SOUTH KOREA

North Korea Threatens to “sweep Guam from the surface of the earth” for B-1 Fly-bys

by John Galt September 22, 2016 21:15 ET In the world of “yes, the dangerous little nut job in North Korea is up to it again” file, tonight he decided to raise the stakes a little bit more after promising last night to “completely reduce to ashes Seoul” because of this week’s fly-by of U.S. strategic bombers. From Yonhap News tonight: Strategic bombers made closest-ever flight to N. Korea: U.S. military (excerpt) Two U.S. Air Force B-1B strategic bombers this week made the closest-ever flight to North Korea to warn the…


Shortwave Radio Still Matters Part 2: North Korea Resumes Spy Numbers Broadcast

by John Galt July 20, 2016 19:00 ET Last week it was the allegedly phony coup in Turkey. Fast forward to this week and here we area gain, with the old Spy Number station making a comeback in North Korea, 16 years after the allegedly “Cold War” ended between North and South Korea. From Yonhap News: N. Korea resumes encrypted number broadcasting 2016/07/19 14:44 SEOUL, July 19 (Yonhap) — North Korea has resumed the broadcasting of encrypted numbers, a method used in the past to send messages to spies operating in…


06.08 21:10 ET BREAKING: Bank of Korea Cuts Key Interest Rate to 1.25% in Surprise Move

by John Galt June 8, 2016 21:10 ET In the ever perpetual currency war and race to zero, the Bank of Korea surprised markets tonight with a cut in their key overnight rate to 1.25% from 1.50% after experts and analysts saw no cut forthcoming. This is the first move for the Korean Central Bank since June 2015 and needless to say the Korean Won moved quickly against the USD by 0.7% but shortly after pared the move to half of its intended consequences:


Another Economic Canary Just Croaked in Asia

by John Galt April 25, 2016 19:00 ET And everyone should be worried….. The new mantra on Wall Street and Main Street is that Europe, Asia, and the Middle East do not matter. What happens there is relatively irrelevant and just keep buying crap be it at the retail level for a new gadget or electronic game app, or in the stock market a biotech with losses of over $100 million and a product which is still five years from viability. Yet reality is happening everyday overseas and Americans had best…


03.03 BREAKING NEWS: N. Korea Orders Nuclear Weapons ready for Immediate Use

by John Galt March 3, 2016 19:25 ET BREAKING IN THE LAST 20 MINUTES VIA YONHAP NEWS, SOUTH KOREA: N. Korean leader orders nuclear weapons to be made ready for use 2016/03/04 07:06 SEOUL, March 4 (Yonhap) — North Korean leader Kim Jong-un on Friday ordered the country’s nuclear weapons to be made ready for use at a moment’s notice. He also said the communist country will revise its military posture so it can be ready to carry out pre-emptive attacks, stressing that the current situation has become very precarious, according…


01.06.15 N. Korean Nuclear Deathburger Marketwatch: Nork Test Causes Almost 200 Point US Futures Plunge!

by John Galt January 5, 2016, 2015 22:25 ET   Yeah, so much for a quiet day in trading today on low volume and a mixed close. North Korea apparently has put an end to that with their reported nuclear test this evening. Guess what time the test occurred on this chart (via Investing.com): Yup, first the China news posted here earlier then right after 9 p.m. ET real panic set in as the realization that the short little twerp is up to no good again; except this time he has…


01.05 21:05 ET – BREAKING NEWS – (UPDATE 22:33 ET) N KOREA CONFIRMS NUCLEAR TEST TONIGHT

by John Galt January 5, 2016, 2015 21:05 ET 22:32 ET – URGENT BREAKING NEWS VIA NHK/BLOOMBERG ASIA: NORTH KOREA CONFIRMS THIS WAS A SUCCESSFUL HYDROGEN BOMB TEST. 22:30 ET – URGENT LEAD UPDATE FROM YONHAP NEWS (S KOREA): (LEAD) S. Korea says ‘high possibility’ of nuke test by N. Korea 2016/01/06 12:26 SEOUL, Jan. 6 (Yonhap) – The South Korean meteorological administration is trying to verify whether North Korea has conducted a nuclear test after detecting an “artificial earthquake” of magnitude 4.3 near the North’s nuclear test site, officials said…


