While Kim Jong Un has met his match when it comes to rhetoric and CNN is doing its best for blaming Trump, despite Kim saying that Trump was “driving the situation on the Korean peninsula to the brink of a nuclear war” with his continued rhetoric, it seems curious why CNN is taking Kim’s side.

It is true that Trump has maintain a strong posture but world leaders always boast and hurl rhetoric for that is preaching to their own people. The more dangerous issue is Kim has nothing to stand upon. If he launches four missiles toward Guam as a show of force, he risks the embarrassment of what if the US can shoot down a missile that would take just 17 minutes to reach its target? The whole Star Wars project put in place by Ronald Reagan against which the Democrats voted claiming it was stupid, could be vindicated here in a major way and that would demonstrate to the people of North Korea that Kim’s ICBMs would not be able to really threaten the world. He would suddenly appear to be weak and vulnerable.
CNN is just bashing Trump and will blame him for everything. That seems to be their agenda and thereby CNN has already taken sides supporting North Korea. Their hatred of Trump clearly knows no limits. I took the time to watch Anderson Cooper who has a panel that is a real joke stacked 5:1 against Trump and then they have the audacity to claim they are the “most trusted news source” is the real rhetoric.

Both China and Russia are desperately trying to intervene to cut a deal. Trump will NOT use nuclear weapon on North Korea and that is too close to China and Russia who both border with North Korean. CNN is distorting the issues desperately and this is really dangerous. Bashing Trump constantly can send a false signal to Kim that he is the hero here. It is CNN that is seen internationally and there in lies the entire problem for they can instigate war.
Trump has said that “Military solutions are now fully in place, locked and loaded, should North Korea act unwisely. Hopefully Kim Jong Un will find another path!” His statement of “fire and fury like the world has never seen” is again not a reference to exclusively nuclear weapons. The US has massive conventional bombs.

The US dropped what is called the “mother of all bombs” in Afghanistan a few months ago, The “options” are significant short of nuclear weapons and the US is restrained from using nukes by both the proximity of China and Russia. It is CNN who is distorting everything for local ratings and they have becomes a very dangerous organization who is far more capable of starting war as sis Pulitzer and Hearst than anyone else in history since their viewership is worldwide.

Investment and financial consultancy services are offered on behalf of Armstrong Economics. PEI does NOT provide personal guided advice for any individuals regardless of residency or nationality. PEI provides forecasting based upon objective computer models in most leading financial centers worldwide through its affiliates and/or representative arrangements. The information provided is believed to be reliable, however accuracy and completeness are not guaranteed. This information is offered to professional investors and institutions. PEI does trade on a proprietary basis in selected markets around the world. PEI accepts NO managed accounts on behalf of any individuals no matter the country of residence or origin. PEI predominantly engages in hedging contracts and currency overlay business on behalf of business and institutions. Individuals seeking to use the forecasting services of PEI should seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content relative to their personal financial investment situation. Keep in mind that a forecast in the local currency of that instrument may prove to be correct but a swing in the underlying currency can make that same forecast dangerous to someone investing in a different currency.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD extends gains above 1.0700, focus on key US data

EUR/USD extends gains above 1.0700, focus on key US data

EUR/USD meets fresh demand and rises toward  1.0750 in the European session on Thursday. Renewed US Dollar weakness offsets the risk-off market environment, supporting the pair ahead of the key US GDP and PCE inflation data. 

EUR/USD News

USD/JPY keeps pushing higher, eyes 156.00 ahead of US GDP data

USD/JPY keeps pushing higher, eyes 156.00 ahead of US GDP data

USD/JPY keeps breaking into its highest chart territory since June of 1990 early Thursday, recapturing 155.50 for the first time in 34 years as the Japanese Yen remains vulnerable, despite looming intervention risks. The focus shifts to Thursday's US GDP report and the BoJ decision on Friday. 

USD/JPY News

Gold closes below key $2,318 support, US GDP holds the key

Gold closes below key $2,318 support, US GDP holds the key

Gold price is breathing a sigh of relief early Thursday after testing offers near $2,315 once again. Broad risk-aversion seems to be helping Gold find a floor, as traders refrain from placing any fresh directional bets on the bright metal ahead of the preliminary reading of the US first-quarter GDP due later on Thursday.

Gold News

Injective price weakness persists despite over 5.9 million INJ tokens burned

Injective price weakness persists despite over 5.9 million INJ tokens burned

Injective price is trading with a bearish bias, stuck in the lower section of the market range. The bearish outlook abounds despite the network's deflationary efforts to pump the price. 

Read more

US Q1 GDP Preview: Economic growth set to remain firm in, albeit easing from Q4

US Q1 GDP Preview: Economic growth set to remain firm in, albeit easing from Q4

The United States Gross Domestic Product (GDP) is seen expanding at an annualized rate of 2.5% in Q1. The current resilience of the US economy bolsters the case for a soft landing. 

Read more

Majors

Cryptocurrencies

Signatures