North Korea Says Army Is "On Standby Waiting For An Order Of Attack"

Global markets are closed for the weekend, so we will need to wait until tomorrow evening to see how investors react to the latest back-and-forth between the North Korean government and President Donald Trump. In North Korea’s latest salvo in its war of words, a state-run newspaper declared in an editorial that the country’s Paektusan army is now “on standby to launch fire into its [the US’s] mainland, waiting for an order of final attack."

The comments follow a Friday report from KBS World Radio, the official international broadcasting station of South Korea (which is owned by the Korean Broadcasting System), that "North Korean authorities have dispatched emergency standby orders to the leaders of the ruling Workers’ Party committees and civil defense units."

Here’s more from Fox News:

“North Korea took its turn Saturday in the country’s escalating, back-and-fourth with President Trump, with the state-run newspaper saying leader Kim Jung Un’s revolutionary army is “capable of fighting any war the U.S. wants.”


The assertion was made in an editorial that also states the Paektusan army is now “on the standby to launch fire into its mainland, waiting for an order of final attack."

 

The editorial also argues that the United States ‘finds itself in an ever worsening dilemma, being thrown into the grip of extreme security unrest by the DPRK. This is tragicomedy of its own making. … If the Trump administration does not want the American empire to meet its tragic doom in its tenure, they had better talk and act properly.’”

Late last week, in a response to domestic criticism about Trump’s bellicose commentary, the president said that his rhetoric concerning North Korea - particularly his now infamous promise to respond with “fire and fury and…power” if North Korean leader Kim Jong Un continues to threaten the US - may not have been “tough enough.”

* * *

Fox also reported that Chinese leader Xi Jinping pleaded with Trump to tone down his rhetoric during a Friday night phone call with the US president.

“During Trump’s phone conversation Friday with Xi, the Chinese leader also requested that the U.S. and North Korea tone down their recent rhetoric and avoid actions that could worsen tensions between the two nations, Chinese Central Television reported.

 

‘At present, the relevant parties must maintain restraint and avoid words and deeds that would exacerbate the tension on the Korean Peninsula,’ Xi was quoted as saying.”

As we noted last night, it doesn’t look like Xi was able to sweet-talk Trump into once again delaying an investigation into China’s trade practices that many expect will lead to an all-out trade war between the world’s two largest economies. China is North Korea’s only major benefactor, and is responsible for 90% of the country’s foreign trade. Trump’s decision comes despite an IMF warning last month that “inward-looking” policies could derail a global recovery that has so far been resilient to raising tensions over trade. We also have noted the tendency, throughout history, for trade wars to blossom into the real thing…

Indeed, it seems that relations between the two world powers are deteriorating once again even after Trump praised China for signing off on the latest round of UN Security Council sanctions against the North – which are expected to reduce North Korea’s exports by more than $1 billion.

But despite Xi’s repeated jawboning and half-hearted promises to act, China has so far been reluctant to take meaningful action to curb North Korea’s nuclear program. Now any effort would probably be too little, too late, as the US and Japan now believe the North has developed a nuclear warhead small enough to fit inside on of its ICBMs. This newfound capability could allow the North to deliver a nuclear payload to the US mainland – a fact that was not lost on global markets this week.

The escalating tensions between NK and the US – particularly Kim Jong Un’s threat to launch a missile at Guam, a US island territory in the Pacific – helped keep the S&P 500 below its 50DMA for the longest stretch since April


…and the Chinese VIX to its highest level of the year.

On Monday, we will learn if US investors are sufficiently terrified to dump stocks…or if “buy-the-f**king-all-out-nuclear-war-dip becomes the mantra of the day.
 

Comments

Keyser The Blank Stare Sat, 08/12/2017 - 21:47 Permalink

North Korea looks like they need some freedom.Nah, Kim is just doing what daddy did before him... That is, rattle the sabre and the pussies in Washington roll over and give him $$$, technology and a blind eye for another 20 years... Don't think this will fly with Trump, so it's time for Kim to either put up or shut up... Knowing how the asian "face" thing works, it don't think this is going to end well... 

In reply to by The Blank Stare

Tarzan Déjà view Sun, 08/13/2017 - 07:58 Permalink

Thanks for coming to the aid of the propaganda machine ZH.... Where were you, the last thousand fucking times NK said we're, 

"On Standby Waiting For An Order Of Attack" 

The only thing we have to fear, is our own damn Government.  If NK were planning a missile attack on America, why the hell have we not been shooting these test missiles out of the sky before they leave NK air space? How convenient, America needs a goblin to fight, oh look look, a goblin.... You probably should stop following the heard, ZH

In reply to by Déjà view

Kotzbomber747 (not verified) Tarzan Sun, 08/13/2017 - 10:29 Permalink

Isn't it funny how all the ZH Trump fans are now rooting for war? Wasn't Trump supposed to stop "Big Government" and reduce the number of troops overseas? Oh wait, he also bullshitted so much, that he also promissed MORE spending on the MIC. And then these Trump fanboy-idiots still believe that Trump will drain the swamp? The MIC is the swamp!I guess they're desperate for those put options and gold bought at $1900 to finally turn green.

