korea’s leader Kim Jong Un declared that Pyongyang will carry out no more nuclear or intercontinental ballistic missile tests and will shut down its atomic test site, the state media reported early Saturday. “From April 21, North Korea will stop nuclear tests and launches of […]
North and South Korea to Announce the End of War US President Trump’s influence in this peace making is paramount South and North Korea have discussed plans to announce an official end to the ‘war’ between the 2 countries. At next week’s Summit between SKorea President Moon Jae-in and NKorea leader Kim Jong Un, the […]
Talks Underway in Secret to Prepare for Coming US-NKorea Summit The US and NKorea are engaged in secret and direct talks to prepare for a summit between President Donald Trump and NKorean leader Kim Jong Un. Central Intelligence Agency (CIA) Director Mike Pompeo, who President Trump has tapped to be his Secretary of the State, […]
John Bolton is “Brilliant and Very Tough” NKorea has to know the we are ready to go to war to keep them from the Nuclear prize. Former United Nations Ambassador John Bolton, 69 anni, is “brilliant and very tough” Harvard Law School Professor Emeritus Alan Dershowitz said Thursday, and “he will be a valuable part […]
Rex Tillerson Undercut President Trump, Got Sacked President Trump sacked Rex Tillerson on Twitter Rex Tillerson got Fired as Secretary of State because he undercut US President Donald Trump on his dealing with NKorea, the national spokesperson for the Republican National Committee (RNC) said. “Rex Tillerson, as much as we thank him for his service, […]
US-NKorean Summit Now On the Cards US President Donald Trump is ready to meet NKorean leader Kim Jung by May in response to Kim’s invitation to hold the 1st-ever US-NKorea summit, a SKorean envoy said, marking a potentially dramatic breakthrough in the North Korea nuclear standoff.Kim has committed to “denuclearization” and to suspending nuclear or […]
President Trump Open to Talks With NKorea South Korean President Moon Jae-in said Wednesday that US President Donald Trump “deserves big credit” for his country’s talks with NKorea. President Donald Trump told Moon Jae-in, the leader of SKorea, that the United States is open to talks with NKorea “at the appropriate time, under the right […]
Donald Trump Channels Ronald Reagan for NKorea Resolution A new analysis suggests the United States and SKorea could benefit by taking a page from The Reagan Administration’s playbook when it comes to dealing with NKorea and its threats of starting a nuclear war. Analysts Robert Carlin and Joel Wit recalled the time when former President […]
WWIII: NKorea’s Obese Boy Leader Has “Death Wish” Kim Jong Un, true age unknown, repeated his wild claims that he could hit the US with a nuclear weapon, saying that its deterrent is “irreversible” and would prevent President Donald Trump from starting a war. He says he plans to send a delegation to the Winter […]
President Trump, “America’s Security Means ‘America First’” Monday, US President Donald Trump declared a new national security strategy, stressing his “America First” message of his 2016 campaign and faulting previous US leaders for failing to measure up to it and look out for the nation’s citizens. “Our leaders engaged in nation building abroad while they […]
Week 45: President Donald J. Trump in the Oval Office HAPPY THANKSGIVING We hope everybody had a great Thanksgiving last week, and had the chance to celebrate with family, friends, and loved ones. On Thanksgiving Day, President Trump was honored to speak with members of each branch of the military deployed overseas via video conference, […]
US Warns NKorean Leadership of Utter Destruction in Any War The United States warned the NKorean leadership that it would be “utterly destroyed” if war were to break out, after Pyongyang test fired its most advanced intercontinental ballistic missile, putting the US Mainland within range. The Trump Administration has said all options were on the […]
China Sending Special Envoy to NKorea China sending special envoy to NKorea, state media said Wednesday, after US President Donald Trump concluded an Asian tour to rally support against Pyongyang’s nuclear threats. President Xi Jinping’s special envoy, Song Tao, is going to NKorea Friday to discuss the Chinese Communist Party’s congress, which took place last […]
US-China Tie-up at “New Historic Starting Point” Chinese President Xi Jinping said Thursday the Sino-US relations are “at a new historic starting point.” “China is willing to work together with the United States to respect each other, stick to mutual benefit and reciprocity, focus on cooperation, and manage and control differences,” President Xi said during […]
NKorea says, No Negotiations, as President Trump Wings to Asia Saturday, NKorea ruled out talks and threatened to increase its nuclear arsenal in a fresh warning to Donald Trump’s administration, as the President Trump set off on a 10 day tour of Asia. Tensions over NKorea’s nuclear and missile threats looming large, as President is […]