01.04.2016 Won Ton Deathburger Alert: Shanghai SSE Plummets 4% in Minutes – Drags US Futures Down

by John Galt January 3, 2016 21:40 ET Here it is an innocent first night in 2016 trading with Iran and Saudi Arabia fighting over the same camel (it’s sexual this time) and of course US equity index futures originally opening higher this evening. Then Asia opened. Then oops. The Shanghai-SSE opened down then in a matter of less than 4 minutes plummeted down 4% on pretty heavy volume and now has recovered as of this posting to around -3.30%. That of course took an already fragile Japanese market down further…


08.24 Asian, Europe, US Deathburger Marketwatch: MOAD or a Grilled Cheese Sandwich?

by John Galt August 23, 2015 21:45 ET UPDATED 22:10 ET: Just because: Ouch. Meanwhile in Singapore, down another 2.5% to start the day: UPDATED 21:50 ET: It’s officially a bloodbath. Brent North Sea Crude has broken $45 per bbl for the first time since 2009: The Shanghai SSE is down over 5% on the open: Hong Kong Hang Seng Index down almost 4%: And I have not even gotten to the secondary markets yet like Thailand, Vietnam, etc. Monday could still well be Bloody Monday on Wall Street. Stay tuned!…


The Ultimate Guide to the Doom and Destruction for the Rest of 2015 Part 2: World War

by John Galt July 27, 2015 21:40 ET 2. World War III World War III appears to be on the horizon with some postings around the internet speculating it could start in the magic time frame of September or October of this year. Of course, I have warned what would happen if there was an outbreak of war between the United States, Russia, and China. But this could pale in comparison to everything else which the United States and world as a whole could endure before this year ends. The unfortunate…


07.09 Asian Market DeathWatch: Sweet and Sour Expectations

by John Galt July 8, 2015 19:25 ET Now that the Grexit crisis has been solved with a request for €50 billion over 3 years to pay back the €50 billion coming due this year, the concerns switch from the mad hacker, er technical glitch on the NYSE and over to Asian markets which have been anything but dull lately. New Zealand starts the party in a not so sweet way, down 1.07% at the open: (chart courtesy of Bloomberg.com) Stay tuned as news leaks out and futures start to move…


05.09 BREAKING NEWS: North Korea Claims to have Tested SLBM

by John Galt May 09 2015 08:05 ET In what can only be declared a provocative move if verified, the North Korean government claims to have launched a Submarine Launched Ballistic Missile (SLBM) which can only be classified as a first strike weapon to be paired with it’s nuclear warhead inventory. The South Korean government is properly alarmed but no comment has been issued by the United States as of 8 a.m. ET this morning. The full story from the South Korea’s Yonhap News: N. Korea test-fires underwater ballistic missile: KCNA…


China’s 39th Army Starts Exercises on the North Korean Border as NK Prepares for a Nuclear Test

by John Galt April 27, 2014 21:40 ET As the Ukraine starts to burn more rapidly, North Korea has threatened to begin another round of nuclear weapon and ballistic missile tests, which in turn has pushed China into action. From the South Korean news website, Chosun Ilbo: Chinese Troops Stage Exercise Near N.Korean Border The 39th Army, a major Chinese military unit that would be deployed to the Korean Peninsula in a war, carried out an emergency mobilization drill near the North Korean border recently, the official CCTV reported on Saturday….


03.03 Overnight Asian-Middle East Market Watch: Japan Don’t like Borscht

  by John Galt March 2, 2014 20:15 ET To say the markets have opened up in a dour mood about the non-military military based invasion of the Crimea and threatened action in the Eastern Ukraine by Russia is an understatement. Japan’s Nikkei 225 has opened up down about 2.50% to start this evening’s festivities (charts via YahooFinance): South Korea is not doing much better down just over 1%, especially since the North fired more short range missiles this morning:   Australia is no fan of what Russia is up to…


The North Korean Purge Could Start a Regional War

  by John Galt December  17, 2013 05:30 ET The recent execution of Kim Jong Un’s uncle several days ago has far greater implications than just the regional distrust which has now been expanded from Beijing to Tokyo; it is of such a dramatic shift in policy that indeed, the threat of a rapid, decisive, regional war could begin without warning. How severe is the concern in South Korea? Watch the following video via Reuters posted at the PBS website on the story to get a clue and see if this…


And once again, Our Tax Dollars Spent on ABM Technology is a Spectacular Flop

  by John Galt July 6, 2013 18:50 ET Think the US media is going to highlight this technological disaster? Nope, no way. The US attempted another test of its ICBM Anti-Ballistic Missile (ABM) technology over the Pacific Ocean and once again it was a spectacular flop. From Russia Today (note, not US sources): US ABM test failure mars $1bn N. Korea defense plan A $214-million test launch of the only US defense against long-range ballistic missile attacks failed to hit its target over the Pacific Ocean, according to the Missile…



