Wow! Lee Hsien Yang accused PM Lee of being a liar!

http://www.businesstimes.com.sg/government-economy/lee-family-feud/lee-kuan-yews-final-will-was-not-drafted-by-stamford-law-lee

No wonder Lee Hsien Yang will have to leave SG for good because of the acrimonious family feud.

PM Lee will definitely accuse Lee Hsien Yang of casting aspersion on his integrity because a liar is unfit to be a PM especially one who is lying openly in public.

Why is Lee Kuan Yew's house or will no longer a family affair!

Lee Kuan Yew's house or will is no longer a family affair for a simple reason despite PM Lee's assertion.

Why?

It used to be a family affair until PM Lee set up a ministerial committee to handle his "family affair".

When you use parliament or set up a ministerial committee to handle or take charge of something, it becomes a public or national issue because you are basically using our national resources to resolve the matter.

You cannot use our national resources to handle or resolve your private or family affair and still proclaim it to be a personal or family issue.

This is setting a dangerous precedent for our future PMs and we don't think this is right and therefore strongly oppose this.

If there's a doubt about the veracity of the will, please contest it in court with your own resources and not use our national resources.  Then you will have the right to proclaim this to be a family affair.

Lee Hsien Yang will be leaving Singapore for fear of retaliation from PM Lee, his elder brother.

https://sg.news.yahoo.com/news/singapore-pms-brother-says-fears-110803440.html

http://sg-stock.blogspot.sg/2017/06/dr-lee-wei-ling-said-that-her-brother.html

Lee Hsien Yang doesn't trust PM Lee at all now.

Singapore stock calls for 15 June 2017

Dr Lee Wei Ling said that her brother, Lee Hsien Loong, is not suitable to be a Prime Minister.

https://www.facebook.com/weiling.lee.980/posts/444615392560776

Wow! When a sister said such thing about her own brother, it left a big question mark about PM Lee.

Will PM Lee sue his own sister? If PM Lee doesn't sue her own sister, does that mean there are some elements of truth in her remarks?

http://sg-stock.blogspot.sg/2017/06/hot-news-lee-hsien-yang-and-lee-wei.html

Singapore stock calls for 14 June 2017

Hot news! Lee Hsien Yang and Lee Wei Ling have no confidence in PM Lee.

https://sg.news.yahoo.com/lee-hsien-yang-lee-wei-ling-say-no-confidence-singapore-pm-lee-hsien-loong-010102573.html

The siblings of PM Lee have no confidence in him because they believe PM Lee is trying to capitalize on Lee Kuan Yew's legacy for his own political agenda, be it for himself or for his son.

If this is how PM Lee's siblings see their own brother, then something is seriously wrong because it's 2 Lee vs 1 Lee.

Financial experts couldn't agree among themselves about global growth.

https://www.reuters.com/article/us-usa-recession-deutsche-bank-idUSKBN1931X5

https://finance.yahoo.com/news/bill-gross-warns-financial-markets-115500026.html

Financial experts are giving conflicting opinions about global growth and this phenomenon shows that the markets are getting dicey because the future is becoming unpredictable.  One says a recession is very remote while the other says the market risk is getting high.

Singapore had repented and invited China to bid for KL-HSR construction.

http://en.people.cn/n3/2017/0612/c90000-9227233.html

http://sg-stock.blogspot.sg/2017/05/bad-news-china-has-isolated-singapore.html

http://sg-stock.blogspot.sg/2017/05/the-fight-for-kl-sg-hsr-is-not-over-yet.html

Singapore had repented because of Japan's public expression to join the BRI and was rejected by China. Singapore knew that it couldn't support Japan anymore after seeing Japan being snubbed by China unless SG wanted to be ostracized completely by China.

http://sg-stock.blogspot.sg/2017/06/what-is-japan-thinking-it-just-shows.html

Furthermore, HK has just joined AIIB.  SG has always been looking at HK as a direct competitor in this region as HK is a much bigger financial hub than SG.  HK will be able to capitalize on its financial expertise to provide financial assistance to the BRI project through AIIB which SG is also targeting.

http://sg-stock.blogspot.sg/2017/06/what-joke-singapore-to-help-bankroll.html

http://gbtimes.com/business/hong-kong-becomes-aiibs-first-non-sovereign-member

Women are really bad drivers!

They don't know how to operate a handbrake. Hahaha!

Russia has deployed K-300P bastion missiles on Kuril Islands.

http://www.bestchinanews.com/Military/7271.html

It was reported that Russia deployed K-300P bastion missiles on the Kuril Islands after Japan received its first F35 fighter plane.  This type of missile can fly at 2.5mach and the missile system will usually fire 2 missiles at around the same time.  Once one missile hits the target, the other missile will search for the next target.

Kuril islands are very near to Hokkaido and these bastion missiles will definitely put Japan on constant alert.

