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Forget Eyjafjallajokull, Mt. Katla Is Now Getting Ready To Rumble

Tyler Durden's picture




 

The ground is now literally shaking around Iceland's Mt. Katla. If that blows, look for Bund spreads to promptly catch up with Greek ones.

h/t Rusty Shorts

 

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Mon, 04/19/2010 - 09:38 | 307708 crzyhun
crzyhun's picture

Yah, fire or ice? Choose and prep. This is amazing. And then Yellowstone? And then US airspace is shut down.

Mon, 04/19/2010 - 10:27 | 307872 tmosley
tmosley's picture

Of course, that won't be a concern as half of the country would be airborne at that point anyways (a Yellowstone eruption is a near extinction level event for humanity).

Mon, 04/19/2010 - 11:21 | 308019 Rusty Shorts
Rusty Shorts's picture

 - I believe another volcano close to Katla has just erupted, Hekla is the name, link to live cam;

http://www.ruv.is/hekla

 

 - credit Herne the Hunter

Mon, 04/19/2010 - 09:39 | 307710 Mae Kadoodie
Mae Kadoodie's picture

We need to sacrifice a virgin!

Mon, 04/19/2010 - 09:42 | 307716 Assetman
Assetman's picture

We don't have virgins.

How about an investment banker?

Mon, 04/19/2010 - 09:50 | 307745 Cognitive Dissonance
Cognitive Dissonance's picture

Considering how many people have bought into this "recovery" I'd say we could rustle up a few financial virgins.

Mon, 04/19/2010 - 10:25 | 307862 Rider
Rider's picture

+1

Mon, 04/19/2010 - 10:46 | 307951 Mad Max
Mad Max's picture

The sacrifice ratio is 100,000 I-bankers = 1 virgin

And we're all out of virgins.

Mon, 04/19/2010 - 11:26 | 308034 aint no fortuna...
aint no fortunate son's picture

+100,000

ok, scratch the virgin and do the bankers

Mon, 04/19/2010 - 09:43 | 307720 lizzy36
lizzy36's picture

would blankfein, summers and geithner satisfy the gods?

Mon, 04/19/2010 - 09:52 | 307752 LeBalance
LeBalance's picture

No, they are the Gods.  And they are sacrificing Charlie Brown.  That would be us.

Mon, 04/19/2010 - 09:53 | 307758 chindit13
chindit13's picture

I'm in the process of legally changing my name right now to "thegods", and let me say up front that yes, it would satisfy me.

Mon, 04/19/2010 - 10:03 | 307795 kaiserhoff
kaiserhoff's picture

+1000  Chindit you are one sick puppy.

Carry on.

Mon, 04/19/2010 - 09:55 | 307764 Sabremesh
Sabremesh's picture

No harm trying. Perhaps Bernanke could drop them into the smouldering crater of Mt. Katla from his helicopter, since it's not dispensing aerial ponzidollars at the moment. 

Mon, 04/19/2010 - 10:43 | 307945 Hephasteus
Hephasteus's picture

Na we need to find someone with a "brain cloud".

Mon, 04/19/2010 - 11:06 | 307998 WaterWings
Mon, 04/19/2010 - 09:40 | 307713 Zombie Investor
Zombie Investor's picture

If it blows, am I correct in assuming it's time to go all in on agricultural commodities and oil?

Mon, 04/19/2010 - 10:28 | 307875 Anton LaVey
Anton LaVey's picture

You forgot railroads.

Mon, 04/19/2010 - 11:01 | 307994 sushi
sushi's picture

And ash-wipe.

Mon, 04/19/2010 - 10:30 | 307883 tmosley
tmosley's picture

Ag?  Yes.  Oil? Not so much--considering there won't be any air travel for some time, and the economic depression that follows will likely drive down the price relative to most other commodities.  Rather than oil, I'd go for PMs, as that would usher in an era of uncertainty we haven't seen in 60+ years at least.

Mon, 04/19/2010 - 11:03 | 307993 sushi
sushi's picture

Moved

Mon, 04/19/2010 - 09:42 | 307715 Anecdotal Economist
Anecdotal Economist's picture

Gaia is in the beginning throes of purging homo sapiens as an evolutionary mistake. Better luck next time.

Mon, 04/19/2010 - 09:43 | 307722 Cheeky Bastard
Cheeky Bastard's picture

+10000000

The sooner the better i say. I hope there is an afterlife and that ZH is present there.

Mon, 04/19/2010 - 10:22 | 307853 tip e. canoe
tip e. canoe's picture

perhaps.  then again, maybe she's just giving her golden children a spanking to remind them who's boss.

