Back on April 24, I warned that Kim Jong Un was a real-life "Goodfella" - a mobster who operates as though the rules don't apply to him.
And that made me extremely skeptical that Trump and Kim would even meet in a room anywhere, let alone reach some kind of meaningful agreement on the status of North Korea's nuclear weapons program.
Then on May 24, exactly a month after we issued our warning, Trump canceled the summit scheduled for June 12 in Singapore.
I wasn't exactly surprised.
And since Trump's June 1 announcement that the Singapore meeting is back on, I haven't changed my skeptical stance.
There is one thing that has changed - that is, aside from the on-again, off-again, Trump-said, Kim-said nature of this summit.
The truth is, meeting or no, I've become even more bullish on a special basket of stocks I've handpicked for my Private Briefing readers to cash in on the situation in the Korean Peninsula.
I can't share them all with you - that wouldn't be fair to my subscribers - but I'm going to let you in on a few of my favorites...
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Even if you're an unbridled optimist, it's just not realistic to expect a massive breakthrough with Kim should this summit actually take place. I think it's very likely the best we'll get is a framework or agreement for future talks.
China's President Xi Jinping, for instance, recently revealed he'd spoken to Kim and broached the subject of reviving the long-defunct "six-party talks" between his country, North Korea, South Korea, Japan, the United States, and Russia.
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Of course, a lot's changed since those meetings fizzled out in 2009.
What's more, North Korea has a well-documented history of using "sunshine periods," diplomatic thaws, and "agreements to keep talking" as a way of buying time to advance its military goals.
The country's first leader, Kim Il Sung, did it. His son, Kim Jong Il, did it, and there's every reason to believe Kim Jong Un will continue the time-honored Kim family tradition.
The Hermit Kingdom will present its actions as "earnest, good-faith measures," in an effort to look good in front of the rest of the world, but the true motivations behind these steps aren't always so noble.
For instance, the mainstream media framed North Korea's decommissioning and destruction of its only known nuclear test site - a mountaintop facility and complex of subterranean tunnels known as Punggye-ri - as a positive "step in the right direction" ahead of the summit.
But I think Kim's move here is highly suspect for three reasons:
Simply put: In the absence of any kind of huge, unexpected breakthrough, the United States will still be faced with the stark reality of a nuclear-armed North Korea - one with the ballistic missile capability to threaten the United States, its Pacific territories and bases, and regional allies virtually at will.
And it will have to contend with the high probability that North Korea will continue beefing up its missile program while any talks continue.
So the need for robust interceptor technology isn't going away any time soon. In fact, this tech will need to get better and better to cope with the threat.
That alone would be enough to drive the focus on missile interceptor technology into higher and higher gear. And that will fuel a continued focus on defense technology - and defense spending.
But remember: North Korea is hardly the only country with worrisome ballistic missile capability.
Iran, for instance, has an advanced ballistic missile program. One of Trump's rationales for breaking the nuclear deal was that the agreement was too narrow and didn't do enough to address Iran's missile development. And this week, the Islamic Republic announced it was eyeing a boost to uranium enrichment within the permitted limits of the deal and, more troubling, even higher quantities if the rest of the deal collapses.
China and Russia are still on the threat radar, too, as are any one of a dozen stateless terror groups who'd love nothing more than to land a ballistic, kiloton-range blow against the United States.
Fortunately for all of us, these folks are on the job...
Back in February 2013, in a piece titled "If This Stock Doubles, Thank North Korea," I warned that Pyongyang's nuclear ballistic missile program was destined to become a huge global security issue. I said it would trigger a big push to develop missile interceptor systems.
Plus, I said that Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD) (then called GenCorp), which makes the rocket motors for missile interceptors, would likely double.
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Well, double it did. And a whole lot more.
And the complex nature of the global missile threat picture means that, for the rest of the foreseeable future, there will be...
No matter what happens during the Trump-Kim summit in Singapore – and whether it is canceled or not – defense technology that includes missile interceptors and drones is a big profit window for us. And it’s one that I’ll be watching like a hawk.
You can bet on that… and profit from it.
In the last year alone, this man's followers had the chance to close out mind-boggling peak gains, like...
334.2% on Boeing...
448.3% on Micron...
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469.69% on Advanced Micro Devices...
400.21% on NXP Semiconductors...
343.15% on NetEase...
That's just to name a few. In just the first five years of his service (2011 to 2016), he identified over 217 double- and triple-digit winners... that was an average of almost four double- or triple-digit winners every single month.
And he recently revealed his latest potential moneymaking play exclusively with a small group of his readers. Click here to learn more.
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