James Rickards Warns "War Is Almost Inevitable"

Tyler Durden's picture

Authord by James Rickards via The Daily Reckoning,

All three major stock indexes were deep in the red last week, and volatility spiked for the first time in months as the war clouds gather over the Korean Peninsula.

Here’s the latest tweet from President Trump:

Trump Tweet 1

Here’s another from two days ago, equally as subtle:

Trump Tweet 2

Markets still have not come to terms with the very real potential of a shooting war with North Korea over its nuclear program.

President Trump, Secretary of State Tillerson and Defense Secretary Mattis have all made it clear that a nuclear-armed North Korea with ICBMs that can hit the United States will not be allowed.

If North Korea persists, this means war with the U.S. There’s only one problem: North Korea thinks we’re bluffing.

North Korea believes that the U.S. is bluffing based in part on the prior failures of the U.S. to back up “red line” declarations in Syria over its alleged use of chemical weapons. Their belief is also based on the horrendous damage that would be inflicted on South Korea.

China also believes the U.S. is bluffing.

A major Chinese think tank analyst with government connections named Liu Ming says,

“The military option the Americans are threatening won’t likely happen because the stakes will be too high. It’s a pretext and an excuse to pile up pressure on China. It’s more like blackmail than a realistic option.”

This is how wars begin: not because anyone wants a war, but because two sides misread each other’s intentions and stumble into one.

Make no mistake — Trump is not bluffing. He’s deadly serious about ending the threat from North Korea. And he has support within the national security community.

Defense Secretary James Mattis added Wednesday that North Korea “should cease any consideration of actions that will lead to the end of the regime and destruction of its people.”

Four-star Gen. Terrence J. O’Shaughnessy, commander of all air forces in the Pacific, said the U.S. would use “rapid, lethal and overwhelming force” against North Korea if necessary.

This comes as North Korea has threatened to attack the American territory of Guam, which is home to several key U.S. naval and air installations.

Meanwhile, U.S. ambassador to the United Nations Nikki Haley said, “The time for talk is over. The danger the North Korean regime poses… is now clear to all.”

You can’t get much more explicit than that.

The American people and citizens around the world are being told in no uncertain terms that a war with North Korea is coming unless North Korea ends its nuclear program. Yet North Korea will not end its weapons program. They consider these weapons indispensable to the survival of the regime.

Therefore, war is almost inevitable.

This war is coming in mid-2018, if not sooner. Markets have not priced in this outcome. When markets do adjust to the reality of war, it could result in one of the worst market meltdowns of all time.

Don’t wait until next year when everyone else will see this clearly. The time to prepare is now.

You can make your portfolio shockproof by reducing stock exposures and increasing allocations to cash, gold, silver, museum-quality collectibles and land.

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macholatte's picture

 

Don’t wait until next year when everyone else will see this clearly. The time to prepare is now.
Subscribe to my news letter and get the FREE Report, How to Survive All the Bullshit Coming from Rickards and Casey.

 

Billy the Poet's picture

I see no reason to believe that there will be any change in the 64 year stalemate in Korea. If there is a change it will be because of reasons we are not being told rather than the storytelling which is being presented to us.

xavi1951's picture

We mis-read Japan at Pearl Harbor and Germany's blitz? I don't think so!

macholatte's picture

 

NK is China’s junk yard dog. Trump got that right.
It is China that needs to nuke NK.

 

Croesus's picture

This whole thing is just about the usual extortion...

Norks ain't gonna do shit.

Manthong's picture

 

Oh.. F me with a spoon..

I kind of like Rickards and he is way moar successful than I have been….

..butt once we tell the Chinese we intend to give the Japs nukes,

….the NKor problem will go away.

Looney's picture

 

There’s only one problem: North Korea thinks we’re bluffing.

There’s another problem: THEY ARE RIGHT.  ;-)

Looney

Eager Beaver's picture

(((Doug Casey))) the "crisis investor" who says there's no evidence that the gold and silver markets are manipulated? THAT (((Doug Casey)))? Yet another wolf in libertarian sheeple skin, like (((Peter Schiff))). Shun these fucking morons!

J S Bach's picture

"This is how wars begin: not because anyone wants a war, but because two sides misread each other’s intentions and stumble into one."

What a joke.  Of course, (((someone))) wants war.  Get a clue, people.  The usurers’ greatest opportunity is during war – where they finance ALL sides.  It also deflects the sheeple’s attention from their ever-growing diabolical domestic deeds.

Shemp 4 Victory's picture

 

Make no mistake — Trump is not bluffing. He’s deadly serious about ending the threat from North Korea.

That he refuses to consider any sort of negotiated settlement indicates that Trump is not deadly serious about ending the threat from North Korea. On the other hand, he does seem deadly serious about provoking a resumption of the Korean War.

Meanwhile, U.S. ambassador to the United Nations Nikki Haley said, “The time for talk is over. The danger the North Korean regime poses… is now clear to all.”

