Black Monday: Nuclear Meltdown in Japan

Japan to pump up to $3 trillion yen through open market operations Monday.

http://www.sify.com/finance/scenari...-ease-quake-pain-news-others-ldnnOhhbhaj.html

This is only what... 30-40 billion USD.

 

USDJPY got tanked as well.

 

A former adviser on radiation to the UK government, Dr Christopher Busby, has told the BBC the situation at the nuclear plants is extremely serious. "Particularly concerning is the [Fukushima] number three reactor which I understand is in trouble now, because... it runs on a different sort of fuel; it doesn't run on uranium, it runs on a mixed uranium plutonium fuel, and plutonium is an extremely serious hazard so if this stuff comes out then it's going to make what's happened so far, in terms of the tsunami damage, look a little bit like an entrée to the real course."

 

My Japanese sources are very skeptical of these claims, FWIW.

 

What's that.... a week's worth of Bernanke's QE2?

 

Black Monday does not look too black too me. FX opens pretty flat and calm. Same with metals.

 

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Wow! You're right. The FX open looks like any other Monday open. Not bad for a biblical Earthquake/Tsunami/& Multiple Nuclear Meltdowns.

 

lets see.. 34 mil eoplel 130 miles from reactors..I wonder if they will manage the real truth of the potential threat?

 

TEPCO is now confirming a rise in radiation levels at the Fukushima Daiichi plant

 

Market dosnt think that Tom will be a Black Monday

We know market knows every thing in advance

Sp is down only 9 to 10 points, if it was that bad then sp should be down 20- 30 point

We wil see tom, looks like some people are short here and you know what the wish !

God help Japan