Monday, April 25, 2011

Heavy Rain Prompts Flood Concerns in Mo., Ky.

Towns along Mississippi,

Ohio River valleys prepare

April-25-2011--POPLAR BLUFF, Mo. - Thunder roared and tornado warning sirens blared, and all emergency workers in the southeast Missouri town of Poplar Bluff could do Monday was hope the saturated levee holding back the Black River would survive yet another downpour.

Murky water flowed over the levee at more than three dozen spots and crept toward homes in the flood plain,

Some had already flooded.

If the levee broke — and forecasters said it was in imminent danger of doing so —

some 7,000 residents in and around Poplar Bluff would be displaced.

Video: Heavy Rain Prompts Flood Concerns in Mo

Thousands Evacuate as Missouri Town's Levee Threatens to Burst

















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George Soros NEW WORLD ORDER! China must be brought in! Orderly Decline

WORLD FOREX:

Dollar Edges Lower As Market Awaits Fed Meeting

April-25-2011--NEW YORK --The dollar edged slightly lower on Monday as investors refrained from betting aggressively for or against the US currency ahead of a key Federal Reserve policy meeting this week.

The dollar's contained moves reflected how much negative news the beleaguered currency has already priced in and how likely the unit would be to rebound if the Fed gave a surprisingly hawkish assessment of the economy. Concerns about the U.S. fiscal outlook and ultra-loose monetary policy have made the dollar an unattractive alternative to higher-yielding currencies such as the euro and pound.

But in markets still thinned by the Easter holiday, traders largely refrained from driving the dollar to new multi-year lows against most major currencies.

Questions for Bernanke? Details of News Conference

Dollar steadies ahead of Fed rate-setting meeting






















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The Silver Log (04.25.2011) $50 Resistance Test

Precious metals cool after reaching highs

April-25-2011--Gold reached $1518.10 per troy ounce, a nominal record,

while silver climbed to $49.31 per ounce, its highest level since a supply squeeze in 1980.

Precious metals prices have surged as investors search for havens from a variety of risks, from inflation and weaker currencies to political turmoil.

“There’s been a resumption of sovereign risk worries in Europe,

safe haven buying related to Japan and more recently, discussions over US debt,”

Silver, Gold Prices Settle Off Highs

Silver, Gold Hit Records Ahead Of Fed Meeting

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