Baltic Dry Index....COLLAPSING

Heard that Rotterdam port is down 25% today from a tourist here. Then I see this.

Doom

Doom

da

DOOm doom

Hear the song?

what jobs asshole?

4.706% drop. Thats not good.

ohhhh sh*****t the baltics have dried upppppp!!!

None of you know what the hell you're talking about. The BDI should have collapsed a few years back, but was being pushed back up by china's demand for raw materials for their developing infrastructure.

They have now completed their purchases, and are also having major problems of their own, so now you know what's going to happen next!

BDI = 26 major global shipping companies which is also a britis/uk indicator. Very reliable, and can not be manipulated like the other markets because all shipping is paid well in advance of actual shipping.

Can I have your job? I just love shilling for The Man!

What world you dwelling in there captain no clue?

clearly a sign of market manipulation..just the norm.

What people don't get, is that unemployment is not rising.
Not rising at all.
The only reason they can't get a job is because of the new unofficial "rules" on gaining employment.
Made up by the sadistic evil psychopath control freaks.

They used the financial crisis as an excuse to do this to bring in these unofficial secretive "rules" on who can and can not work.
Its a part of the NWO a larger plan moving toward the chip to buy and sell.

But as anyone with half a brain would know, they are very very unintelligent these psychos.
Only gaining their powers from sucking major ass.

And what they have tried to do will turn around and smack them in the face very soon.
And they can not see it, that they are actually the "ones" being weeded out

A lower Baltic Dry Index (BDI) indicates:

There is less consumer demand so ship owners get fewer full cargoes of goods to deliver.

This makes fewer ship owners able to afford the insurance on both their ships and their cargoes.

Lesser loaded ships that are fewer in number make transoceanic deliveries.

Less goods are transported in fewer railcars to the nearest railhub.

Fewer trucks deliver less goods across country to grocery stores and other consumer retail outlets.

Products are re-stocked on shelves with less frequency.

Stores run out of products more quickly and withgreater frequency.

Eventually (SOON) fewer and fewer ship owners can stay in business, fewer and fewer railway companies can stay in business to move goods from point A to point B, and fewer and fewer trucking lines can stay in business to deliver products across country to point of sale retail outlets.

There are disruptions in the supply line to the public.

Delightful.

The Baltic Dry Index has nothing to do with shipping consumer goods. It is about shipping raw materials like iron ore, lumber, grains, etc.

They are raw materials that are shipped to manufacturers for processing into building materials mainly except for things like grains, and coal.

To put it simply, they are commodities in dry bulk, and not pre packeged consumer products.

I am seeing strong shipments of chemical products here in ISO containers shipped overseas.

Many say we dont produce anything here anymore...not true..we are still a leader in chemical manufacturing and shipments. These chemicals are mixed with the dry bulk raw materials to create finished products.

There was some slowing of these activities in the fall of 2011 but activity has picked up again after the holidays,stronger than its been in quite a while,my 2 cents as I only see part of the puzzle up close and personal,however I have found that chemical shipments are a strong leading economic indicator in my years involved in the industry.

1053.00 (-4.71%)

Big chance we take out 900 very soon.
Let the world wide Ponzi scheme collapse. It's about time.

Again !

Well it does, businesses are closing their doors all around here in the Netherlands.

That makes better sense.

And its a lot more worrying.

China pulled the typical deficit spending on hopes and dreams FDR tactic to "stimulate" their economy, purely Keynesian.

All their expansion is on the back of their labor force, the communist government and more importantly ruling oligarchy behind that government could care less about providing infrastructure for growth, it's more like busy work and a way to store up raw materials when and if they need it later on.

Why do you think they are encouraging their people to buy and hold silver and gold? That is easy storage for later on when the government oligarchs need it. Trusting any government owned and operated warehousing system would result in some amount of theft and pilfering, but the hard working people can be trusted to keep it in safe keeping.

BREAKING inside info: Baltic Dry will collapse 40 points today...only 13 pts away from 1000 and be in the triple digits by tomorrow. Check back later tonight for the update.

hmm. will DRYS fall under $2 again ?

HARPEX also looks pretty much like 2008/2009 :(

Doooom!!!

Fuck. It's carshing!!!

Also, some warm milk and a warm damp wash rag across the forehead.

I agree, buying opp. They over built ships, so you cant compare it to the past without factoring that in. Many will go under and consolidation will take place. Now is the time to buy low.

Baltic Dry Index is the measure of shipping activity i believe for both ships and trains-for sure ships

pretty much all the ports from Vancouver BC down to San Deigo are experiencing massive loss of shipping/loading unloading activity

and rail shipping is down

I think there one port that is doing very well but the rest pffft