(ZEROHEDGE) – While a powerful 7.0 magnitude earthquake struck off the coast of Ishinomaki, Japan, a city located just 65 miles from Fukushima, on Saturday, there was a more notable volcanic eruption in southwestern Iceland near the capital Reykjavik on Friday night. In recent weeks, we published two notes informing readers about the more than 34,000 quakes that have been recorded on the Reykjanes Peninsula in recent weeks. On Mar. 4, we wrote: such "quake activity has previously preceded volcanic eruptions." By Mar. 14, the quakes worsened as the country was put on "high alert" for the next volcanic eruption. About five days from our latest note and tens of thousands of quakes later, the first volcanic eruption in the Reykjavik Peninsula in 800 years was recorded on Friday night.