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Is a headline from daily reckoning and by the way you know you and i first when we first met back in two thousand and three your daily reckoning was one of the only sort of online sites available at that time one of the go to sites this is way before facebook and twitter and all that sort of stuff we went to the daily reckoning all the time they talked about slam the price lower once shorting big became an option they said but so far its still bonkers obviously six percent in the financial world is big coin backed by comes up whats it backed by you know much coming into it you know its sucking in all the dollars yen drachmas un euros its all being ruined too its not going to lead point encrypt out if youre swapping garbage money for good money so youre not going to go back to garbage money so its backed by all that money is back billion dollars going to be worth more than seven trillion dollars big coin is thought to be worth a trillion dollars so all of the out money in the world all ....
Our website r. T. Dot com well be back with your world news that day in an hours time but right now though the kaiser report shines a light on how bitcoin is affecting the gold market. Over there are nice guys or theres the. Guys report one year. Max you know theres one thing that you have been saying and quoted them many times in all the sort of Financial Media relating to bitcoin is that this black hole concept that. Queen is a black hole sucking in all these other investments. And it is quite ironic that gold is kind of the result of those sort of universal forces universe the forces of the universe rather than universal forces black holes explosion exploding stars all that sort of stuff because youre black hole that is called bitcoin a black hole. Black hole you know like and then all the route to. I was on the kona drink and some drink on my black hole say hey buddy whats going on is america repsol is a chart so slow mixed. ....
Quickly. Most of the region at or below freezing. Including Reagan National. 3. A lot of black ice developed overnight. Parking lots, sidewalks, drive ways, things like that be on the lookout. But thats one of the issues. Second issue is fog. You saw the live shot. Sense fog advisory for it immediate Washington Area until 8. Weather troubles subfreezing air and temperatures leading to slick roads and sidewalks. Many School Systems not taking chances with that nastyness. Lets rundown the choiceings and delays for you. Sfav ford wane Spotsylvania County schools change their status theyre now closed and frederickburg city schools also closed this morning. Virer, fairfax, loudoun, Prince William, arlington, ....
Heres meteorologist, Matt Peterson with eyewitness weather. Good saturday morning, matt. I did unscientific pole on twitter to see what people were feeling like. Turns out more people are looking forward to fall than i expected. Great minds think alike. Right . You wont get that this weekend . No, we wont get it until maybe next weekend. Okay . I know you. I know meisha in the morning show, she loves her 90s. You guys like your warm weather. And it is going to stick around, it looks like, as i said, probably well through next week. Now, there is 90s in the forecast. Theyre going to possibly be here tomorrow, maybe even the start of the work week. But before we get there we have to deal with another warm day across the Delaware Valley on our saturday, definitely another above average afternoon. Outside on storm scan, not much going on, few very high clouds, here or there. But, ....
[inaudible conversations] the hearing will come to order we will have testimony from the secretary treasury on domestic and International Policy issues thank you for attending today. This is the first hearing since being sworn in as treasury secretary in february in record to our discussion many of these priorities ball to the jurisdiction of the department including Housing Finance reform to encourage a healthier economy. We look forward to working with you and your staff to improve the lives of americans Housing Finance reform is most significant piece of Unfinished Business following the crisis and it is important to build bipartisan support we received a hearing last week that it we were advised Co ....