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North Korea Attacks South Korea Yellow Sea Island, South Korea On Highest Non-Wartime Alert In Response, USDJPY Goes Parabolic
Update: South Korea has scrambled F-16 jets to its west coast.
It is time to see just how much WWIII is priced into this market. WSJ reports that the Koreas may have just crossed the line:"North Korea fired artillery at South Korea's Yeonpyeong island in the
Yellow Sea off the countries' west coast Tuesday afternoon, setting
houses on fire. South Korea returned fire, according to residents on the
island speaking on South Korea's YTN television network. A spokesman for South Korea's joint chief of staff confirmed the
exchange but didn't have details except to say "scores of rounds" were
fired by the North." The response: S. Korean military says it is on highest non-wartime alert after the North's shelling of island.
More from the WSJ:
The artillery—more than 50 rounds, according to island residents speaking on YTN—was fired from positions south of the North Korean city of Haeju.
The attack started at 2:34 p.m. local time, according to residents who were speaking on the TV network. There were no immediate reports of injuries.
About 1,200 people live on the island, which is 10 kilometers south of the tip of North Korea's south coast.
The attack is the second by North Korea this year against South Korea in the maritime border area of the Yellow Sea. In March, a North Korean submarine torpedoed and sank a South Korean warship near an island about 40 miles west of the island that was hit Tuesday.
And these tidbits coming in from Reuters:
- Witness says power failure on South Korean island hit by shells; Residents evacuated to bunkers
- Television pictures show at least four plumes of smoke from S.korea island
- Witness says shelling continues on S.Korea island, a few houses have collapsed
...This pearl:
- S. Korean military says it is on highest non-wartime alert after the North's shelling of island
And let's not forget this:
- S.Korea top presidential aides meeting in underground bunker at presidential compound
Yen goes parabolic on the news:
In other news Netflix prepares to trade at one trillion forward PE as recently uncovered North Korean centrifuges are about to be put to the ultimate test.
Real time video feed from Al Jazeera:
Follow the latest news on Yonhap.
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Decent YT report here: http://www.youtube.com/watch?v=pPh_8drdhH4
I would not trust any of these reports of the bat. The ICBM off CA, then the nuke facility and now this. And Oh, news camera in just the right place to get pictures to prove the lie. Someone is trying to get our attention off the economy.
I would treat this as created lies until proven otherwise
Probably was North Korea. But everyone takes for granted that it was them, I know they get uppity sometimes in order to be given more foreign aid, but sinking warships and outright shelling of South Korea would be going a little far.
And the U.S+friends have a long history of false flags. Interesting times to say the least.
Meanwhile the hard hitting issues on MSNBC this Morning:
1) Bristol on dancing with the stars
2) New TSA video and one bobblehead telling people to shut up and let them make us safe or drive to your destination
3) Politico shows their non-biased by claiming the President needs to just say "Hey we saved the economy everyone"
4) Previous bobblehead hatches plan for President to do the victory laps with the auto motor CEOs.
God help us. Oh and if you thought we would have some reprieve when Dancing with the stars ends tonight..think again. They are on it.
http://abc.go.com/shows/skating-with-the-stars
lead story on the Today show - the royal wedding
Barf.
Talk about an archaic approach, why not do this?
http://nanopatentsandinnovations.blogspot.com/2010/11/out-sniffing-bomb-...
WSJ online did mention that treasuries are up do to save-haven investors. No mention of POMO, or of the Fed surpassing China to become largest owner of US sov debt.
I don't trust Wikileaks any more. Very wary of possible agenda manipulation.
ya think?
Wikileaks is an arm of the CIA.
Then why do they keep releasing documents that are hurt the war effort? They show the US murdering civilians in Iraq, and the Taliban gaining control over Afghanistan. What good does that do for anyone in charge?
People don't seem capable of critical thinking any more. They just default to "CIA did it" conspiracy theories.
tm, dis-information is 80% information, but that is the run-of-the-mill variety.
It's the 20%, strategic placed (and designed by the way, please look up Edward Bernays, the story of the nurse in the Kuwaiti hospital who saw "horrible" Eye-raqi soldiers baynoneting little babies etc.). that can change public opinion.
If not change then guide. If not guide, than at least de-flect.