Extraordinarily Forces at Work to Keep President Trump Safe President Donald Trump’s National Security Adviser H.R. McMaster did not seem worried when asked if there are concerns about President Trump’s safety during his upcoming trip to the tense Korean Peninsula, noting the “capable” US forces that will protect him. A reporter asked General McMaster about […]
Putin Cuts Ties with NKorea in Line with UN Policy President Vladimir Putin says Russia is curtailing economic, scientific and other ties with NKorea in line with restrictions imposed by the United Nations. President Putin’s decree, published Monday on the state legal portal, orders the halting of an array of economic, scientific and technical ties […]
Secretary Mattis Wants to Stay, Aligns with President Trump on Defense America’s relationship with NKorea remains diplomatic, but the military must be ready in case the situation breaks down, Secretary of Defense James Mattis said Monday. In his Keynote address to the Association of the United States Army’s annual meeting in Washington, DC, Secretary Mattis […]
President Trump Cracks Down on NKorea and Trading Partners NKorea’s government has been economically isolated but its embassies have been illegally raising money through profit-making ventures for decades to support themselves and send surpluses back home. The story comes as tensions between the US and NKorea continue to rise as Pyongyang builds up its missile […]
US Stocks Finished Flat to Unchanged on a Positive Week $DIA, $SPY, $QQQ, $VXX The S&P 500 eased a bit Friday, ending a 6-day run of record highs as the 1st monthly decliner in US NFPs in 7 years dampened sentiment and pharmacy shares fell on Amazon (NASDAQ:AMZN) competition concerns. The benchmark’s slight decline follow […]
US Government in Direct talks with NKorea The US government is communicating directly with NKorea to see whether it’s willing to negotiate over its nuclear program, Secretary of State Rex Tillerson said, the most explicit public acknowledgment yet of direct contact between the countries over the issue. “We can talk to them, we do talk […]
NKorea’s Aging MiGs do Not Stance a Chance Vs Modern US Fighter Jets $DIA, $SPY, $QQQ, $VXX Military analysts say NKorea does not have either the capability or the intent to attack US bombers and fighter jets, despite the country’s top diplomat saying it has every right to do it. They view the remark by […]
It is Clear, President Trump Means Business About NKorea President Donald Trump’s blunt talk at the UN let the world know that there will be consequences “for the destabilizing activities of NKorea. The President’s speech at the UN General assembly surprised many buy his plainspokenness, as those diplomats are not used to that kind of […]
President Trump Will Get NKorean ‘Rocket Man’ to Stand Down The Trump Administration faces a “dilemma” with NKorea, but “they will work their way out of it by … getting “Rocket Man” to stand down,” former Trump domestic policy adviser Ken Blackwell said on TV Friday. “But I am sure it is a tough dilemma,” […]
Investors Not Overly Concerned About NKorea’s Terror “Antics” $JPM JPMorgan (NYSE:JPM) CEO Jamie Dimon said NKorea a ‘terrible threat’ but markets should not expect a bad outcome. Mr. Dimon explained it would be a mistake for investors to rush to rash decisions on concerns of a nuclear war. “I think there’s a higher chance of […]
Crooked Hillary & Company Helped Nuclearize NKorea US President Donald Trump slammed “Crooked Hillary” Clinton Wednesday for criticizing his speech to the United Nations as “very dark, dangerous” on a TV show, and blamed her and her husband, former President Bill Clinton, with helping NKorea develop its dangerous nuclear arsenal. “After allowing North Korea to research […]
President Trump at UN: US May Have to Totally Destroy NKorea Tuesday morning, US President Donald Trump warned that the United States will be forced to “totally destroy” North Korea unless Pyongyang backs down from its nuclear challenge. Adding, NKorean leader Kim Jong Un is a “rocket man” on a suicide mission. President Trump issued […]
US Stock Indexes Mark New Record Highs, Financials Lead $DIA, $SPY, $QQQ, $VXX The major US stock market indexes are trading at record marks driven by gains in financial, technology and industrial stocks, with focus on the FOMC’s policy meet Tuesday and Wednesday, as The Trump Rally extends. Shares of the major banks, including Bank […]
Playing the VIX, a Fast Way to Loose Money $VXX, $SPY Warning: Betting against stock-market volatility is a recipe for investment disaster. Trading the benchmark S&P 500 (NYSEArca:SPY) Index and evaluating stocks on an individual basis, and not trying to outsmart the CBOE Volatility Index aka VIX, (NYSEARCA:VXX) a measure of expected stock volatility, aka […]
President Trump, World Leaders to Meet at UN on NKorea US President Donald Trump will meet with the leaders of Japan and SKorea next week at the United Nations to discuss how to confront NKorea’s provocations, after the Pyongyang regime launched a 2nd ballistic missile over Japan in less than a month. The Trump Administration […]
