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Geopoltical Update: South Korean Ship Likely Hit By North Korean Torpedo, Emergency Security Meeting Held In Seoul
The latest update comes from Reuters:
UPDATE 2-S.Korean navy ship sinking, North suspected-media
SEOUL, March 26 (Reuters) - Several South Korean sailors were killed and one of its naval ships with more than 100 aboard was sinking on Friday after possibly being hit by a North Korean torpedo, South Korean media reported.
A South Korean vessel fired at an unidentified vessel towards the north and the South's presidential Blue House was holding an emergency security meeting, Yonhap news agency said.
South Korea's YTN TV network said the government was investigating whether the sinking was due to a torpedo attack by the North.
The network also quoted a government source saying it was unclear yet whether the incident was related to North Korea.
"We are currently focusing on rescuing people," the source said.
The incident took place near a disputed Yellow Sea maritime border off the west coast of the peninsula that was the scene of two deadly naval fights between the rival Koreas in the past decade.
Local media reports said at least 59 South Korean sailors survived the attack and an unknown number appeared to have been killed or were missing. A rescue operation was under way.
Navies from the rival Koreas exchanged gunfire for the first time in seven years in the Yellow Sea waters in November, damaging vessels on both sides.
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"Remain calm. All is well."
< /Kevin Bacon >
Unidentified ship? In one of the most watched waterways in the world?
"Remember the Maine"
http://en.wikipedia.org/wiki/USS_Maine_(ACR-1)
Hispano-American war. Did a project about this on 6th grade. As a puertorrican, I've always been gratefull about been part of the US. I even wanted to become a state. After becoming aware of reality, f*** no. We will keep the relationship as-is as long was we can. When the time comes to decide (if it ever comes), I'll have to choose independence. I don't want my kids paying for the mess it has been created in the last decade.
So this is bullish for the market right? All news is good news? War is good for profit.
War means rally!
Well anything means rally these days......
watch gold :)
Well, if a 13 dollar spike is all this encounter is worth, it'll take WW3 to send it back to previous highs.
I'm talking to myself. I'm bored.
it would already be there if it werent for jp morgan and their gargantuan short position.
Yes, the short position that they've had since 2002 according to some gold articles on this site.
And yet, even though they "manipulated" it for eight years "downward", it still went up 300%!
Don't you know that when people manipulate things downward they go up?
Sheesh!
And of course, it's only manipulated on the 15% of days that it goes down.
Then the manipulation magically stops for the 85% of days that its up.
Oh my god, what a spooky phenomenon.
And you, 100% if the time, manipulate yourself.
It's up because gold is traded worldwide. If there weren't an asian market, you can bet gold would be hovering around $45 an oz right now.
But that's fine. Ignore all the evidence, and persuade everyone you can that owning gold is only for lunatics. Then there will be more for me, and at a better price.
I will look kindly down upon you when you are one of the endless multitude of beggars in the streets, those who didn't see the crisis coming, and were left with nothing but worthless paper, or electronic promises of worthless paper. I might even give you a slip of silver so you can eat that week. Of course, if I recognized you for one of those PM perma-bears, I'd make your stupid ass dance for it.
I will look kindly down upon you when you are one of the endless multitude of beggars in the streets
I wont
Whooop, Whooop Whooop
Whooop, Whooop Whooop!
Now here this! Now here this!
All hands, All hands
Wanker alert! Wanker alert!
Man cone of silence stations! Man cone of silence stations!
Too late!
We've been hit.
Let's pray this is not a prelude to war between the Koreas as it may be a spark for WWIII, and it likely wouldn't stay "conventional" for long. All the gold in the world won't make a difference if your inhaling radioactive isotopes
ehh ... they've been shooting at each other for years. They have been shooting at us too (the Pueblo incident) and more than a few people have been killed. It won't amount to anything unless someone gets an itchy trigger finger this time.
To make this nuke the N. Koreans will have to drag one of their two nukes (which probably will be a dud anyway) by horse sled down south and try to sneak the damn thing, which is about the size of a Ford F150 but not nearly as mobile, across the border or at least close enough to something to scare more than a few wildlife.
A conventional war scares me more as the US has about 40k troops near the DMZ.
I didn't realize it until today, but there is no "Peace Treaty" between the North and South; there is ONLY a "cease-fire" or truce.
The fashion-for-the-day for the war-mongering MSM is boner-bulging pants and wet-stained panties. The rosaries will be stroked in overtime in hopes of escalation. Such is the religion unto the day.
And Israel must be furiously jealous, right about now.
http://www.haaretz.com/hasen/spages/1159409.html
Hurry get some US aircraft carriers over there, oh nevermind they don't have any oil.
...or poppies.
Pretty soon California type IOUs will be used to pay for the oil. Wonder what happens when that day comes.
Sorry. The governator has other plans for California's imaginary money.
California gov signs homebuyer tax credit billSACRAMENTO, Calif. - Gov. Arnold Schwarzenegger on Thursday signed a bill aimed at selling California's vacant homes and encouraging new construction by extending a $10,000 state tax credit for first-time homebuyers.
http://www.cnbc.com/id/36051358
Desperate measures for desperate times.
