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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (21380)	1/14/2005 1:38:03 PM
From: Chispas	Read Replies (1) \| Respond to of 116555

Anorther Ure Alert - "Is California Starting to Move?"........ We don't have enough information yet, but there's a very good question which has been raised by our friend the Gold Trader. He noticed (as did everyone in the L.A. area who listens to the radio, that there are warnings out about the stability of Prado Damn, north of the 91 freeway east of Anaheim. The National Weather Service advisory goes like this: "The National Weather Service in San Diego has issued a Flash Flood Watch for areas along the Santa Ana river below the Prado Dam in western Riverside County to the river mouth in Orange County. A leak has developed in the Prado dam. The size of the leak has increased overnight but an imminent failure of the dam is not anticipated at this time. The Army corps of engineers is assessing the stability of the dam at this time and additional information will be available later this morning. " Normally, this would be chalked up to the aftermath of the heavy rainfall we have experienced in the Los Angeles Basin in the past week - when we had an entire year's worth of rain in a single week. But, my friend the Gold Trader wonders about something else. "Get out your Streets and Trips software and measure up from the Prado Dam area to Fontana..." "OK, lemme see....about 15 and a half miles, it looks like," I told him after some scrambling to load up Streets & Trips (which we think is the best of class for driving around, especially with our MS GPS module plugged in). "OK," said the GT - "Click over to and look at the map... and look at the cluster of quakes we've had this week west of San Bernardino..." "You see all those quakes up 2-miles NW of Fontana?" "You're thinking the dam cracked because of quake related movement?" I asked. "You're welcome to draw your own conclusions,." he advised. "But you saw the story out of India this morning at indianexpress.com about the earth being raised up by the quake - or maybe it raised up first and the quake was a result." Not bad, GT something to keep an eye on, anyway... like living in L.A. isn't enough of a "one eye over the shoulder place" enough, already. Frankly, my friend the GT may have missed his calling - geology... Click for maps -- urbansurvival.com