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greasemonkeyshoes

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greasemonkeyshoes

Re: None

Monday, 01/30/2012 3:57:51 PM

Monday, January 30, 2012 3:57:51 PM

Post# of 7895
"..The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell again on Thursday(1/26/2012) as the fall in iron ore spot trade continued to depress rates,..cost of shipping commodities including iron ore, coal and grain, fell 31 points or 3.95 percent to 753 points and was at its lowest since Jan. 6, 2009. It has now HALVED since the start of the year."

http://www.blackseagrain.net/photo/baltic-index-falls-to-753-points

A replay of 2008 at work???? 66% chance.

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