Mon, 04/19/2010 - 11:39 | 307877 Cognitive Dissonance
Cognitive Dissonance's picture

tip e. canoe, is that you?

You changed your avatar. Damn, I scan the comments by avatar so I almost missed you. What is it, lava? It's too small for my tired old eyes.

Mon, 04/19/2010 - 16:11 | 308526 tip e. canoe
tip e. canoe's picture

lava & lightning courtesy of faustian's anon friend.

Mon, 04/19/2010 - 09:43 | 307721 scatterbrains
scatterbrains's picture

anyone have any ideas what's the cheapest way to buy case lots of canned goods ?

Mon, 04/19/2010 - 09:50 | 307736 hedgeless_horseman
hedgeless_horseman's picture

http://www.yourfoodstorage.com/

Not cheapest, but you want the nitrogen packaging.

Mon, 04/19/2010 - 10:06 | 307807 Trial of the Pyx
Trial of the Pyx's picture

I have had really good luck with this stuff...dried, not canned, organic too!

http://shopping.maryjanesfarm.org/s.nl/sc.2/category.13/.f#Storage%20Food

Mon, 04/19/2010 - 10:49 | 307959 Mad Max
Mad Max's picture

Your local Aldi.  Seriously.

For other storage goods, Walton Feeds or AAOOB.

Mon, 04/19/2010 - 11:07 | 308003 WaterWings
WaterWings's picture

I can vouch for this myself:

http://www.waltonfeed.com/

Mon, 04/19/2010 - 09:45 | 307726 Assetman
Assetman's picture

Obviously, we are in the beginning stages of a wobble of the Earth's axis.

Either that, or this is Mother Nature's way of telling Iceland's creditors to go to Hell.

Mon, 04/19/2010 - 09:54 | 307759 tip e. canoe
tip e. canoe's picture

you are correct yet again sir:

Earth's Magnetic North Pole Marching Toward Siberia At 37 Miles Per Year

 

Read more: http://www.allheadlinenews.com/articles/7017531445#ixzz0lYPJWuxS
Mon, 04/19/2010 - 11:30 | 308043 Missing_Link
Missing_Link's picture

Nope, just Cthulhu dropping by for a visit.

Mon, 04/19/2010 - 09:47 | 307730 Cognitive Dissonance
Cognitive Dissonance's picture

Does that top chart really say "god"? :>)

Mon, 04/19/2010 - 09:58 | 307773 Cheeky Bastard
Cheeky Bastard's picture

Sweet Sweet Sweet Irony

what a beautiful way to say

 

Mon, 04/19/2010 - 10:00 | 307779 tip e. canoe
tip e. canoe's picture

and the bottom says "ha u"

Mon, 04/19/2010 - 09:48 | 307733 Kina
Kina's picture

Time to stock up with 20kg bags of rice.

Mon, 04/19/2010 - 09:55 | 307766 tip e. canoe
tip e. canoe's picture

and/or learn how to create mini rice paddies in wading pools.

Mon, 04/19/2010 - 10:49 | 307962 Mad Max
Mad Max's picture

Rice is probably not what you want.  A little research would be a good idea before buying.

Mon, 04/19/2010 - 10:54 | 307978 Ned Zeppelin
Ned Zeppelin's picture

brown rice and beans, canned tomatoes, canned salmon and toiletries. Oh and guns, lots of guns and ammo.

Mon, 04/19/2010 - 11:15 | 308018 Hulk
Hulk's picture

and enough baking soda to put out a volcano!

Mon, 04/19/2010 - 11:22 | 308030 Cognitive Dissonance
Cognitive Dissonance's picture

LOL

And here I thought it was only good for killing that ugly smell coming from my refrigerator. :>)

Stock up now while you can. Yellowstone is just around the corner.

 

 

Mon, 04/19/2010 - 11:33 | 308047 Missing_Link
Missing_Link's picture

Yellowstone has been pretty quiet lately.  A lot of quakes in early 2009 and 2010, but not too much right now.

http://www.seis.utah.edu/req2webdir/recenteqs/Maps/Yellowstone.html

I usually start to get nervous once they hit magnitude 3 and 4.  It wouldn't take much more than that to let the magma out.

Mon, 04/19/2010 - 11:25 | 308033 Mad Max
Mad Max's picture

Brown rice has an even shorter storage life than white rice.

Mon, 04/19/2010 - 09:50 | 307740 Dixie Normous
Dixie Normous's picture

Very funny reading that this mountain is ready to blow along side an ad for Cougarlife.com

Mon, 04/19/2010 - 10:01 | 307789 Cognitive Dissonance
Cognitive Dissonance's picture

The synchronicity of randomly placed adds can be a joy to behold.