Former Waffle House hotcake slinger Nikki Haley, like her predecessors Samantha Power and John Bolton, is a warmongering crackpot who belongs in an institution under a regime of regular injections of haloperidol. You can’t get much more explicit than that.

The American people and citizens around the world are being told in no uncertain terms that a war with North Korea is coming unless North Korea ends its nuclear program. Yet North Korea will not end its weapons program. They consider these weapons indispensable to the survival of the regime.

Given America's shameful record of forced regime changes against non-nuclear powers, the position taken by the North Korean government can only be considerd rational.

Therefore, war is almost inevitable.

If it is inevitable, this is only by the choice of the US government. Every war in which the US has participated has been a war of choice, and the choice was made by those for whom it would be profitable. This one will be no different.

Manthong's picture

 

@ to the Looney, Alice.............

I submit maybe not…..

Tell the Norks  and the Chinese we are out of the decision process…. Deal with the nuked-up Japs

… it is a whole different story

 

...give them 1,000 or 1,200 mile range with only a few hundred Kton  yield  and minds will change very quickly

 

theDiomed's picture

While the Japanese are not technically a nuclear power, the open secret is that they have nukes that can be assembled within hours.

Manthong's picture

 

gee... did not know that one....

but upon reflection... not all that surprising.

but the time for leverage is approaching.

max2205's picture

"Deep in the red" .....LOL! 

peddling-fiction's picture

Wars start because the Zionist Elders, Illuminati and Freemasons have decided to do so. It is theater with real consequences.

They control all countries anyways, so it is a blood offering and a way to achieve their NWO goals, shared by the infamous Albert Pike.

Cloud9.5's picture

Pike was a piker and a book salesman.  He invented grandiose degrees and peddled himself as the possessor of esoteric knowledge. He was a fiction writer and he used the mystique that surrounds Masonry to sell himself and his books.  I speak from 38 years of experience. Past Master, Poinciana Lodge. 

peddling-fiction's picture

I am aware of lots of misconceptions that Freemasonry peddles. I was groomed without my knowledge to be inducted into the Illuminati through the Rosicrucians, but refused to do so. Either certain people join them, or they destroy you.

Are you being gangstalked for leaving them?

But "praying" to the Egregore is definitely not a misconception and has dire consequences, since one  really "prays" to the Fallen Angels. That was introduced by the Kabbalist Illuminati to Freemasonry.

Cloud9.5's picture

I'll be a mason until I die.  The biggest hoot of all time is that we are somehow string pullers in the great puppet show.  The truth is our biggest conspiracies center around when the next spaghetti dinner will be held.  We are a brotherhood of geriatrics. Unless the membership changes, we will disappear by midcentury

 

 

peddling-fiction's picture

ROTFL. You are a good Mason.

Did you forget mentioning your Intel badge and local gangstalking coordination?

Or will you pin that on Templars?

GOSPLAN HERO's picture

Freemasons have nothing to do with starting wars, comrade.  The MIC plus banksters are war lovers. FOLLOW THE MONEY.

peddling-fiction's picture

You would be a fibbin Freemason (what they do best), or simply ignore who controls the world now. Do you want me to point to photos of all our leaders shaking hands with Masonic handshakes?

Communism (comrades) was created by Karl Marx (lastname Mordechai, a rabbi´s son) a Zionist, Freemason (hidden hand portrait)  and Illuminati member. 

Lenin, Stalin, Wilson, and Churchill were all 33 degree Freemasons, so yes, they do start and benefit greatly from needless wars. Hitler was Illuminati, and was financed and egged on by Zionists (to help create Israel) and Jesuits (Iron Cross is the cross of Malta). Masonic lodges used to have the Nazi symbol (an old vedic symbol) in their Lodges before WW2. Go figure.

The US founding fathers, all members of Freemasonry, or secret brotherhoods, lamented deeply the Illumination (take over) of their Masonic lodges by the Illuminati. The Illuminati, created by a Jesuit (there are only dead ex-Jesuits), and bankrolled by Zionist Central Bankers, took over Masonry in the 1700´s.

Following the money sends us toward the Central Banker Zionists, who control the Illuminati and thus all secret brotherhoods, including the Freemasons, and have financed all wars, all sides, since Waterloo.

Manthong's picture

 

awshit,,, we knew exactly what Adolph  and the Empire were going to do....

it is all about .........bankers....................................................................................................................................................................................................................................................................

Jeffersonian Liberal's picture

I wouldn't doubt if Trump's strategy in all this is to expose fully the fact that NK is China's puppet, that NK doesn't do anything without China's nod, and that we need to re-balance all of our relations with the ChiComs, who are the true imperialists preparing to establish complete hegemony in the Pacific Rim.

We have been crazy supporting this by buying their crap (simply because it is cheap) for three decades.

Winston Churchill's picture

I see no strategy only piss poor tactic.

His famed negotiating style is alternating between whiney bitch and braggart blowhard.

