Eagle European Capital, LLC " A prudent person foresees danger and takes precautions." Prov 22:3 NLT
In this article, Tyler Durden reports that commerce between Europe and North America has halted with cargo ships anchored off-shore or in port. Virtually no cargo ships are in-transit meaning there is little to no delivery of goods. The Baltic Dry Index (BDI) is a shipping and trade index that measures the changes in the cost to transport raw materials such as grains, metals and fossil fuels by sea. Note that the ships delivering oil have not been affected and are operating normally.
More importantly, changes in the Baltic Dry Index give insight into global supply and demand trends. This index is often considered a leading indicator of future economic growth (index is rising) or contraction (index is falling) since the goods being shipped are raw, pre-production material. The Baltic Dry Index is at a record all-time low and is trending down.
Another indicator that Durden says makes a case for an economic problem is the ratio of inventory to sales in the US. The last time this ratio was this high was in 2008 during the “great recession.”
Many different indicators show a picture that the world’s economy appears in serious trouble. We have kicked the can down the road one too many times with massive money printing. If ships delivering grains and metals are not transporting these goods then at some point the shelves will be empty.
What can one do to prepare for an economic downturn and collapse? We at Eagle European Capital, LLC believe owning tangibles such as owning your home, agricultural land, stored food and precious metals is a good way to prepare. Owning gold and silver coins and bullion is a good way to avoid the counter-party risk and insolvency concerns of paper investments. Now is the time to purchase your precious metals while prices are manipulated low and product is readily available. Call 817-825-2036 for more information and check out our web site: www.EagleEuropeanCapital.com.
Read the entire eye-opening article by clicking link below:
Submitted by Tyler Durden to Zero-Hedge, Jan, 2016
"Nothing Is Moving," Baltic Dry Crashes As Insiders Warn "Commerce Has Come To A Halt"
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