Singapore stock calls for 13 June 2017

Panama dumps Taiwan for China!

https://sg.finance.yahoo.com/news/panama-cuts-ties-taiwan-switches-china-024859147.html

Panama has definitely made a wise choice by choosing China over Taiwan.  This is a win-win situation for Panama and China.

What a joke! Singapore to help bankroll China's global ambitions.

https://sg.finance.yahoo.com/news/singapore-offers-help-bankroll-chinas-090659539.html

Let's face it. Singapore needs China more than China needs Singapore.  China can secure its goods and oil without going through SG already.

China has more money than SG but SG wants to help finance China's BRI.  Furthermore, AIIB is always there to help finance BRI for other governments.  Therefore, I don't see how SG can compete with AIIB and other local banks.  SG is trying to paint a beautiful picture between SG and China but the truth deviates far from the news.

As long as we've a USA naval base and P8A plane in sg, China will NEVER trust SG.  If we want to gain China's trust, we'll need to start to purchase China-made military weapons but this move would anger the USA.

Hot news! ISIS leader was killed in Syria!

https://www.thesun.co.uk/news/3773686/isis-leader-abu-bakr-al-baghdadi-killed-in-a-massive-airstrike-in-syria-the-countrys-state-tv-channel-claims/

I hope this news is true because ISIS will be weakened significantly without a leader.

Why is China going to the moon?

The moon has an abundance of Helium 3 which can be used as a fuel for clean energy.

The most efficient energy technology now is nuclear fission but it will produce deadly radiation and nuclear waste.  However, there is a better alternative which is nuclear fusion and it is the same fusion process as the sun.

Nuclear fusion requires Helium 3 as the fuel or power source and the fusion technology produces no radiation and waste.  It is often touted as the clean energy technology.

http://www.explainingthefuture.com/helium3.html

China wants to explore the moon for Helium 3 mining and Alien discovery projects.

Singapore stock calls for 12 June 2017

Noble has to sell its core assets because it can't get new loans.

https://uk.reuters.com/article/uk-noble-restructuring-oil-idUKKBN1930F7

Noble has to sell its core assets for survival since it cannot get new loans.  Noble will be left with just bad assets after selling its good assets.  It'll be hard for Noble to turn around with its remaining bad assets.

Updates on Qatar

https://sg.finance.yahoo.com/news/trump-praised-qatar-combating-terrorism-021000905.html

Trump should be a roti prata seller instead because he sure knows how to flip flop so easily.

Trump has pitted its own navy against its airforce.  Why? Saudi has strong support from USA navy whilst USA air force is based in Qatar.

This will be a good show to watch.

Mass sightings of UFO in Melbourne in 1966

http://www.heraldsun.com.au/leader/inner-south/westall-ufo-sighting-witnesses-to-speak-about-the-1966-alien-encounter-at-clayton-south/news-story/ba54dbec1130e3df8715c728e65bc028?nk=4b0e4d9b8c4d9987971b0e7b32e190b2-1497104119

How to believe there is no UFO when there are so many sightings till today?

Baltic dry index - 849

Today, Friday, June 09 2017, the Baltic Dry Index climbed by 25 points, reaching 849 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

======================

Related stocks: Sembcorp Marine, Cosco & Pan Ocean.

US rig count - 927

HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. rose by 11 this week to 927.

A year ago, just 414 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 741 rigs sought oil and 185 explored for natural gas this week. One was listed as miscellaneous.

Oklahoma added five rigs, New Mexico gained four, while West Virginia and Ohio tacked on two each. Louisiana, Pennsylvania, Utah and Wyoming each gained one.

Texas lost three rigs, Alaska shed two, while Colorado lost one.

Arkansas, California, Kansas and North Dakota were all unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.

=====================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

UFO caught leaving the moon by a telescope.

Wow! China has achieved a technological breakthrough in nuclear energy.

http://en.people.cn/n3/2017/0609/c202936-9226452.html

China has created a more environmentally friendly nuclear energy accelerator and nuclear waste can be reduced to only 4% of the current waste.  Great work!

Singapore stock calls for 9 June 2017

Wow! China will be building a global broadband system by 2025.

People will be able to access the internet anywhere by 2025. Great work!

Taiwan TSMC is in trouble now!

https://www.elektormagazine.com/news/world-record-5-nm-gaafet-ic-from-ibm-samsung-globalfoundries

The IBM research alliance has succeeded in the development of 5nm chip.  Samsung has finally found the way to defeat TSMC now.

Singapore stock calls for 8 June 2017

Women are getting vicious nowadays!

Women showed no fear and remorse over killings of their gal friends!

http://www.dailymail.co.uk/news/article-3878050/Australian-student-Jessica-Wongso-guilty-poisoning-friend-cyanide-laced-coffee-faces-sentenced-20-years-Indonesian-jail.html

Indonesian girl faced 20 years jail over killing her best friend with cyanide in a coffee cafe in 2016 because she was jealous of her friend's better life.

http://www.dailymail.co.uk/news/article-4573232/Fugitive-confesses-murdering-lesbian-Thai-bar-girl.html

A Thai girl chopped her gal friend into half after she reported her boyfriend for a drug offence in 2017.

