Tuesday, August 9, 2016
Saturday, August 6, 2016
Baltic Dry index - 636
Today, Friday, August 05 2016, the Baltic Dry Index showed no change, remaining at 636 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.
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.
US rig count - 464
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by one this week to 464.
A year ago, 884 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 381 rigs sought oil and 81 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained three rigs, New Mexico two and North Dakota and Oklahoma one apiece.
Louisiana declined by four while California, Colorado and West Virginia fell by one each.
Alaska, Arkansas, Kansas, Ohio, Pennsylvania, Utah and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
Friday, August 5, 2016
Economic crisis is developing in South Korea.
An economic crisis is developing in South Korea because of the establishment of THAAD system.
China has started to whip South Korea for being a bad neighbour because it is threatening China's national security with THAAD.
China starts with anti-dumping tariff for steel imports from South Korean and has moved on to ban Korean TV contents and talents. South Korea's economy is heavily dependent on 10 conglomerates such as Samsung, LG, Hyundai, etc. Therefore, China will start to attack these 10 conglomerates so that South Korea will back down on THAAD.
China has started to aim its missiles at THAAD site in South Korea for self-preservation purpose. Is THAAD really a safety measure for South Korea or THAAD a danger?
THAAD is used for protection against high altitude missiles but North Korea has mostly low altitude missiles and low flying rockets. THAAD cannot be used for those low flying missiles and rockets such as scuds. Therefore, only patriot missiles can protect South Korean against low flying missiles, rockets and artillaries.
It is estimated that North Korea has more than 10,000 mobile rocket launchers and these will be used to attack South Korea during the war. Therefore, South Korea's main threat is these 10,000 mobile rocket launchers which the THAAD system cannot detect and destroy. Many analysts know this and know that the true purpose of THAAD is to suppress China & Russia's ICBMs.
Thursday, August 4, 2016
Wednesday, August 3, 2016
Tuesday, August 2, 2016
Monday, August 1, 2016
Saturday, July 30, 2016
Baltic Dry Index - 656
Today, Friday, July 29 2016, the Baltic Dry Index decreased by 9 points, reaching 656 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.
US rig count - 463
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by one this week to 463.
A year ago, 874 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 374 rigs sought oil and 86 explored for natural gas this week. Three were listed as miscellaneous.
Among major oil- and gas-producing states, Louisiana and New Mexico each gained two, while Colorado, Ohio, Oklahoma and Pennsylvania were up one apiece.
Texas declined by three, Alaska and West Virginia by two each and Utah by one.
Arkansas, California, Kansas, North Dakota and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
Friday, July 29, 2016
US presidency election is rigged and Hillary Clinton is just as corrupt as anyone else.
Wikileaks has published some audio clips that prove Mrs Clintion is as corrupt as anyone else and this may cause her to lose her presidency. The next wikileaks may destroy her completely. This whole election is rigged.
Thursday, July 28, 2016
Wednesday, July 27, 2016
USA is backing off in South China Sea.
USA is backing off in South China Sea after China releases ballistic missiles defence system test.
USA knows it cannot defeat China with its military prowess in South China Sea after China releases ballistic missiles defence system test.
Tuesday, July 26, 2016
Monday, July 25, 2016
Saturday, July 23, 2016
Baltic Dry Index - 718
Today, Friday, July 22 2016, the Baltic Dry Index decreased by 8 points, reaching 718 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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