Bali news and views editor's comments - As my longtime readers are well aware I've been in and out of silver substantially this year and 90% of the time making handsome profits.
This morning I went into it heavier than I ever have primarily because of technical analysis in that it is at the bottom of a upward trend line.
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| Silver Bullion 8:45 Nov 28th 2017 |
For several other reasons. I purchased this morning.
First this investigation by the FBI of the Trump administration and possible manipulation of the elections by the Russian government I believe will come to a head in the next couple weeks.
It may be very messy and ugly, leading to a falling US dollar and rising precious metals.
Even more significant is news this morning on Bloomberg and in this article below that North Korea's Kim Yong Un may be planning another major missile test before Christmas.
Throughout this year every time he's done that it has caused a significant move in the precious metals to the upside.
Again, I am not a bullion dealer so I do not benefit from this advice You must make investment decisions based on your own decision and accept any consequences thereof.
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By OLI SMITH
10:58, Mon, Nov 27, 2017 | UPDATED: 11:02, Mon, Nov 27, 2017
A leading US thinktank has revealed the exact date for the next North Korean ballistic missile test - and it looks set to come just before Christmas.
Kim Jong-Un will send a terrifying message if he goes ahead with the planned Christmas blast in just over three weeks time.
According to the Center for Strategic and International Studies (CSIS), the next "provocation" will take place on December 17.
GETTYKim Jong-Un may be planning a shock Christmas missile blast
GETTYSpeculation has been rising over when the next missile launch will take place in North KoreaThe shock prediction followed an unprecedented data analysis which showed there was "elevated chances of provocations over the next 14 to 30 days".
Speculation has been mounting over when North Korea will next conduct a missile test after the communist regime has remained quiet for over two months now.
An international expert from the Washington DC-based thinktank said the planned test means a "ballistic missile test expected on 17th of December".
This date coincides with the death of Kim Jong-Un's father, Kim Jong-Il, who passed away nearly six years ago.
The launch will involve a "demonstration of a weapon of mass destruction", which will follow an annual military exercise in the country that month.
GETTYA leading US thinktank has revealed the exact date for the next North Korean ballistic missile testThere is a elevated chances of provocations over the next 14 to 30 days
CSIS spokesman The thinktank institute claims December has usually seen a period of "high missile test activity" by the regime in the past five years.
The absence of any recent missile tests has left international monitors puzzled after no warning was issued following this month's South Korean-US military drills.
To the surprise of outside commentators, North Korea has also not yet responded to the US re-designation of the regime as sponsors of terror.
GETTYNorth Korea has not yet responded to the US re-designation of the regime as sponsors of terrorAn official from the hermit kingdom has, however, claimed that North Korea’s nuclear threat is “only aimed at the US” and other countries “should not fear”.
Ri Jong-hyok, the deputy of North Korea's Supreme People's Assembly and director of the National Reunification Institute, attempted to calm World War 3 fears by stating that the rogue nation only has a problem with the United States.
He said: "It's the Korean people's resolute decision that North Korea should face off with the US only with nuclear weapons to achieve the balance of power.
"Our nuclear deterrence is a sword of justice aimed at fighting US nuke and Asia and any country in the world need not worry about our threats as long as they do not join invasion and provocations toward us.”
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