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Here We Go Again: North Korea Fires Artillery Shell In West Coast Waters, Kospi Drops

Tyler Durden's picture




 

From Reuters: FLASH - North Korea believed to have fired one artillery round in its west coast waters - South Korea's YTN reports. South Korea stocks turn negative, won extends fall on artillery fire report. And from BNO: N. Korea fires military round in west coast waters apparently as part of a drill - Yonhap via Reuters.

And from Yonhap:

SEOUL, Dec. 8 (Yonhap) -- A South Korean military official said sounds of distant artillery fire were heard on Wednesday from within North Korea near the tense Yellow Sea border.

No shells have landed south of the border or on Yeonpyeong Island, the site of last month's bombardment by the North, the official at the South's Joint Chiefs of Staff (JCS) said on condition of anonymity.

"We assumed North Korea was carrying out its regular firing exercises," the official said.

 

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Tue, 12/07/2010 - 22:06 | 787758 Pure Evil
Pure Evil's picture

Maybe we could get them to fire a round or two into Hudson Bay to see if we can get the same effect on the Dow.

Tue, 12/07/2010 - 22:42 | 787819 Aknownymouse
Aknownymouse's picture

Well - they did fire something off of California - but no one cared.

Tue, 12/07/2010 - 23:19 | 787894 MarkD
MarkD's picture

No..... that was a dude from OC that hired a biplane wanting to spell out "House For Sale.........Cheap" but ran out of smoke.

Wed, 12/08/2010 - 01:01 | 788100 samsara
samsara's picture

Come'on Wang said it was ChemTrails.

 

Tue, 12/07/2010 - 22:10 | 787763 mberry8870
mberry8870's picture

If a rocket off the coast of LA won't do it what makes you think on off of NY would do it?The market is impervious.

 

Tue, 12/07/2010 - 22:41 | 787817 Cursive
Cursive's picture
*Impervious for now.
Wed, 12/08/2010 - 00:33 | 788060 UncleFester
UncleFester's picture

Already priced in.

Wed, 12/08/2010 - 02:55 | 788182 redpill
redpill's picture

Agreed, Chinese ICBMs have been priced in for at least a couple decades.  Nothing a few more bill on the next POMO won't fix.  How did we ever have an economy before POMO anyway?  It's got to be the primary engine of job savingcreation in the country!

Tue, 12/07/2010 - 22:14 | 787772 CashCowEquity
CashCowEquity's picture

Nope, it was Bang Dae Ho giving it up to Sum Yung Gai

Tue, 12/07/2010 - 22:43 | 787821 Aknownymouse
Aknownymouse's picture

+1

Tue, 12/07/2010 - 23:02 | 787845 ReeferMac
ReeferMac's picture

LMFAO! Priceless....

Tue, 12/07/2010 - 22:19 | 787775 DisparityFlux
DisparityFlux's picture

Dip coming in 5, 4, 3, 2, 1 and now, fire.

Buy, Buy, Buy.

Scope up.

Tue, 12/07/2010 - 22:24 | 787789 plocequ1
plocequ1's picture

At this point, Nothing fazes me. I sit here eating my Pasta E Fagiole unfucking fazed. Life is good and then you die.

Tue, 12/07/2010 - 23:26 | 787912 merehuman
merehuman's picture

just shared my last can of dog food with grandma. Long straw gets to lick the can.

 

Tue, 12/07/2010 - 23:51 | 787966 Mr Lennon Hendrix
Tue, 12/07/2010 - 22:23 | 787793 jkruffin
jkruffin's picture

Forget Korea, where are the Wiki codes Assange promised us?

Tue, 12/07/2010 - 23:10 | 787865 John McCloy
John McCloy's picture

I think he is waiting to see what if any charges he is hit with. I do find it ironic though that they deny bail on Assange even though he has not been charged and essentially surrendered.

Wed, 12/08/2010 - 09:04 | 788334 Translational Lift
Translational Lift's picture

It's a holding ploy until Dumbfuck (oops) Erick Holder can manufacture something to get him extradited to the US.....

CAPTCHA must be feeling sorry for me....questions have been pretty easy lately.....

Tue, 12/07/2010 - 22:23 | 787794 Id fight Gandhi
Id fight Gandhi's picture

These guys just need to cut the foreplay and fight it out already.

Tue, 12/07/2010 - 22:26 | 787797 papaswamp
papaswamp's picture

cool! first time I tried to post there was 'guru meditation'....

either cycling old arty shells or military units are firing on each other as the regime collapses.