Both incidents showed the women were showing no fear or remorse and were seen smiling happily over their killings.

What is happening to this world?

South Korea has put the undeclared 4 THAAD systems on hold.

https://sg.news.yahoo.com/korea-freeze-thaad-deployment-pending-probe-070501928.html

Only 2 THAAD systems are deployed in SK now while the other 4 undeclared THAAD systems are put on hold.

North Korea is firing missiles again!

https://sg.news.yahoo.com/north-korea-launches-multiple-missiles-seoul-233849501.html

The Middle East is in chaos now and NK wants to disrupt the peace in Asia too.

Sigh!

Ancient civilisation found on Mars!

NASA found ancient civilisation on Mars recently.

What were discovered on Mars?

Perfectly cut stones

Statues

Railways

Train stations

Skeletons

Stones structures

Why did Middle Eastern Countries cut diplomatic ties with Qatar?

Middle Eastern Countries cut diplomatic ties with Qatar because Qatar paid ISIS US$30b ransom for the release of its 26 princes.  There was an unconfirmed news about the abduction of 26 princes.

26 princes went out for a hunting trip and got abducted by ISIS and Qatar paid US$30b ransom for the princes' release.  This angered its neighbouring countries as ISIS might kidnap their princes too because ISIS was successful in getting Qatar to pay.  The US$30b ransom will be a big boost to ISIS because it has enough money to carry out more and bigger terrorist activities now.

Singapore stock calls for 7 June 2017

Saudi will sell oil to China in Yuan!

After Saudi Arab King's visit to China in March 2017, China has managed to get Saudi to give more price discounts to China and also use Yuan as the oil currency.

http://us.blastingnews.com/business/2017/06/china-may-seal-the-fate-of-the-petrodollar-with-yuan-payments-for-saudi-oil-001745281.html

This is a bone-breaking deal that will hurt the USD reserve currency status.  USD will weaken when more international tradings are done in non-USD currency.

China is definitely the biggest winner as it gets more price discounts and also no currency exchange losses.

What is Japan thinking! It just shows its inane in public.

http://www.globaltimes.cn/content/1050308.shtml

After badmouthing China in the Singapore during the Shangri-La Security Dialogue, Japan has expressed interest in joining the one-belt-one-road initiatives.  What is Japan thinking? Who will be so generous and forgiving?

Thus, it is not surprising for China to reject Japan's interest and Japan really deserves a tight slap for its inane behaviour.

Last but not least, China has also downgraded the security dialogue by sending a non-ministerial and low-ranking personnel to attend this summit in Singapore.

Public security is very bad in Europe now!

http://en.people.cn/n3/2017/0606/c90000-9224831.html

France started allowing China police officers to patrol Paris streets to protect China tourists in 2014 because of the high crimes rate.  Italy has followed suit and allowed China police officers to patrol 4 cities to protect China tourists.

Singapore stock calls for 6 June 2017

Middle East crisis!

https://www.theguardian.com/world/2017/jun/05/saudi-arabia-and-bahrain-break-diplomatic-ties-with-qatar-over-terrorism

Qatar is being ostracized by other middle eastern countries because it is the main supporter for ISIS.  Qatar has been funding and supporting ISIS for a long time.  Therefore, it's about time that other islamic countries take actions against Qatar.

Noble has difficulty in getting new loans!

http://www.businesstimes.com.sg/companies-markets/noble-group-is-said-to-ask-lenders-to-extend-credit-facility

Noble is asking for credit extensions with its existing banks because it has encountered great difficulties in securing new funding.

We did warn in our previous postings that investors would have little confidence in Noble because of its negative cash flows and the weak commodities industry.

Singapore stock calls for 5 June 2017

Malaysian cops are asking for bribery for this Ramadan Festival again!

Here we go again! Bribery is still rampant in Malaysia.  Do not go to Malaysia during this period unless you want to do "kind" donation so that Malaysian cops can enjoy a good Ramadan festival.

London attack after Manchester bombing!

http://www.bbc.com/news/uk-40146916

Look like terrorists are adamant to disrupt the 8 June election.

http://sg-stock.blogspot.sg/2017/05/whats-motive-for-manchester-bombing.html

Let's see how this will pan out.

Number Puzzle Game

The working will be revealed later. Try it and have some fun!

Baltic dry index - 830

Today, Friday, June 02 2017, the Baltic Dry Index decreased by 20 points, reaching 830 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

=========================

Related stocks: Sembcorp Marine, Cosco & Pan Ocean.

US rig count - 916

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by eight this week to 916.

A year ago, just 408 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 733 rigs sought oil and 182 explored for natural gas this week. One was listed as miscellaneous.

Texas added five rigs, Oklahoma added three, while Colorado, North Dakota, and Ohio each gained one.