Jimmy Carter, the Worst US President in Modern History, Speaks Out Former US President Jimmy Carter says that the USA functions more like an “oligarchy than a democracy,” and he is sharply critical of US foreign policy under President Donald Trump. The former President, a Democrat, thought by historians as 1 of the worst in […]
US Stocks to Record Highs, Rate Hikes, NKorea, Irma Fears Fade $DIA, $SPY, $QQQ, $VXX The Trump Rally extends, as President Trump’s approval ratings soar. Monday, the S&P 500 rose 1%+ to a record high close, as Fed rate hike fear abated, Irma caused less damage than expected in Florida, and NKorea decided not to […]
President Trump to Call for UN Naval Blockade of NKorea The United States’ effort to further isolate NKorea with tough measures including a a Crude Oil embargo will also call for a partial naval blockade. The draft United Nations resolution authorizes naval vessels of any US member state to inspect North Korean ships suspected of […]
President Trump’s Team Ready To Hammer NKorea Advanced diplomatic and military options are being readied as part of The Trump Administration’s more aggressive approach to NKorea following its largest nuclear test to date. The package includes cyberattacks and increased surveillance, as well as intelligence operations, and could also include a US Security resolution that mandates […]
US Navy Seals Train SKorean Team to Kill Kim Jong Un The elite US Navy Seal Team Six that took out Osama bin Laden in Pakistan is training a SKorean assassination squad to kill North Korean leader Kim Jong Un, according to a report in the LT’s. The news comes as tensions continue to rise […]
NKorea Will ‘Eat Grass’ Before Giving Up Nukes Tuesday, Russia’s President,Vladimir Putin, condemned NKorea’s latest nuclear test, but also warned against using military force against the country, calling it a “road to nowhere” that could lead to a “global catastrophe.” Russia condemns NKorea’s nuclear test as “provocative,” President Putin told a televised news conference in China. […]
Gold Marks a Fresh 2017 High, Stocks Drop on NKorea Tensions $GLD NKorea launches or threatens to launch a missile, Gold rises, stocks fall, things calm down and stocks make up their losses, what has been a recurring story YTD. The Big Q: Is it different this time? The Big A: After NKorea said it […]
‘Mad Dog’ Mattis, “US Prepared for Massive Military Response to NKorea Sunday, US Defense Secretary James Mattis (USMC Ret.) warned North Korea that any future threat they posed to the U.S. or its allies would be met with a “massive military response.” “Any threat to the United States or its territories, including Guam or our […]
Gold Has Broken Through the Psych Resistance at $1300 oz, Next? $GLD Gold has broken the 1,300 0z the Psych resistance mark that has held since October 2016. Today the metal trades at 1,324. This rise is being attributed in part to a weakened USD after the head of the ECB refrained from talking down […]
Gold Rises to 2017 Highs on NKorea Missile Test, Stocks Ignore Event $DIA, $SPY, $QQQ, $VXX Investors Shrug Off NKorean Missile Launch Gold rallied to the highest level this year after North Korea fired a ballistic missile over Japan, boosting haven demand. Palladium extended a rally and platinum rose above $1,000 an ounce. NKorea rattled […]
Overnight World Market News $DIA, $DAX, $DJSH, $N300, $NSEI Overnight , Asian equities followed US and European equities North on signs that a military conflict between the US and North Korea is not imminent . According to the North Korean news agency, NKorean leader Kim Jong Un is reviewing missile strike plans and said that he […]
Morning Briefing: WTI, Brent & Gold $USO, $OIL, $GLD Commentary: The perceived drop in NKorea threats and some weak data from China and the EU was all the excuse that old Crude Oil and Gold longs needed to exit. PE Crude Oil Crude Oil prices fell overnight with both Brent and WTI spot falling 2.60 […]
China Issues Order to Implement UN Sanctions on NKorea …financial markets soar $DIA, $SPY, $QQQ, $VXX China’s Commerce Ministry issued a ban effective from Tuesday on several imports from NKorea, including coal, iron ore, lead concentrates and ore, lead and seafood, a move that is in line with UN sanctions announced this month. Beijing issued […]
China’s Money/Hollywood Tie-up, is it Over? $VIA, $AMC, $BABA Billions of USDs have been thrown into question as Chinese regulators crack down on overseas investments, Paramount’s, a unit of Viacon (NYSE:VIA), backer skips a payment, and both President Trump and some Democrats have taken a protectionist stance. For almost 5 years, Hollywood has been bolstered […]
Week 29, President Trump on a Working Vacation… Vice President Mike Pence at his side, tough and decisive PUTTING ISIS ON THE RUN Due to new policies adopted by The Trump Administration, about 33% of territory reclaimed from ISIS in Iraq and Syria since Y 2014 has been won in the past 6 months. When […]
The Financial Markets are Ignoring the Saber Rattling $DIA, $SPY, $QQQ, $VXX Financial markets have not reacted much to the escalation in tensions between the US and NKorea, and that is largely because in the worst-case scenario it is impossible to guess an appropriate price for things like stocks and bonds. It’s hard to price […]