Mon, 04/19/2010 - 11:34 | 308049 MsCreant
MsCreant's picture

I think we are getting those because Cougar posts here.

Mon, 04/19/2010 - 11:45 | 308064 Cognitive Dissonance
Cognitive Dissonance's picture

Ah yes, Cougar, my all time favorite green Maine Coon cat.

http://en.wikipedia.org/wiki/Maine_Coon

Mon, 04/19/2010 - 14:15 | 308258 SWRichmond
SWRichmond's picture

http://lifestyle.msn.com/your-life/family-parenting/article.aspx?cp-docu...

In the "parenting" section, no less...

Cougar Moms!

It can seem like it's your mom's job to mortify you. But a new wave of moms is doing more than making you blush: They act so sexy and flirtatious, they make you question their judgment — and your own sanity.

By Dan Koday

When Bri, 16, started high school, she thought it was cool that her mom was so much fun to hang out with. "My parents got divorced when I was 6, but high school is when it actually started to seem like a good thing — I was grateful to have a mom who wanted to shop at the same places and see the same movies I was into," she says. "I felt like we suddenly had so much in common, and I could tell her anything and she'd understand." But after a few months of sharing clothes and gossip, things started to take a turn for the worse: Bri's mom went from shopping at the same stores as Bri did…to flirting with the same guys. "Now I can't go anywhere without her flirting with every guy she meets. One of her recent boyfriends was 23. After that, she started going to my brother's hockey games to flirt with his coach — who's 12 years younger than she is — and they started dating." Bri says she wishes her mom would change — but not because it embarrasses her in front of her friends. "The truth is that my friends think my mom is so cool and pretty, and my guy friends think she's sexy. My ex-boyfriend used to joke about getting with her! But I don't want my crushes crushing on my mom. I feel like I have to keep her away from my new boyfriend to keep him from paying more attention to her than to me."

Bri's mom is the perfect example of a cougar: an older woman who's into (and almost seems to hunt down!) way younger guys. Lots of girls say their moms are on a cougar kick too: Meghan, 17, says her 46-year-old mom dated the same guy who'd dated one of her 18-year-old friends; Hunter, 18, sometimes feels as if her friends like her cougar mom more than they like her; and Jessica, 16, reports that ever since her parents got divorced last year, her mom "dresses up in short skirts and dates guys who are barely 25, then tells me everything about her sex life. It's so awkward." The truth is that you want to be open with your mom — but it feels unsettling if she's that open with you.

 

Mon, 04/19/2010 - 09:50 | 307743 yabs
yabs's picture

I ma really starting to think 2012 is a real deal if we even make it that far

I saw a good video series yesterday on a supposed big planet or comet in an elliptical orbit which may be returning

and thats why a lot of advanced civilisations in the past were wiped out. The Mayans knew about this travelling in an orbit of 3600 years or simething like that

I'm really starting to think something is happening like that

 

see www.the-rabbitts-hole.com

Mon, 04/19/2010 - 10:55 | 307980 mitack
mitack's picture

Dont know about rabbit-hole stuff, but here is a scientist's say about Sedna:

"

"The last time Sedna was this close to the sun, Earth was just coming out

of the last ice age. The next time it comes back, the world might again be

a completely different place," Brown said.

"

http://science.nasa.gov/science-news/science-at-nasa/2004/16mar_sedna/

 

Mon, 04/19/2010 - 11:35 | 308053 Missing_Link
Missing_Link's picture

Sedna is much too far away to be an issue.  Its gravitational pull is so faint as to be nearly nonexistent.

Mon, 04/19/2010 - 14:27 | 308293 mitack
mitack's picture


Tend to disagree- very little is needed to disrupt the fragile equilibrium on the earth and break all hell loose.

And at 1.5 times the size of Pluto and quarter Earth’s radius Sedna is no small potato.

 

Undisturbed for tens of thousands of years the solar system has reached near perfect equilibrium. Then along comes the bully and pulls this planet this side and the other to the other side and then goes away but the solar system needs another thousands of years to settle down again. Meanwhile, as far as earth is concerned, with its crust as thick as an egg’s shell compared to its size, tectonic plates shift just slightly more, earth’s heavy metal core pushes just slightly here and there activating few volcanoes, few earthquakes, stuff like that…

"

Sedna's perihelion will be reached within this century, before Sedna moves back out and farther away from the Sun again for another estimated 12 thousand years.