It's like an advertisement. 80% of it is true, but the basic premise (car will get you laid, sexy undies will find you prince charming etc.) is blatantly false.
Or so is how I've seen it work. Every day.
ORI
http://aadivaahan.wordpress.com
Remember when 'Marla' asked Julian Assange to gift Wikileaks to Zerohedge? LoLz. He put her on ignore.
You have to appreciate how the minds of the federal government work. Control the leaks.
The USD/YEN back to pre parabolic levels..all is good, go back to sleep.
http://finviz.com/fx_image.ashx?usdjpy_m5_l.png&rev=634260908149764050
They were waitnig to get talking points refined by DC
TSA gets free pass for anal probing...thanks Korea
If all you guys would just head to the airports in speedos and ask for the full pat-down... I'm sure this policy will end QUICK.
How do you flag junk as junk?
LMAO - dunno about all u guys but my natural reaction is to sell Gold ! Thanks JPM!
It's easy- touch it!
Done.
I just touched your junk, uh, I mean, inspected your package, uh, uh. Nice avatar. Is this on line sex?
You have clearly been groped quite a bit already. Mine is number 6.
Didn't you hear? Harry Wagner courageously stepped into the DMZ with peace offerings in the form of Netflix and Apple shares and has quelled the artillery fire. Reports are he told Kim-Jong he can cure all economic ills in North Korea by selling off the millions of Hennessy cases Kim-Jong hold in reserves and converting them into shares of Deckers Outdoor because of the reflation trade.
06:42 11/22/10 NOKO KIM JONG-IL: SOUNDS LIKE A PLAN EVERYONE IS IN ON HARRY.WHAT COULD POSSIBLY GO WRONG
I'm on my way to South Korea for a state visit.
Will cruise around in an open Landau too, people love my Handlebarmoustache.
hrh ADF
Fantastic. I wish I would have thought of this. I'm jealous.
Will you leave me your frequent flier miles?
North Korea is controlled by Bush & Clinton
Here's an incredibly interesting video series by some guys that bribed a North Korea consulate to let them into N. Korea. They were allowed to cross the border from China and spent several days there as guests of the state. It's jaw dropping and fascinating what they find. Worth the 30 minutes or so to watch....but having to fire up a new video every few minutes is a pain in the ass.
http://www.vbs.tv/newsroom/vice-guide-to-north-korea-1-of-14
vbs sucks ass.
When the going gets tough, the "so called" ruling class creates a war to distract the peasants.
We can't intervene without pissing off China
only measured intervention on our
part. I say force a split of the desputed island and give one half to each country. That would be the best solution.
Just like we did with the Korean peninsula? That's worked out well.
wow what a morning. If shooting starts between humans all bets are off.
all this for a little rice....
Nuke them till they glow and shoot them in the dark!!!!
China is the real problem. Cut trade with China, and arm Japan, Taiwan, and South Korea with nukes until the NK nuts are dead.
What a disgusting avatar, buzz. What the hell is that?
god damn man, don't be coming around here until you put some clothes on. Homo limpus doofus.
Aww, pretty buzzsaw99 baby. Don't you recognize the spout from which you sprang?
Assfire's avatar and subsequent discussion is relevant because it is missile talk. Yeah. That's the ticket.
That's exactly what the new little Kim just said!
US says halt your aggression or we will say halt again. Obama and teleprompter in route.
Obama is a pussy. Go blow a chinaman mr. O.
...but don't we have a Nobel peace prize winner who can fix this?
He will be the new "Chamberlain" no doubt.
oooh... look... Crude is testing the lows again... that's how much WW3 is priced into this mkt...
Wow that missle launch from CA took a long time to hit S Korea!!
Ha ha! first laugh of the day!
Right? I wasn't worried until the White House came out and said this was NOT a crisis.
Lots of "interesting" theories abound today. Two things are for sure: Precious Metals are up, & QE2 is going to be as effective as a wet fart. But then we knew it already.
Some snippets of info that clears up this matter:
1. Contrary to popular bullshit all over the papers, YeonPyeong Island is not a civilian area. 60 miles off the West Coast of South Korea, and within a stone's throw away from the UN imposed border, there is no way that it can be called a civilian island. It'd probably be impossible for a civilian to get permission to go there.
