Fire Risk Still High in Okla.; 1 Blaze Contained

(AP) Fire risk still high in Okla.; 1 blaze contained
OKLAHOMA CITY
Officials say a wildfire that prompted evacuations in parts of Oklahoma has been contained.

The Freedom Hill Fire Department says the fire that flared up near Mannford in northeastern Oklahoma is still burning Monday but has been contained. Officials say cooler temperatures and a light rain overnight helped slow the fire, which scorched more than 90 square miles on Sunday.

The National Weather Service says the fire risk remains very high with triple-digit temperatures possible Monday, but rain is predicted later in the week.

Multiple fires popped up in Oklahoma throughout the weekend and one blaze is being investigated as a possible arson. Witnesses told Oklahoma County sheriff's deputies they saw a man throwing a lighted newspaper from a black Ford pickup, but no arrests have been made.

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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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