"

http://en.wikipedia.org/wiki/90377_Sedna

 

Mon, 04/19/2010 - 14:57 | 308366 THE DORK OF CORK
THE DORK OF CORK's picture

I call enough on this moronic discussion - maybe this highlights the poor state of American science education maybe not but before exposing your thoughts about anything astronomical and its geophysical relationships with the Earths crust and what not it would be best if you had some idea what you are talking about.

The distances you describe are truly astronomical (pun intended) and the Mass of Sedna is many times less then our moon.

The only objects that has significant effect on our crust are the sun and moon and perhaps Jupiter.

I suggest you hit the books before you enlighten the rest of the zero hedge audience with your 'thoughts'.

Mon, 04/19/2010 - 09:57 | 307746 SWRichmond
SWRichmond's picture

map:  http://www.skimountaineer.com/ROF/Beyond/Katla/MyrdalsjokullMap.jpg

Webcam: http://www.123-cam.com/live-webcam.php?var=http://www.ruv.is/hekla/

 

http://www.msnbc.msn.com/id/35988484/ns/technology_and_science-science/

"A general expectation is that because of the Eyjafjallajokull eruption, the fissure would widen and in that sense, there's a greater risk of extending into or underneath the glaciers and prompting an eruption at Katla," said Andy Russell with Newcastle University's Earth Surface Processes Research Group, who went with a team to Iceland before the eruption. "From records, we know that every time Eyjafjallajokull erupts, Katla has also erupted."

Russell said past Katla eruptions have caused floods the size of the Amazon and sent boulders as big as houses tumbling down valleys and roads. The last major eruption took place in 1918. Floods followed in as little as an hour.

Mon, 04/19/2010 - 09:51 | 307747 taraxias
taraxias's picture

It dIt doesn't matter if every volcano around the planet simultaneously blows, or 10 Richter scale earthquakes level every major city on planet earth, or tsunamis sink half of the developed world under water, or a giant black hole is devouring the Milky Way, or the sun goes supernova..............DOW UP.

This is America baby, the land of opportunity. (Is there anyone who still thinks there's even a semblance of a free market out there? And I mean anyone?) 

Mon, 04/19/2010 - 10:00 | 307780 brooklynlou
brooklynlou's picture

Yep. Another day of non-existent volume and the market treading steady / slightly up.

Mon, 04/19/2010 - 11:07 | 308002 sushi
sushi's picture

+36000

Mon, 04/19/2010 - 09:52 | 307754 Hatshepsut7
Hatshepsut7's picture

What do they say in Europe?

"We wanted cash and they sent ash"

Mon, 04/19/2010 - 09:53 | 307755 doublethink
doublethink's picture

 

Chinese superstition has it that natural disasters are sure signs that an emperor has lost the "mandate of heaven" and that only a new ruler can bring calm to the world. It was the Tanshan earthquake which killed over a quarter million people in 1976, for example, which "caused" the death of Chairman Mao and brought Deng Xiaoping to power.

 

Superstitious?

 

 

Mon, 04/19/2010 - 10:01 | 307785 Cheeky Bastard
Cheeky Bastard's picture

After your little rant over at Ritholz site about ZeroHedge i expect you to fuck off.

 

Mon, 04/19/2010 - 10:08 | 307813 taraxias
taraxias's picture

CB, this guy is a troll who posts on MarketWatch under the moniker "kinito". Same song, different day.

Telling him to fuck off will yield to nothing, so best ignore him and save your energy for more productive discussions.

Mon, 04/19/2010 - 10:19 | 307843 Cheeky Bastard
Cheeky Bastard's picture

Yeah i know the dude from my days at MarketWatch.

That is until i was banned from that site when i told one of their columnist to fuck off.

 

Mon, 04/19/2010 - 10:23 | 307858 chinaguy
chinaguy's picture

Yeah ignore him, "great earnings from C". What a bird brain!

Mon, 04/19/2010 - 10:42 | 307938 Hephasteus
Hephasteus's picture

Did an angel earn his wings that day? LOL

Mon, 04/19/2010 - 10:10 | 307820 Cursive
Cursive's picture

I was leaving TBP just as Harry Wanger began posting more.  Summer to early Fall of 2008.  Wanger is a troll and a sh*t stirrer.  A lot of Barry's regulars thought Harry Wanger was Ritholtz using an alter to mess with people.  Anyway, BR and Harry Wanger turned a lot of traffic away from ritholtz.com.

Mon, 04/19/2010 - 10:02 | 307793 hungrydweller
hungrydweller's picture

Do you honestly think those are REAL earnings you are seeing there?

