The Phaserl


Tower of Babel Moment

from The Burning Platform:

This week over in China, the Chinese had to SHUT DOWN Beijing due to SMOG problems.  This is pretty radical, since far as I know not even Los Angeles ever got shut down due to Smog, and it was pretty nasty there particularly before CA Greenies went big time into emissions restrictions on the plethora of Carz that started hitting the LA Freeways in the 60s and 70s.

From Bloomberg:

China started reopening roads and airports in Beijing and surrounding areas that were shut by heavy smog, allowing millions of travelers to return from a week-long holiday.

Air quality index readings for half of Beijing’s 12 urban areas fell below 200, the level dividing medium and heavy pollution, as of 12 p.m. today, according to data on the website of the Beijing Municipal Environmental Monitoring Center.

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2 comments to Tower of Babel Moment

  • Frank Zak

    Platinum is used in deisel engines
    and palladium in gas engines (which the Chinese use).
    Maple leafs are a great buy in platinum at $50
    buy sell spread and they will also move with gold,
    but without the bad downside potential.

    Listen to that old guy from Miles Franklin,
    buy platinum maple leafs. That’s the problem with
    you young whippersnappers on this club, you don’t listen
    to us old guys. grin

  • Frank Zak

    Gold will default and go to $5,5000.

    Platinum will follow gold to $5,500.

    It will become too expensive to use in catalytic converters.

    Platinum is also used in the new hydrogen cell cars coming
    in mass production next year.

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