Gold Tops $1300, USDJPY Tumbles After North Korean "H-Bomb Test" Threat Reports

Tyler Durden's picture

After an initial slide on Kim's "deranged dotard" reaction to President Trump, both USDJPY and US equity futures are falling further after Yonhap reports, North Korea’s Foreign Minister Ri Yong Ho says the “highest level of hard-line” countermeasure could refer to hydrogen-bomb detonation in the Pacific.

US equity futures are notably weaker...

 

And Gold just topped $1300 as USDJPY breaks below 112.00...

 

Of course, if recent threats and tests are anything to gop by tyhis is the perfect time to BTFN(uclear)A(rmageddon)Dip!

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
shankster's picture

It's the Bomb man!

earleflorida's picture

classic!!!

the $$$s these NKs are making needn't worry about sanctions

"Japan's Bomb in the Basement"    (tons of plutoium [MOS] where Kim tested his last two 'ROCKET`Shots)


http://www.atimes.com/article/japans-plutonium-proliferation-energy/ 

 

Déjà view's picture

Chicom...which horse to run with...DPRK or U.S.
No more chocolate cake and eat it to...

. . . _ _ _ . . .'s picture
A Time-Lapse Map of Every Nuclear Explosion Since 1945 - by Isao Hashimoto (14:24)

There have been a couple of thousand detonations, most in the Pacific. Does this really scare anyone anymore?

auricle's picture

An H-bomb in the ocean would be much cleaner than the tons of MOX that Japan continues to dump into the ocean. 

Uranium Mountain's picture

So we can expect another test by morning then?  

Dancing Disraeli's picture

I'm starting to think this stuff is a little too forced, like maybe this is all being done to either eff China through sanctions, or to sell a shitload of weapons to Japan and S Korea.  Is Kim a CIA asset, or what?

Cluster_Frak's picture

i'm glad I closed gold short today, yay!

Cluster_Frak's picture

why a negative downvote? I opened a short about an hour before Yellen opened her vigina. I closed it this morning. Easiest fed notes ever made.

earleflorida's picture

trust and verify...--- as DC Warriors say 'HOW!'

Cluster_Frak's picture

open an account and trade away, that's how.

Colonel Shitzengiggles's picture

Gotta love those delayed trade call outs. Glad I shorted mahket on 9/10/01. Big wahmpum, EZ wahmpum.

Cluster_Frak's picture

i did not make a call. i made a trade and closed it. Gold is in a downward channel, so I will wait for quick up move to die out and I will reestablish the short again. when? when the time comes. This knowledge ain't free and came at a huge cost.

BeanusCountus's picture

Nice call in '01. Gartman tell everyone he was all in on 9/10?

shankster's picture

But what did Lawrence O'Donnell know and when did he know it?

ebworthen's picture

If Kim drops an H-Bomb in the Pacific it's all over for him.

earleflorida's picture

are you nuts!!!

it's over for the USSA getting in bed with zionist israel since the early 60s

ebworthen's picture

Surely, you mean Communist China as well.

shankster's picture

Big fish-fry this Saturday!

oak's picture

where? east or west pacific ocean.

CHoward's picture

Excellent question.

shankster's picture

Is he over the whole Guam thing?

adr's picture

He rolled over on his favorite 12 year old sex slave and crushed her. H-Bomb test makes him happy again, like strapping another uncle to the barrel of an AA gun. 

allamerican's picture

japan tsunami if only a fly by...

so new sanctions only prod nk toad to launch another karosene burner.  this time with H asset..

yea, buy drip on friday- all for tthat aye..dumb ass'.

 

Nobodys Home's picture

Pearr Harbor II ?

Don't worry. It's just a flight of B-17s coming in from the mainland.

stant's picture

Couldn't ask for a better Dr evil unless he had freaking lasers on his head,  a rebel flag too would get Rachel Madcow to rub one off on TV. Btfd!!!

shankster's picture

Get some chips and don't forget to buy the dip.

media_man's picture

SPY is trading up after hours so this report seems like more doom porn. Kim will stick a dildo up his ass on Youtube before he pops off a nuke on anything but his own testing sites.

ThePhantom's picture

I'm worried the Donald just might feel like he's got something to prove.

christiangustafson's picture

/ES breakdown for the win.  Island top on RTH equities.

H H Henry P P P Paulson's picture

The more he talks about it, the less I believe that pudgy boy has the capability to do so.

El Hosel's picture

Lay off the Fake News, everybody knows "The Market" only goes up.

HardAssets's picture

Nukes are bullish.
Lots of broken windows to repair & stimulate the economy.

Then again, every damned thing is bullish nowadays.

ThePhantom's picture

Dotard.... hahahahaha

Mustafa Kemal's picture

"Dotard.... hahahahaha"

Its almost like hes talking to us, like we do about the libtards.

Maybe, just maybe, Marshall Kim Jong Un is hip.  I hear he boxes as good as Jake La Motta

Yen Cross's picture

  This fucking shit is idiotic.

   So the markets are so fucking dead and broken that the ALGO's are surviving off of the "Rocketman Rumor" trade every day?

jughead's picture

Until the fat boy actually drops a bomb on some folks, the US won't do squat but more sanctions, bluff and bluster.  Even then, odds are the Chinese take the fat fucker out while we're still jawbonin about it.  

Honest John's picture

Read the headline, check the PM quotes.  Move on. 

loveyajimbo's picture

China needs to ahve their Special Forces blow Kim Jong-Dildo's head off... pick out a docile puppet... they don't like loons either... bad business.

wisehiney's picture

That rumbling sound you hear is my precious metal loademuptruck firing.

When I get back, we are going to have a paper metal bonfire.

 

Schmuck Raker's picture

HOLY SHIT, TYLER!!!

That's the highest gold's been since..... well, this morning!