Wednesday, January 27, 2016

Home Depot Shortages coming eye witness account - Baltic Dry Index down again - Michael McCune - Former IRS Auditor The State of World and US Economy.

 -I updated this info
I was in a Home Depot meeting today 1-26-16.  They were talking about how they will be stream lining product that will be coming in.   Also beyond that, they said that upper shelves will start to become empty.  They said that with quicker turn around on product coming in.  That they would not have to keep as much stock as normal.  Most took what was said and did not question anything. 

 I knew right then what was being said.  Understanding what our county was facing in economics among other things.  And talking to others, we all agreed that that shortages were coming.  We have talked about these things coming.  I now believe we could be facing this soon.   
>>
>> I knew right then what was being said.  Understanding what our county was facing in economics among other things.  And talking to others, we all agreed that that shortages were coming.  We have talked about these things coming.  I now believe we could be facing this soon. 



from a high of around 12,000

-9.00
-2.54%

Michael McCune - Former IRS Auditor The State of World and US Economy.

Former IRS Auditor Michael McCune - A notice to America awake up call
Contact Michael http://godsdestiny.org/destiny_christian_center3_011.htm
Or mccrant@gmail.com

GILLETTE, Wyo. (AP) — Burlington Northern Santa Fe Railroad officials say they are keeping about 150 locomotives and rail engines stored near Gillette because of decreased demand.
http://kgab.com/bnsf-idles-locomotives-in-wyoming/
Also a person who's Father who works at UP is storing locomotives in Grand Junction CO.
◾Union Pacific 4Q Profit Falls 22 Pct As Freight Volume Slows
http://worldeventsandthebible.com/2016/01/union-pacific-4q-profit-falls-22-pct-as-freight-volume-slows.html

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-- Lack of shipping world wide
http://www.marinetraffic.com/en/ais/home/centerx:-120/centery:44/zoom:7
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Baltic Dry Index Hits All-Time Low of 310; Rail Traffic Continues Decline

By on February 2, 2016    
image: https://www.trunews.com/wp-content/uploads/2015/10/r-6.jpeg
baltic dry index
News released Tuesday reveals that the Baltic Dry Index has reached a record low of 310.
The Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793.
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, slipped to another all-time low on Tuesday on worries about vessel oversupply and slowing global demand.
The index has yet to register a single session of gains this year, tumbling around 35 percent and touching fresh lows in 20 of the 22 sessions.
A slowdown in the Chinese economy, which grew at its slowest pace in a quarter of a century in 2015, and a huge over-capacity in vessels has hit the index hard.
The Baltic Dry Index is an economic indicator issued daily by the London-based Baltic Exchange. Not restricted to Baltic Sea countries, the index provides “an assessment of the price of moving the major raw materials by sea. Taking in 23 shipping routes measured on a timecharter basis, the index covers Handysize,Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain.
US RAIL TRAFFIC DECLINES
US rail industry monitor PowerSource outlines a continued decline in train traffic:
The nation’s rails have been carrying fewer loads recently, led by sharp declines in trains hauling coal, crude oil and other energy products, due to an unusually warm winter season and persistently low oil and gas prices.
Over the last year, shipments of coal and petroleum products on the U.S. freight railroad system are down 36 percent and 19 percent, respectively, according to traffic data collected by Association of American Railroads for the week ending Jan. 23.
Depressing traffic further, shipments of metallic ores and metals — which include coke for steelmaking and materials for pipelines — were down 16 percent from one year ago. Nonmetallic minerals, which include industrial sand used in natural gas drilling, were down 14 percent.
ANALYSIS
These two factors, shipping and rail decline, point toward a trend of decreased supply in retail inventory.  Recent store closings by larger retailers reveals plans for a shrinking market:
  • -Wal-Mart is closing 269 stores, including 154 inside the United States.
  • -K-Mart is closing down more than two dozen stores over the next several months.
  • -J.C. Penney will be permanently shutting down 47 more stores after closing a total of 40 stores in 2015.
  • -Macy’s has decided that it needs to shutter 36 stores and lay off approximately 2,500 employees.
  • -The Gap is in the process of closing 175 stores in North America.
  • -Aeropostale is in the process of closing 84 stores all across America.
  • -Finish Line has announced that 150 stores will be shutting down over the next few years.
  • -Sears has shut down about 600 stores over the past year or so, but sales at the stores that remain open continue to fall.
Will this mean shortages as we move through the Spring and Summer of 2016?

Read more at https://www.trunews.com/baltic-dry-index-hits-all-time-low-of-310-rail-traffic-continues-decline/#fEXPemMdr73AwWz2.99
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9 comments:

  1. I think you are being a little hysterical. It could have been no more than a move to cut down inventory for what is perceived as an appropriate move to secure cash flow. Excess inventory costs big time and anyone not knowing this could come to the same conclusion as you.

    ReplyDelete
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  3. The Baltic Dry Index drop is an ominous sign, there is no way around this. Things are going to spiral out of control. The next president will be a traitor or he will be killed and replaced with a traitor. Chaos will ensue, millions of people will die. We had better pray.

    ReplyDelete
  4. HI STEVE my i work for Home depot in calgary canada..thats happining here to exactly the same storey here.

    ReplyDelete
    Replies
    1. Thank you, Please keep me informed if you hear of anything else that comes up. Barry
      https://www.facebook.com/endtimetalkradio/?pnref=lhc

      Delete
  5. We are talking about global economic collapse and you dear sir (Raymond Irrer) feel this a good time for your shameless commercial pitch? NICE!

    ReplyDelete
  6. Thank you for all of the comments - I have also heard now This info third person info, but when I went out to dinner with my friend from lockheed martin building the US fighter jets. He heard the same thing. The IRS Auditor I Interviewed above said a Hedge Fund Manger thought that he believe the economy could really crash late Feb. or sometime in March. I understand some things we have to hold lightly. but I believe we are at a point of a suddenly happening. End Time Talk radio

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  7. I don't see how the low level of BDI is connected with retail inventory? I think, that you are a little bit to pesimistic. If you would like to see a diffrent point of view, please check this link:
    http://bargainvalue.co.uk/what-is-going-on-with-baltic-dry-index/

    ReplyDelete
  8. Outlet Store malls are here to provide you all kinds of home depot stores locations. Youcan easily get the opening hours, exact location and discount using the coupons.

    ReplyDelete