Well actually theres more red icons theres one runner park, theres one up in American Canyon and farther up past so masterful thank you for joining us tonight at 10 im ken wayne and i pale more pg and e says the states grid operator order the rotating Power Outages because of the excessive heat driving up electricity use and putting a strain on the power grid, it was expected to last until 11 oclock tonight, but about 9 oclock. Pg said it has stopped shutting off power and has started restoring power and just about 10 minutes ago the state agency lifted its stage 3 Emergency Declaration which ordered the rotating Power Outages in the first place is the first time the state of california has ordered rolling Power Outages since 2011. We talked to a spokeswoman from the state agency that order the outages about what led them to declare the stage 3 emergency tonight. This one completely driven by the heat. There was so much demand. We also have out cover at the same time that came with tha
Climax keyser this is the kaiser report fear money. Try over and over again throughout history going back to john law hundreds of years ago and. As voltaire as the value of money always returns to its Intrinsic Value 0. I think we may be at once again an Inflection Point stacey where the fia let me experiment and in paper tears its paper tears from here on out of course kaiser report has told you this for the past 10 years we have warned you about this you know j. P. Morgan himself one time at one point when he was alive back oh about 100 years ago he said gold is money all else is credit well Deutsche Banks head of credit. So he should know agrees with them Deutsche Bank top credit strategist makes stunning admission i am a gold bug for money is a passing fad in the history of money so he said gold is definitely a fee out money hedge hes buying gold and that money will be a passing fad in the long term history of money well yeah this it always has been a passing fad and theres always
Strikes. Partly cloudy skies. 74 livermore and san jose in the 24hour temperature change i dont think ive seen that. Everyone is in double digits. Anywhere from 1015 degrees warmer than yesterday in the cloud cover has a lot to do with it along with yesterdays warm to hot temps. They are hotter today and we are way above average on these highs and we will continue to do that into early next week. Over to sal now. 6 01 a. M. Anything new you want to get to . Bridges are somewhere . Right now we are off to a good start, steve. Many people thought on friday even if they have to drive the drive early or something is going on because it is lighter than usual now and some of these commutes. I can show you the bay bridge whole plaza. We usually have some slow traffic and fridays is lighter volume and we see what happens in the next halfhour. 6 01 a. M. And lets go back to the headlines. Thanks, sal. The agency that runs californias power grid expects the demand for power to shoot up. Ktvu all
Dont think we get any rain. Sunday night into monday point be a better opportunity. It is really warm. 60s and 70s livermore and san jose 75 and 74. Very hot and muggy and dangerous heat for some. More likely the fire danger increases when it is warm. 103 in santa rosa. 108 and livermore. Palo alto 101 and 100 and san jose in the forecast track for today and the higher clouds make it feel muggy and that will continue today and tomorrow temperatures will be significantly above average for this time of year. I mean, really far over to sal now at 5 01 tyler friday. You are still pretty quiet out there. We had some earlier problems that cleared up in the last halfhour and right now we are back to 280 in san jose where traffic has been moving along well. At the bay bridge it is nice as well. We hope to get friday late especially, with this heat. 5 02 and lets get your headlines. The chp searching for driver involved in a highspeed produce in the east bay. It began in the hayward area just a
So silver is back its pass through its long term resistance for the past 6 years 20 dollars and about 0. 50 has been a resistance it could not punch above that but it punched through that heading past 23. 00 it was like soaring and therefore the bull market is finally back on the confirming the gold bull market as well which never really you know hung out at the 1200. 00 level up and down 100. 00 from there for a few years as well but the gold bull market started about a year ago and now silver is confirming that so here you know you have this guy whos at the top credit strategist and so looking at the bond markets looking at on top of the bond markets bigger than the bond markets as the Derivatives Market and of course Deutsche Bank had i dont know how much of it has blown up with they certainly had the largest derivatives book in the world now passed by j. P. Morgan so i just want to show you this interesting chart its a visual. Capitalists chart all of the worlds money and markets a