Market Update (13 januari 2015)

Kredietcrisis

John Embry: I’ve Never Seen This In My 40+ Years In The Investment Business (Sprott Global)

Euronext begint met opties op etf’s (Telegraaf)

Commodities Drop to 12-Year Low as Oil Slumps Amid Global Glut (Bloomberg)

The Scariest Chart For America’s Shale Industry (Zero Hedge)

US Stocks Most Overvalued Relative To Rest Of The World In History (Zero Hedge)

Japan 5-year bond yields hit zero (Financial Times)

Valutacrisis

Era of record foreign reserve stockpile in China over – economists (Russia Today)

European Central Bank and Reserve Bank of India sign a Memorandum of Understanding on cooperation (ECB)

Geopolitiek

Oil prices plunge again as UAE defends holding production (Reuters)

Oil plunges below $45 for 1st time since 2009 (Russia Today)

U.S. Probably Paying for Non-Existent Afghan Police, Probe Finds (Bloomberg)

Hypocrites Shine on Paris Catwalk (Sputnik News)

BRICS

China exports rose 6.1% in 2014 (BRICS Post)

First Ratings by Russian-Chinese Agency to Be Released in 2015 (Sputnik News)

Goud

Gold price on a high (Australian Mining)

Enormous Bullish Gold Bet was just made with Call Options (OCTA Finance)

South African Gold Stocks Rally in Longest Stretch in 10 Months (Bloomberg)

Goldcorp May Take About $2.7 Billion Writedown on Mine (Bloomberg)

Grafiek/Cartoon van de dag

Amerikaanse arbeidsmarkt herstelt vooral op papier, participatiegraad naar laagste niveau sinds 1977

The deficit is ‘paid for’ by all those spending less than their incomes 😉

— Warren B. Mosler (@wbmosler) January 12, 2015

Een tweet om over na te denken…