Price Of Gold Only $60 From Hitting 5-Year High As Baltic Dry (Shipping) Index Collapses

Thursday, January 31, 2019
By Paul Martin
January 31, 2019

After the Fed decision not to raise raise rates near the end of the first month of trading in 2019, the price of gold is now only $60 from hitting a 5-year high as the Baltic Dry (Shipping) Index collapses.

Baltic Dry Index Has Collapsed
January 31 (King World News) – Here is a portion of today’s note from Jason Goepfert at SentimenTrader: The Baltic Dry Index, measuring shipping rates, has collapsed in recent months, suggesting a global economic slowdown. It has been an inconsistent predictor, especially for stocks. It was slightly better for the dollar and gold…

The Rest…HERE

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