• BullionStar
    05/30/2016 - 21:24
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Massive 8.2 Quake Hits Near Chile Coast, Tsunami Warning Issued; Residents Evacuating

Tyler Durden's picture




 

At shortly after 1945ET,  a massive 8.2 (revised up from 8.0) earthquake hit close to the coast of Chile:

  • *MAGNITUDE 8.0 QUAKE HITS OFF COAST OF CHILE, USGS REPORTS
  • *CHILE QUAKE MAGNITUDE REVISED UP FROM 8.0 TO 8.2 BY USGS
  • *FLASH: TSUNAMI WARNING ISSUED AFTER MAGNITUDE 8.0 QUAKE HITS OFF
  • *QUAKE CUTS ELECTRICITY SUPPLY TO MUCH OF ARICA, CHILE: TVN

The BBC reports the quake was shallow (which means it felt more powerful) and the tsunami wave's arrival is imminent. Copper prices are jumping on the news as the region is an active mining area.

 

 

For some context of how big this is...

 

 

The Tsunami warning:

The tsunami zone...

 

and the potential travel zone of the Tsunami

 

 

And the evacuation

 

 

 

 

Via BBC,

A major earthquake of magnitude 8.0 struck off the coast of Chile on Tuesday, near the mining area of Iquique, the U.S. Geological Survey said.

 

It was centred 86km (56 miles) north-west of the mining area of Iquique.

 

It said the quake was very shallow, only 10 kilometres below the seabed, which would have made it feel stronger. It was centred 86 kilometres northwest of Iquique.

 

A tsunami warning for the Pacific coast of South America has been issued.

 

  • *TSUNAMI WAVE ARRIVAL IS IMMINENT, CHILE EMERGENCY OFFICE SAYS
  • *NOAA SAYS READINGS INDICATE TSUNAMI WAS GENERATED BY QUAKE
  • *NOAA: TSUNAMI MAY HAVE BEEN DESTRUCTIVE ALONG COAST NEAR QUAKE
  • *FIRST TSUNAMI WAVES REACH CHILE COAST, RADIO COOPERATIVA SAYS
  • *CHILE MAGNITUDE 8.0 QUAKE HIT AT DEPTH OF 10 KMS, USGS SAYS
  • *CHILE TSUNAMI OF 1.8 METERS REACHES IQUIQUE, TVN REPORTS

 

 

 

Of course this is just the natural and unforeseeable phenomenon that shocked the global economy in Japan

  • *CHANCE OF TSUNAMI TO BE HIGHER THAN 1.8M REPORTED: TRESGRAVE
  • *CHILE TO GET 'DAMAGING WAVES' FOR AT LEAST COUPLE HRS: FRYER
  • *HAWAII MAY GET ADVISORY FROM TSUNAMI POST CHILE QUAKE: FRYER
  • *N.Z. MAY GET 'DANGEROUS CURRENTS' WHEN TSUNAMI ARRIVES: FRYER

 

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Tue, 04/01/2014 - 20:23 | 4615590 booboo
booboo's picture

Check on our bearing buddy, hope he is well

Tue, 04/01/2014 - 20:30 | 4615623 kaiserhoff
kaiserhoff's picture

Good thing nothing like this could happen in Japan.

Tue, 04/01/2014 - 20:39 | 4615646 NoDebt
NoDebt's picture

Yeah, or California.

I would feel better if we got a post from DCRB sometime soon.  Though, I don't think Chile was his usual South American destination.  I could be wrong about that.  Damn, the things you THINK you remember about somebody and then realize you DON'T.

Tue, 04/01/2014 - 22:00 | 4615660 Dr. Engali
Dr. Engali's picture

Which colored bubble represents Simon Black's ranch? Poor guy can't catch a break. First all if his escape plans across the world are caving into Uncle Sam and now this.

Wed, 04/02/2014 - 00:41 | 4616198 Troll Magnet
Troll Magnet's picture

LOL

Wed, 04/02/2014 - 01:44 | 4616256 Suisse
Suisse's picture

HAARP must be targeting Simon Black.

Wed, 04/02/2014 - 02:53 | 4616328 Kirk2NCC1701
Kirk2NCC1701's picture

Alas, all TPTB need to do, is to follow him and his trail of followers, and the havens get hit one after another.

If you want to front-run the place or scheme that will get hit next, all you have to do is follow his next article on "The place to be".  I therefore predict/advise, that Simon be less public (on ZH) about "the next haven" and provide this info to his paying followers/subscribers, and to offer a Referral Benefit by spreading the Gospel by WOM (word of mouth).

Tue, 04/01/2014 - 20:59 | 4615712 Legolas
Legolas's picture

Yeah, or Yellowstone.

