China

China

North Korea Launches Another Ballistic Missile

Almost exactly one week after the latest ballistic missile test launch by Pyongyang last Sunday, and two weeks after a similar launch the weekend prior, North Korea has fired its latest unidentified ballistic missile early on Monday.

Kim Jong-Un Watches As North Korea Tests New Anti-Aircraft Weapon

"Kim Jong Un ... watched the test of a new type of anti-aircraft guided weapon system... This weapon system... will completely spoil the enemy's wild dream to command the air, boasting of air supremacy and weapon almighty," the North Korean press agency said.

The Golden Conspiracy

"Is there gold price manipulation going on? Absolutely. There’s no question about it. That’s not just an opinion... Now, where is the manipulation coming from? There are a number of suspects but you need look no further than China. "

Why Bother?

"The best strategy for dealing with crazies is to keep your distance."

Trump Slams "Very Bad" Germans For Selling Millions Of Cars In US: "We Will Stop This"

A day after Trump stunned his fellow NATO leaders, Trump lobbed another bomb at the European center-right consensus by renewing his attacks on the German auto industry during a closed door meeting with two high-ranking European Union officials, in which he said that "the Germans are bad, very bad” and added dding “look at the millions of cars that they sell in the U.S. Terrible. We’re going to stop that."

Frontrunning: May 26

  • Trump's first G7 expected to be 'challenging' (Reuters); Trump Saves Worst for Last on Foreign Trip (BBG)
  • Trump Blasts German Carmakers' U.S. Sales and Threatens Barriers (BBG)
  • Trump directly scolds NATO allies, says they owe 'massive' sums (Reuters)
  • Trump Likely to Maintain Obama’s Russia Sanctions (WSJ)
  • Juncker says Trump was not aggressive on German trade surplus (Reuters)
GoldCore's picture

Why is someone stocking up (see charts) on all that silver? Silver ore in mines is getting less-rich. Global silver production fall. Another massive deficit this year. Solar demand could be key. Silver could go ballistic

Global Rally Fizzles After "OPEC Shock" In "Slow Risk-Off Session"

S&P futures were fractionally lower from yesterday's record high as European stocks declined and Asian stocks were mixed, pressured by yesterday's 5% plunge in crude after OPEC unexpectedly "failed to surprise" markets, and announced the bare minimum supply cut extension that was expected by oil traders, who in turn puked long positions.