from The Web of Deception, Rory Hall and Dave Kranzler
In todays episode we revisit the Baltic Dry Index (BDI) for the simple reason that it has hit an all time low. Last week the BDI was in free fall and now it has dropped off a cliff. This combined with the falling oil prices – which have not bottomed yet – are one of the truest signs of global economic activity coming to a grinding halt. If people are not shipping goods, then shelves must be full of product. If shelves are full then product is not moving.
We take a look at the latest news out of Greece and the EU. An “ultimatum” was delivered to Varoufakis, to which he replied “There is no plan B…”. The question that I keep asking is – what does Varoufakis have as a wild card? We all know about Russia offering help, but what else does he have in his back pocket? Maybe silver backing the Drachma as Hugo Salinas Price suggested back in 2012! What other possibilities could Varoufakis have waiting in the wings?!
Dave seems to think that Greece and the EU are going to come to terms. Obviously, we disagree. Dave seems to think all this is just a show and the two parties are going to kiss and make-up. While at the same time, Dave admits that Greece leaving the EU would be the best thing for Greece. We do agree that Greece leaving the EU would be best for the Greek people!
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Contributed by Rory Hall of The Daily Coin.
As a daily contributor at SGTReport.com. for the past two years I have written a several original articles and interviewed some of the top precious metals professionals in the industry, as well as top preparedness specialists in the world. YouTube Channel, The Daily Coin, was launched in February 2014 and website TheDailyCoin.org was launched April 25, 2014. As a student of monetary, financial and economic history for the past five years it has taught me to watch the markets with an open mind and a hand on my wallet.
Also, built and maintained Rory’s Glass (Eyes of the Heart Glassworks) – now closed to the public.