New Mexico and Pennsylvania each lost two rigs, while Louisiana lost one.

Alaska, Arkansas, California, Kansas, Utah, West Virginia and Wyoming were all unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.

========================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Global warming is a threat to humanity but USA President Trump doesn't care.

The withdrawal from the Paris climate pact by USA is definitely a setback for the world.  The Paris climate pact is supposed to control the temperature rise within 2 degree celsius from pre-industrial era.

The impact of global warming can be felt by our generation now.  Just look at the warmer weather in Alaska.  The Alaskan mosquitoes are breeding faster and living longer now compared to the past.

These mosquitoes are spreading because they're slowly killing other animals living in the vicinity.  As it gets harder for the mosquitoes to feed on blood from other animals, the mosquitoes are targeting humans now.

The Alaskan mosquitoes are much bigger than other types of mosquitoes.

DBS and OCBC played a part in Indonesian haze that affected Singapore.

http://www.channelnewsasia.com/news/singapore/dbs-ocbc-financed-indonesian-palm-oil-firms-engaged-in-8906772

What happened to corporate social responsibility advocated by our local banks?

http://www.straitstimes.com/business/dbs-sets-up-50-million-foundation-for-corporate-social-responsibility-efforts

http://www.todayonline.com/singapore/ocbc-injects-s600000-csr-scheme-initiatives

Look like being conscious of our environment is never part of our banks' CSR.  Making money is a higher priority over protecting the environment!

Resorts World Manila was attacked! This casino is a subsidiary of Genting.

https://sg.news.yahoo.com/gunman-kills-himself-suspected-robbery-philippines-casino-police-005155910.html

Resorts World Manila, a subsidiary of Genting, was under attacked and at least 36 people were dead.

Singapore stock calls for 2 June 2017

OMG! There is a huge shortage of Renminbi now! - Part 2

For those not in the finance industry, CNH means Offshore Chinese Yuan while CNY means Onshore Chinese Yuan.  Overnight CNH Hibor is still high at 8.7%.  Can you imagine paying 8.7% just for borrowing Renminbi for an overnight?

What are the implications for a rising Renminbi?

By right, the Moody's downgrade of China's credit rating would cause Renminbi to depreciate because more investors would stay away from China resulting in lesser capital inflows and more outflows.  However, the opposite happened because of intervention by the China government.  The rising Renminbi will affect a few things in the world because China is the 2nd largest economy.

The China property market will start to damper because it becomes more expensive for foreign investors to invest in properties due to unfavourable exchange rates.  The burgeoning debt situation will also be reduced spontaneously because of a stronger Renminbi, especially for the foreign currency denominated debts.  Foreign companies in China and those trading with China will also start to stock up on Renminbi because of this shortage.

All in all, the rising Renminbi will cause the China government to increase interest rates to reduce the demand and keep the yuan in China.  Therefore, fixed income fund manager will be monitoring the spreads between Hibor & Shibor for any arbitrage opportunities.

China will be building an undersea monitoring system in South China Sea.

http://edition.cnn.com/2017/05/29/asia/south-china-sea-underwater-observation-system/

This is akin to USA "SOSUS".

https://en.wikipedia.org/wiki/SOSUS

China will be able to know the undersea activities soon with this system.  It will be harder for USA submarines and undersea drones to be undetected.

Fake beer production in China!

http://en.people.cn/n3/2017/0531/c90000-9222451.html

This time is Budweiser brand.

Don't ever think that buying an international brand in China is a safe shopping decision unless the production is not in China.

Singapore stock calls for 1 June 2017

OMG! There is a huge shortage of Renminbi now!

Just take a look at the charts for the past few days.

The overnight CNH Hibor has surged from 5.35% to 42.8% now which shows that there is a huge shortage of Chinese yuan now.  This means that the China government has succeeded in stamping the capital outflow and attracted foreign investors to stock up on yuan.

The HK-China bond trading link has also helped to boost the Chinese yuan demand.

Singapore stock calls for 31 May 2017

Artificial intelligence will destroy more jobs than it creates.

Many displaced workers won't be able to fit in this new industrial revolution and can no longer find jobs but our government is not forthcoming about this.  Training and re-training will no longer help those displaced workers to find jobs as humans cannot work 24/7 and are not as effective as AI machines.

http://www.marketwatch.com/story/this-is-how-many-us-jobs-robots-and-automation-will-create-over-the-next-10-years-2017-04-04

MIT University research showed that every 1 robot added would displace 6 human workers.  AI machines will create 15m new jobs in USA but also destroy 25m jobs simultaneously.  The net effect will be a job loss of 10m which is tantamount to 10m displaced humans without jobs.  These 10m humans won't be able to work and will create a new social problem.

USA has a warped viewpoint of the world.

https://www.reuters.com/article/us-australia-usa-mccain-idUSKBN18Q0WZ

USA accused China of being a bully in South China Sea.  What a joke! USA should look at itself first.

