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Buxton ND | I had a good friend call me Tuesday morning on this subject. He questioned me about ocean shipping, BDIX is 369 today down from 1200 in August and 452 to start the years. Being in the ocean shipping business is worse then feeding cattle. And talked about these,
Cement
Iron Ore
Raw Steel
Copper
All these prices have crashed, there pretty much the building blocks of this world, it does make one wonder.
Then locally on everyone's farm, scrape iron, CHINA'S been a big driving factor*** when scrape prices crashed this summer, matching really with China's stock market crash.
Its very easy comparing time lines of money flow from this summer to the subjects above AND CHINA. | |
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Oil