Mon, 04/19/2010 - 14:44 | 308334 trav7777
trav7777's picture

as real as the FRN itself

Mon, 04/19/2010 - 10:07 | 307809 sweet ebony diamond
sweet ebony diamond's picture

tolerance and moderation, tolerance and moderation, tolerance and moderation

harry don't ever comment again

Mon, 04/19/2010 - 10:09 | 307816 HarryWanger
HarryWanger's picture

Just pointing out that the market is reacting to strong earnings and strong Leading Indicators this morning. Don't be distracted by the noise of something that happened two years ago. Look at what's happening now. The economy is obviously stronger and improving with each report.

Mon, 04/19/2010 - 10:35 | 307905 tmosley
tmosley's picture

Don't worry, that's just the syphilis talking.

Mon, 04/19/2010 - 11:56 | 308073 Cognitive Dissonance
Cognitive Dissonance's picture

LOL

I'm stealing that line.

Mon, 04/19/2010 - 10:52 | 307970 merehuman
merehuman's picture

good nite Harry

Mon, 04/19/2010 - 11:10 | 308008 WaterWings
WaterWings's picture

Why don't you go over and close Guantanamo Bay, please. Our man O needs some help keeping his promises.

Mon, 04/19/2010 - 10:09 | 307811 Cognitive Dissonance
Cognitive Dissonance's picture

Barry Ritholtz, is that you?

Thanks for talking about cockroaches on "Tech Ticker" this morning. I guess it takes one to know one.

http://finance.yahoo.com/tech-ticker/%22there's-never-just-one-cockroach%22-can-bulls-survive-the-goldman-fraud-fallout-470111.html?tickers=%5EDJI,%5EGSPC,C,GS,XLF,FAZ,BAC

Mon, 04/19/2010 - 10:12 | 307824 Cursive
Cursive's picture

@CD

+1  As I posted above, many TBP regulars thought Wanger was a BR alter.

Mon, 04/19/2010 - 10:23 | 307859 Cognitive Dissonance
Cognitive Dissonance's picture

The writing styles are very similar. Regardless, Wanger is a roach. He's not trying to inform but to inflame.

http://www.google.com/images?hl=en&q=cockroach+pictures&um=1&ie=UTF-8&source=univ&ei=22XMS4rWFIWKlwfc7cGqBg&sa=X&oi=image_result_group&ct=title&resnum=1&ved=0CBEQsAQwAA

Mon, 04/19/2010 - 10:39 | 307927 Popo
Popo's picture

Please illustrate the depth of your financial ignorance Harry, and explain to us all what "earnings" mean in the context of C.

 

 

Mon, 04/19/2010 - 10:49 | 307960 HarryWanger
HarryWanger's picture

These earnings:


8:33 a.m. | Updated The New York Times’s Eric Dash provides more details about Citigroup’s first-quarter results.

Citigroup on Monday reported a $4.4 billion profit for its first quarter, as the banking giant continues to strengthen nearly two years after the financial crisis.

Citi’s profit, which amounts to 15 cents a share, was a sharp reversal from the $7.6 billion loss it reported during the same time last year.

Mon, 04/19/2010 - 10:58 | 307986 Ned Zeppelin
Ned Zeppelin's picture

All their money made trading, not from loans to consumers or businesses. You know, people in the real economy. Any chance you understand that?

Go away.

Mon, 04/19/2010 - 11:00 | 307989 GlassHammer
GlassHammer's picture

Amazing what a company can achieve without accounting standards and massive government subsidies.

 

 

Mon, 04/19/2010 - 09:59 | 307776 fluorideintapwa...
fluorideintapwaterisbadforyou's picture

God Bless them. Iceland. We are with you. Erupt away. The only way this could get anymore poetic is if GS long oil blows up in their faces. And the demand for shipping capacity to offset air freight pushes crude off the ocean and into land based infrastructure. Yeah yeah yeah. Wishful thinking. They probably found away to short volcanic eruptions too.

Mon, 04/19/2010 - 10:01 | 307784 JJP
JJP's picture

Looks like Volcano’s, Goldman or Greece aren’t going to affect Mutual Fund Monday

Mon, 04/19/2010 - 10:01 | 307787 yabs
yabs's picture

what would actually sink the market?

Mon, 04/19/2010 - 10:06 | 307804 Kina
Kina's picture

GS computer breakdown.

Mon, 04/19/2010 - 10:03 | 307794 curbyourrisk
curbyourrisk's picture

Being I work in Manhattan and live on Long Island......Anyone have any ideas as to the potential tsunami an explosion of this magnitutde could have????  Especially in the NorthEastern US.......

