Submitted by Charles Kennedy of OilPrice.com
ISIS militants in Libya continue to attack key oil infrastructure in the country.
The two large oil export terminals at Es Sider and Ras Lanuf came under ISIS attacks on January 4-6. Some oil storage tanks exploded after suffering damage from machine gun fire.
The mingled wreckage of a Bombardier CRJ 200 plane has been found after it disappeared from radar between Norway and Sweden. The converted freighter was on a mail transport flight when it sent out a distress signal at 11:31pm Thursday night. Rescue workers say there is no chance of finding any survivors at the crash site in the Swedish Lapland. The two pilots had taken off from the Norwegian airport of Gardermoen to transport mail to Tromsø, northern Norway.
Kim Jong-un has announced that North Korea has “successfully” tested a hydrogen bomb (H-bomb) as a magnitude 5.1 earthquake was measured near the site of a nuclear weapons unit on Tuesday night. The South Korean weather agency said the tremor, felt 12 miles ENE of Sungjibaegam, was “artificial” – suggesting that North Korea’s claims of creating a nuclear blast are true.
Priorities...
Source: Townhall.com (via The Burning Platform)
Overnight weakness in global stock markets has prompted safety bids in Treasuries and precious metals but the last few minutes has seen a heavy volume spike in both gold and silver (above $1075 and $14 respectively)...
$1088 is perhaps the next target (50DMA) for gold and $14.46 (50DMA) for Silver.