Latest topics
» #QANON Katie and LadyDragon discuss her injustice and new Q posts@potus
Today at 8:17 pm by LadyDragon

» Bright fireball recorded over São Paulo, Brazil
Today at 8:10 pm by PurpleSkyz

» Executive Order: Military Tribunals for PedoGate VIPs | David Zublick
Today at 6:20 pm by PurpleSkyz

» 2018-03-18 Connecting Consciousness - Simon Parkes March II
Today at 6:17 pm by PurpleSkyz

» The GoldFIsh Report No. 204 & 206
Today at 6:12 pm by PurpleSkyz

» Dane Wigington and Prof. Paul Beck with Host Geoff Brady - Geoengineering Watch Global Alert News
Today at 12:56 pm by Consciousness Of Economic

» Russia's gold rush continues, with reserves at all-time high
Today at 12:55 pm by Consciousness Of Economic

» Trump to announce anti-opioid plan with death penalty for dealers
Today at 12:53 pm by Consciousness Of Economic

» Canal completely drained after huge 100ft wide sinkhole opens up just feet from a boat in Cheshire, UK
Today at 12:20 pm by PurpleSkyz

» UPDATE - CREEPY Voicemail Message Is "Shaking" The Internet
Today at 11:45 am by PurpleSkyz

» Fastwalker
Today at 11:00 am by PurpleSkyz

» Fundamentals 2&3: Are You a Citizen? By Anna Von Reitz
Today at 10:57 am by PurpleSkyz

» I AM by Ines Radman
Today at 10:55 am by PurpleSkyz

» Values… by Visionkeeper
Today at 10:53 am by PurpleSkyz

» The Game 2.-
Today at 10:52 am by PurpleSkyz

» Benjamin Fulford 3-19-18
Today at 10:49 am by PurpleSkyz

» Glasses come to the fullness with Light
Today at 10:48 am by PurpleSkyz

» UFO News ~ Triangular UFO photographed by an airplane passenger over Texas plus MORE
Today at 10:44 am by PurpleSkyz

Today at 10:35 am by PurpleSkyz

» American SwissIndo aka Cindy Kay Currier - THIRD CONTINENTAL CONGRESS -
Today at 10:13 am by PurpleSkyz

» What is religion? Fake news? - David Icke
Today at 10:09 am by PurpleSkyz

» Ken O'Keefe Update on Banned Youtube Videos - 'Youtube is a comin'
Today at 10:08 am by PurpleSkyz

You are not connected. Please login or register

Out Of Mind » THE INSANITY OF REALITY » GOVERNMENT & THE NEW WORLD ORDER » Baltic Dry Index Continues to Slide, Down 22% from Last Month

Baltic Dry Index Continues to Slide, Down 22% from Last Month

Go down  Message [Page 1 of 1]




Baltic Dry Index Continues to Slide, Down 22% from Last Month

February 10, 2016 eClinik Learning Leave a comment

The Baltic Dry Index [BDI] continues to slide down from 369 last month to 291 today. An indication that the financial war, and the Covert WW3 at large, are now reaching dangerous heights.

The BDI is a good indicator in the flow of goods across “23 shipping routes measured on a timecharter basis, the index covers Handysize, Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain.”[1]
“The supply of cargo ships is generally both tight and inelastic—it takes two years to build a new ship, and the cost of laying up a ship is too high to take out of trade for short intervals,[7] the way you might park a car safely over the winter. So, marginal increases in demand can push the index higher quickly, and marginal demand decreases can cause the index to fall rapidly. e.g. “if you have 100 ships competing for 99 cargoes, rates go down, whereas if you’ve 99 ships competing for 100 cargoes, rates go up. In other words, small fleet changes and logistical matters can crash rates…”[8] The index indirectly measures global supply and demand for the commodities shipped aboard dry bulk carriers, such as building materials, coal, metallic ores, and grains.
Because dry bulk primarily consists of materials that function as raw material inputs to the production of intermediate or finished goods, such as concrete, electricity, steel, and food; the index is also seen as an efficient economic indicator of future economic growth and production. The BDI is termed a leading economic indicator because it predicts future economic activity.[9]
The leading freight index BDI started in 1985 at 1000 reference points, reached its peak 11,793 points on May 20, 2008, only to plunge to 663 points, or 94% after 5 months, or during the “big short” days.
The BDI did recover months later to as high 4660 but since then on a downward trajectory until last month’s 369 points. Normally in most indexes, downturns rebound quickly since speculators were just waiting in the wings for lower prices.
But, today’s 291 point slide is confirming earlier reports that international shipping is effectively shut down due to the non-acceptance of petrodollar.

Here are some recent BRICS pronouncements:
“Ditching the dollar, Iran and India have agreed to settle all outstanding crude oil dues in rupees in preparation to future trade in their national currencies. The dollar dues — $6.5 billion equaling 55 per cent of oil payment — would be deposited in National Iranian Oil Co account with Indian banks,” The Indian Express reported on January 5, 2016.
“As we know, the [Russian] Finance Ministry is working on creating a scheme [of payments in national currencies]… This issue has been repeatedly discussed at Russian-Chinese negotiations as well as with Iran,” Aleksei Alekseenko said an agricultural exhibition in Moscow.
“Sometimes profound tectonic shifts in the global politics arise from the least noticed events. Such is the situation with Iran and the recent visit to Tehran of China’s President Xi Jinping. What emerged from the talks confirms that the vital third leg of what will become a genuine Eurasian Golden Triangle, of nations committed to peaceful economic development, is now in place,” American-German researcher, historian and strategic risk consultant F. William Engdahl writes in his article for New Eastern Outlook.
These repeated warnings are purposely done to allow Western population to take the necessary preparations, and to watch what their governments will be doing to preserve itself.

The global shipping situation is so dire, even this container ship is having no enthusiasm of reaching its port of destination.

“The vessel CSCL Indian Ocean ran aground Wednesday night at 21:20 UTC. Initial reports said the incident was caused by an apparent mechanical failure.
An attempt to refloat the ship at around noon local time was unsuccessful.
Germany’s Central Command for Maritime Emergencies (CCME) says it has been in touch with the ship owner and they are in the process of developing a salvage plan. A second attempt to refloat the ship is expected during the next high tide at 00:30 a.m. Friday.
An overflight of the area Thursday showed no signs of pollution. There were no injuries reported.
The Hong Kong-flagged ultra large container vessel (ULCV) CSCL Indian Ocean measures 399.6 meters long by 58.6 meters wide. The vessel belongs to China Shipping Container Lines, part of China Shipping Group. It is one of 5 CSCL ships with the capacity to carry a staggering 19,100 twenty foot containers.”
Aside from from the fiat monetary scam and blood-soaked petrodollar, another significant source of funds for the Nazionist Khazarian Mafia is the “healthcare” industry which registered a whopping $3.09 trillion in 2014, and is projected to soar to $3.57 trillion in 2017, in the US alone. We believe that this is just a conservative figure.
We can avoid using drugs, defeat any viral attack and  scaremongering, like the Zika virus, easily by knowing how to build our own comprehensive antiviral system. Find more about it here.

Thanks to:



Nice job with this purps...The masses do not understand its importance....


down below 300 and dropping like a rock my friend!!!



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum