JUNK REBOUNDS SHARPLY: BUT ARR FOR ALL THE POP IS AT FLASH CRASH LEVELS
Glad you guys suffered minimal damage. My Mom lives on a man made peninsula in the South Baldwin area. The Southern side of the island facing the water took a tremendous hit, and although she lives 600 feet from the sea, she lucked out with only 6 inches of water in her crawl space, den, and garage. There was about $60K worth of damage mostly to personalty.
South Baldwin, Oceanside, Freeport, Rockville Center were hit really roughly.
The biggest deal was being stuck without heat and living through those two weeks in a house that averaged 40 degrees. She refused to leave, and I found many people in their 80-'s and 90's didn't. Reminds me of that codger that wouldn't leave Mt. St. Hellens 20 years ago. They've never found him.
Speaking of things you cannot find, I couldn't find an open hotel or rent a car until you got to Connecticut. If you had no transportation, how you could pick up a car 90 miles away beats me.
The guy in the house next to my Mom got so much water in his basement it floated the house off its moorings and turned in 5% counterclockwise. There is still mountains of destroyed personalty on the streets of Baldwin Oceanside and Freeport and Rockville center. The govt is bulldozing houses. The destruction was hit or miss on my Mom's block dependent on which way the house faced and of course, its elevation. Line of sight as to how high your particular house was with respect to the water was deceiving. Houses 1500 feet inland were inundated, houses next to them nearly untouched.
Everyone on the water on the South side of the inlet lost his moorings on the water, and the North side was even worse. Most of the people on the water do not have flood insurance and unless FEMA comes through, they are SOL. Insurance co's where applicable are swamped and don't answer phones. Maybe things will lighten up by week past Thanksgiving.
The only good news, some are predicting the surge in rebuilding will pop that part of the country out of recession. Where's the money coming from? Stored insurance co coffers and Uncle Ben of course.
Which brings us back to silver, even if the fiscal cliff has SLW behaving like a stock instead of a silver royalty co.