He's just reverting to his normal ways.It makes him putty in the deep states hands.

khnum's picture

North Koreas GDP is less than West Virginia's but it sits on 6-10 trillion dollars worth of rare earth minerals so war with the US is inevitable but first you have to cut a deal China accepts

Mustafa Kemal's picture

"I see no reason to believe that there will be any change in the 64 year stalemate in Korea."

You dont see Trump as a little different than our previous POTI?

Billy the Poet's picture

I think he's different in many regards but it does not change the dynamics of the situation with thousands of US troops in the South and China not wanting US troops or their allies on their border in the north.

The only way Trump could seriously alter the situation would be to begin withdrawls of US forces and he won't do that or he can't do that without being condemned by the Deep State.

crazzziecanuck's picture

Not so sure.

As Rickards said, we could stumble into a war.  But it's better to have Trump stumble into a war with North Korea than to have HRC charging headlong into a war with Russia.

Then again, it was easy enough for the foreign policy scam of the late Obama years.  If one side knows the other side will behave like an adult, then it's given free reign to be a belligerent childish asshole.  Obama knew that Putin was a rational, sensible leader, and therefore could ratchet up the rhetoric because Putin probably could see the game for himself.  The question then becomes would Obama have behave the same way if Putin was an irrational leader?

With Trump and Kim Jong Un, we have two unstable leaders on each side.  That might be unfair, because we have an MSM that is telling us that Kim Jong Un is out of control, so can they be trusted to tell us the sun is shining outside?

Winston Churchill's picture

One is unstable because of the deliberate gaslighting of the deep state.

The other, we really don't know because that same MSM is also gaslighting us.

i would plan on FF on Aug.15th,whether its a near miss or a hit on Guam,they've skywritten

their intentions.

The MIC beast is hungry.

Billy the Poet's picture

China will not accept US troops on her border. Remember the Yalu Offensive.

Diatom's picture

Nuclear power plants in SK and Seoul is in firing range!

NO WAR ASSHOLES!!

trader1's picture

Bitcoin "cash"? 

:-)

dot.dot's picture

What?  No talk of an "SDR"?

Herodotus's picture

The SDR is to money what sausage is to meat.

numazawa's picture

The SDR is to money what a 24-page, glossy, full-color illustrated restaurant menu is to an actual plate of food.

FreeShitter's picture

When all else fails, they take you war? ......

Jeffersonian Liberal's picture

Indeed. The Dems get us into these predicaments (have for the past century) to cover up their failures.

If they can, they like to set up the fall to occur when a Republican or non-Establishment leader is in office.

That way they can point the finger of blame at their political opponents and say, "See? That's why you need to vote for us next election. We'll fix this mess."

geno-econ's picture

Read history before Donkeys and Elephants appeared in America----it is not about Party Ideology, it is all about Empires.  A good start is "Destined for War" by Graham Alison

old naughty's picture

how does one knows for certain what all else is?

Drop-Hammer's picture

Pretty sure that we are not misreading the North Korean dog-eaters or their pot-bellied pig dictator.

divingengineer's picture

When someone threatens to preemptively attack you with a nuclear missile, what the fuck are you supposed to do?
Ignore them?
Kiss their ass?
Or fuck their shit up?

gm_general's picture

Wars don't usually happen these days because of misunderstood communications. Wars happen because of the evil machinations of the elite who want to use them to obtain munitions profits and/or desired resources.

NotApplicable's picture

Beware of those who claim otherwise.

Son of Captain Nemo's picture

Here ya go Jim. Another convenient excuse to double down and destroy what's left of Iraq (https://southfront.org/2-us-soldiers-killed-5-others-injured-iraq/) and ever so "gently" nibble around the outskirts of Raqqa without getting hammered by the Russians and Iranians?...

My guess is that the bathtub generals and admirals at the Pentagon have bitten their nails to the quick and are abandoning the idea of North Korea cause... well... ya know... It wouldn't be prudent at this juncture!!!

Gotta hand it to these guys with the stars on the shoulder boards... Always thinkin of a "better"... "easier" and more effective way to murder and destroy like the worst vandals that they are without getting themselves blown to shit in the process!!!

Shemp 4 Victory's picture

The US has also just designated the Iranian Revolutionary Guard Corps as a terrorist organization. This is a milestone in US idiocy as it is the first time that an official branch of the military of a foreign country has been designated as a terrorist organization.

https://southfront.org/the-us-designated-the-irgc-as-a-terrorist-organiz...

The flailing desperation of the US government is approaching superluminal velocity.

veritas semper vinces's picture

Dear Lord! I did not know  this.I knew they were working on this stupidity,but didn't know they succeded .

there is absolutely,none wahtsoever doubt in my mind now,that the current administration is Israhell firster.

RIP,Jewmerica,also you don't deserve even that!

 

GOSPLAN HERO's picture

Bitcoin - it works great until the electricity goes off.