General Chat

*Chortle* (emoticons gone again)

Well it might as well all it's good for it seems..... :-D :-D

I can't really - it's propping up my washing machine :-D :-D :-D

Tell you what send me your gold I don't mind a bit of tat under the bed for a rainy day... :-D

..AND I've been told my gold is worthless! :-|

That was bl**dy heavy - My Sainsbury's bag for life nearly broke!!

And the Independent what do they know... :-D :-D

.....true.
The papers that reported it included the Guardian and the Telegraph.
Useless rags!! :-D :-D :-D :-D

Have they though Maggie as Rollo hasn't confirmed it was as such....

Well Kim Jong Un has well peed off the South Koreans.
They've launched a simulated attack on North Korea.

https://www.theguardian.com/world/video/2017/sep/04/south-korea-launches-ballistic-missiles-in-simulated-attack-on-north-korea-video

You cannot make money from holding physical gold it is at best a short term hedge. Of course you can trade options but if not exercised you lose.
Up down whatever there is always some snake oil merchant selling gold. Trading in precious metals is best left to the specialists.
The markets in time of uncertainty are turning to their old favorite $US. Trouble is that there is a developing shortage of dollars as the Fed has started unwinding the magic money. The $ rise will deal the £ a nasty blow on the chops q4 thus year which will be a much bigger problem than sogginess v €.
(a year of a weak £ has done nothing to improve exports uk ext deficit remains over 7% of gdp)
For SEAsia and the BRICS a fast $ unwind will hurt much more than any nastiness in Korea. Let's hope that the Fed gan canny.

NK short term tactics are clever but they have no long term strategy that ROC can accept. At some point the Chinese will just close out when poking the US via NK is no longer fun or profitable. The US has no need for war just keep up the pressure and fear.

The Markets may not be jittery, but investors are repositioning - quote
With the increased perceived risk arising from two unknown leaders in the US and North Korea, and the associated potential risks to markets in the affected geographic regions, we feel that an increase to Gold offers additional protection to the portfolio at this time.
.............
We were living in the golden triangle around AWE, Burgfield & Greenham Common in the 1980's when USAAF at Greenham Common were flying in Cruise missiles. Those Galaxies didn't 'alf make a racket! Bearing in mind a fair percentage of the local population were employed at one of those establishments, no one was worried. After all, we'd be at Ground Zero.

Knew we'd be wrong......

borrow buy or steal a copy of this

Rufus Isaacs : Differential Games a Mathematical Theory with Applications to Warfare

and you can work out for yourself that war in the Korean peninsular is unlikely. It has of course all happened before in the Cuba crisis 1962. At the time I was living nr a USAAF base. Everybody was very edgy to say the least. It could be said that back then the USA had JFK (brains, good looking) and now has DT (brainless, fat) but games theory largely discounts leadership qualities or lack of.

The press will always talk up war rumours it sells papers.,

Makes me think of that film

It's a mad, mad,mad world, or how I learned to love the bomb :-0 :-0

How what?

Take him out...well I'm no expert I'll leave that to others but I'm sure SK, USA and China amongst others have plans if need be. No one wants innocent civilians taken out as well.

How exactly?

I'm not sure anyone is expecting a really big bomb, but let's be honest no one wants even a small bomb it can still cause damage/death. Time to take him out one way or another.

Those who are expert in such matters have said that the calculated yield from the latest NK test is a very long way from an h-bomb. The road to an icbm with an h bomb on top remains long and hard. There us no immediate risk of hostilities despite all the bluster. That is why the markets are little moved.

Nevertheless NK direction of travel could not be clearer. When the Chinese assess that NK are much closer to icbm capabiluty, even with a-bomb AND the USA is certain to impose stiff sanctions on China and carry out a first strike then, and only then, they will pull out the rug.

Meanwhile calm down there will be no war on the Korean peninsula this year and most likely never. The NK regime are sitting on a branch labelled China which they are busy sawing off. When it falls the Chinese will bring in some kind of puppet govt for NK with no nukes.

Strategy is stronger than tactics.

I never doubted they were trouble, I'd rather hoped they weren't as much trouble as they said they were...it seems they may be as bad as we feared.....except some will still say we're bears with little brains no doubt.

I've been told he's not a mad man in charge of serious weapons in the past so maybe someone can enlighten us just at what point might he be considered a mad man in charge of serious weapons??

supercrutch........Ditto

Joan.