Tue, 12/07/2010 - 22:26 | 787798 Id fight Gandhi
Id fight Gandhi's picture

Oh look kospi is up. How bout that.

Tue, 12/07/2010 - 22:31 | 787808 gwar5
gwar5's picture

The Norks are just in severe need of attention.

Tue, 12/07/2010 - 22:53 | 787832 RobotTrader
RobotTrader's picture

Gold getting slammed again.

As usual, the first whiff of a financial catastrophe, a geopolitical blowup, etc.

Gold is immediately sold with a vengeance.

And the lemmings pile back into U.S. Dollars.

Tue, 12/07/2010 - 22:56 | 787833 Spalding_Smailes
Spalding_Smailes's picture

Got ' JOBS ' ?

 

Looks like a baby BIDU .... On a nice run.

Tue, 12/07/2010 - 23:13 | 787880 Bose Einstein OracIe
Bose Einstein OracIe's picture

I'd love to hear your prognosis for tomorrow morning.

Tue, 12/07/2010 - 23:19 | 787895 Hephasteus
Hephasteus's picture

Ya. The last place you want to be when shit hits the fan is holding gold. Everybody knows you only play with gold when the times are good.

How long have you not had a working brain? And are you aware that people notice?

Wed, 12/08/2010 - 02:07 | 788158 George the baby...
George the baby crusher's picture

Just because somebody might be misinformed, do you have to behave like an asshole?

Wed, 12/08/2010 - 07:16 | 788253 zhandax
zhandax's picture

He doesn't have to; around here it is considered a public service.  Time for baby to grow a pair...

Tue, 12/07/2010 - 23:35 | 787922 Teaser
Teaser's picture

you're an enigma, wrapped in a paradox, surrounded by a puzzle.

Tue, 12/07/2010 - 23:39 | 787932 HarryWanger
HarryWanger's picture

Only difference is now the market continues up even with gold selling off and the dollar getting some strength. Makes sense with all the good news regarding tax cuts, unemployment extension and some pretty positive economic news over the past couple of weeks.

I'm holding a large position in PMs and don't plan on selling any time soon but I'm bracing for a pretty sizable pull back as money works its way into equities and the dollar.

Wed, 12/08/2010 - 00:25 | 788035 LowProfile
LowProfile's picture

I'm holding a large position in PMs and don't plan on selling any time soon

LMFAO, you constantly tout the MOPE recovery...  But say you hold a 'large position' in PMs?  What the fuck!?

I'm starting to think you don't own a damn thing, and the only large position you hold is your dog's dick!

Wed, 12/08/2010 - 00:59 | 788096 tmosley
tmosley's picture

He's writing a dissertation on trolling "permabear" websites.

Seriously.  Akak posted the link this morning.

Wed, 12/08/2010 - 01:12 | 788117 Minion
Minion's picture

Lol

I'm not sure what's more hilarious - Teh Wanger getting the all time record for junks from a little  bullish propoganda, or Robot getting death wishes from Sheepdog for posting charts. 

You bears need to chill for a while, you know, hibernate.  You're wearing yourselves out, although it's the most entertaining aspect of this site - WHEN BEARS ATTACK. 

:D

Wed, 12/08/2010 - 02:08 | 788159 Delmar
Delmar's picture

How is unemployment extension good news? Good news would be jobs for the unemployed.

Wed, 12/08/2010 - 07:41 | 788271 StychoKiller
StychoKiller's picture

Yeah, but Pollyanna is getting gangbanged by Congress right now...

Tue, 12/07/2010 - 23:42 | 787939 nwskii
nwskii's picture

Why dont you (fuckfacetrader) and spalding_fuckface keep buying stock and US dollars, Ill buy silver and gold, in 2 years we will see who wins, it will be epic because you 2 morons will never show your face here again

Wed, 12/08/2010 - 00:02 | 787983 Spalding_Smailes
Spalding_Smailes's picture
Are you the moron that junk'd me a few months ago Lol' ..... Or after I bought X at $44 ... Lol'

 

 

 

by Spalding_Smailes
on Tue, 08/31/2010 - 18:35
#556538

 

Hope your right.

Bought Research In Motion

$42.60

Tue, 12/07/2010 - 23:42 | 787942 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Robo, PMs testing resistence, that is all.

Tue, 12/07/2010 - 23:03 | 787835 Atomizer
Atomizer's picture

Dispatch: France Courts Emerging Powers

STRATFORvideo | December 07, 2010 |Analysts Marko Papic and Reva Bhalla examine the geopolitical significance of France's diplomatic charm offensive toward emerging powers India and Brazil.US media talking heads spent alot of time on UN sanctions today. Problem, action, solution motives.