 

Mon, 04/19/2010 - 10:10 | 307818 yabs
yabs's picture

tsunamis generally occur when an earhquake strikes
at sea and the sea bed moves upwards at a subduction zone
usually. Unless the volcano eruption causes a huge mountainside to slip into the sea then I doubt it will cause
one. Again its the movemnet of the sea bed generally upwards
which causes tsunamis

Mon, 04/19/2010 - 10:13 | 307827 Cognitive Dissonance
Cognitive Dissonance's picture

I have two questions for you.

Do you ride the subway to work?

What floor do you work on?

Mon, 04/19/2010 - 10:34 | 307900 curbyourrisk
curbyourrisk's picture

6th Floor near the Chrysler Building.

I take 1 subway to work....2 stops...thats it.

Mon, 04/19/2010 - 12:56 | 308157 SteveNYC
SteveNYC's picture

Ha, not far from yours truly! Plus, I live on the East River, so if we get a serious tidal wave, the foundation of my building is probably going to go! Oh well, I'm on Mother Earth's earth, so what will be will be.

If you see a guy drinking heavily at an East Side bar, big, shit-eating end-of-world type grin on his face, it's probably me.

Mon, 04/19/2010 - 12:56 | 308158 SteveNYC
SteveNYC's picture

Ha, not far from yours truly! Plus, I live on the East River, so if we get a serious tidal wave, the foundation of my building is probably going to go! Oh well, I'm on Mother Earth's earth, so what will be will be.

If you see a guy drinking heavily at an East Side bar, big, shit-eating end-of-world type grin on his face, it's probably me.

Mon, 04/19/2010 - 10:24 | 307855 Cheeky Bastard
Cheeky Bastard's picture

http://en.wikipedia.org/wiki/Megatsunami 

On 9 July 1958, an earthquake of magnitude 7.7 (on the Richter scale), caused 90 million tonnes of rock and ice to drop into the deep water at the head of Lituya Bay. The block fell almost vertically and hit the water with sufficient force to cause a wave approximately 524 meters high (1,724 feet). In comparison, this wave was higher than any skyscraper on Earth at the time. Howard Ulrich and his son, Howard Jr. were in the bay in their fishing boat when they saw the wave. They both survived and reported that the wave carried their boat "over the trees" and washed them back into the bay

 

I urge you to buy some form of a floating device if something brakes like this in Iceland.

Mon, 04/19/2010 - 10:36 | 307908 Grifter
Grifter's picture

Curb - what Mr. Bastard highlighted above is what you have to look forward to if this little mofo decides to break bad:

http://en.wikipedia.org/wiki/Cumbre_Vieja

 

during a future unascertained eruption, the western half of the Cumbre Vieja - approximately 500 km3 (5 x 1011 m3) with an estimated mass 1.5 x 1015 kg, will catastrophically fail in a massive gravitational landslide and enter the Atlantic Ocean generating a so called "mega-tsunami." The debris will continue to travel - as a debris flow, along the ocean floor. Computer modelling indicates that the resulting initial wave may attain a local amplitude (height) in excess of 600 metres (1,969 ft) and an initial peak to peak height that approximates to 2 kilometres (1 mi), and travel at about 1,000 kilometres per hour (621 mph) (approximately the speed of a jet aircraft), inundating the African coast in about 1 hour, the southern coast of England in about 3.5 hours, and the eastern seaboardNorth America in about 6 hours, by which time the initial wave would have subsided into a succession of smaller ones each about 30 metres (98 ft) to 60 metres (197 ft) high.

 

Mon, 04/19/2010 - 16:16 | 308535 faustian bargain
faustian bargain's picture

mind-boggling...2000 ft high wave moving at 621mph.

Mon, 04/19/2010 - 10:05 | 307800 Hugh Janus
Hugh Janus's picture

the good news is that we can now blame the bad april jobs number on the volcano!

Mon, 04/19/2010 - 10:07 | 307810 Kina
Kina's picture

They didn't take gold down for long this morning, climb back up again.

Mon, 04/19/2010 - 10:13 | 307825 Troy Ounce
Troy Ounce's picture

They say every Icelander born before 1918 is deaf because this was the year of Katla's last eruption.

 

Mon, 04/19/2010 - 10:18 | 307839 yabs
yabs's picture

I do not get this

I thought the Gs scandal was an excuse to take the market down and thye wouod profit by shorting the market?

Mon, 04/19/2010 - 10:22 | 307856 Cursive
Cursive's picture

On a positive note, Katla is easier to pronounce than Eyja....

Mon, 04/19/2010 - 10:37 | 307914 brooklynlou
brooklynlou's picture

They shortened it after its last explosion. Its kinda hard to scream "Oh my God look at Katlamylogerhaboptipoojoo..." while you're running for dear life.Rumor has it that Eyja.. will be renamed to 'Bob' in a few days.

