Thursday, January 26, 2012

Baltic Dry Index Plunge Continues- Breaks 800


The Baltic Dry Index continued its free-fall descent today, taking out 800, down another 3% to 784.


BALTIC DRY INDEX

784.00 23.00 -2.85%




And the BDI vs. Gold, as of early 1/25, which after tracking since April 2011, has suddenly completely diverged.
Baltic Exchange Dry Index (BDI)
& Gold (gold)