GOLD 0.51% $1,391.7 gold futures

gold, page-94447

  1. 10,686 Posts.
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    'The Baltic Dry Index is on a tear, and that means good news for the world economy, not for 'stackers''

    Why are increased freight rates necessarily good news for the world economy ? What about the drivers of the freight increases in the current environment ? Supply side and supply chain constraints perhaps ?

    The index is a lousy predictor of commodity prices and what is the correlation with the gold price ?

    http://materials-risk.com/baltic-dry-index-lousy-predictor-commodity-prices/

    As usual someone doesn't let facts get in the way of a ill informed and considered headline and post.
 
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