In reply to by Tarzan

Tarzan Kotzbomber747 (not verified) Sun, 08/13/2017 - 10:53 Permalink

For Trump to do what you appear to think he's failed at doing, he would have to be running things.  He's not, nor was any other President who lived to tell.  They kill Presidents who try to run things!He's walking a fine line here, and I suspect there are already a lot of people in Washington who would rather he be dead, would rather see President Pence "running" things!

In reply to by Kotzbomber747 (not verified)

virgule Wishbone Ash Sun, 08/13/2017 - 03:31 Permalink

Has anyone noticed that the miniature nuclear warhead story appeared by magic, without any kind of justifications - but every western media (and government?) is in full agreement with the statement? Isn't it odd that we never heard about the earlier prototypes being finalised - only the real deal being ready to launch towards Guam?Me thinks this is another exericse in propaganda, and the dust settles, we'll find out that NK never had these WMDs... 

In reply to by Wishbone Ash

Mr 9x19 undertow1141 Sun, 08/13/2017 - 05:07 Permalink

NK was russian backed, SK was usa backed, it started in 48 during the very begin of the cold war... you should open a fucking book sometimes fucking leftist. urss decided to  place themselve on the  august 9 1945 on the north of the country  average 38° , THEN USA DECIDED TO GO AT THE SOUTH OF THE COUNTRY the september 8, 1945.corea never splited by itself, it is a land turned on proxy because once again usa do not tolerate that something can be done without em.the both sides decided to get back the other side, the 1st who try, honor for him. north tried 1st,  it failed.what if usa with south tried and failed also.. it would still be splitted and you would have whined for decade they stole our land!!?fuck off. once again USA is the cause, fuck off with your rewriting narative, get your facts checked.

In reply to by undertow1141

Wile-E-Coyote MFL5591 Sun, 08/13/2017 - 05:58 Permalink

All of this pantomime is about the US pissing in China's pool especially the South China Sea. China is not ready to take on the US face to face yet but they are more than willing to set their pet pit bull loose. All of this rests on Kim now, he can be as bellicose as he likes its actions that speak that speak louder than words. Trump won't bomb first he needs public opinion right on side, he wants his Pearl Harbour moment, Roosevelt said at the time before the attack on PH how can we make the Japanese make the first move. Kim won't do anything, he is the linch pin. China will tug his leash at the critical moment. 

In reply to by MFL5591

HRClinton Twee Surgeon Sat, 08/12/2017 - 21:34 Permalink

Re... "Is the Monty Python team writing this Script ? or has the world gone mad ?"Cheer up, lad. You know what they say.Some things in life are bad,They can really make you mad.Other things just make you swear and curse.When you're chewing on life's gristle,Don't grumble, give a whistle!And this'll help things turn out for the bestAndAlways look on the bright side of life!Always look on the bright side of lifeIf life seems jolly rotten,There's something you've forgotten!And that's to laugh and smile and dance and sing,When you're feeling in the dumps,Don't be silly chumps,Just purse your lips and whistle -- that's the thing!And always look on the bright side of life1Come on!Always look on the bright side of lifeFor life is quite absurd,And death's the final word.You must always face the curtain with a bow!Forget about your sin -- give the audience a grin,Enjoy it, it's the last chance anyhow!So always look on the bright side of death!Just before you draw your terminal breath.Life's a piece of shit,When you look at it.Life's a laugh and death's a joke, it's true,You'll see it's all a show,Keep 'em laughing as you go.Just remember that the last laugh is on you!And always look on the bright side of lifeAlways look on the bright side of lifeCome on guys, cheer upAlways look on the bright side of lifeAlways look on the bright side of lifeWorse things happen at sea you knowAlways look on the bright side of lifeI mean, what have you got to lose?you know, you come from nothingyou're going back to nothingwhat have you lost? Nothing!Always look on the bright side of life

In reply to by Twee Surgeon

Father ¢hristmas (not verified) Sat, 08/12/2017 - 20:58 Permalink

I hope shit pops off tomorrow.My dealer got locked up and it'll take like a week to get some shit off the net.  And I don't wanna spend any Shitcoins, then the Norks attack, and the shit never arrives.Really don't feel like going to work without any blow on Monday.  Come on Kim, you motherfucker.

skinwalker Sat, 08/12/2017 - 20:59 Permalink

This is a bad weekend.

I ordered several more cases of ammo. I might trundle into town tomorrow to pickup some things.

On the plus side my nephew beat me in a swimming race today.