The only woman in the room

There was only one woman in the room during the phenomenal meeting between the titans with boosted testosterone who several months used to play bluffing, threatening and flattering games. The star of the day is she,  Lee Yun-hyang. Her story is a collective image between the new and the old, Korea to the north and to the south.

A long-time US State Department employee who has been working full time for the US government since 2009, having interpreted for George W. Bush, Barack Obama, and Hillary Clinton. The 61 years old lady on the spotlight had originally wanted to be television producer in South Korea after graduation, but her application was denied because she was a woman. At the age of 33 she decided to escape from her life as a housewife as well as from the discrimination against women.
In 1996 she began teaching the Monterey Institute’s translation program in California. Having tried to return to Korea a few years later to enroll her children in a high school there, but was told that her children were not eligible because they had studied overseas due to their mother’s profession.

For a short time, he taught at Seoul University in 2004, then returned and began living in Washington where he worked for the US government in 2009. To this day, when during an extended bilateral meeting between Trump and Kim Chen -un, with the participation of US Secretary of State Mike Pompey and Kim Jong-cho, Li was the only woman in the room.

Like Asteria (means starry one) from the Greek mythology she escaped from the pursuing restrictions and the local titans turning into a bird and flying over the sea and ultimately not only finds salvation for herself but acquires the supernatural power of incantations.
She is the Harmione Grange in reality having become the Minister of Magic  who has the skill to decipher the code of earthly peace and ease the two main atomic charactetrs. 
The Trinity in the Matrix nowadays, the first positive proof of truth which is connecting hardwired to self-destruct nuclear circuits who are not aware how deep the rabbit hole goes.

By the way, Trinity is the code name of the first experimental explosion of a nuclear weapon.

And as James Brown sings: This is a man’s world, but it would be nothing without a woman (or a girl) and I absolutely agree with this because Lee Yun-hyang made it possible for Trump and Kim to understand one another.

No more war games

  

After months of exchanging threats and insults between the leaders of North Korea and USA, both sides finally met today in Singapore. The historic summit continued five hours and ended with the genesis of what could bring more substantive steps towards denuclearization.  Donald Trump and Kim Jong-un signed a document, which was hailed by Trump as “very comprehensive” but it does not go much further than existing denuclearisation agreement. Much more significant is that these two men met at all.

So in short here are the main points of the Trump-Kim document or the four pillars of denuclearization

1. The United States and the DPRK commit to establish new U.S.-DPRK relations in accordance with the desire of the peoples of the two countries for peace and prosperity.

2. “The United States and the DPRK will join their efforts to build a lasting and stable peace regime on the Korean Peninsula.”

3. Reaffirming the April 27, 2018 Panmunjom Declaration, the DPRK commits to work towards the complete denuclearization of the Korean Peninsula.

4. The United States and the DPRK commit to recovering POW/MIA remains including the immediate repatriation of those already identified.

Now everyone is rushing to join the noisy and loud chorus of congratulations to Trump. But he deserves congratulations you and for what ??? Actually Kim gave nothing he has not already given, and Trump, the great negotiator, gave everything and got nothing except a smile in return.

Control, control, you must learn control!

After years of tension throughout Pyongyang’s nuclear weapons program and months of war threats and insults between the leaders of North Korea and USA, both sides finally came to agreement to hold a summit on June 12. Yesterday the U.S. president Trump called off this planned meeting saying that his decision is based on the tremendous anger and open hostility displayed by Rocket man’s most recent statement. In true Trumpian fashion today we have shift of the mood as he said that North Korea summit may still happen.

Anyone who once believed that this businessman in the White House through his unconventional nature could get to a quick, splendid performance would most likely now face reality. We are witnessing an unprecedented political drama: first bluffing and threatening, then flattering, then threatening again, then flattering again. The result is completely unpredictable, as do the two main characters - Trump and Kim. 

Uncertainty and hesitation are traits of the human nature that we encounter every day. But these are features that should not be displayed by a character like Trump.

Maybe he is mentally and emotionally exhausted or has lost himself in the big game of thrones. Or maybe is preparing his masterpiece. 

Whatever it is, the truth is rarely pure and never simple and most likely Mr Trump do not take into consideration the importance of being earnest.

As my colleague Yoda says: „Control, control, you must learn control!" 

Gold rallies above $1300

The pace in demand for precious metal uplifted significantly after the breaking announcement from President Trump that the planned meeting with North Korea leader Kim Jong-un will not be held. Gold jumped from $1298 to $1306.50 and pinned highest level since mid May. 

Bulls have returned back in the game with strong impacted and added up some more than $10 from yesterday’s highs. Technically speaking the short-term outlook remains bullish. On the four hour time frame the price decisively broke to above the 50% Fibonacci retracement of latest December to January bullish run. Also surpassed the flat 100-day SMA while the 20-day SMA has turned to the upside. RSI is located just below 70 and is losing directional strength. Stochastic is showing extreme overbought conditions and is keeping bullish momentum. 

So far the rally remains capped by the resistance at $1310 and above this level bulls would be tempted by the 38.2% Fibo at $1316. The critical $1300 hurdle turned into support today and below it next relevant is $1291.