Old and still drinking water and eating dry white toast.
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Baltic Supramax Index (DEC 6) 1555 UP +21
Baltic Supramax Index
Company chairman Huang, deputy general manager Chen, Song, Anshan Branch are Party B to the CLAD operating-agreement whereas Chin Yung Kong is Party A
CLAD operating-agreement
Typo yes, attached is what appears to be the website from my DD:
CLAD website
I've been reading Arch Coal overview of the coal industry, it's all about supply and demand, when natural gas increases power plant switch over to coal to maximize profit.
Have you seen the website for $CLAN?
Baltic Supramax Index (DEC 5) 1531 UP +9
Baltic Supramax Index
Historical Trends
BDI is breaking out to new highs...good news for the shippers.
FREE has no good news until the shipping industry recovers from the over-building of the last few years, 2014 and 2015 should be the years that the shippers recovers.
what's your coal play?
Baltic Supramax Index (DEC 4) 1522 UP +15
Baltic Supramax Index
Baltic Supramax Index (DEC 3) 1507 UP +19
Baltic Supramax Index
Some day when the markets return to normal, I'll buy treasury notes and bank CD's for preservation of capital.
These are not normal times everything is smoke and mirrors with all of this QE from the Fed's.
I received a check today that allows a cash advance on my credit card for only 2 percent fee and no interest for the first year, that's only $400 for a $20,000 dollar one year loan.
I can margin up and buy $40,000 dollars worth of stocks....
Happy days are here again....Happy days are here again....
Baltic Supramax Index (DEC 2) 1488 UP +13
Baltic Supramax Index
You need both the taxfree income and peace of mind that you do not loose your principle.
Only two ships floating and earning money
Baltic Supramax Index (NOV 29) 1475 UP +17
Baltic Dry Index (NOV 29) 1821 UP +102
Baltic Supramax Index
I try to protect my retirement money from myself, this trading account is my 70 year old retirement money and houses our roth accounts and other defer 401k accounts. I have three other accounts that are feeder retirement accounts that are from company matching and yearend bonuses.
I may look into the prefer's after the first of the year for the income. I'll talk to my investment advisor for his recommendations.
Santa must be shipping his gifts on your ships this year...
Baltic Supramax Index (NOV 28)1458 UP +17
Baltic Supramax Index
Baltic Supramax Index (NOV 27)1441 UP + 23
Baltic Supramax Index
And recession's comes from war's ending...central bank's came from the Roth's who played both side of the game.
FREE still needs to get the creditors to release the two ships, I would expect more FREE shares to be issued for the lien release.
Do not expect any FREE lunches from FREE.
FREE 0.324 UP 6.07% (Nice Flip for the day)
GRAINS-Wheat, soybeans resume rallies on export prospects
Chicago wheat and soybeans rose on Wednesday, resuming rallies that have been buoyed by strong export prospects.
Corn edged higher on bargain buying after a sharp drop in the previous session.
A major new wheat purchase tender from Egypt, the world's top importer, underlined robust global demand at a time of low U.S. prices.
"We've obviously found a value area for what the world is willing to pay for wheat," said J. Mark Kinoff, president of Ceres Hedge in Chicago.
Part of U.S. wheat's competitiveness in world markets is linked to recent weakness in the dollar, Kinoff said. The greenback was up slightly on Wednesday.
Chicago Board Of Trade front-month December wheat rose 0.3 percent or 1-3/4 cents to $6.48-1/4 a bushel at 9:18 a.m. CST (1517 GMT), on course for its fourth gain in five sessions after falling on Tuesday.
Egypt's main wheat-buying agency GASC set a tender on Tuesday to buy an unspecified amount of wheat from global suppliers.
"The market believes that U.S. soft red winter wheat will be the lowest offer in the Egyptian tender today in (free on board) terms," one German trader said. "But French and Romanian wheat will still have an advantage from lower ocean shipping costs."
Major Australian wheat customer Indonesia said it is looking elsewhere for food imports because of a diplomatic rift with Australia over phone bugging accusations.
Harvest problems in rival exporters Australia and Argentina have also brightened U.S. export prospects, said Commerzbank analyst Michaela Kuhl.
Kinoff said fund buying looked to further support both wheat and soybeans.
January soybeans gained 0.7 percent or 9-1/4 cents to $13.38-1/2 a bushel, touching $13.41, their highest level since Sept. 19.
The soybean market, heading toward its fourth gain in five sessions, has been supported by strong demand from China, the world's biggest importer.
U.S. exporters reported the sale of 235,000 tonnes of U.S. soybeans to unknown destinations, the U.S. Department of Agriculture said on Wednesday, marking the fourth straight business day that it has reported large individual U.S. soybean sales.
December corn added 0.1 percent or 1/4 cent to $4.18-3/4 per bushel, after sliding 1.5 percent on Tuesday.
Traders were making final adjustments to their positions before U.S. markets close for the Thanksgiving holiday on Thursday.
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Europe banks have to recover before the FED's and the Global Central Banks remove the punch bowl...everytime the FED speaks about removing the bowl the market dives, this tell me that major players are over-leverage in the market....I've been burned too times in the past this time is no different.
I do not have to play in a market that is gamed to steal my hard earned money.The world has to eat and food has to ship around the world...
I'm waiting for the market correction....after the FED's removes the punch bowl.
Jester Vandalay Hedge Fund
CA Real Estate (FREE&CLEAR) Gain - 10 percent; $30K/year
WA Real Estate (FREE&CLEAR) Gain - 10 percent; $10K/year
CA Real Estate Income: $12K/year
WA Real Estate Non-Rental Saving: $12K/year
Net Saving ---- Living FREE and Enjoying Life (Priceless)
Retirement Saving - 30 percent of Salary
The wife and I are not big spenders, we wait for the sales and bargains. We shop at FREE and EASY waiting for the FOOD to be discounted 75 percent then load the freezer. I bought two Potato Gratin side dishes for $1.00 discounted from $3.99 after the 2 for $6.00 special and the $2.00 credit we both ate FREE.
