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Friday, August 19, 2016

Singapore stock calls for 19 August 2016


China warns Singapore not to interfere in South China Sea.

China has warned Singapore not to interfere in South China Sea after PM Lee's remarks in USA. SG better listens or China will whip SG's economy. SG has been a USA supporter without much economic benefit. Latest economic statistics showed that sales to USA slid 19% and sales to China slid 17%.

http://www.scmp.com/news/china/diplomacy-defence/article/2004638/china-urges-singapore-not-interfere-south-china-sea

http://www.theedgemarkets.com.sg/node/292941

Saturday, August 13, 2016

Baltic Dry Index - 671

Today, Friday, August 12 2016, the Baltic Dry Index climbed by 18 points, reaching 671 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 - 481

HOUSTON — 
The number of rigs exploring for oil and natural gas in the U.S. increased by 17 this week to 481.
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 396 rigs sought oil and 83 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained 13 rigs and Colorado, New Mexico, North Dakota, Ohio and Utah were up one each.
California declined by one.
Alaska, Arkansas, Kansas, Louisiana, Oklahoma, Pennsylvania, West Virginia and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

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.

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

Singapore stock calls for 5 August 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.