Was USA President a bully when he shoved another PM in public and he didn't feel ashamed at all?

https://www.thesun.co.uk/news/3664712/donald-trump-g7-summit-shove-montenegro-prime-minister-latest-news/

Was USA a bully when it installed more military weapons in SK without permission?  Doing so was a big disgrace and humiliation to SK.

http://sg-stock.blogspot.sg/2017/05/south-korea-is-no-longer-sovereignty.html

The bottom line is when you are a superpower country, you can just do as you please and everything you do is justifiable.  This is the value USA is spreading to the world.

When you are fit, you can do amazing stunts!

The importance of staying fit in old age helps you to remain healthy.

Singapore stock calls for 30 May 2017

South Korea is no longer a sovereignty.

http://en.people.cn/n3/2017/0530/c90000-9221978.html

South Korea is no longer a sovereignty because the USA can install any military system in South Korea without any permission.

What's the use of the investigation when SK dares not do anything to USA?  It's just a political show for its citizens to see.

Credit Sussie escaped relatively unscathed with just a $0.5m fine out of 1MDB scandal.

https://www.bloomberg.com/gadfly/articles/2017-05-30/singapore-s-puny-1mdb-fine-won-t-fool-credit-suisse?utm_source=yahoo&utm_medium=bd&utm_campaign=headline&cmpId=yhoo.headline&yptr=yahoo

Credit Sussie got a light tap on its hand for participating in the 1MDB scandal but our local banks got more fines than foreign banks.

Singapore is indeed an investment-friendly country.

Singapore stock calls for 29 May 2017

Thailand to take on Singapore for MRO.

http://www.channelnewsasia.com/news/asiapacific/thailand-plans-us-5-7b-upgrade-of-civil-military-airport-to-take-8891530

Thailand will have no problem raising funds because even if they can't raise enough fund in Canada, they can approach China.  China will be very eager to help Thailand so that it can take on SG.  We are facing unfriendly neighbours now because we are the only country in ASEAN that is anti-China.

Germany's Merkel: US and UK are unreliable partners.

https://sg.news.yahoo.com/merkel-warns-us-britain-no-longer-reliable-partners-143042162.html

Hahaha! It took so long for Germany to realize that US & UK are unreliable partners.

Germany is too weak to stand on its own now.  Its military prowess is not as strong as before because it lacks fighter planes, tanks and missiles.  Germany has to form strategic alliances with other countries to fight against US & UK.

USA is lying again! USA is really a congenital liar!

http://en.people.cn/n3/2017/0528/c90000-9221691.html

USA spy plane was intercepted by 2 China J-10 fighter plane in HK airspace but proclaimed publicly that it was flying in international airspace.  What a joke!  Everyone has radar now and either side can show its location on radar for the world to see.

It's getting harder to trust USA nowadays.

How to determine a baby gender without using ultrasound?

There is an ancient Chinese numerical methodology to calculate a baby gender and it is extremely accurate in the gender prediction but it's not 100% correct.  If you calculate the number to be even but the baby is a boy instead, it means the boy has a female personality. Likewise for the odd number but it turns out to be a baby girl, it means the baby girl has a boy personality.

Add the mother's birth giving age first and then the baby's birth month.  If the number sum is odd, it is a boy.  If the number sum is even, it is a girl.

Example:
Mother birth giving age : 24
Baby's birth month : May
Mother = 2 + 4 = 6
Baby = May = 5
Sum = 6 + 5 = 11, 1 + 1 = 2
Final output is 2 which is even, so the baby is a girl.

Mother birth giving age : 31
Baby's birth month : March
Mother = 3 + 1 = 4
Baby = march = 3
Sum = 4 + 3 = 7
FInal output is 7 which is odd, so the baby is boy.

When an obstetrician is able to tell you your baby birth month, you can predict its gender.  Try it and have fun!

Baltic dry index - 912

Today, Friday, May 26 2017, the Baltic Dry Index decreased by 6 points, reaching 912 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

========================

Related stocks: Sembcorp Marine, Cosco & Pan Ocean.

US rig count - 908

The number of rigs exploring for oil and natural gas in the U.S. rose by seven this week to 908.

A year ago, 404 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 722 rigs sought oil and 185 explored for natural gas this week. One was listed as miscellaneous.

Colorado added five rigs while Alaska, New Mexico, North Dakota and Oklahoma each gained one.

Texas lost one rig.

Arkansas, California, Kansas, Louisiana, Ohio, Pennsylvania, Utah, West Virginia and Wyoming were all unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out last May at 404.

============================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Singapore government doesn't understand SG-China relationship.

http://www.channelnewsasia.com/news/singapore/don-t-be-rattled-by-tactics-to-exaggerate-news-on-singapore-8887510

This is precisely why SG was taken aback when HK detained our tanks.  SG government didn't even think that HK would do that after making so many anti-China remarks.  Do you really think that China will take it lightly that we conduct military exercise in South China Sea which is at the doorstep of China?  C'mon, Singapore! Please wake up!