I always look for the gift's in life, save for the future and enjoy every day that I can spend with the wife....
Drinking FREE coffee and eating dry white toast
P.S. The last time the wife flew to Chile she only paid $60 dollars with the FREE miles.
Why Soybeans Are Two Different Animals
Determining what to do with soybeans can be tricky business, experts tell the U.S. Farm Report Market Roundtable. On the one hand, there is great opportunity. On the other hand, the prospect of a big 2014 crop means the price outlook might be very different in a year.
"Beans are kind of two animals, the way I look at it," says Brian Roach, Roach Ag. Marketing, Ltd. "When you look at the old crop, I think there’s going to be plenty of opportunities to sell beans at levels that farmers enjoy. We’re coming up here on another window to sell $13 cash beans out of the bin, and I think that’s a pretty simple one to look at. The trickier one here is the new crop and what’s going to happen with South America."
First, there continue to be infrastructure challenges limiting South America’s ability to ship the crop to buyers such as China. The situation hasn’t improved much. Second, it has an impressive capacity for soybean production year after year.
"We have a big crop coming, their summer growing season is really January, February. How does that really look?" Roach says. "Because if you look at last year for comparisons, once that crop down there was made and we were comfortable that the numbers were going to be no surprises, beans dropped $1.50 from February into April and then rallied on U.S. weather that was problematic later on in the year. The tricky part here is to get beans sold at levels that farmers can make money and not miss that window."
What makes that an even greater challenge is the possibility of an unprecedented U.S. soybean crop.
"There are indications that we’re going to plant a record amount of beans here in the U.S. next spring," says Brian Basting, Advance Trading, Inc. "I’m not sure I’m quite in the camp of some of the other estimates that are as high as they are, but I think there is going to be some switch from corn into beans next spring, and I do think we’re going to plant a record amount of bean acreage next spring. You pile that on top of what could be the largest bean crop ever in South America, and a year from now we could be looking at significantly lower bean prices."
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U.S. Farm Report
U.S. Farm Report
U.S. Farm Report airs weekly on Saturday, and is hosted by John Phipps. Tune in to watch USFR's marketing roundtable discussion, hear cowboy poetry from Baxter Black, and see unusual equipment in "Tractor Tales."
The 11/23/2013 talks about farmers storing and selling corn....nice overview on the market.
Corn price 'to return near to $5 a bushel', SocGen
The pullback in the corn market to three-year lows will prove a temporary setback, with futures "to return to nearly $5 a bushel" by the end of 2014, Societe Generale said, foreseeing corn prices far outperforming those of soybeans.
The bank, which was ahead of the curve in foreseeing the fall in corn futures from August 2012 highs, said that investors were now underestimating price potential, flagging the boost that lower values will give to consumption by the likes of ethanol plants and livestock feeders.
"While the market is focused on the sheer volume of the US harvest after a year of volatile production estimates, we contend that the true focus should be shifted to the demand side of the crop balances," SocGen analyst Christopher Narayanan said.
"Demand has been notable in the first quarter" of the 2013-14 marketing year, which began in September.
"US exports continue to outpace even the latest US Department of Agriculture revision.
"Further, we note that the drop in feed prices, and continued shortage of cattle, has encouraged higher poultry egg sets and higher pork production given gains in margins on consumers shifting to cheaper meats and lower input costs."
Soybeans vs corn
As an extra boost, South American output of corn looked likely to be constrained by the relatively low price of corn compared with soybeans, an alternative crop for the current planting window, and indeed the default choice for growers in Argentina and Brazil.
In Brazil, "with soybeans clearly in favour over corn in terms of returns per acre, we expect to see an increase in soybean plantings at the expense of main-crop corn," Mr Narayanan said.
Sowings of so-called second crop, or safrinha, corn planted early in the calendar year, after the main crop harvest, look set to decline, in favour - unusually - of soybeans instead.
"Anecdotal reports suggest nearly 1m hectares could be planted for a safrinha soybean crop."
This prospect of a drop in South American corn production "provides an additional leg of support to corn prices as the marketing year progresses".
'Return to nearly $5 a bushel'
Although the bank downgraded by up to $0.90 a bushel its forecasts for corn prices, its estimates remained above those investors have factored in, particularly for the last quarter of 2014, for which the bank forecast an average price of the spot Chicago futures contract of $4.82 a bushel.
"We remain above the forward curve, with a return to nearly $5 a bushel by next year."
Indeed, the bank restated a recommendation for investors to buy a long position in March corn futures, spread against a short in March soybeans, which it viewed as overvalued.
"We see continued strength for soybean prices in the near-term as current demand remains quite strong," Mr Narayanan said.
"However, the eventual influx of South American supplies and potential demand destruction if prices spike should pressure soybean prices in the mid-term."
'Strong message'
The bank's trading recommendation, which came in a quarterly commodities report, was echoed by Chicago broker RJ O'Brien, which urged investors to seek "opportunities to buy corn and sell soybeans by mid-December.
"We think that successive series of new highs in the soybean: corn ratio has succeeded in sending strong message to South American growers to shift land from corn to soybeans," Richard Feltes, RJ O'Brien vice-president, research, said."
A "slowing pace of US soybean export sales into New Year and the market becoming more confident about new crop South American soybean yields" should see soybean futures underperform those of corn.
However, the broker was "decidedly negative" on prospects for corn futures nonetheless, following the record US harvest.
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