John Faraclas
The Markets, Coronavirus et al: mind the …”gap”*…
Is there any inasmuch proviso to solve the perplexed Dry and Wet Markets or the Coronavirus – this unprecedented story engulfing everything all over Planet Ocean, or anything else the Business Hooligans of the Universe have planned long time ago? Despite the fact that we have gone some strange ups and downs in the Markets, the few, the very very very few are still there and even if they vanish, the state-owned ones will fill the gap and goods/cargoes will continue to reach their destination… Elimination of a few million humans through epidemic outbreaks – pandemics on an on and off basis, is an “old” happening… like wars… Discipline, coupled with top of the range projected risk assessment will save the day… Precautionary Panic in all issues above can solve these issues as taking precautionary action – say, for the Markets, or the coronavirus, is only sensible! John Faraclas’ brief recap before the week ends…:
Another ace for the BDI (Baltic Dry Index) now at 630 points, at least looks manna from heavens given the volatility of all dry indices…
The Capes’ BCI still in a minus state at -166 points having gained 38 points today is still the stumbling block… -293 (16/3), – 289 (17/3) – 204 yesterday with these 85 points plus remains a difficult issue..
The Panamaxes’ BPI lost 36 points and now reads 850. Another volatile week which will be remembered as, on Monday the BPI stood at 970, on Tuesday at 930 and yesterday at 886 with the 1,000 points vanishing and together the hopes of a recovery…
Supras and Handies struggle with ups and downs. The BSI was down seven points at 748 and the BHSI was up six points at 421. The week so far didn’t produced any double digit rise or fall… What a Market eh!!
All in all a Dry Market under a big question mark…
The Wets had a turbulent week so far… The BDTI (Dirties) and BCTI (Cleans) were not recorded today… BDTI: The high Monday of 1,518 points turned down to 1,516 on Tuesday, then lost 137 points yesterday reading 1,379 and let’s see tomorrow’s closing as everything is coupled with the price of WTI and the Coronavirus effect… The BCTI stood at 835 on Monday – up 19 points, then gained 15 points on Tuesday standing at 850 and gaining one point yesterday standing at 851.
The WTI losses were beyond the spectacular “euphemism”; last Friday the 13h of March the WTI stood at US$31.73, on Monday same was down to US$28.7; then on Tuesday dropped down to US$ 26.95, yesterday – hooray hooray flat out at US$ 20.37 and today gained just over US$ 5 standing at US$ 25.91. Bear in mind that a month ago the WTI stood at US$ 53.68 so the losses where over and above billions of dollars but on the flipside the gains for the 7.7 billion people on Planet Ocean well justified!!! The Saudis and Russians at loggerheads – let’s see the winner and at what cost… Expect a messy outcome…
The Recession for which we warned you and we wrote about, long before the “glitterati” media announced same, coupled with the US$ 257 (twohundredandfiftyseven) trillion debt on Planet Ocean and with the latest pandemic, the Coronavirus (COVID-19), will trigger despicable developments beyond the Aelous ox-skin bag of winds when same escape… Ah! AND then the Pandora Box of Revelations will open too. Take hide!!!! Personally: I love it!!! Indeed we have to be cynical, even in these difficult times, so the shit can hit the fan!!!
All of a sudden, all other issues “disappeared” from the news: MIGRANTS, nations disputes, “sanctions”, you name it. As we have also written, a long time ago, we are at war in a very different and unorthodox way…
Shipping is being hit and will end up severely, fatally wounded; it will reach a point of no return with respect to the ownership status mode… yet another prognosis of this medium…
With these few issues mentioned above we invite you all to be DISCIPLINED so we go through this set up, as, after all, what on …earth the Dean Koontz book “The Eyes of Darkness” is all about and in particular the mentioning on pages 312 and 333… What a scientific scam this is. My late father told me some years ago with respect to a neighbour’s behaviour, that he was dangerously educated… With this in mind, try to interpret what specialist scientists in microbiological warfare can produce and see your shares being wiped out in seconds…
Have a nice evening and remain on guard from actions emanating from Pirates, Terrorists, Criminals, Scientists and any Business Hooligans whatsoever wherever you are on Planet Ocean – that includes Coronavirus (COVID-19) and its makers…
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Opppps, wear your mask too
*Indeed mind the gap, the gap between now and the day vaccination will be available as well as the gap between now and what is going to happen on Planet Ocean in the meantime, not to say afterwards. Life WON’T be the same!! I hope I am wrong…
