North Korea is a closed, isolated country that is not a part of the global economy. However, this country has an impact on the rates of major currencies including the U.S. dollar. North Korea, hostile towards the neighboring South Korea, Japan, and some US territories, periodically threatens these countries. Nowadays this conflict is limited by the exchange of threats, military exercises and weapon testing, but each threat is noted by the global market and by investors as a signal that it is time to invest in “safe assets.” The more significant the threats, the more they affect the market. As a result, we have a chance to get high profit quickly, if we pay attention to the geopolitical situation.
As for the threats, the President of the United States Donald Trump, as well as the leader of North Korea Kim Jong-Un, do not limit themselves in this and seem to compete with each other to see whose threat will be better. Of course, such a conflict could potentially lead to a full-scale war, but for now we can continue to watch quietly how North Korea is able to bring traders impressive gains amid new weapons testing and new threats exchanges between the US and North Korea. There probably is no other isolated country which can affect the market this way. A new round of conflict occurred on September 3, when North Korea announced a successful test of a hydrogen bomb.
In these restless times the Gold becomes a great tool for investment again. The latest news about the escalation of the conflict was immediately reflected in the value of the dollar, the yen, but above all, the intensification of the conflict had an impact on the value of gold, which has already risen to $1,334, the maximum for the past year. If you opened the deals to BUY last week, you would earn a very high profit now, but we'll have a lot of other possibilities to earn, thanks to North Korea. Soon we would have at least a new price correction, as soon as this round of conflict subsides. This means that now it's rather easy to make a profit in Forex trading using Gold, the yen, or the dollar. All you need to do is follow the news concerning the Korean Peninsula and the statements by the leaders of the United States and North Korea related to the conflict.
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