Baltic Dry Index....COLLAPSING | |
asymetriclogic User ID: 7984072 United States 01/16/2012 07:34 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Anonymous Coward 7432020 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. ^^^^^^^^^^^^^^^^^^ THIS^^^^^^^^^^^^^^^^^ Where spirit, logic, intuition, and truth intermingle. USMC Lifer. |
Anonymous Coward User ID: 8886440 United States 01/16/2012 08:02 PM Report Abusive Post Report Copyright Violation | AC 6897881 ( Page one ) ......" That means we have been in a depression for 3 years !" Been saying that for THREE YEARS ! BUT, the Obammy media were first talking about " green shoots', but that got 'shot' down/withered ! One has to have spent some time here, been through a Depression, like I have to see/recognize all the signs/symptoms. The BDI was down in 2009 and 2010, but all the naysayers on those threads were here like shills, screaming and yelling " Nothing New ". "Stay with American Idol/porn or MSM as it is all working out; and besides, Oboe is 'monetoring the situation', LOL ! |
Anonymous Coward User ID: 2155054 United States 01/16/2012 10:19 PM Report Abusive Post Report Copyright Violation | COMPARE CLOSELY WITH LAST YEAR. the train is going down hill. things are supposed to be getting 'better'? bullshit. check the 1 day results as well. the trend is much worse than even last year!.. commerce is diving folks! it looks like the last 3yrs have been like a death rattle motion...something kicking to survive...but now...is going SOUTH...exhaling it's last breath |
Anonymous Coward User ID: 8783840 United States 01/17/2012 02:24 AM Report Abusive Post Report Copyright Violation | Down another 3.79% today. 1013. As has been said before. 1020 or lower is the level at which shippers lose money(ie they can not pay fuel,crew,and maintenance costs). [link to www.bloomberg.com] Expect more shippers to go bankrupt in the next few months,much like happened last year. [link to valuestockguide.com] Nov 11,2011 Frontline Crashes and Burns Frontline (FRO) has long been considered one of the best managed shipping company in the business. Let by John Frederiksen, the company has managed to create tremendous shareholder wealth in good years, including succulent dividends and capital gains. The company is now floundering and has announced that there is too much uncertainty in its business and it needs a capital restructuring – more capital infusion – to survive. It is very likely that it may be able to renegotiate some of its debt facilities. IE Frontline just died. |
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Anonymous Coward User ID: 9133179 Portugal 01/19/2012 08:25 AM Report Abusive Post Report Copyright Violation | zerohedge Baltic Dry collapse getting ridiculous: 893, lowest in years há 6 minutos [link to twitter.com] |
Anonymous Coward User ID: 8954548 Norway 01/19/2012 09:04 AM Report Abusive Post Report Copyright Violation | I'd say we can now safely conclude that the BDI has entered a death spiral. We know the BDI is very volatile. In 2010 it also had its plunge but the ECRI clearly said that this was temporary. We were not going to enter a recession. They were right. This time however, the ECRI claims a global recession has already started and there's nothing we can do about it. Love it how they rub that in. It looks like things are going to converse nicely: China bubble imploding, Greece about to default, debt crisis out of control and the BDI breaching its so important 900 level. Throw in a nice natural disaster and we got ourselves a nice spectacle to watch soon. |
Dirt Diver User ID: 9128964 Belgium 01/19/2012 09:13 AM Report Abusive Post Report Copyright Violation | I'd say we can now safely conclude that the BDI has entered a death spiral. Quoting: Anonymous Coward 8954548 We know the BDI is very volatile. In 2010 it also had its plunge but the ECRI clearly said that this was temporary. We were not going to enter a recession. They were right. This time however, the ECRI claims a global recession has already started and there's nothing we can do about it. Love it how they rub that in. It looks like things are going to converse nicely: China bubble imploding, Greece about to default, debt crisis out of control and the BDI breaching its so important 900 level. Throw in a nice natural disaster and we got ourselves a nice spectacle to watch soon. |
Anonymous Coward User ID: 9133179 Portugal 01/19/2012 09:17 AM Report Abusive Post Report Copyright Violation | I'd say we can now safely conclude that the BDI has entered a death spiral. Quoting: Anonymous Coward 8954548 We know the BDI is very volatile. In 2010 it also had its plunge but the ECRI clearly said that this was temporary. We were not going to enter a recession. They were right. This time however, the ECRI claims a global recession has already started and there's nothing we can do about it. Love it how they rub that in. It looks like things are going to converse nicely: China bubble imploding, Greece about to default, debt crisis out of control and the BDI breaching its so important 900 level. Throw in a nice natural disaster and we got ourselves a nice spectacle to watch soon. You say everything!!! |
Anonymous Coward User ID: 5550344 United Kingdom 01/19/2012 09:20 AM Report Abusive Post Report Copyright Violation | I'd say we can now safely conclude that the BDI has entered a death spiral. Quoting: Anonymous Coward 8954548 We know the BDI is very volatile. In 2010 it also had its plunge but the ECRI clearly said that this was temporary. We were not going to enter a recession. They were right. This time however, the ECRI claims a global recession has already started and there's nothing we can do about it. Love it how they rub that in. It looks like things are going to converse nicely: China bubble imploding, Greece about to default, debt crisis out of control and the BDI breaching its so important 900 level. Throw in a nice natural disaster and we got ourselves a nice spectacle to watch soon. |
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Stu User ID: 3643288 United States 01/24/2012 06:50 PM Report Abusive Post Report Copyright Violation | Thread: Baltic Dry Index Nosedive _____________________________________ Even the structure of the atom has been found by the mind. Therefore the mind is subtler than the atom. That which is behind the mind, namely the individual soul, is subtler than the mind. -Ramana |
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Anonymous Coward User ID: 1382145 United States 01/27/2012 08:50 AM Report Abusive Post Report Copyright Violation | Another 3.6% + drop, down to 726. What was that all time low again? At this rate, might see it next week. [link to www.dryships.com] |