Travel alert to UK issued by Russia.

https://sg.news.yahoo.com/russians-warned-against-visiting-uk-over-terror-threat-082953875.html

Visit UK at your own risk!

China's total debt VS USA's total debt. Don't be fooled by the western media.

The western media like to spread fears about China's debt problem and they do this by quoting China's total debt in their analyses.  The western media had been predicting the China collapse for a few years already but China grew stronger economically instead.

Total debt = National debt + Corporation debt.

China's total debt = USD$4.3T (national debt) + USD$25.6T (corporate debt) = USD$30T
China GDP = USD$11T
Total debt to GDP = 270%
Foreign reserve = USD$3T

https://en.wikipedia.org/wiki/National_debt_of_China

USA's total debt = USD$19.85 (national debt) + USD$29T (corporate debt) = USD$49T
USA GDP = USD$18T
Total debt to GDP = 270%
Foreign reserve = USD$116B

However, McKinsey estimated that USA total debt to GDP ratio was at 331%.

https://socioecohistory.wordpress.com/2016/01/29/the-29-trillion-corporate-debt-hangover-that-could-spark-a-recession/

https://en.wikipedia.org/wiki/List_of_countries_by_foreign-exchange_reserves

https://www.bloomberg.com/graphics/2016-china-debt/

The western media like to focus on China's total debt vs USA's national debt when making a comparison between these 2 countries.  The actual fact is both countries have similar total debt to GDP ratio.  However, most China total debt is locally funded whilst USA total debt is foreign funded.  This will make a big difference during any financial crisis as foreign investors will force you for repayments compared to local investors.  Furthermore, China has USD$3T in reserves compared to USD$116B in USA and China's economy is growing at twice of USA's.  Therefore, China's economy will be bigger than USA's in the future.

http://sg-stock.blogspot.sg/search?q=china+economy+will+be+bigger+than+usa

Singapore stock calls for 26 May 2017

USA doesn't have any qualms at all for killing civilians in middle east.

https://sg.news.yahoo.com/over-100-civilians-killed-mosul-blast-march-u-161116613.html

https://sg.news.yahoo.com/us-led-strikes-kill-35-civilians-east-syria-002816114.html

However, USA is quick to pinpoint on others for killing civilians especially Russia in middle east.  In the future, Russia can just copy the justifications given by USA when it kills civilians accidentally in any strikes.

How will the reduction in FED 4.5T affect the real economy?

US Fed has USD$4.5T of balance sheet which composes of $2.46T of bonds and $1.77T of mortgage-backed securities (MBS).

As the MBS are mostly longer dated derivatives of at least 10 years, FED won't unwind these MBS in the short run.  Therefore, FED will just let the shorter dated bonds expire and won't reinvest the proceeds into the bond market.  About 50% of the bonds will expire within the next 5 years which amount to USD$1.2T and this means the money market will have a capital outflow of $1.2T.  Furthermore, USA will hike interest rates for the next few years as stated by FED which is tantamount to price hikes in the real economy.  The higher interest rates will cause USD to appreciate so that the purchasing power won't be eroded.  In other words, inflation can be contained in this way.

To surmise, the reduction in money supply and interest rate increments will cause USD to appreciate in the next few years.

OMG! Anti-Singapore propaganda is being broadcasted on China media.

No wonder PM Lee was not invited to the one-belt-one-road summit.  It is useless for 100% of Singapore (5.3m people) to be anti-China because just 10% of China (140m people) hatred of Singapore will drown us already.

http://timesofindia.indiatimes.com/business/india-business/india-singapore-kick-off-major-naval-exercise-in-south-china-sea/articleshow/58736322.cms

Our government is stupid to conduct a military exercise with India in South China Sea.  Can you imagine China conducting a military exercise just at our doorstep? We are really asking for trouble!

Singapore stock calls for 25 May 2017

Huat ah! Singapore GDP is growing so well!

https://sg.finance.yahoo.com/news/singapore-posts-smaller-gdp-contraction-000011173.html

Look like this year will be a year of promotions and salary increments for Singaporeans.  Well done, Singapore!

China will definitely retaliate against this US incursion. Let's see!

https://sg.news.yahoo.com/us-says-navy-ship-sails-near-south-china-044856326.html

Pacific Commander Harris is really stirring troubles in South China Sea.  He deserves to be punished for heightening tension in South China Sea.

Moody's downgraded China credit rating for its own interest.