Tue, 04/01/2014 - 21:14 | 4615757 DoChenRollingBearing
DoChenRollingBearing's picture

NoDebt

Peru (even Lima), just like California will get theirs at some point.  They did not even feel this one. 

I did not hear about it because I was playing Husband's Taxi Service to my wife and her friend going to the opera tonight...

Geophysics is not my domain, but Chile, Alaska and Japan seemed to get the WORST ones (9s), Peru and California get 7s and 8s typically.  

Although I have been reading about the Cascadia Fault off the coast of WA, OR and BC, it seems to throw off huge quakes maybe every 500 years or so.  There are old Japanese records of a tsunami that crossed the Pacific they belleve camce from a massive Cascadia earthquake (before Lewis & Clark).

Tue, 04/01/2014 - 22:00 | 4615878 NoDebt
NoDebt's picture

Just glad you're OK.

I have no idea about earthquakes, other than the basics.  I've obviously got my hands full just trying to keep my South American geography straight.

Tue, 04/01/2014 - 21:29 | 4615793 asteroids
asteroids's picture

I see the futures are green. Nothing will bring this market down.

Tue, 04/01/2014 - 20:52 | 4615692 DoChenRollingBearing
DoChenRollingBearing's picture
booboo Our company is Lima, Peru, far enough away so that likely felt it, nothing more.  I am calling to be sure...
Tue, 04/01/2014 - 20:55 | 4615701 Millivanilli
Millivanilli's picture

If we had only listened to Al Gore...

 

 

Wed, 04/02/2014 - 01:30 | 4616242 caustixoid
caustixoid's picture

We DID listen to Al Gore.  That's why you're paying carbon taxes.  And thank god too,  without them this would have been a Richter 11 Earthquake.  Thank you Al Gore.

Tue, 04/01/2014 - 21:17 | 4615704 DoChenRollingBearing
DoChenRollingBearing's picture

booboo

All is OK, just called the house, they did not even feel it.

Thank you!

 

EDIT:

Thanks to ALL my virtual friends here at ZH.

Tue, 04/01/2014 - 22:27 | 4615943 pods
pods's picture

Glad to see you are okay DCRB!

pods

Tue, 04/01/2014 - 22:32 | 4615952 DoChenRollingBearing
DoChenRollingBearing's picture

Thanks, we got back some 6 days ago (to the USA).  My wife's friend (who went along to the opera tonight) is also a Peruvian lady, they came back some 5 days ago, coincidence.

Tue, 04/01/2014 - 22:47 | 4615985 ThroxxOfVron
ThroxxOfVron's picture

I guess the Fat Lady didn't sing at your Wife's opera perf. tonight...

Keep on rolling, DCRB.

signed -your 'virtual friend' The Throxx OF Vron.

Tue, 04/01/2014 - 20:23 | 4615591 The_Prisoner
The_Prisoner's picture

Suspicious 0bservers called it a week ago and again yesterday.

www.youtube.com/user/Suspicious0bservers

Tue, 04/01/2014 - 20:25 | 4615596 Infinite QE
Infinite QE's picture

Bad link.

Tue, 04/01/2014 - 20:33 | 4615632 steelhead23
steelhead23's picture

try: http://www.suspicious0bservers.org/

Click on the most recent update and you can go to the youtube channel from there.  Beware, space weather is more jargon-laden than finance.  Why coronal holes should change gravity is beyond my comprehension.  But yes, the guy did predict this.

Tue, 04/01/2014 - 20:36 | 4615640 Infinite QE
Infinite QE's picture

Gravity is only electromagnetism in action.

Tue, 04/01/2014 - 21:38 | 4615823 Drachma
Drachma's picture

Precisely, an electric dipole force analogous to the Van der Waals force described for electrochemical attraction.

Tue, 04/01/2014 - 20:42 | 4615666 The_Prisoner
The_Prisoner's picture

Looks like we have some AGW crusader giving our down arrows.

Tue, 04/01/2014 - 21:25 | 4615780 cougar_w
cougar_w's picture

Don't see the connection

Tue, 04/01/2014 - 20:53 | 4615695 cossack55
cossack55's picture

Magnetosphere

Tue, 04/01/2014 - 21:17 | 4615755 Mesquite
Mesquite's picture

That area has had several 6+ quakes in recent weeks leading up to this...

Tue, 04/01/2014 - 21:48 | 4615853 I Write Code
I Write Code's picture

Several 6+ quakes is several too many and one 8.2 is waay too many.

So let's hope the 8.2 is not the precursor to the big one.