Obama Drops Support of anti-N. Korea Groups but Supports anti-Israeli Groups

  by John Galt April 17, 2013 18:00 EDT Increase support for his closet religion by providing billions to anti-Israeli governments and groups like the Muslim Brotherhood: CHECK! Stop support for anti-communist groups who support freedom in South Korea: CHECK! MISSION ACCOMPLISHED!!!! What in the world is ye old Galster yapping about now? First, let’s rewind to way ,way, way back on March 25, 2013 when we were all much younger and this Newsmax article: Egyptians Angry with Obama for Backing Muslim Brotherhood’s Morsi   That’s right, over $1 billion in…


4/15 Korean News Alert: North Korea threatens to Blitz South with Military Attack

  by John Galt April 15, 2013 16:30 EDT From Yonhap News in South Korea:   In ‘ultimatum,’ N. Korea vows blitz attack on S. Korea By Lee Chi-dong   SEOUL/WASHINGTON, April 16 (Yonhap) — North Korea’s military on Tuesday issued an “ultimatum” saying it would launch retaliation against South Korea without warning if “anti-North Korean” activities continue in the South.   “The supreme command of the Korean People’s Army Tuesday issued an ultimatum to the South Korean puppet group,” Pyongyang’s official news agency, KCNA, said in an English-version article.  …


4/11 2000 ET Korea Crisis Update: The North Koreans Can Launch a Nuke on a Missile

  by John Galt April 11, 2013 20:00EDT   The Defense Intelligence Agency (DIA), America’s real overseas intelligence analysts, created a classified report that someone in the Pentagon apparently leaked to wake some people up on Capitol Hill as this story from the Wall Street Journal outlines: U.S. Upgrades North Korea Nuclear Risk Pentagon Report Says North Korea May Have Ability to Launch Nuclear Missile Previously, experts didn’t think Pyongyang had the expertise to build a warhead small enough to affix to a missile. The new assessment was divulged Thursday at…


4/11 0530 ET Korea Crisis Update: The Quiet Before the Storm

  by John Galt April 11, 2013 05:30 EDT The eerie quiet in North Korea seems to be an indication, if past patterns are any indication, of a coming storm of action and activity.  Overnight the focus seemed to be the shell game of moving and relocating various launchers around airfields and the raising of launch ramps into the firing position only to have nothing happen. Kim Jong-un appears to have a less than unified front in control of his own military and some analysts are wondering if he is calling…


4/10 1900 ET Korean Crisis Update: Good Morning Koreanam

  by John Galt April 10, 2013 19:00 EDT There is a lot of speculation, including yours truly, that a WMD attack with swift, shocking results would create the largest dilemma for the United States, Japan, and their allies. Another postulation making the rounds is what if North Korea launched a limited conventional attack on the South then both parties sued for peace leaving the U.S. with egg on its face as China brokers a long term treaty which permanently ends the war between the two nations. This would be a…


4/10 0600 ET – Korea Crisis Update

  by John Galt April 10, 2013 06:00 EDT The news cycle appears to have slowed down slightly but postings (to be treated as hearsay for now) from West Coast U.S. residents on various message boards seem to indicate elevated movement of American military assets at bases in California and Washington state. That is to be treated as it is, only observations from posters and not as a verified fact but it would not surprise anyone based on the tensions in the regions. Here are the headlines from overnight via Yonhap…


NORTH KOREA ALERT – BREAKING 4/9 19:10 ET: US Forces in S Korea moved to WATCHON 2

  by John Galt April 9, 2013 19:10 EDT   Head up with this Tweet via Nathan J Hunt in the region: Gregor Peter ‏@L0gg0l 8m U.S-South Korean command moved to WATCHCON 2 which ‘is in effect amidst indications of a vital threat.’ Next level would be war Retweeted by Nathan J Hunt This means all forces are now on a trigger finger and things will begin to get somewhat quieter on the US military front as far as dissemination of news. However elevated levels of activity at all US West…


North Korea Crisis: The US West Coast IS Vulnerable to WMD Attack

  by John Galt April 8, 2013 2100 EDT Initially when the current crisis between the United States and North Korea accelerated I dismissed the possibility of a North Korean attack on the United States with nuclear weapons as a remote fantasy due to the crude status of their ICBM technology. From that perspective I was correct and hopefully I did not confer a false sense of security to anyone in the United States about the danger from the little nut job north of the 38th Parallel; I admit now that…


4/3 Life in the Bullseye – South Korean KOSPI down over 1% again

  by John Galt April 3, 2013 21:00 EDT Just wow. I feel bad for the people of South Korea and hope that all the North is doing is a game of bluster for further negotiations but many experts do not think so. Thus why the South Korean stock market remains under pressure again tonight:   Get ready for more heavy selling if there is any indication of military activity by the North….


