European and Asian market and S&P futures have resumed their slide, as geopolitical tensions between North Korea and the U.S. spiked again overnight after Pyongyang responded to the latest set of warnings by Trump, revealing a plan to fire 4 ballistic missiles at Guam by mid-August. Gold gains for a third day while Brent rose above $53.
So much for Rex Tillerson's tepid attempt to de-escalate Trump's "fire and fury" statement.
Moments ago, the state run-KCNA news agency issued a statement in which it cited a commander of the Korean People's Army according to whom President Donald Trump's threat was a "load of nonsense," it failed to grasp the "grave situation," and said that "sound dialogue is not possible with such a guy bereft of reason and only absolute force can work on him," referring to Trump’s comments about unleashing "fire and fury."
Authored by Brandon Smith via Alt-Market.com,
It appears the mainstream media propaganda machine is working...
Secretary of State Rex Tillerson’s assurances this morning may have been in vain: A new poll shows that most Americans believe North Korea poses a serious threat to the US, and an even larger number fear the restive state could pull off a successful nuclear strike.
Authored by James Durso via TheHill.com,
The United States and the Republic of South Korea have, until now, had identical interests in the Korean peninsula: defending against a North Korean attack on the South, and keeping the North’s regime at bay until it collapsed from internal contradictions.