In The News Today

Jim Sinclair’s Commentary

The madness cannot be stopped. Watch the following video.

Know that the price of gold is super glued to debt. Debt is totally out of control, and gold is going to flash past $1650 as if it did not exist.

Jim Sinclair’s Commentary

Reports are coming in that Nuclear Plant #4 in Japan is burning, and the threat of a Nuclear meltdown is imminent.

Magnitude-6.4 quake hits Japan hours after 6.6 temblor
April 11th, 2011
07:52 PM ET

A magnitude-6.4 earthquake struck Japan Tuesday morning, after a similar quake rattled the northeastern part of the country Monday evening.

The latest quake struck at about 8:08 a.m. Tuesday (7:08 p.m. Monday ET), according to the U.S. Geological Survey. It had a depth of about 13 kilometers (8 miles) and was centered about 77 kilometers (47 miles) east-southeast of Tokyo.

Earlier, a 6.6-magnitude earthquake struck Monday night, on the one-month anniversary of the country’s devastating 9.0-magnitude quake and tsunami.


Fire at Japan’s crippled nuclear plant, more aftershocks
By Shinichi Saoshiro and Kazunori Takada
Mon Apr 11, 2011 8:35pm EDT

TOKYO (Reuters) – Engineers were fighting a fire at Japan’s crippled nuclear plant on Tuesday as another major aftershock rocked eastern Japan, swaying buildings in central Tokyo and closing Narita airport runways.

Japan is considering raising the severity level of its nuclear crisis to put it on a par with the Chernobyl accident 25 years ago, the worst atomic power disaster in history, Kyodo news agency reported on Tuesday.

Operator of the crippled Fukushima Daiichi nuclear plant, 240 km (150 miles) north of Tokyo, said on Tuesday that its workers were fighting a fire near damaged reactor No. 4.

It was unclear how serious the fire was.

“Flames and smoke are no longer visible but we are awaiting further details regarding whether the fire has been extinguished completely,” said a spokesman for Tokyo Electric Power Co (TEPCO).

News of the fire came only minutes after a 6.3 aftershock struck off the coast of Chiba, 77 km (48 miles) northwest of Tokyo. Kyodo said Japan’s main international airport Narita closed runways for checks but later resumed flights.


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