4/3 20:00 EDT North Korea Crisis Update – Kaesong workers Blocked from Crossing Border Day 2

  by John Galt April 3, 2013 20:01 EDT The news flow is disturbing with unconfirmed stories of elevated DEFCON status for US Pacific forces to hard news stories like this one from Yonhap News in South Korea: N. Korea maintains entry ban on Kaesong complex SEOUL, April 4 (Yonhap) — North Korea on Thursday maintained its entry ban on South Korean workers and cargo wanting to go to the inter-Korean industrial park in Kaesong for the second day despite Seoul’s calls to lift the passage restrictions, checkpoint authorities said.   …


04/03 16:01 EDT BREAKING: North Korean Leadership Approves Nuke Strikes Against US

  by John Galt April 3, 2013 16:01 EDT   N. Korea approves nuclear strike on US (ITV) 4 pm ET – SEOUL — The North Korean army said Thursday it had final approval to launch “merciless” military strikes on the United States, involving the possible use of “cutting-edge” nuclear weapons. In a statement published by the official KCNA news agency, the General Staff of the Korean People’s Army (KPA) said it was formally informing Washington that reckless US threats would be “smashed by… cutting-edge smaller, lighter and diversified nuclear strike…


4/3 05:30 ET Korea Conflict Update

  by John Galt April 3, 2013 05:30 EDT While we were napping overnight: From Yonhap News: Defense ministry considers military options for workers at Kaesong industrial zone By Kim Eun-jung SEOUL, April 3 (Yonhap) — Seoul’s defense chief said Wednesday the military is considering all available options, including possible military action, to ensure the safety of the hundreds of South Koreans who remain in the North’s border town of Kaesong after the communist state cut off access to a joint industrial complex there.   Early Wednesday, Pyongyang banned South Korean workers…


4/2 22:18 EDT URGENT: S Korean Workers allowed to leave Kaesong Facility; Entry from South Blocked

  by John Galt April 2, 2013 22:18 EDT   The latest from Yonhap News in South Korea indicates along with wire reports that workers are allowed to leave and return home but the next shift is not permitted to enter into the North for work. This was considered by some regional experts on the mainstream media to be a dramatic sign of escalation and POSSIBLY preparation for imminent military action by the North. The article linked below from Frank Gaffney via the Washington Times this morning gives a great summary…


4/2 2120 EDT: Philippines puts 2 C-130 Transports on Standby to Evacuate Non-Essential Personnel from South Korea

  by John Galt April 2, 2013 21:20 EDT  Special thanks to ‘Diamonds’ at Timebomb2000.com for this heads up…. It just keeps getting hotter by the minute gang; from the website Interacksyon in the Philippines: Philippines puts C-130 planes on standby for possible evacuation of OFWs in South Korea By: Abigail C. Kwok, InterAksyon.com April 2, 2013 3:07 PM One of two C-130 cargo planes placed on standby by the Philippine Air Force. (AFP file photo) The Philippine Air Force has placed on standby two of its C130 planes for the…


4/2 20:25 – URGENT – North Korea holds up South Korean Workers Departure to Kaesong Complex

  by John Galt April 2, 2013 20:30 ET Breaking on Yonhap News via South Korea:   UPDATED FROM THE Bangkok Post about 5 minutes ago (2050 EDT): NKorea delays SKorea entry to Kaesong industrial park North Korea on Wednesday delayed the entry of South Koreans to a joint industrial complex in a rare move amid high tensions on the Korean peninsula, the South’s Unification Ministry said. Vehicles line up at a South Korean military check point on the road to the Kaesong Industrial complex across the border in North Korea,…


If North Korea Starts a War the United States Will Lose

  by John Galt April 2, 2013 05:00 ET   At this moment, imagine the reality of the world we live in and not the dictates of the psycho-babble globalist controlled mainstream media. The Chinese Communist Party is in disarray as a new leadership is ushered into power with strong influence from the People’s Liberation Army who wishes to exert its power over East Asia and permanently eradicate the dominance and necessity of dealings with the United States. In North Korea the new leadership is splintering the military elites, Kim Jong-Un…




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