Ok, well just hours after North Korea threatened to “sink” Japan with “the nuclear bomb of Juche,” reports suggest Pyongyang is readying another missile launch.
Citing an unnamed Japanese official, Nikkei news says a missile is being prepared for launch and has the engine for liquid fuel, suggesting it’s an ICBM.
Apparently, it’s all gassed up and ready, Nikkei adds (although not in those terms).
Other reports suggest the preparations for this started yesterday morning.
And while that is in no way surprising, it did tank futs:
And amusingly, it also seems to have negated the CPI beat as far as USDJPY and yields are concerned:
Kim trying to ruin CPI
— Heisenberg Report (@heisenbergrpt) September 14, 2017
A look at the broader picture for your consideration! No. Korea has an imperative diametrically opposed to the US…there isn’t and never will be common ground for negotiation. Their aim is not to strike the US..that would immediately end No. Korea. They will continue to move towards a nuclear arsenal because that’s their “Apple” franchise of the future.
The latest phony “sanction” plan only amounts to what all the other “plans” have done..buy chunks of time. Russia and China are NOT concerned..they love having a tiny thorn in the big dogs side that big dog can do NOTHING about. And people actually believe Un is crazy?!
If the US is smart it will ignore No. Korea..pull all it’s troops from Japan and So. Korea and replace the burden for No. Korea squarely on the shoulders of the country it actually affects the most…China. After all, it’s a very long swim for No. Koreans to start flooding across the Rio Grande.
The we’ll sell nuclear weapons to Japan and start making some money.