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Sunday, February 12, 2017

Feet of snow to bring New England to a standstill by Monday

A snowstorm with blizzard conditions will unleash feet of snow and threaten to bring travel to a halt across New England late on Sunday into Monday.
In some areas, this will be the second storm in less than a week to unleash a blizzard and over a foot of snow.
Behind a weak system that returned snow to New England to start the weekend, a second and more potent storm is following to end the weekend and start the new week.
Bliz Feb 12
Before the blizzard develops, slick and hazardous travel will continue to unfold across eastern New York and into New England on Sunday as a band of heavy snow pushes through.
The snow will fall at a rate of an inch or more an hour, quickly covering roads and sidewalks.

Credit to accuweather.com

Jim Rogers: "We're About To Have The Worst Economic Problems Of A Lifetime, A Lot Of People Will Disappear"

Submitted by Patrick Ceresna, Macrovoices.com
"Get prepared," warns billionaire commodity guru Jim Rogers, "because we're going to have the worst economic problems in your lifetime and a lot of people are going to disappear." In this wide-ranging interview with MacroVoices' Erik Townsend, the investing legend discusses everything from whether Russia is being scapegoated ("yes, ask Victoria Nuland"), the war against cash ("governments love it... they want to control everything"), to his views on gold and the demise of freedom.
Full podcast below:

Credit to Zero Hedge

North Korea Launches Ballistic Missile, Tests Trump

Image result for North Korea Launches Ballistic Missile, Tests Trump

With the news cycle clearly far less interested in Trump's golf game or Abe's handicap, just before 8am local time (6pm ET), North Korea decided to provide CNN with some "exciting" news when it fired a ballistic missile into the sea off its east coast, South Korea's military said, in what was the latest test of Trump's resolve to retaliate to North Korean provocations.
This was the first missile launch by North Korea since Donald Trump - who has repeatedly threatened of taking retaliatory measures against such an act - took office. The launch also comes just one day after the US Air Force test-fired a Minuteman ICBM from California.
Cited by Reuters, a US official said that while the U.S. military had detected the missile launch and was assessing it, it was probably not an intercontinental ballistic missile.
The missile was launched from an area named Panghyon in North Korea's western region and flew about 500 kilometers (300 miles) before falling into the sea, the South's Office of the Joint Chiefs of Staff said in statements. "Our assessment is that it is part of a show of force in response to the new U.S. administration's hardline position against the North," the office said.
JCS: missile launched at a steep angle, reached height of 550 km and then flew ~500 km before splashing into eastern sea.

The North tried to launch a Musudan eight times last year during the Obama presidency, but most attempts failed. One launch that sent a missile 400 km (250 miles), more than half the distance to Japan, was considered a success by officials and experts in the South and the United States.

Sunday's launch comes a day after Trump held a summit meeting with Japanese Prime Minister Shinzo Abe and said he agreed to work to ensure strong defense against North Korea's threat. South Korea's presidential Blue House said a National Security Council meeting was called and chaired by President Park Geun-hye's top national security advisor.

One month ago, during his New Year speech, North Korean leader Kim Jong Un said that the country was close to test-launching an intercontinental ballistic missile and state media said such a launch could come at any time, leading Trump to write on Twitter, “It won’t happen!” Trump did not give specifics of how he’d stop Kim’s missile development.

He may have to now.

At the time, Kim's comments prompted a vow of an "overwhelming" response from U.S. Defense Secretary James Mattis. North Korea conducted two nuclear tests and a number of missile-related tests at an unprecedented rate since early last year and was seen by experts and officials to be making progress in its weapons capabilities.

If indeed today's launch is a "show of force" in response to the US hardline position, the entire world will be closely watching to see if Trump is about to fold again as he did on Friday, when he was called a "paper tiger" by China's media after reversing his position on the "One China" policy, and agreeing that he would not challenge China's legacy status with Taiwan.

Credit to Zero Hedge