23 April 2013 (21:14 UTC-07 Tango 22 April 2013)/12 Jumada t-Tania 1434/03 Ordibehest 1391/14 Bing-Chen (3rd month) 4711
“In my analysis North Korea could survive for the next hundred years just by exporting their underground resources….”-Yang Moo-jin, University for North Korean Studies
In August 2012, the South Korean based think tank, North Korea Resource Institute, estimated that the DPRK is worth almost as much as $10 trillion USD, because of what lies underground. This estimate is $4 trillion higher than the estimate given by Korea Resources Corporation back in 2010.
The estimate has gone way up because prices for mineral resources (like gold) have gone up. Put in another way, North Korea is worth 21 times what South Korea is worth, mineral resource wise.
According to a 2011 article by EastAsiaForum, the Democratic People’s Republic of Korea has some of the World’s largest deposits of coal, iron ore, magnesite, gold ore, zinc ore, copper ore, limestone, molybdenite, and graphite.
Recently I heard that North Korea is third in the world for rare earth minerals (China is first and South Korea is second), you know, that stuff in the dirt that’s become worth a lot of money because it’s used in all you all’s cell phones.
China has invested big time in helping North Korea develop its mining industry, which would seem to dictate that China continue backing up North Korea against the United States.
The reason why North Korea is so poor is because of decades of U.S. led economic sanctions. Those sanctions are part of the reasons why the DPRK’s mining industry operates at only 30% capacity.
So all that rhetoric from the U.S., Republic of Korea and Japan about not allowing North Korea be a nuclear power is just False Flag bullshit! As usual it’s about controlling natural resources.