Mon, 04/19/2010 - 11:40 | 308059 Missing_Link
Missing_Link's picture

LOL!

Mon, 04/19/2010 - 10:27 | 307874 Simon Jester
Simon Jester's picture

You serious?...wow

Mon, 04/19/2010 - 10:32 | 307891 Mellowg
Mellowg's picture

Poetic justice?

 

Instead of Iceland paying out the Brits, the Brits will have to come to the aid of the Icelanders due to this catastrophe.

 

How sweet it is...

Mon, 04/19/2010 - 10:34 | 307894 THE DORK OF CORK
THE DORK OF CORK's picture

I am beginning to understand why Icelanders are putting up such a brave fight against the creatures that inhabit the side streets of the City of London and elsewhere.

They must be made of stern stuff to remain on such a cold fiery lump of pumice.

But it does help if the Gods of the underworld are on your side.

 

Mon, 04/19/2010 - 10:34 | 307899 Rogerwilco
Rogerwilco's picture

Following the unexpectedly good earnings anouncements from C -- "Balance sheet? We don't need no balance sheet! We don't have to show you any stinkin' balance sheet!"

Mon, 04/19/2010 - 10:39 | 307920 brooklynlou
brooklynlou's picture

I wonder if C's balance sheet is worth the cocktail napkin its written on ...

Mon, 04/19/2010 - 11:55 | 308070 Cognitive Dissonance
Cognitive Dissonance's picture

Is that Telly baby? God I miss that bald head and smirk. And the Kojak lollipop.

http://en.wikipedia.org/wiki/Telly_Savalas

 

Mon, 04/19/2010 - 10:36 | 307910 bullchit
bullchit's picture

Pardon?

Regards.

Mon, 04/19/2010 - 10:43 | 307942 Herne the Hunter
Herne the Hunter's picture

I think Hekla just blew. Seeing a plume that wasn't there just an hour ago. http://www.ruv.is/hekla/

Mon, 04/19/2010 - 11:00 | 307991 Rusty Shorts
Rusty Shorts's picture

Holy fucking shit, your right, I was monitoring it earlier this morning, HEKLA'S BLOWING.

Mon, 04/19/2010 - 11:40 | 308014 hedgeless_horseman
hedgeless_horseman's picture

Maybe theyt have pointed the cam at the active volcano.  Google Translator is a little, er, rough...

Monitoring RÚV the Hekla has partnered with Almannavarnadeild NCIP, LV / distance and content of.

Búrfell is about 700 meters high mountain just above the Búrfell the roll. Top of the mountain has fjarskiptafyrirtækið distance facilities, RUV got permission to come for another camera aimed at the volcano Hekla which is 12 km. south-east of Búrfell. Hekla is approximately 1500 m. high and usually ridiculed by decades apart. She is Jack from Hekla in the near future as the big sister, Katla and Hekla erupted last 26th February 2000.

Safety Committee RUV was for setting up the camera on Búrfell in collaboration with Civil, LV, distance and content of Reykjavik in charge of the Internet system.

 

Still time for Sven and Inga to throw their sleeping bags, tarps, and dried fish in the shopping cart and set to walking South.  I hear Greece is cheap this time of year.

Mon, 04/19/2010 - 11:23 | 308032 Herne the Hunter
Mon, 04/19/2010 - 11:33 | 308045 hedgeless_horseman
hedgeless_horseman's picture

My HAU 1-2Hz 12-12 leaps are in the money!

Mon, 04/19/2010 - 10:51 | 307966 Kina
Kina's picture

I am wondering as the ice melts pressure/weight lessens and the rate of ejection increases.

Mon, 04/19/2010 - 16:27 | 308562 UncleFurker
UncleFurker's picture

 

Yes, it does.

More earthquakes caused by the land rising, and more magma production.

 

 

 

Mon, 04/19/2010 - 10:54 | 307979 Old Greaser
Old Greaser's picture

Every graph should be viewed in some reasonable perspective.

Here is the most terrible one:

http://hraun.vedur.is/ja/oroi/god.gif

So what?

Mon, 04/19/2010 - 10:55 | 307982 VFR
VFR's picture

It's time to think outside the box. There needs to be  a missle strike on

Eyjafjallajokull.  

Blow the top off the volcano and melt the surronding ice to stop this. The bunker busting bombs that the US has will do the trick.

Mon, 04/19/2010 - 11:00 | 307985 RichardENixon
RichardENixon's picture

I scoffed at the dire 2012 cataclysm predictions until recently. Now I respond with a nervous chuckle.