Basically, Moody's wanted to impede the success of China-HK bond trading link as it didn't participate in the US$9.5T China bond market.  Moody's downgrade of China maybe for a political reason too.

http://www.cnbc.com/2017/05/17/china-hong-kong-bond-trading-scheme-approved-by-regulators.html

There is no convincing reason to downgrade China credit rating while USA maintains AAA rating.

http://www.reuters.com/article/us-usa-ratings-moody-s-idUSKCN0S11AM20151007

USA has a national debt of USD$19.85T without many foreign reserves.

http://www.usgovernmentdebt.us/

China has a national debt of USD$4.3T and USD$3T foreign reserves.

https://en.wikipedia.org/wiki/National_debt_of_China

USA debt-to-GDP is 106%.

http://marketrealist.com/2017/03/how-big-is-the-us-debt-compared-to-other-nations/

China debt-to-GDP is 41%.

https://en.wikipedia.org/wiki/National_debt_of_China

It looks like only the USA can take on debts but other countries cannot because USA is the only resilient country in the world.  Therefore, other countries will collapse if they take on debts because they're not resilient.

Does this make any sense at all?

I hate it when credit rating companies give biased ratings.  US credit rating agencies tend to give better ratings for USA companies.  Just look at Lehman Brothers credit rating given by Moody's before the big collapse.

http://www.huffingtonpost.com/2009/09/30/credit-rating-agency-anal_n_305587.html

The truth is out. USA really tried to assassinate North Korea Kim.

http://www.express.co.uk/news/world/807256/North-Korea-Kim-Jong-Un-CIA-South-Korea-assassinate-kill-Nuclear-weapons?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+daily-express-world-news+%28Express+%3A%3A+World+Feed%29

North Korea Kim released evidences about USA & South Korea trying to assassinate him and how NK uncovered the plot.

USA is a great liar and has been fabricating false intelligence for its own interest.

http://sg-stock.blogspot.sg/2017/05/north-korea-kim-accused-cia-of-trying.html

What's the motive for Manchester bombing?

http://www.telegraph.co.uk/news/2017/05/24/manchester-arena-terror-attack-salman-abedi-ariana-grande-victims/

The ulterior motive is to disrupt the June election in UK and it is definitely a terrorist attack.  UK has to establish who was behind the bombing.  Although ISIS has claimed credit for the attack, the terrorist is believed to be from Al Qaeda cell.

Singapore stock calls for 24 May 2017

Local brokerage houses have imposed trading restriction on Noble.

This will definitely cause liquidity to dry up and noble will continue on its downward trajectory in the future.

If you look at historical records, any stock will fall after the trading restrictions are imposed by the local brokerage houses.

PLA General: We must strike back at Singapore!

http://www.theindependent.sg/pla-general-we-must-strike-back-at-singapore/

We knew that anti-Singapore sentiment had taken root in China already in our previous articles.

http://sg-stock.blogspot.sg/2016/10/death-knell-is-bellowing-for-singapore.html

http://sg-stock.blogspot.sg/2016/11/china-gave-singapore-stern-warning-again.html

http://sg-stock.blogspot.sg/2016/11/singapore-image-in-china-is-so-rotten.html

However, to have a China general to speak out so openly is not a simple issue as he must have the blessing of China government.

We need to recognise that China no longer trusts Singapore and we must not do more to antagonize China or we'll suffer a major backlash because USA won't give SG any economic boost when SG-China trading starts to decline.

Energy revolution is coming by 2030.

http://www.globaltimes.cn/content/1047725.shtml

China will start commercial mining of methane hydrates in South China Sea and the gas reserves may last up to 1000 years.  Extraction cost is estimated to be only USD$0.087 per cubic metre because no refinery is needed.  The crude oil industry will lose a BIG customer soon.

China government destroyed CIA spying operations in China.

https://www.nytimes.com/2017/05/20/world/asia/china-cia-spies-espionage.html

I must say that China is very good in anti-spy operation because it manages to thwart illegal and covert spying operations in China.

Therefore, USA cannot accuse China of spying when it also spies on China.

Singapore stock calls for 23 May 2017

South Korea has been at the losing end because of THAAD.

https://sg.news.yahoo.com/korea-tourist-numbers-hammered-china-boycott-043412578--finance.html

China and Japanese tourists have cut back their travelling plans to South Korea.

This shows that THAAD is not good for economic growth.  Let's see whether SK will change its mind on THAAD.

Noble is in serious financial trouble - Part 2

http://www.cnbc.com/2017/05/22/noble-shares-plunge-amid-a-double-whammy-of-bad-news.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104485795&yptr=yahoo

Investors who read our postings on Noble would have cashed out or stayed away and wouldn't have their monies trapped in Noble.

The trading halt has prevented Noble from falling further but without a white knight plus the great difficulty of raising funds because of its negative cash flow, the future for Noble is in the abyss.

Sinochem must have seen Noble's cashflow statement especially the negative cash flow and also understood the weak commodities industry to have walked away from the investment.

http://sg-stock.blogspot.sg/2017/05/noble-is-in-serious-financial-trouble.html

AIIB progression has been great and it's harder to join AIIB now.

http://en.people.cn/n3/2017/0522/c90000-9218670.html

AIIB has many projects to invest in especially the one-belt-one-road initiatives.  AIIB will start to be profitable soon because many of the projects are government or state ruled with low bankruptcy probability.  It's harder to join AIIB now because many existing members don't want their shares to be diluted.  Not many countries are willing to give up their shares in AIIB and late comers will have little say in AIIB.

