Tag Archive: war

September 28, 2017 |

A Powder Keg

Gold is seeing a moderate pullback on Tuesday following gains to start the week. The situation with North Korea appears to be deteriorating, and investors finally appear to be waking up to the fact that an armed conflict could potentially be seen in the coming weeks or months. North Korea has stated that the U.S. has declared war on the nation, and has also threatened to attack U.S. bombers even if not in North Korean airspace. This follows President Trump’s threat to destroy North Korea... Continue Reading

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September 18, 2017 |

Are Markets Ready to Ignore North Korea?

North korea missile

The ongoing conflict with North Korea has been going on for months now, and it has at times shaken global financial markets. The tough rhetoric coming from both sides has kept investors on edge, although the threats from North Korea may begin to fall on deaf ears. Tough talk from the North has been largely absent in recent days, until today. A North Korean State agency reportedly threatened to use nuclear weapons to “sink” Japan and reduce the United States to “ashes and darkness.” The... Continue Reading

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August 31, 2017 |

Is Risk Aversion Set to Take Center Stage?

North korea missile

In a highly provocative act, North Korea conducted another missile test Monday afternoon that set gold, stock index futures and currencies on the move. The missile reportedly flew over Japan and landed in the Pacific Ocean off the waters of the northern region of Hokkaido. The last time a projectile from North Korea flew over Japan was 2009. The U.S. and Japan believed that launch to be a test of an ICBM, while North Korea claimed it was simply a rocket carrying a satellite into... Continue Reading

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August 11, 2017 |

A Scary Place

North korea missile

The ongoing escalation in tensions between the U.S. and North Korea could unfortunately be headed to a new level. According to a report by the Washington Post, North Korea has produced a miniaturized nuclear warhead that can fit into its missiles. The newest development in the ongoing saga brought harsh rhetoric from U.S. President Donald Trump who stated that “North Korea best not make any more threats to the United States. They will be met with fire and fury like the world has never seen.... Continue Reading

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