I Ran

http://www.youtube.com/watch?v=uUjIA3Rt7gk

Wed, 12/08/2010 - 00:55 | 788093 UncleFester
UncleFester's picture

'Lil Kim walking the lonely street of dream?  Sorry, the title got it stuck in my head.
http://www.youtube.com/watch?v=i3MXiTeH_Pg

Tue, 12/07/2010 - 23:06 | 787859 JJJones
JJJones's picture

Follow the Leaders:

One day in the future, Barack Obama has a heart-attack and dies.

He immediately goes to hell, where the devil is waiting for him.

"I don't know what to do here," says the devil. "You are on my list, but I have no room for you. You definitely have to stay here, so I'll tell you what I'm going to do. I've got a couple of folks here who weren't quite as bad as you. I'll let one of them go, but you have to take their place. I'll even let YOU decide who leaves."

Obama thought that sounded pretty good, so the devil opened the door to the first room.

In it was Ted Kennedy and a large pool of water. Ted kept diving in, and surfacing, empty handed. Over, and over, and over he dived in and surfaced with nothing. Such was his fate in hell.

"No," Obama said. "I don't think so. I'm not a good swimmer, and I don't think I could do that all day long."

The devil led him to the door of the next room.

In it was Al Gore with a sledgehammer and a room full of rocks. All he did was swing that hammer, time after time after time.

"No, this is no good; I've got this problem with my shoulder. I would be in constant agony if all I could do was break rocks all day," commented Obama.

The devil opened a third door.  He saw GW Bush crawling through the Iraqi desert, his hands and knees were raw and bloody.  He kept muttering: "I know those WMD's are here somewhere..."

Obama said: "No thanks, I cannot handle a dry climate very well."

The devil opened a 4th door. Through it, Obama saw Bill Clinton, lying on the bed, his arms tied over his head, and his legs restrained in a spread-eagle pose. Bent over him was Monica Lewinsky, doing what she does best.

Obama looked at this in shocked disbelief, and finally said, "Yeah man, I can handle this."

The devil smiled and said .. . . . .  
(This is priceless...)  
"OK, Monica, you're free to go."

Wed, 12/08/2010 - 01:40 | 788140 Al Gorerhythm
Al Gorerhythm's picture

NOooooooooo!

I've got that image in my head and it went straight into the long term memory bank.

Tue, 12/07/2010 - 23:07 | 787861 John McCloy
John McCloy's picture

Looks like the U.S. Called Nokos bluff regarding the drills. They will not be attacking any targets that could lead to war any longer. Mostly posturing at this point. They are not ad batshit crazy as I believed.

Tue, 12/07/2010 - 23:51 | 787969 Cdad
Cdad's picture

Dear John,

I am left to wonder when I read, "They will not be attacking...They are not [that] batshit crazy..."  Really?  I am left to wonder how you would come to this conclusion.

Respectfully,

Cdad

 

Tue, 12/07/2010 - 23:10 | 787867 Bose Einstein OracIe
Bose Einstein OracIe's picture

Might I refer you to the Central Banking for Dummies on this one? Surely the solution is Keynesian. 

 

Yes, page 2 reads:"In case of artillery, print 9 billion" 

Tue, 12/07/2010 - 23:17 | 787887 penisouraus erecti
penisouraus erecti's picture

+ 1

Tue, 12/07/2010 - 23:20 | 787899 The Real Fake E...
The Real Fake Economy's picture

Was in Seoul over the weekend and spoke to several people who said they are upset with western media, CNN in particular on how they are reporting the "supposed" tension.  They said they know things are not perfect between the 2 countries, but to try and get foreigners on edge about a full out war breaking out any second is bunch of propoganda and lies.  The locals could care less and they go about their lives like nothing, because up until now, truly nothing has happened.  They're upset that its hurting their tourism industry because now people in Japan and China are scared to go and visit.  Even the US state department hasn't added Korea on their do not travel list the way they have Guinea, Congo and Colombia on there, so sort of goes to show you, they don't consider it much of a threat. 

Tue, 12/07/2010 - 23:54 | 787977 Cdad
Cdad's picture

I have friends there.  Amazing the difference in their opinion.  What you have over the Northern border there is starvation.  How you get to that fact not being a threat, as shells are being lobbed about, is curious, indeed.

