BMI (Baltic Dry Index) surged 30% higher

September 8, 2011 11:30 am 0 comments Views: 22

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BDI (Baltic Dry Index) surged 30% higher . This might for some prove to be an indicator of a possible turnaround as it shows exports are in the works. Problem is most analysis and statistics are flawed in my humble opinion because they are measured on the USD that has been in free fall since 1999 relative to silver or gold. While printing more $ we are in essence shifting scale but a better measure from silver or gold value for international trade would be more representative.

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