2. Reinforcing 1., The South Korean marines were conducting a military "test" on the island minutes before the artillery fire from the North. This "test" appears to be artillery fire, although a spokesperson said that they were firing towards the North West.
3. Yes, the North Koreans are about as reasonable as a basket of kittens, but in this case, they were reacting to deadly artillery fire OR waiting for the South to conduct artillery fire tests so they can react to it and score some brownie points for the dear leader and his obese turd.
4. The ONLY evidence for the North's tragic sinking of the South Korean Corvette with the loss of 46 sailors was the pieces of the North Korean torpedo with convenient Korean lettering on it. We know it's a North Korean torpedo because it perfectly matched the schematics of a type CHT-02D that was displayed at arms trade shows for export. Again, we know it's a North Korean because it is an export model.
False Flag anyone?
Where is YeonPyeong Island?
http://www.telegraph.co.uk/news/worldnews/asia/southkorea/8153537/Where-is-Yeonpyeong-Island-South-Korea.html
ABC online: South Korea conducting "Drills" before North fired.
http://www.abc.net.au/news/stories/2010/11/23/3074606.htm
Type CHT-02D Torpedo
http://news.ph.msn.com/top-stories/article.aspx?cp-documentid=4100150
http://www.bbc.co.uk/news/10129703
I think you'll find most torpedoes are 'for export' ;-)
Ha! :). Just emphasising the fact that the torpedo could easily have been picked up in the black market by some nice chaps in skunkworks.
SO!
Why is precious metals: gold, silver, etc. dropping?
Because you touch yourself at night.
I would look at at this as a step in a series of moves.
Remember the Chinese missile launch off california.
From Vetrans today mag.
http://www.veteranstoday.com/2010/11/17/gordon-duff-the-california-mystery-missile/
and http://socioecohistory.wordpress.com/2010/11/13/wayne-madsen-ballistic-missile-was-fired-by-chinese-submarine/ http://dprogram.net/2010/11/13/wayne-madsen-ballistic-missile-was-fired-by-chinese-submarine-alex-jones-tv/Ya, and Wang said it was chemtrails.
All this military activity should not surprise anyone. We have a hamster for a president and all China has to do is dump our dollars to collapse our economy. China's economy only relies on the US for arournd 17% of it's economy and they have already expanded their trade with other Asian countries. They do have however, have a large quantity of Dollars which if flooded back into the market would be highly inflationary. US government know's this and is scared shitless....not to mentioned a worn-out standing army. Not to say NK couldn't be whipped into submission very quickly but China is the wild card on what level of direct intervention they would use......many questions.... One thing for sure is, our Federal Reserve monetizing our debt will not bode well when added back into the geo-political situations unraveling around the globe. I suspect 2011 to be one hell of a ride!
Hoser
What the folk is going on with the erkinlighten. The romperstilk es biber dolfin and in case you golyergrose aw puroesed. Where can a jwerstdefelt get wy humberdojk?
New Bullshiz ontop of old Bullshiz.
I got a two year supply of diapers in the basement. Let's roll!
i do too. They're for me!
South Korea launches an unannounced live fire exercise and fails to notify the nearby North Korean military base. North Koreans assume they are under attack and respond. Morons...
All it takes is one nuclear bomb detonated in space over the US and it'll create an EMP strong enough to cripple us electronically. ONE.
True.
But whichever country launched it would become the world's largest glassware exhibition.
Get to Denver International, look for the signs in the wall "Marla/Tyler", follow the arrows we will have the keymaker with us and a map of the underground.
Don't hesitate, steal a plane if you must and learn to fly in-route. Follow the signs the keymaker is with us.
Hang Seng down 2.7% last night
lets see what ours does ?
Big Trouble in little China !
Anybody remember those six NK subs that 'disappeared' a few months back. Anybody wonder what they were carrying and where they were bound? Funny how these little vignettes fade from popular memory in nanoseconds. Still, I haven't heard that they've been located, or that anyone knows what their mission was. Stay tuned - I'm thinking we might get a clue real soon. Like, what if these six uboats were each carrying a nuke and their job was to enter six different harbors, lie very still on the bottom until ...
"Just because you're paranoid doesn't mean you're not being followed" H.L. Mencken
If one "wags the dog", the dog will rip yo arm off.