Iron ore shipments are through the roof. The shippers will begin to mint money if this trend continues. One thing is for certain, this trade isn’t dead.
Disclosure: I am long EGLE and BALT.
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What war?
The war that is going to occur soon.
Carlin was ahead of his time. http://www.youtube.com/watch?v=fgAVpPNusTs
US vs. New Zealand in the America’s Cup.
After a 2-point penalty and steady sailing by the Kiwis put the US boat down 8 points to 1 in a 9-point game, the Yanks came back to tie it up a 8 points each.
If weather allows, the final race for the cup will be tomorrow at 1:15 Pacific time.
For some more data on the BDI this link compares it to commodities, rates and indexes.
http://investmenttools.com/futures/bdi_baltic_dry_index.htm
Sir Fly, I’m a long time follower and enjoy your blog very much.
What do you think about EXK and AG right now?
How about Steel companies, and Iron Ore miners? Does this mean the western economies are going to heat up?
MAKO big time score…yoww,,hope ya guys had it
SSNI load the boat
ssni…on the move