Tuesday, October 13, 2009
Dramatic Video Showing the Shipping Collapse
CHECK THE BALTIC DRY INDEX VIDEO:
4 Min Video Here
Stock Market Bull Trap Heading for a 50% Crash to 5,000
At the risk of getting ahead of myself prior to being able to confirm the turn, I am suggesting stock market action over the past week bears the distinct odor of a bull trap, with even informed technicians still waiting for a push to 50% retracements on the indexes. In this respect then, you should realize the context of such a bull trap would be profound in that we are talking about the March lows being tested and violated, meaning for example the S&P 500 (SPX) could be on its way down to test its namesake at 500 before this next sequence is all over.
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Slowly but surely all store inventory gets reduced until there's almost nothing left.
ReplyDeleteThis way, when the store declares bankruptcy, their creditors won't get much.
Plus selling their inventory and not paying back their employee collected taxes are the last grasp - then it is over.
ReplyDeleteThey actually told the truth and stated the reason for the shipping woes was a refusal of banks to make loans. They didn't really explain that though.
ReplyDeleteFirms that run month to month take out monthly loans to buy merchandise. When these firms could not get loans they did not have the means to buy merchandise from the shipping firms.
Therefore, the bankers caused this.
End the Fed!
So let me get this straight.....I could charter one of these bad boys for $2800/day?
ReplyDeleteBS
ReplyDeleteOh, boy! So true!
ReplyDeleteI am from Greece and while our shipping magnates 2-3 years ago were swimming in billions of US dollars, thanks to the Baltic Dry Index bubble, now they not only have liquidity and debt problems, they also cancel any further purchases from the Korean, Japanese and Chinese shipyards.
Here in Greece we're going to face the same images with abandoned tankers and carriers like in late 1980's to early 1990's. And also an economic Depression.
8:20 Just as in the 1980's and 1990's we got out of the depression we will we again this time (that is if there is going to be a depression)
ReplyDeleteAnonymous 9:21, the U.S. will collapse in time. The U.S. dollar index is at a support level of 75. Once it goes below 71, the dollar will crash.
ReplyDeleteMwahahahah....People do you remember the article posted by the EA of large amount of ships hiding near Singapore? I challenge the EA to show an updated picture of the site. Well let me tell you all the ships there are back in business and sailing. There is no shipping collapse.
ReplyDeleteOh Christ the resident retard arrived..HAIL THE RESIDENT RETARD..I challenge the retard to show he's not retarded. Now he's an expert on shipping..because he stated that they are sailingFantastic analysis...BWAAAAAAHAHAHA
ReplyDeleteThe futures so bright, you got to wear Mil-SPEC 2012-666 Thermonuclear flash rated shades...
ReplyDeletewhat could you produce for your $2,800, 4:51 anon? short of trafficking sex, you could move items via the internet and express mail for much less.
ReplyDeleteIts the greed of the power hungry shapeshifters who run it have made this country a disaster. What could have and should have been done with the wealth of this country is a cryin shame, they have totally looted and have shaken almost everyone down and they won't be happy till they have taken your last penny and have left you rendered totally powerless.
ReplyDeletesnipe a rothschild for world peace
ReplyDeleteIf only we could convince the shapeshifters to turn into something nice and beautiful this world would be a beautiful place. That is going to be my new goal.
ReplyDeleteThe Beavis in me would spent my last $3k and rent one of those and run it into a whale.
ReplyDelete