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ISSUES....
Inside, confidential and off the record


US/NK “Summit” cancelation




In the end a delay in the Summit will work to the benefit of the Trump Administration.

ON THE POLITICAL FRONT, the focal point is of course the cancellation of the June 12th
US/North Korean “Summit” meeting announced by President Trump yesterday in the letter sent to Kim Jung-un and included here this page this morning. We have learned that the North Korean “Sherpas” had missed a scheduled planning session with their US counterparts last week, making it rather clear that Pyongyang was not at all prepared to proceed.

Further, we are becoming aware of just how disastrous was the collapse of North Korea’s nuclear weapons testing site several months ago following the North’s last nuclear explosion. Ariel photos now show that the site has been effectively leveled, rendering the country
incapable of further testing. We suspect that that harsh reality has played into the North’s decisions of late, for it no longer has an important bargaining chip at its disposal.

Finally, a delay in the Summit will work to the benefit of the Trump Administration and to the
Republicans, for the Summit will eventually take place but now it will take place closer to the November mid-term election and will be “warmer” in the hearts ofthe US voters.

Dennis Gartman / The Gartman Letter / May 25, 2018


ISSUES.... 05/ 28/ 2018 - Send Us Your Issues

Inside, confidential and off the record

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