Falling Off of a Cliff

RSS Feed

Falling Off of a Cliff

June 11th, 2015

FAKE NEWS for the Zionist agenda

by Rory, The Daily Coin

It appears that, once again, we find ourselves in situation where the mainstream media is pure spin mode and pumping lie after lie about how well the economy is doing. Since the beginning of this year I have been paying close attention to two strong indicators of just how well our global economy is doing. Time for another blue pill.

Earlier today I was speaking with Dave and we were discussing our upcoming interview with Wolf Richter. (to be recorded and released in the early part of July) and we fell into a conversation about the “ties-that-bind”. It has been shown time and again that actions always have a reaction. This is a simple law of nature. If you are looking at the Baltic Dry Index, which is one of my favorite charts, as it can not be rigged due to the fact it is based on what people get paid. Most people don’t like getting their pay jacked-around, so, in my opinion, this is a pretty “clean” set of numbers. One of charts that Mr. Richter likes to look at is the Shanghai Containerized Freight Index. Once again, this has a direct impact on an individuals livelihood, so the odds of it being rigged are greatly diminished.

Example of a cargo ship that would be counted in the BDI

Quick explanation for those that are new:
Baltic Dry Index (BDI) is the cost to lease a container ship that specifically carries raw materials (sand, iron ore, silver ore and the like). Items you would make another “finished” product that would then be sold at wholesale or retail markets. The more demand for these ships, thus creating tighter supply, the price goes up. The exact opposite happens when the supplies are good and the demand is low–the price goes down. You have to keep in mind these ships are not leased for a day or two; a lot of the contracts are for six to eight months or more.

To read the rest of the story, click here.