Charts of the Day: Gold, and Baltic Dry Index [View article]
one reason the baltic dry goods has plummeted is due to the credit squeeze . Credit notes from one bank to another have been turned down so the shippers are unable to load and send their ships. Gold has been kept down due to the anticipated and actual selling by banks from there stores as they raise cash to cover this ongoing credit situation.
How Will Markets React to Stimulus Plan? [View article]
Charts of the Day: Gold, and Baltic Dry Index [View article]
Credit notes from one bank to another have been turned down so the shippers are unable to load and send their ships.
Gold has been kept down due to the anticipated and actual selling by banks from there stores as they raise cash to cover this ongoing credit situation.