Archive for April, 2010

Honda recalls 167,000 Acura TSX for possible fire hazard

Filed in Gold, Gold Spot Market, lead by on April 30, 2010 0 Comments

Honda Motor Company’s luxury vehicle division Acura announced Friday a recall of some 167,000 Acura TSX models to replace a power steering hose that could lead to a “smoke or a fire” hazard. “Affected TSX vehicles are 2004-2008 models sold in the United States with the 2.4L inline 4-cylinder engine,” a company statement said, adding that the repair “involves installing a new power steering hose, o-ring gasket and fluid.” Honda said the hose has a potential “for premature deterioration… as a result of prolonged exposure to high under-hood temperatures” and could develop cracks allowing power steering fluid to leak on the hot exhaust system “potentially generating smoke or a fire.” The repair, it added, will be “all done at no cost to the vehicle owner.” === WRH permalink

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Greece paves way for IMF rescue deal by agreeing savage cuts

Filed in economy, euro, gld, Gold by on April 30, 2010 0 Comments

Greece and the wider eurozone scrambled back from the brink of disaster again yesterday as the outline of an IMF/eurozone rescue package emerged. The Greek prime minister, George Papandreou, told his nation’s parliament that it must accept the main condition of the emergency loans – which would mean a further €24bn (£20.8bn)

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Document: BP didn’t plan for major oil spill; asserted adverse environmental impacts unlikely

Filed in gld, Gold Spot Market, lead by on April 30, 2010 0 Comments

British Petroleum downplayed the possibility of a catastrophic accident at an offshore oil rig that exploded and caused the worst U.S. spill in decades along the Gulf Coast. In its 52-page exploration plan and environmental impact analysis for the well, BP repeatedly suggested it was unlikely, or virtually impossible, for an accident to occur that would lead to a giant crude oil spill and serious damage to beaches, fish, mammals and fisheries. The U.S. Coast Guard estimates the mile-deep well is spewing 200,000 gallons per day. === The Gulf of Mexico experiences hurricanes every year. Knowing this, anyone that believed BP’ impact analysis is a damned fool. This is Katrina all over again. WRH permalink

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TierOne Banks Transaction With Great Western Bank Denied

Filed in Gold Investing by on April 30, 2010 0 Comments

TierOne Corporation , the holding company for TierOne Bank , announced that the Company and the Bank received notification today from the Office of Thrift Supervision , the Bank’s primary regulator, that the Bank’s application to sell deposits, sel TierOne Banks Transaction With Great Western Bank Denied

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Golden Valley Bank Reports First Quarter Earnings

Filed in earnings, Gold, Gold Investing by on April 30, 2010 0 Comments

Golden Valley Bank , headquartered in Chico, California again reported its most profitable quarter since the Bank’s 2006 opening. The company earned $193,833 in the quarter ended March 31, 2010. The Bank’s total assets were $94.5 million, up 19% fr Golden Valley Bank Reports First Quarter Earnings

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U.S. West Coast Products-Gasoline off on low interest

Filed in Gold Investing by on April 30, 2010 0 Comments

HOUSTON, April 30 – Los Angeles wholesale market gasoline fell 1.25 cents on Friday on low buying demand due to the pause in pipeline shipment scheduling cycles for May, traders said. Los Angeles ethanol-blend CARBOB gasoline for May at 0.25 cent U.S. West Coast Products-Gasoline off on low interest

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Alaska Air board adopts shareholder right to call special meetings

Filed in Gold Investing by on April 30, 2010 1 Comment

April 30 – Alaska Air Group Inc: * Board adopts shareholder right to call special meetings * Says board of directors voted to amend bylaws to adopt a shareholder right to call special meetings * Says shareholders collectively owning at least 10 Alaska Air board adopts shareholder right to call special meetings

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US FDIC says Champion Bank of Missouri has failed

Filed in Gold Holdings by on April 30, 2010 0 Comments

WASHINGTON, April 30 – The Federal Deposit Insurance Corp said on Friday: * U.S. fdic says champion bank of Creve Coeur, missouri has failed * U.S. fdic says bankliberty of liberty, missouri to assume all deposits of champion bank * U.S. fdic s US FDIC says Champion Bank of Missouri has failed

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Rep. James Traficant on Alex Jones – April 30, 2010

Filed in Bank Gold, gld, Gold, Gold Spot Market by on April 30, 2010 0 Comments

James and Alex discussed Waco, IRS, Taxes, Israel, and much more! Plus many other related links. Previous appearance WRH permalink

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New speed cameras trap motorists from space

Filed in Gold Spot Market by on April 30, 2010 0 Comments

A new type of speed cameras which can use satellites to measure average speed over long distances are being tested in Britain. WRH permalink

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Cold fusion experimentally confirmed

Filed in Bank Gold by on April 30, 2010 0 Comments

U.S. Navy researchers claimed to have experimentally confirmed cold fusion in a presentation at the American Chemical Society’s annual meeting. “We have compelling evidence that fusion reactions are occurring” at room temperature, said Pamela Mosier-Boss, a scientist with the Space and Naval Warfare Systems Center (San Diego). The results are “the first scientific report of highly energetic neutrons from low-energy nuclear reactions,” she added. WRH permalink

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Earthquakes, Global Warming, and Bad Journalism

Filed in Bank Gold by on April 30, 2010 0 Comments

Let’s get something straight: Earth isn’t mad at us. The string of devastating earthquakes that has plagued the planet through the first part of 2010 is just bad tectonic luck. And the small volcanic eruption in Iceland that made big headlines was equally random. The is no connection whatsoever between them, except for the fact that they occurred in the same year on the same planet. A planet inhabited by at least one person — respected science journalist and author Alan Weisman — who wants to shout “Doomsday is Upon Us!” From the nearest media mountaintop. WRH permalink

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