Goldtent TA Paradise

The Kim Factor

1. YYZ says:

   September 4, 2017 - 1:50 am at 1:50 am

   Down a full % at the moment but not too bad. I credit to direct CB support (which one US EU BOJ, I’ve no idea). Uncharacteristically since Jan ’17, both gold and Nikkei are at higher levels so my equilibrium idea has been support for Japanese equities is the factor that is over extended (will eventually mean revert relative to gold as CB buying becomes exhausted – how long have I been thinking that though DOH :/ ). War threat, demographic or credit collapse, – without another large CB direct equity intervention the fragile NIK225 is high risk for faith in CB models – it’s buy or die for them.

   Best case for humanity short term.
   China invades NK or removes Kim/leadership via coup, Japanese Nikkei goes up huge on CB buy attack and relief/stability rally, Gold temporarily reverts to 1225-1250 range. Heck – for China this sounds like a win-win but they must first be truely convinced of the WAR alternative that the West will ACT (convincing is now in progress). At this point China is calling the US’s bluff that they will not attack NK, maybe the US will attempt an intercept of an NK launch to show that it isn’t.

   Also, maybe we won’t be so ‘entertained’ while eating popcorn after all.

   • Marauder says:

     September 4, 2017 - 6:09 am at 6:09 am

     I very much doubt China will want to invade DPRK and put themselves at the frontline facing off S. Korea and US forces…DPRK as a buffer state will suffice. They used to have the change of leadership option in Kim’s elder step brother until he was assassinated in Malaysia. Seriously I think this DPRK drama is over-hyped. Both sides really need to back-off and go back to the negotiating table with realistic expectations. And US will do best dealing with the flood in her own backyard rather than escalating another conflict now.

2. Music Man says:

   September 4, 2017 - 4:51 pm at 4:51 pm

   I am extremely concerned about this DPRK situation.
   It’s not as simple as Hitler invading Poland. We could end up with gold at some gawd awful price with nothing to buy with it.

   Are we really just smart monkeys?

   What is really going on here? WHO IS REALLY BEHIND THIS?
   I am quite surprised that China has not executed a coup d’etat.

   I have bad feeings about this.