Singapore stock calls for 22 May 2017

Fearmongering by western media

https://sg.news.yahoo.com/beijings-weapon-economic-war-chinese-tourists-031202899--finance.html

Every powerful country does it but USA does it more and more severely.

TPP is one good example for USA to wield considerable economic power over other countries and to contain China.

https://www8.gsb.columbia.edu/faculty/jstiglitz/sites/jstiglitz/files/2015%20TPP%20Malaysia.pdf

http://foreignpolicy.com/2015/07/07/9-ways-the-tpp-is-bad-for-developing-countries/

Quote:

That’s because the TPP would create investor­state dispute settlement (ISDS) mechanisms that would allow foreigners to sue the government when they think a regulation will harm their profits. The arbitration would be private and binding, even if the outcome contradicts domestic laws. And the company could be compensated for the loss of its expected profits, not just for its past investments, even if its profits are generated by selling products that kill people and if there is no discrimination involved in the regulation.

End Quote.

This investor-state dispute settlement mechanism was enforced by USA government onto other countries in the TPP agreement.

So tell me now! Which country doesn't use its economic and military prowess on other countries?  If all the super power countries do it, why is there a need to single out China in the western media?

EU rejected TTIP (Europe TPP) because of unreasonable clauses imposed by USA too.

USA is really good at spinning stories.

https://sg.news.yahoo.com/exclusive-north-koreas-unit-180-cyber-warfare-cell-030700681.html

USA has claimed that wannacry ransomware is executed by NK which operates from a China base so that it won't be traced back to NK.  USA has been accusing China for a long time already but this time has shifted the blame to NK.

China can shift the blame to NK for future hackings now because USA has officially declared that NK operates in China.  This is definitely a good excuse for China.

China commercial satellite technology.

Just look at the capability of China 1st commercial satellite, Jilin 1.

These images were from US Nellis Airforce Base in Southern Nevada.

China military satellite technology is better than its commercial satellite technology.  What we can see from the military satellite will be even more amazing!  USA will definitely be nervous to see such images from a commercial satellite.

North Korea fired 2 missiles within a week.

http://www.reuters.com/article/us-northkorea-missiles-idUSKBN18H0A6

North Korea was so defiant and fired 2 missiles within a week because it knew USA wouldn't go all out to wage war against NK.  NK is taking advantage of USA weakness now.

As long as China & Russia don't cooperate together to rein in NK, NK will continue to be defiant.  When NK loses supports from these 2 countries,  NK will be totally isolated and will cower in fear.  This fat Kim must be punished for being so stubborn, ungrateful and defiant.

USA is unwilling to risk everything for South Korea.

http://en.people.cn/n3/2017/0520/c90000-9218270.html

US defence secretary has stated clearly that military option is not advisable and is seeking a diplomatic solution.  There might be another reason for this decision and it could be that Trump couldn't control its naval forces.

http://sg-stock.blogspot.sg/2017/05/president-trump-is-losing-control-of.html

President Trump is losing control of its naval forces.

US Pacific commander Harry Harris had the audacity to visit East China without President Trump's blessing meant that commander Harry was trying to sow discord between US & China and Trump was losing control of the naval forces.  Commander Harry didn't go to North Korea as instructed by Trump previously which embarrassed Trump.  Trump also rejected Commander Harry's requests to sail to Scarborough Shoal for 3 times because Trump wanted to maintain a good relationship with China.  All these incidents meant that Trump and the naval commander couldn't get along well.

https://www.nytimes.com/2017/05/02/world/asia/navy-south-china-sea.html

http://www.reuters.com/article/us-usa-japan-china-idUSKCN18D2NL

China retaliated US incursion by sending 4 China Coast Guard ships to navigate within 12NM of Diaoyu islands.

http://thediplomat.com/2017/05/east-china-sea-4-china-coast-guard-vessels-enter-territorial-sea-near-disputed-islands/

Look like South China Sea tension is slowly rising again with USA provocation.  USA is always the troublemaker.

China has achieved a new breakthrough in mining methane hydrates.

http://www.bbc.com/news/world-asia-china-39971667

Methane hydrates may be the new form of energy because it's 10x more than shale oil and it's highly flammable.  There is also no complex refinery needed for it to be used as a fuel.

China also has no problem extracting methane hydrates in the sea because it has blue whale rig.

http://www.scmp.com/news/china/society/article/2076179/china-launches-worlds-largest-oil-exploration-sea-platform

Baltic dry index - 957

Today, Thursday, May 18 2017, the Baltic Dry Index decreased by 3 points, reaching 957 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

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Related stocks: Sembcorp Marine, Cosco & Pan Ocean.