Marketupdate

Auteur: Jaco Schipper

  • A Shocking Fall

    by Egon von Greyerz – Matterho Asset Management

    This month we will discuss what is likely to be a major change both in sentiment and in the economy in the next few months. The autumn of 2009 will be full of shocking surprises in the banking sector, in financial markets and in the world economy.  The events that we outlined in our previous newsletter, “The Dark Years Are Here” are going to start unfolding. There will also be shocking falls in stockmarkets, in the dollar and in bond markets. But these falls will create major opportunities for investors which we will also discuss.

    The syndrome of hope and false expectations

    Some readers might feel that we are prophets of doom and that there is only gloomy news coming out of Matterho Asset Management. For people who want only good news we suggest that you listen to politicians or read the newspapers or your average stockbroker’s forecast. This is where you find the good news. But if you do listen to these people, remember that virtually nobody waed you about the events in the last couple of years, and that today most of these people are saying that the worst is over. And this is also what stockmarkets are telling us, isn’t it? These “optimists” whether they are politicians, bankers or from the media all make their living based on good news and this is why they will continually tell you lies and never wa you about the risks.

  • Sarkozy: Dollar kan geen reservemunt blijven

    By Gabrielle Parussini
    Dow Jones Newswires
    via Nasdaq.com
    Wednesday, August 26, 2009

    http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=20090826…

    PARIS — French President Nicolas Sarkozy said Wednesday that the dollar can’t remain the world’s only reserve currency, as the rise of emerging powers such as China and Russia challenge the U.S.’s prominence.

    “The political and economic reality of a multipolar world will have to find sooner or later a translation on the monetary level,” Sarkozy told foreign ambassadors, gathered for a yearly reception at the Elysee Palace. “A multipolar world can’t count upon one currency only.”

    Sarkozy also said that he won’t allow the euro to be the only currency to bear the weight of foreign exchange market adjustments as has happened in the past.

  • De Chinese goudmarkt

    I’ve been spending a lot of time this week talking to my sources in China, one of whom is inside one of the country’s sovereign wealth funds (SWF).

    He could not discuss the details of the Rio Tinto bribery scandal, but indicated that it was far more about saving face and establishing position than anything else.

    He also indicated that the SWF analysts were working around the clock trying to put deals together… for China it’s a race against the clock for how fast they can convert their $2 trillion in US dollar holdings into strategic assets– namely oil and gold.

    At today’s deflated prices, putting together a really good billion dollar deal is a difficult thing to do. Putting together 2,000 of them is impossible.  Doing it before the dollar collapses? No chance. And they know it.

    So as a hedge, the govement appears to be pumping up demand for gold and silver among the public, possibly preparing them for an imminent dollar decline.

  • Inflation could force gold to be new global currency

    By ANTHONY ROWLEY
    TOKYO CORRESPONDENT

    IT’S party time again, it seems, in world stock markets and revellers are beginning to sound as though the financial crash and the global recession were nothing more than a pause for breath.

    Yet the ‘ghost at the banquet’ is the gold price which, at near US$1,000 an ounce, is an unwelcome guest to have around just when it seems the good times are ready to roll again.

    Even as advanced and emerging equity markets hit their highest level for the year on Monday of this week, the gold price continued its upward climb and reached US$955 an ounce. What’s more, even those investment managers who do not normally display a tendency toward hyperbole said it would hit US$2,000 an ounce soon and could go on to reach US$3,000.

  • Schuld VS is onmogelijk te financieren

    http://www.sprott.com/Docs/MarketsataGlance/June_2009.pdf

  • Gratis goudresearch!

    180px-Willem_MiddelkoopWe hebben het al eens eerder beschreven. Het blijkt mogelijk om in dezelfde tijd op dezelfde planeet, net als in de film Matrix, in twee verschillende werelden te leven. Waar in onze wereld sprake is van een tweede fase in een uiteindelijk dodelijke spiraal van het westerse dollarsysteem, blijkt In de financiële wereld sprake van structurele rozengeur en maneschijn, waarbij crisis maximaal twee jaar duren en vervolgens alles bij het oude blijft. In welke wereld men leeft, heb je de blauwe of de rode pil geslikt om in Matrix-taal te spreken, heeft natuurlijk enorme gevolgen voor je marktperceptie. Waar wij beleggers (sinds 2003!) keer op keer adviseren om goud te kopen als de ultieme bescherming van je vermogen blijft de meerderheid van de financiële wereld goud negeren en ridiculiseren.

  • Grafieken goudmanipulatie

    http://www.marketskeptics.com/2009/07/graphs-showing-manipulation-of-gold.html

     

  • initiatief van drie Zwitserse parlementariërs voor herinvoering van de goudstandaardinitiatief van drie Zwitserse parlementariërs voor herinvoering van de goudstandaard

    http://www.gesunde-waehrung.ch/

  • Gold lures inflation-wary hedge fund chiefs

    (Reuters) – U.S. hedge fund managers are increasingly likely to buy gold to protect their personal wealth against inflation, an investment management firm said on Thursday.

    Hedge Funds

    London-based Moonraker said a survey it carried out in the United States found that 20 out of 22 fund managers interviewed bought physical gold for personal investment on conces the U.S.’ quantitative easing programme may lead to higher prices.

    “Gold is the ultimate currency, performing best when economies are at extremes, whether that is inflationary or deflationary,” Jeremy Charlesworth, chief investment officer at Moonraker, said in a statement.

    “The managers I met in the U.S. know that if the politicians get the quantitative easing programme wrong, then the value of money relative to real assets will dwindle,” he added.

  • Five Firms Hold 80% of Derivatives Risk, Fitch Report Finds

    First-quarter financials mark the first time comprehensive derivatives disclosure was mandated for all U.S. companies

     

    Members of Congress probing threats to the global financial system — especially the threat of concentration of risk — will have a lot to ponder in newly mandated disclosures highlighted by a Fitch Ratings report issued last week. While derivatives use among U.S. companies is widespread, an “overwhelming majority of the exposure is concentrated among financial institutions,” according to the rating agency’s review of first-quarter financials.

    Concentrated, in fact, among a mere handful of financial-services giants. About 80% of the derivative assets and liabilities carried on the balance sheets of 100 companies reviewed by Fitch were held by five banks: JP Morgan Chase, Bank of America, Goldman Sachs, Citigroup, and Morgan Stanley. Those five banks also account for more than 96% of the companies’ exposure to credit derivatives.

  • Beleggen in goud voor dummies

    Goud is booming, zeker ten tijde van crisis zoeken investeerders weer hun toevlucht in het gele edelmetaal. Maar bezint eer u begint, koop niet roekeloos elke gram goud waar u uw hand op kunt leggen.

    Op kantoor rinkelen de gouden kettingen om de halzen van uw collega’s, nee het zijn geen fashionistas geworden noch nemen zij deel aan een B.A. Barracus look-a-like contest. Zij volgen enkel de adviezen op van vele beurspredikers. Met Willem Middelkoop voorop praten zij u naar de veilige haven die goud heet.

    Maar hoe komt u aan uw eerste kilo’s van het edelmetaal?