As for the state department and its travel list...are you f'n kidding me?  Is that the threshold for you?

Whatever.  I am sorry but your post strikes me as imbecilic.  Maybe you should use more words next time...

Cdad

Tue, 12/07/2010 - 23:27 | 787913 old john
old john's picture

Big Ben spends Billions to lower the dollar. China has their client state lob a 200 dollar shell and it counters Big Ben's moves. I bet Ben never even though of this. 

Tue, 12/07/2010 - 23:30 | 787916 goldsaver
goldsaver's picture

NorKo's actions are par for the course. They do this anytime they fell ronery. Usually they sink a boat or shoot across the DMZ and end up getting a few hundreds extra tons of grain as a consolation price for been offended at whatever the hell they pretended to be offended.

Tue, 12/07/2010 - 23:39 | 787930 Bose Einstein OracIe
Bose Einstein OracIe's picture

Operation Hemorrhage continues. 

Tue, 12/07/2010 - 23:39 | 787933 docj
docj's picture

Weapons of Mass Distraction: http://neithercorp.us/npress/?p=960

Tue, 12/07/2010 - 23:45 | 787949 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

What are Pamela Anderson's boobs?

Tue, 12/07/2010 - 23:57 | 787982 Cdad
Cdad's picture

Go to yahoo where your Chinese friends are in number.  They are waiting for your dumb a$$.

Respectfully,

Cdad

Wed, 12/08/2010 - 00:03 | 787998 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Respectfully?  Don't mock me.  And why are you name calling?

China was/is a CIA front, and they are involved and perping the FIAT ponzi as all the fascists are. 

Wed, 12/08/2010 - 00:10 | 788011 Cdad
Cdad's picture

You are a fucking moron.  Good luck with the perpetual struggle of inhaling and exhaling.  Why?  Really?  What are your testicles?

Disrespectfully,

Cdad in your fucking stupid, Hong Kong face...

Wed, 12/08/2010 - 00:25 | 788023 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

You bring nothing to the content of this site.  Go be mean somewhere else.

Wed, 12/08/2010 - 00:27 | 788038 Cdad
Cdad's picture

I asked you a question you little Hong Kong fuck!  What are your testicles?

Answer, little Hong Kong!  Answer...or leave here. 

Cdad in your little face...

P.S.

I don't give a shit about what you think I do not bring to the content of this site...but rather take it as part of my mission to run little piss-ants like you out of serious convos...so deal...and answer the question.

Wed, 12/08/2010 - 00:34 | 788062 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Ask me if I care.

Wed, 12/08/2010 - 00:40 | 788076 Cdad
Cdad's picture

Wow!  What a resonse [typical]!  You should probably just go ahead and sign up for a new user name.  I have your bag, your tag, and I know EXACTLY what you are, you little sticky rice ball.

Tell you what, I'll let you know if I have something that needs reverse engineering.  Until then, take a deep breath and hold it.

OK?  Do you care?

Cdad flaming little Hong Kong

Thu, 12/09/2010 - 02:38 | 791707 Hephasteus
Hephasteus's picture

Did you seriously just get angry at someone who isn't chinese for being chinese. Now that's a new kind of seriously fucked up.

Wed, 12/08/2010 - 00:36 | 788064 Rusty Shorts
Rusty Shorts's picture

Hey fellas, what about that fucking FDR? writing himself a $2,000,000 check when he declared a Banking Holiday back in '33, fucking eh.

http://en.wikipedia.org/wiki/Emergency_Banking_Act

 

Read down the list, this is the power we face.

Wed, 12/08/2010 - 00:42 | 788078 Cdad
Cdad's picture

...eh?

Wed, 12/08/2010 - 08:14 | 788299 New_Meat
New_Meat's picture

Rusty, money directly to the President?  Was it the '34 election where the Republicans were well ahead, but Farley and crew were well funded with "walking around money" and there was significant shift in the last weeks, resulting in large D wins.

Was this proto-TARP?  Proto-Porkulus?  Where is all the unspent "stimulus" money?

- Ned

Wed, 12/08/2010 - 00:24 | 788032 CitizenPete
CitizenPete's picture

Thanks...  Need an RSS feed or email list for that site.  Excellent stuff IMHO. 

Wed, 12/08/2010 - 07:48 | 788276 TheDriver
TheDriver's picture

You mean like this one?

http://neithercorp.us/npress/?feed=rss2

Tue, 12/07/2010 - 23:39 | 787934 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Would somone please tell NKO that the US is about to collapse under its own weight.  Instead of firing rockets, just buy silver, jeesh!