Mon, 04/19/2010 - 11:08 | 308007 yabs
yabs's picture

hekla another icelandic volcano?
we have three going off?

Mon, 04/19/2010 - 11:13 | 308015 ED
ED's picture

Roll up roll up, get yer early-bird piece of Iceland real estate; because given a long enough time-line, everybodies a f**king Continent

Mon, 04/19/2010 - 11:19 | 308023 yabs
yabs's picture

wanger

those "earnings" are through trading/manipulation and accounting fraud ie mark to fantasy

maybe you should join Cramer and liesman

Mon, 04/19/2010 - 11:38 | 308056 yabs
yabs's picture

usty I cannot make head or tail of that site

it shows hekla blowing

?

Mon, 04/19/2010 - 11:51 | 308065 Boop
Boop's picture

No - it's caused by insufficiently controlled women...

Ornery Bastard: Apparently Sluts Cause Earthquakes

"Many women who dress inappropriately ... cause youths to go astray, taint their chastity and incite extramarital sex in society, which increases earthquakes," Ayatollah Kazem Sedighi told worshippers at overnight prayers in Tehran.

Silly me...I thought earthquakes were caused by the movement of tectonic plates and the sudden release of energy from pressure and stress built up along fault lines. Turns out they're caused by Iranian sluts in tight coats and flimsy headscarves and layers of skilfully applied makeup. Who knew? I stand corrected.

"Calamities are the result of people's deeds," he was quoted as saying by reformist Aftab-e Yazd newspaper. "We have no way but conform to Islam to ward off dangers."

 

Mon, 04/19/2010 - 12:44 | 308145 Hephasteus
Hephasteus's picture

So we can use this as a war device if we can figure ou the geometry of it. Sluts in iran cause eruptions in iceland. Let's see. a squared + b squared times the sine of alpha. Ok this isn't working according my math brazil should be causing 20,000 eruptions a second in florida. So there must be a counter slut component. We're going to need a million hookers in iceland stat to fix this.

Mon, 04/19/2010 - 17:22 | 308647 MsCreant
MsCreant's picture

Sluts have caused powerful eruptions throughout history.

And remember, a slut and a hooker are not the same thing. Sluts give it away, hookers you pay. Mix them up at your own peril.

I think there is some serious counter-party risk in this hedge you propose.

Mon, 04/19/2010 - 17:41 | 308668 Hephasteus
Hephasteus's picture

Ya I was just thinking the positions they slut in might affect the vector mechanics. If you loaded a place with too many doggy style sluts when you needed girl on top sluts you could mount sheer forces the wrong way. Anyway I more intellectually curious about what happens when enough ice melts from the volcanic material to put florida under water. Then the sharks go in and eat young people hopped up on illegal drugs and old people hopped up on prescription drugs. Then you got millions of drug crazed sharks trying to attack party boats in the med to get their next fix.

I think unintended consequenes could possibly be the next king of event driving.

Mon, 04/19/2010 - 12:02 | 308077 yabs
yabs's picture

Can't be true otherwise the Uk would have loads of earthquakes

Mon, 04/19/2010 - 12:25 | 308111 Boop
Boop's picture

There's this, too:

Iceland's Eyjafjallajökull volcano is nothing to 'Angry Sister' Katla

which concludes: As Iceland's glaciers thin, their weight upon the island's volcanoes will lighten, making it easier for magma to rise from the earth's depths, they say.

Mon, 04/19/2010 - 13:29 | 308199 Zigi
Zigi's picture

The data in the graph is from Eyjafjallajökull.  There absolutely no activity near Katla.......yet.

Mon, 04/19/2010 - 14:07 | 308252 Gordon_Gekko
Gordon_Gekko's picture

Yellowstone is the big one, and it's getting ready to rumble IMHO. Massive earthquake swarms occurred in 2009 and 2010 (Jan/Feb). Instead of considering those swarms as a warning of the coming eruption, our idiot linear-thinking "scientists" assume everything's back to normal (since its quiet right now) - just like they ignored the earthquakes occurring prior to the Eyjaf... eruption.

And from what I'm reading, Katla blowing would be a real game changer.

Mon, 04/19/2010 - 14:19 | 308281 Gordon_Gekko
Gordon_Gekko's picture

I hear some people are complaining that volcanic ash is nuthin to worry about, the Eurocontrol folks are idiots and lets fly, fly, fly right thru that goddamn ash, here are some sobering pics of Finnish F-18 engines who did just that:

http://news.discovery.com/earth/volcanic-ash-gives-jet-engine-a-turbocharge.html

 

 

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sun1's picture

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sun's picture

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sun's picture

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