I'm seriously considering getting me and my family out of this state. What a mess.
Wonder what happens when that day comes.
depends on whether you're looking at the business end of the gun or you're the one with your finger on the trigger.
Are you kidding? We pay with IOU's now.
California-type IOU's (known as FRN's) are already being used to pay for the oil today. Fairly soon Gulf States will require settlement in Gold.
Wonder what happens to the POG when that day comes?
Yeah, makes you wonder why we've had over 25,000 soldiers stationed there for over 50 years, doesn't it.
This comment might have some bite if we didn't have US soldiers protecting South Korea continually since 1945, even without oil or poppies.
And with all of those smart bombs and bunker busters sitting in the glistening sun on that little island, waiting for some place to go.
I am going long that the torpedo came from one of our subs. After all, remember back in Clinton's days when, after one our subs ran into a Russian ship while stalking it, another of our subs in the area sunk the Russian ship thinking it had attacked our sub?
My thought as well. Too timely a distraction . . . yet interesting that N. Korea is on China's doorstep.
What really made it humorous was that Clinton had to pay for the ship, so he forgave a Russian debt of about $50 billion. It was the second time in his tenure that we ran a sub into a Russian vessel.
It would not surprise me if the order was to hit ship B today and ship A looked like ship B on radar.
Buy! The banks are back in business!
And what about the coverage about the clashes between Israel and Palestina??
http://english.aljazeera.net/
Thats under control we are negotiating peace for the billionth time. I think its really gonna work this time.
The Dear Leader has been losing his grip over the malnourished and impoverished masses, and the outlook for "Son of Dear Leader - the second sequel" is dire. Clearly, he had to press the fear button to keep the peasants distracted from thinking about how inept their government was.
Yes, the bark is growing scarce.
Seems a little too easy to view it that way. Wouldn't this rationale also apply equally well to the US? Hell, S. Korea may have been the player who drew the short straw on this operation.
You talking about N. Korea or the US?
Other people fighting means flight to safety (not to be confused with quality) and the USD.
Europe...sucks to be you.
I get a feeling it's going to suck to be anyone pretty soon. But yes.
is it the reason why robots turned on the de-risking punchline making yet another 200ml day for GS possible ?
Can't allow a significant (or not) development go to the garbage.
Did you say you wanted a yuan revaluation? Suck on this for a while.
So ronrey...
curiously enouth:
A-10Cs Pointed Towards North KoreaMarch 20, 2010 -
http://www.strategypage.com/htmw/htairfo/articles/20100320.aspx
there might have been a build up in the N Korean ground forces on the border, why else would we sent ground attack/tank busting airgcraft in there?
Good thing we've had troops stationed there for the last 50 years at taxpayer expense.
You never know when this sort of thing can happen! God forbid countries defend themselves.
Agreed x 100.
We should have withdrawn the moment they banned our beef. (lol) K, we should withdrew anyway, especially from the EU.
at the risk of sounding old-fashioned and simplistic:
"Peace, commerce and honest friendship with all nations; entangling alliances with none."
- Thomas Jefferson
This taxpayer expense you speak of is a means to control the future, not a bad form of insurance for your citizens. Would a more educated country or a superior national infrastructure or energy independence be better insurance? Sure, it's morally superior, but moral superiority gets you in refuge camps (or concentration camps, depending on your team's colors).
A-10Cs are based there. They are always there. North Korea is a joke.
Baengnyeong Island is the highlighted spot in the upper left of this map. You can see that this island is outside the territorial waters of N.Korea but it is quite a distance north of the DMZ. So even if the S.Korean boat was outside the dotted line (and I'm sure they were), its apparent why their presence would chafe the N.Koreans.
http://en.wikipedia.org/wiki/File:Baekryong_location_2.svg
It would be cool if anyone knows people in Seoul and can give us an update on what the mood in the street is :)
they are all inside playing MMORPGs and couldn't care at all... you think sheep only live in the USA?
So, would this mean that the truce (technically) is over?
I'll take "What was the ruse used to start WWIII for a $1000 Alex?".
+10
Geez, What a morning...
My brother was stationed in Seoul just last year. From his stories, the NK-SK tension is palpable.
KJI is a freak, and a very useful freak for China. And fully at their disposal for whatever purpose, including sabre-rattling over currency revaluation and trade barriers.
50% of military strength is to protect your borders. The other 50% is to protect your interests (social, economic, dogma, etc.). Let's not be naive about such reality, and necessity.
There is no way the globalization genie is going back into the bottle, willingly.
word man, thanks
I'd /tend/ to agree, but taking out a whole ship? Ehhhh...even that's a bit extreme for the ol' Kimmer. If there's one thing Koreans are, it's proud, and short of this being some kind of freak accident, I doubt they'd let something like this slip without a public apology or retaliation of some form. Correct, they treat the North like a distant, albeit confused, relative and have learned to tolerate a certain level of bullshit, but I think this crests the floodline given the 20+ million people living 34 miles from the largest military buildup in human history. If you listen closely, I'm sure you can hear several DAL/KAL flights abruptly change their approach path.
