Gold sees safe haven gains on trump “fire and fury” threat – one news page us dollar exchange rate indian rupee

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Just a few months ago President Trump offered an olive branch of sorts to North Korean dictator Kim Jong Un aed usd exchange rate. In a series of interviews Trump referred to Kim as a ‘pretty smart cookie’ and one who he would be ‘honoured’ to meet.

Shortly after Kim Jong Un seemingly batted the olive branch away when he issued the following statement through state media, ‘… the most perfect weapon systems in the world will never become the eternal exclusive property of the U.S. … the U.S. should not … disregard or misjudge the reality that its mainland and Pacific operation region are in (North Korea’s) sighting range for strike.”

"He has been very threatening beyond a normal statement currency converter xpf to usd. And, as I said, they will be met with fire, fury, and frankly power, the likes of which this world has never seen before."


On Saturday the UN announced fresh sanctions on North Korea adding binary. On Monday the US released pictures of a bilateral strategic exercise around Guam.

In the past the world has been reassured that North Korea’s bark is far worse than its bite due to the lack of technology which allowed the regime to build dangerous missiles.

A report by the Washington Post, which cited US intelligence officials, suggested North Korea is developing nuclear weapons capable of hitting the US at a much faster rate than expected.

‘The KPA Strategic Force is now carefully examining the operational plan for making an enveloping fire at the areas around Guam with medium-to-long-range strategic ballistic rocket Hwasong-12 in order to contain the U.S. major military bases on Guam including the Anderson Air Force Base in which the U.S. strategic bombers, which get on the nerves of the DPRK and threaten and blackmail it through their frequent visits to the sky above south Korea, are stationed and to send a serious warning signal to the U.S.

It should immediately stop its reckless military provocation against the state of the DPRK so that the latter would not be forced to make an unavoidable military choice.’

In the run up to this situation all eyes have been on Russia and China who ultimately hold the most responsibility for handling relations with North Korea mortgage meaning in tagalog. Both countries are economically tied to the dictatorship and could have influence over Kim JI.

The problem here is that the United States does not want to be seen to be too reliant on the wannabe super-powers of the East, despite this being their only (peaceful) option eur usd chart investing. There are many things to be gained here by both Putin and Xi Jinping.

Whilst both have supported the latest round of sanctions, it seems at the moment their calls for calm are falling on deaf ears as all sides work to show off their strengths.

This is something worth paying attention to stock superstock. Regardless of how North Korea vs Trump unfolds, the other side of this scenario will no doubt present a very different set of new world powers as countries set to take advantage of a distracted, divided and bankrupt United States.

This is unfortunately likely to be the beginning of yet another war of words, we expect this to affect gold prices positively as we move towards the end of the week.

Gold prices benefit from such situations partly because of the precious metal’s historical role during times such as these but also because it thrives when there is uncertainty binary hexadecimal chart. No one can argue there is no uncertainty when two countries are turning their nuclear weapons towards one another.

Unsurprisingly the heating up of the situation with North Korea has pushed ‘issues’ such as US labour data and inflation data to the bottom of the agenda.

This should serve as a timely reminder that it is the bigger picture which is important when it comes to economics and finance binary to octal conversion. Whilst economic data such as employment figures are important, it is what the global picture and geo-politics looks like over the long-term which will drive safe haven assets such as gold and silver.

Unfortunately some form of military conflict looks increasingly inevitable and is unlikely to have a happy ending rbi forex rates. Savers and investors should take note of this increasingly unstable situation and place their wealth into assets that perform well in times of uncertainty and indeed war, safe haven assets such as gold and silver.


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