I get a little extra wary here in Lost Angeles every time there's a quake anywhere around the Pacific rim, these couple of 4's and 5's we just had, hope they innoculated us ...

Hang tough, Chile.

Wed, 04/02/2014 - 00:48 | 4616207 Troll Magnet
Troll Magnet's picture

Some 150 aftershocks thus far. Lots of 2s and some 3s and even 4s mostly around La Habra.

Stay strong.

Tue, 04/01/2014 - 21:57 | 4615866 Emergency Ward
Emergency Ward's picture

I prefer someone else's explanation that recent seismic events are caused by the weight of government bullshit on the earth's crust.

Tue, 04/01/2014 - 20:41 | 4615656 Ocean22
Ocean22's picture

Sure did. Sun is behind all of this. NOT global warming.

Tue, 04/01/2014 - 20:47 | 4615679 lakecity55
lakecity55's picture

+ 100!

Tue, 04/01/2014 - 23:01 | 4616009 jerry_theking_lawler
jerry_theking_lawler's picture

Love Ben and his work...but you can't pin him down on his 'predictions'....he doesn't predict SIZE of quakes...he says he can only predict UPTICKS....trust me, I have tried to pin him down a few times on this.....my thoughts, he is a good resource, that is it.

Wed, 04/02/2014 - 01:20 | 4616232 Sabibaby
Sabibaby's picture

 "Suspicious 0bservers called it a week ago and again yesterday."

 

Pretty sure you're he'll get his prediction right when he makes one everyday. -At least it appears that way from his channel.

Tue, 04/01/2014 - 20:24 | 4615593 Bangin7GramRocks
Bangin7GramRocks's picture

Now CNN has something to do for a month.

Tue, 04/01/2014 - 20:30 | 4615621 rubiconsolutions
rubiconsolutions's picture

Maybe caused by the Malaysian airliner auguring into the Pacific?

Tue, 04/01/2014 - 20:33 | 4615634 BlindMonkey
BlindMonkey's picture

What ocean??

Wed, 04/02/2014 - 00:36 | 4616187 ThirdWorldDude
ThirdWorldDude's picture

Exactly! 

A more important question would be: are people geographically challenged or do they suffer from short-term memory impairment?

Tue, 04/01/2014 - 20:24 | 4615595 Infinite QE
Infinite QE's picture

Be safe there my fellow humans.

 

Hang the bankers.

 

There must be a GS bankster to blame for this.

 

Tue, 04/01/2014 - 20:27 | 4615604 willwork4food
willwork4food's picture

If not, there soon will be.

Tue, 04/01/2014 - 20:39 | 4615649 BlindMonkey
BlindMonkey's picture

You watch. The SEC will find a way to blame HFT for causing tremors in the earth's crust.

Tue, 04/01/2014 - 21:50 | 4615855 mickeyman
mickeyman's picture

On the contrary. They'll say the increased liquidity reduced the damage.

Tue, 04/01/2014 - 20:26 | 4615601 A Nanny Moose
A Nanny Moose's picture

Global Warming. It's Milton Friedman's fault.

Tue, 04/01/2014 - 20:27 | 4615609 0b1knob
0b1knob's picture

Bush's fault.   Or fracking in the US caused it.  

Tue, 04/01/2014 - 20:27 | 4615603 Jugdish
Jugdish's picture

Cue the Obama/clinton live AID concert featuring kanye west and miley cyrus.

Tue, 04/01/2014 - 20:27 | 4615607 djsmps
djsmps's picture

CNN has just issued a breaking news bulletin about the lost Maylasian flight. That's not a joke. Nothing about this.

Tue, 04/01/2014 - 20:40 | 4615654 francis.sawyer001
francis.sawyer001's picture

Malaysia is going to release the full transcript of
the MH-370.

It took 3 weeks to translate from english to malay,
and then back to english again for the press.

This is a big news day for CNN.

Some might ask, "Why didn't they just release the
raw recording in the first place",

The answer is it took 3 weeks to find an old
recording of said pilot saying "Good night Malaysian three seven zero"

The wife said that the earlier
"All right, good night", could have only been a CIA
pilot controlling the plane.

Tue, 04/01/2014 - 20:51 | 4615686 gonetogalt
gonetogalt's picture

Geez, buddy...wish it were really you!

Tue, 04/01/2014 - 20:59 | 4615714 francis.sawyer001
francis.sawyer001's picture

I happy to see anything not having to do with HFT,

I'm expecting Sir Black to issue a 99 reasons its
still safe to 'go galt' in Chile. Expect to see the ZH post
within the hour.

Tue, 04/01/2014 - 22:26 | 4615941 pods
pods's picture

Read the tea leaves, francis is alive and kicking.

pods

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