Jim Sinclair’s Commentary
This will soon be your lawnmower gas gauge.
Jim Sinclair’s Commentary
MOPE is everywhere, truth is nowhere.
Japan nuke plant blast may be worse than Chernobyl: Indian experts
2011-03-13 16:06:42
NEW DELHI, March 13 (Xinhua) — Some Indian experts have warned that the explosion at Japan’s Fukushima Daiichi nuclear complex may be worst than Chernobyl even as the quake-hit nation seeks to reassure its people that the country would not experience a full- blown nuclear disaster.
At least 15 people have been reportedly admitted to hospital with symptoms of radiation poisoning after a blast ripped through a reactor at the Fukushima nuclear power plant yesterday. The emergency cooling system is said to have been failed at another reactor at the Fukushima plant.
The authorities, who have ordered the evacuation of 170,000 people from the area within a radius of 20 km at Fukushima, 250 km northeast of capital Tokyo, however, said there are no health concerns though fluctuations in the radiation level can be expected.
But some Indian experts are not convinced.
"There are a total of 10 reactors at the two plants at Fukushima nuclear complex. Yesterday, there was an explosion at the No. 1 nuclear plant in the wake of 8.9 magnitude quake and tsunami in the region, which destroyed a reactor and reports suggest that another reactor may also explode," said Delhi-based nuke security expert V.K. Duggal.
Jim Sinclair’s Commentary
All problems are met by QE.
BOJ injects record 7 trillion yen to soothe markets
Sun Mar 13, 2011 8:14pm EDT
TOKYO, March 14 (Reuters) – The Bank of Japan on Monday injected a hefty 7 trillion yen ($85 billion) into the money market in a same-day market operation aimed at soothing market jitters after a massive earthquake and tsunami hit northeastern Japan.
This was the central bank’s first so-called same-day operation since last May, when the Greek debt crisis roiled the global financial markets.
BOJ Governor Masaaki Shirakawa said on Sunday that the central bank would provide huge amounts of liquidity to the banking system on Monday, reinforcing the bank’s determination to keep markets stable in the wake of the disaster. ($1 = 81.915 Japanese Yen)