I mean, hell, they shut half the country down last year/year before over US Beef imports. I guess we'll just have to see what happens.
And if we have to we kill our own. USS liberty under Johnson. Under israel attack, napalm, torpedoed and life boats strafed. Johnson ordered planes coming to our boys rescue , to turn around and NOT help. Research pays off in freedom from lies. Thanks to you all.
North Korea's military accused the United States and South Korea Friday of trying to topple the Pyongyang regime and said it was ready to launch nuclear attacks to frustrate any provocations.
The military General Staff cited a South Korean newspaper report as evidence of "desperate moves of the US imperialists and the South Korean puppet warmongers" for regime change.
"Those who seek to bring down the system in the DPRK (North Korea)... will fall victim to the unprecedented nuclear strikes of the invincible army," a General Staff spokesman told the official Korean Central News Agency.
http://www.google.com/hostednews/afp/article/ALeqM5hggBA1Xa1MUHOGuDz108h...
Yada, yada, yada,... bang.
They've been listening to old Saddam Hussein speeches for inspiration. LOL. I can see it now, they dig him out of a hole in the ground and he pops up and says, "my name is Kim Jong-il and I am the President of North Korea."
but they HAVE nukes....
Maybe not so serious.
http://www.stuff.co.nz/timaru-herald/world/3515432/Korean-ship-sinks
Seems suspect
"An unidentified reason caused a hole in the ship, which led to its sinking."
ORLY??
Better get Hans Brix over there.
http://www.youtube.com/watch?v=b49Iwfp8U-U
What the ship crashed into a passing north korean torpedo?! Hope the ship's captain is fired!!!
What I find bizarre, even from a PR point, is their inclusion of the "unidentified vessal" at all. If the talking point is to obscure the origin of the ship's sinking, why even include the "shadowy bogey" that just happened to be in the general vicinity, and was fired on prior to the "event?" Why not say something to the effect of "A South Korean vessal had an ordinance explosion in it's weapon's cache resulting in the ship sinking" if the desired impression is to dissuade direct North Korean involvement? It's not like reporters/witnesses representing the AP were on the SK vessal or were whale watching a couple hundred feet away.
My conclusion is that the attacking vessal was most likely a Chinese vessal or the SK vessal was undisputably in NK waters. Given the area where the event supposedly occured (North/South deviding line of Yellow Sea), includes China (a Chinese pinnesula juts outs into the Yellow Sea right on the deviding line) in my thinking. Seems JP and Goldman are fiending hard for fresh war watching the markets, too bad it wasn't a confirmed NK attack; could have hit some nice Friday TPs :)
Forgot to add: Did anyone see the purported size of the SK ship that was sunk?! A 1,500 ton corvette class vessel, not some dinky patrol boat! It was also another SK ship, the Sockcho, that fired the "retaliatory shots." The SK ship sunk was either a Pohang (more rare: 22 vessels) or Chamsuri (80 vessels) class patrol boat.
I cannot believe the double-speak. We are truly living in 1984. Some facts to consider.
1) The ship sunk is a corvette/frigate. Think of it as a rather large destroyer with 150 sailors. That type of warship has multiple compartments and is a pretty tough cookie. In theory a frigate should even be able to take multiple torpedo hits. Think USS Cole.
2) Powder room explosions in modern ships are extremely rare and have been so for some time. Naval shell propellants are much more stable. Gun powder is always kept in a separate armored powder rooms / magazines below the gun turrets. The guns should by procedure and design always fire when the ammo belts connecting the two are closed. Almost impossible for sparks to fly. Even if that happens modern magazines tend to be much smaller than they once were. Cannon fire is just less used (missles are kept in their tubes in separate areas above deck). Furthermore, magazines are designed to redirect the explosion upwards. (It is always preferrable to blow the ships deck than have a hole below the water line) I also doubt that a ship on routine patrol was even fully loaded with ammo. In summary, a powder room explosion would have killed the entire gun crew, and made a nasty gash on the deck but would not have sunk the ship.
3) The ship or a nearby ship (contradictory reports) fired on a "flock of geese" due to its "radar signature". First, frigates don't really have the calibers to fire beyond the horizon. (Anything beyond the horizon is shot at with missles) If they fired at it, be sure it was visible with binoculars. Further, in this type of theatre, the rules of engagement would require actually sighting the target before ordering warning salvos and then an actual shot. Somebody saw something they did not like.
4) A very large mine could in theory sink a frigate. However, the idea that it is a leftover from the Korean War is preposterous, they would have rusted to the bottom of the sea by now. If it was a mine it was recently placed there and would be by itself an act of war
In short South Korea was attacked today.
Somewhere in a thread, over last couple of weeks, musings appeared re: Beware of
false-flag attack...
Just curious...HAARP..??
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