John Faraclas
The BDI was up 53 points earlier on today and now stands at 1,503 points surpassing the crucial but also psychological threshold of 1,500. The Geopolitical turmoil coupled with the Trade War, Sanctions, Tariffs will soon become a catalyst and the shit will hit the fan… John Faraclas’ brief recap:
The Capes’ BCI with 42 points plus are recapitulating and hopefully the 2,000 point mark will be conquered subject the trade war easy’s down… Let the 1,910 points be the base…
The Panamaxes’ BPI did well too; 38 plus points brings this index up to 1,677 points. A much needed rise…
Supras lately are the talk of the town down the Square Mile and Akti Miouli… The BSI now stands at 1,194, up four!
Four points plus for the Handies’ BHSI now at 626!
All in all an upwards dry market but caution is still here to stay… The developments in the UN right now and beyond as well as the very perplexed Geopolitical situation and a technically bankrupt Planet Ocean due to the private and public debt in all nations is the catalyst for the current and forthcoming crisis without any break whatsoever. The private debt, the famously infamous NPL’s have shuttered the economy… It’s almost TEN years since the Lehman Brothers collapse… This side has foreseen the then coming crisis but the glitterati and the bankers made it now worse… The prediction of the 2008 collapse was prohibited in being published by the major media mediums…
The Wets were also on the plus; the last published BDTI (Dirties) and BCTI (Cleans) stood at 801 – plus one and 521 – plus five points respectively; good to see the 800 points being conquered by the Dirties!
The WTI stood at US$ 72.04… too bad… Let’s see who will jump one day from the cliffs of Dover…
The Geopolitical situation will produce the biggest mess the World has ever seen…:
The main issues remain and even get worse:
MIGRANTS, The Wars, Revolts and Revolutions from Gibraltar to Afghanistan and from the Caucuses and down to the Red Sea / Malacca, The Balkans / East Med messy situation with Turkey stirring up everybody ….
Did I hear you say BREXIT? Another saga to live with over the next years!! It will shake Planet Ocean to its foundations…
That’s all for tonight; continue to remain on guard from any actions emanating from Pirates, Terrorists and any Criminal whatsoever wherever you are on Planet Ocean!
