Jump to content
House Price Crash Forum
gone west

Rita Now Category 5

Recommended Posts

This may boost gasoline prices, and sink the dollar and the US markets. Gold may get a further kick up the backside.

A quarter of the US's gasoline is refined in that area.

Edited by the end is nigh

Share this post


Link to post
Share on other sites

Rita still has some way to go to hit land.This could get messy.

165mph already...could get worse.

.....as for gold getting a kick up the backside.....dunno.

if the data about katrina is bad then the decision to raise IR's last night will look like a big mistake if rita causes serious damage.

...this could cause an oil shock with a recession following.

gold may actually come DOWN if we get bad economic news in a couple of months.

however,invading iran would stabilise it for sure.

Edited by oracle

Share this post


Link to post
Share on other sites

with the dollar and pound going to take a pounding by all accounts... where, apart from gold, can you put your money to protect it from any substantial hits to these currencies? (and I'm not interested in Haliburton!)

Share this post


Link to post
Share on other sites
with the dollar and pound going to take a pounding by all accounts... where, apart from gold, can you put your money to protect it from any substantial hits to these currencies? (and I'm not interested in Haliburton!)

Buy the TSX. Buy the TSX Energy Index. Buy the TSX Gold Index. Buy oil and gold stocks.

Share this post


Link to post
Share on other sites

Just mentioned it in another thread but on CNBC news a few minutes ago it said 76% of crude and 47% of natural gas production was down. This could turn very very messy indeed! :(

Edited by bring_it_on

Share this post


Link to post
Share on other sites

my ex wife lives in corpus christi texas. right in the path.

this shoud blow her knickers off...that slag... :angry:

Oh, she's a slag, and he is a creep

: She is a tart, he's very cheap

: She is a slut, he thinks he's tough

: She is a bitch, he is a puff

: Yeah Yeah It's not fair

: Yeah Yeah It's not fair

: I'm so upset

Edited by right_freds_dead

Share this post


Link to post
Share on other sites
And luckily there's coastal nuclear reactor in it's path.  (Stormproof of course - but not to the extent it's not been shut down and fled from by it's Homer Simpson like employees.  Time for a crack team of Al-Q looters to pick up some b*mb supplies, no doubt.)  :ph34r:  :rolleyes:

..naaah,AQ have probably looted some now defunct ex-soviet state for it's nukes..all they really need is a delivery system(a 747 will do) and a easy detonation mechanism(probably mobile phone....which 2 uk operators are going to allow in-flight next year,just hope it doesn't go transatlantic!)

Share this post


Link to post
Share on other sites
my ex wife lives in corpus christi texas. right in the path.

this shoud blow her knickers off...that slag... :angry:

Oh, she's a slag, and he is a creep

: She is a tart, he's very cheap

: She is a slut, he thinks he's tough

: She is a bitch, he is a puff

: Yeah Yeah It's not fair

: Yeah Yeah It's not fair

: I'm so upset

silver lining?

Share this post


Link to post
Share on other sites

Anybody know what the chances are of this thing actually losing power and limiting the damage? Or is it a definite that we are in for a similar Katrina scenario?

Share this post


Link to post
Share on other sites
Right_freds_dead ... isn't that right_said_fred?  :)

it was until part of my equilibrium got a lethal dose of gamma radiation. now i must make the world believe that this part of my personality is dead. (stands over rainy grave with right freds dead on it).

grrraaahhhhh...!!!

Edited by right_freds_dead

Share this post


Link to post
Share on other sites

.....makes you wonder if the US have the right idea about getting heavy with the arabs doesn't it?

they might nick all the crude but it won't do much good if mother nature has taken out all the refineries.

mother nature says........GIMME RESPECT OR ELSE!!!!

Share this post


Link to post
Share on other sites

And you know what the very worst thing about this will be?

The politicians who've let the economy climb up to its dizzy edge of abyss position will be able to escape blame.

Now that'd be very british. Blaming the weather.

;-/

Share this post


Link to post
Share on other sites
.....makes you wonder if the US have the right idea about getting heavy with the arabs doesn't it?

they might nick all the crude but it won't do much good if mother nature has taken out all the refineries.

mother nature says........GIMME RESPECT OR ELSE!!!!

She is just trying to get George to say "uncle" and admit global warming does exist.

Share this post


Link to post
Share on other sites
Guest The dude
Jilted John  :D

One of our Dinner Ladies at school in 1979 had the unfortunate name of Mrs Gordon.......

aka the legendary John Shuttleworth!..that great songsmith...

Share this post


Link to post
Share on other sites
Projected path and location of rigs - even got pics of a lot of the rigs they sort of look "skinny" comparedto North Sea ones.  :huh:

Katrina swooped bang over the middle of over the area dotted with mobile ones Katrina's headed in the direction of the fixed ones.

http://gom.rigzone.com/rita.asp

Looks like it is headed to some pretty heavily populated areas. Houston is only 50 miles from the coast, the eye will not even be over land before hurricane force winds hit Houston!

Share this post


Link to post
Share on other sites
Anybody know what the chances are of this thing actually losing power and limiting the damage?  Or is it a definite that we are in for a similar Katrina scenario?

From:

http://www.nhc.noaa.gov/text/refresh/MIATC...ml/212052.shtml

BECAUSE RITA WILL BE CROSSING AN AREA OF HIGH HEAT

CONTENT DURING THE NEXT 12 TO 24 HOURS...IT IS EXPECTED THAT THE

HURRICANE WILL MAINTAIN ITS STRENGTH. THEREAFTER...THE OCEAN HEAT

CONTENT IS NOT AS HIGH AND THE INTENSITY CHANGES WILL BE CONTROLLED

MAINLY BY EYEWALL REPLACEMENT CYCLES AND DECREASING HEAT CONTENT.

SOME WEAKENING IS ANTICIPATED BUT RITA IS FORECAST TO MAKE LANDFALL

AS A MAJOR HURRICANE...AT LEAST CATEGORY THREE.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.