Loading ...Will monitor Key West cam when the storm hits on Friday.
Per bubblevision
Rumor … the UN sanctions against N. Korea will include a fuel-oil embargo.
In that case I think something will break … one way or another.
re fed is trying to unwind all those bond purchases that kept rates low to financed Auto and Home Sales
Bla bla bla,
Its all scare tactics. They print the money to buy the bonds. No skin off anyone’s ass, except the poor abused savers that get zero interest on savings account or low interest for bond investments. Unwinding or selling the Bonds should raise the rates.
That would KILL Auto and Real Estate sales. Unwind or sell Bonds? Their asses are sucking canal water. They would screw themselves doing that. There fear would have to be retail people and foreign bond owners selling out fast. But the “printer of last resort” can buy them also.
Do not believe anything they say or imply in their media. In my opinion ZERO missiles were fired over Japan or anywhere else. They CONSTANTLY need a “bad guy” out there. They NEVER stop. Iran Cuba Syria, Russia, now it N Koreas turn. Can’t let them feel left out ya know. 🙂
RNO – agree
“just when i think the perfect storm can’t get any worse, something new comes along. financial, wars, natural disasters, government corruption and social morons, muslims declaring no xmas in an american city. three days after a major hit on the electrical grid is going to expose all the incompetence, corruption and entitlement seekers.
this trend is heading toward disaster.”
Fisher has only been a Fed member for a short time. Trump makes a budget deal with Pelosi and Schumer, establishment Reuplicrats feign indignation.
Good reason to hit gold and almost bring the USD back to even on the day. Course, an outsized hit to the already downtrodden shares. I don’t think it will last for long though. Crazy Kim will shoot off more fireworks, whatever, but I think gold’s six year spanking is about over.
Something is coming and it won’t be good IMHO.
Just a couple more months…
Another fed member resigns
this may be huge or a non event. the fed is trying to unwind all those bond purchases that financed obamas corruption spree. who is going to buy those bonds and at what price? why are fed board members bailing? does this have anything to do with pm going up?
this will be the second fed board member appointed by trump. who and how will the federal reserve be bailed out if interest rates rise suddenly world wide? how can this end without washing out the enormous debt load worldwide that will never be paid back? crypto currencies backed by nothing but air or drugs?
just when i think the perfect storm can’t get any worse, something new comes along. financial, wars, natural disasters, government corruption and social morons, muslims declaring no xmas in an american city. three days after a major hit on the electrical grid is going to expose all the incompetence, corruption and entitlement seekers.
this trend is heading toward disaster.
rno
Ororeef
There was a storm think ” your sleeping beauty trip to Rum which must have been awesome it was later one in 1928 I think one in 1935 one on Labor Day what a coincidence and no one claimed global warming then. One killed about 2500. Mostly black migrants that got no real burial to speak of just buried as no one could identify or claim them. A man spoke of this little toddler girl around two who days before showed him her birthday bracelet and by then body’s were decomposing so fast they were ordered to burn them. He found the child who drowned with her bracelet still on and broke his heart having to throw her in that fire. Hope Wanka gets himself and his wife out. Most dry docked their boats and hope those cars on the pic should be parked in any high ground garage.
Buygold
I wonder if those birds were refugees from hurricane Harvey?
Mobius Foresees Cryptocurrency Crackdown Sparking a Rush to Gold
Mark Mobius is sensing danger in the explosive growth of cryptocurrencies.
Governments will begin clamping down on digital currencies because of their use in illicit financing, with terrorist groups to drug dealers contributing to their rise, Mobius, executive chairman at Templeton Emerging Markets Group, said in an interview in Hong Kong Monday.
“Cryptocurrencies are beginning to get out of control and it’s going to attract the attention of governments around the world,” Mobius said. “You’re going to get a reversion back to gold because people are going to wonder, can I really trust these currencies?”
And the crackdown may have already started — at least in China, home to the majority of bitcoin miners.
latest NOAA projection
forecasts irma pivoting northwards on saturday, the center of the storm making landfall near miami, raking the southeast florida coast sunday, and going offshore monday morning near daytona.
this is the most densely populated part of florida.
the center of the storm presently has 185 mph sustained winds.
IF this storm plays out along the lines of this projection, it could get ugly – really ugly.
then… if this projection proves accurate, the carolinas are in harms way…
That’s a lot of fires!
As Hurricanes Slam The South, Shocking Images Show The Western US Is Literally On Fire
Nice hit for Excellon
Excellon Drills 2,255 g/t Silver Equivalent Over 11.1 Metres at Platosa
Couldn’t hurt …
ECB could buy gold to revive economy
Gold, shares, and exchange-traded funds (ETFs) – the European Central Bank (ECB) may turn to buying any or all of these in an attempt to boost inflation in the currency bloc.
Yves Mersch, a member of the ECB’s executive board, said that the purchase of these assets was “theoretically” an option for the central bank, which earlier this year resolved to “take further unconventional measures to counteract a lengthy period of lower inflation”.
His speech, delivered in German, came as official statistics published on Friday showed inflation of just 0.4pc in the year to October.
Very low levels of inflation were characterised by Mr Mersch as “abnormally low”, as price growth remained well below the ECB’s target of close to 2pc.
The official said that while there was scope to buy such assets, the ECB is about to embark on a programme of asset-backed securities purchases.
more http://www.telegraph.co.uk/finance/economics/11235269/ECB-could-buy-gold-to-revive-economy.html
Hey Maya – That is a very unfair portrayal of us Floridians
We know to furl our beach umbrellas , even during a puny Cat. 1 hurricane !
Sometimes we even leave the beach .
Morning RNO
The rumbling has stopped for now. The bird indicator on Monday didn’t really come to fruition this time.
Trump may be the volcano in the financial world but whatever, financial or not, seems to be coming.
In the Midst of Adversity
This Hasn’t Happened to Gold in Over a Decade
Sep 5, 2017 9:14 AM
The next leg up for Gold is officially here.
Gold has broken out of the mother of all triangle patterns established by the long-term bull market trendline established in 2006 and its seven-year descending line from the 2010 peak.
Of course, things won’t be moving in a straight line from here. But the upside target for this formation is well north of $3,000 in the next few years (again, remember this formation took over a decade to form).
When I was still Scuba Diving
I was on an Island called RUM CAYE …360 miles SE of Miami and the story going around was back in 1913 or so a A Hurricane came through and killed 3000 people and two weeks later another came through and took the top soil away leaving it bare coral for years until it gradually came back to be a fishing village and Fantastic Scuba Diving place every thing looked so pristine and Natural when I was there …….There was a reason for that ….when you know the History…