Tue, 12/07/2010 - 23:43 | 787945 docj
docj's picture

+28.76

Tue, 12/07/2010 - 23:51 | 787961 Atomizer
Atomizer's picture

FRANKIE GOES TO HOLLYWOOD - Two Tribes

(1983) - Worth a watch. Nothing has changed over the years, except the determination to forge a vision from 1913.

http://www.youtube.com/watch?v=RTOQUnvI3CA

A bank document leak will neuter the establishment. I don't think the Change & Hope campaign was intended to end this way. Time is always on our side.

Tue, 12/07/2010 - 23:54 | 787976 Oh regional Indian
Oh regional Indian's picture

One shell? Such a joke.

Is this supposed to convey the hair-trigger tensions on the Korean Peninsula?

They've clearly got the SKites by the short hair.

And the won lost!

Ironic.

ORI

http://aadivaahan.wordpress.com

Tue, 12/07/2010 - 23:56 | 787980 omi
omi's picture

North Korea figured out how to feed its people. After a rally, they short KOSPI and fire a shell.

Wed, 12/08/2010 - 00:18 | 788020 CitizenPete
CitizenPete's picture

Just more taunting...   But in this case they (the EE) won't just "run away"!

 

Imagine the same scene but with dogs instead of cows...

http://www.youtube.com/watch?v=Qa0cz2V_VqU&feature=fvst

Wed, 12/08/2010 - 00:29 | 788046 MountainMan
MountainMan's picture

bang da ho, bitchez.

Wed, 12/08/2010 - 00:33 | 788057 Atomizer
Atomizer's picture

SK wants to merge with NK to be closer to Russia. If that doesn't work, Obama will be told to sever ties with Taiwan.

Wed, 12/08/2010 - 00:38 | 788073 walcott
walcott's picture

Pearl Harbor Day today. December 7, 1941. 

So probably still 10 years away from any major global throwdown.

1929 first great depression

1941 US enters war WW2 

2008 second great depression.

2020 WW3?

No mention on Fox or CNBC. About Pearl Harbor today.

 

Wed, 12/08/2010 - 00:53 | 788087 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

No mention on Fox or CNBC. About Pearl Harbor today.

Good observation.

Wed, 12/08/2010 - 01:56 | 788150 NOTW777
NOTW777's picture

not true re fox

Wed, 12/08/2010 - 00:44 | 788074 palmereldritch
palmereldritch's picture

Japan should just say fuck you FRN and position the yen as a silver certificate.  Hell, they could buy half of Bolivia with a handful of their savings... Now there's a rake that would take out a few legs

Wed, 12/08/2010 - 00:47 | 788082 Iranian Dictator
Iranian Dictator's picture

Wow. Anyone notice the AUDJPY/ES spread. 10 ES points wide. Free money!!!!

Wed, 12/08/2010 - 01:03 | 788103 williambanzai7
williambanzai7's picture

Wed, 12/08/2010 - 01:26 | 788128 palmereldritch
palmereldritch's picture

He's a star

Wed, 12/08/2010 - 11:34 | 788799 goldsaver
goldsaver's picture

You slay me dude!!! Probably smells like kimchee too.

Wed, 12/08/2010 - 01:46 | 788142 Beau Tox
Beau Tox's picture

Someone told me today that I look just like Kim Jong Il.

 

Wed, 12/08/2010 - 02:04 | 788155 williambanzai7
williambanzai7's picture

LOL ;-)

Wed, 12/08/2010 - 02:03 | 788156 hugovanderbubble
hugovanderbubble's picture

N.korea and Iran , Venezuela, Siria+Libya....US nightmares...

Wed, 12/08/2010 - 02:27 | 788167 Tell me lies
Tell me lies's picture

HEADLINE

North Korea is pissed that Berjewnake did not extend them a lifeline. Feeling left out, Kim Jung jr is dry humpping his Henry Ford doll. He wants to know why no cash for them.

Wed, 12/08/2010 - 03:25 | 788193 The Answer Is 42
The Answer Is 42's picture

One lonely shell, and look at the hypervetilation. You people disappoint me.

Wed, 12/08/2010 - 04:07 | 788200 Captain Courageous
Captain Courageous's picture

NORTH KOREA: the ass-hamster that roared.

Wed, 12/08/2010 - 10:07 | 788462 Crispy
Crispy's picture

Someone mail those freaks a check already.

Do NOT follow this link or you will be banned from the site!