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Earthquake Watch Oct 27-30
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Tag Archives: Warning
Alex to Become Hurricane as Swells Reach Gulf Spill
According to Bloomberg:
Tropical Storm Alex, the first named system of the Atlantic hurricane season, strengthened today over open waters, forcing the evacuation of rigs in the Gulf of Mexico while pushing swells toward the worst U.S. oil spill.
The storm, packing maximum sustained winds of 70 miles (110 kilometers) per hour, was 380 miles southeast of Brownsville, Texas, heading north-northwest at 12 mph, the U.S. National Hurricane Center said in a 7 a.m. CDT advisory. The circulating winds approached hurricane status of 74 mph.
Read the full report at Bloomberg:
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RED ALERT: FX Dislocation In Process
U.S. Dollars
According to The Market Ticker:
8:17 CT
I do not know what is going on here, and I don’t think I want to.
Someone, apparently someone in Asia, wants dollars. A LOT of dollars. There is a forced-liquidation event underway that is massive, it is against all asset classes and it is spreading.
It originated at approximately 7:15 CT this evening and originated out of Asia somewhere. All of the primary currency crosses got hit at once – Euro, Pound, Yen – all weakened dramatically against the dollar and it is still going on. The Asian stock markets got walloped at the same time in coordinated waves of forced selling.
Read the full article at The Market Ticker:
- Alert! If this is true then we must prepare for the worst as there will be serious collapse in the financial market all at once, not sure what is going to happen.
The article had even shown a montage of nuclear explosion but is it that bad? I wonder what does it mean to the people on the ground trading…or the investors.
Does that means more people going into serious debts? More people earning more money via Forex trading?
Do leave your comments on this!
Thanks lowem for the heads up for this alert!
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