Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of June 10th 2013.: Japan Nikkei 225 Index fell 843.94 points or 6.35 percent on Thursday, June 13[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of June 3rd 2013. The following world currencies received a haircut this week: The Australian Dollar, fell[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you some of the most important events that happened in the global capital markets, the world economy and the world of money which are: The Bank of Israel cut interest rate to 1,25 percent on Monday, May 27 2013. Widespread protests against[…]
Dear PGM Capital Blog readers, On Monday May 20th 2013, Ensco PLC, (NYSE: ESV) announced that its Board of Directors has declared a regular quarterly cash dividend of US$0.50 per Class A ordinary share payable on 21 June 2013 to holders of Ensco’s shares as of the 10 June 2013 record date. The current dividend annualizes to an even US$2.00 per share,[…]
Dear PGM Capital Blog readers, Yesterday, Sunday, May 19 2013, in the first few minutes following the opening of electronic trading on the Comex division of the New York Mercantile Exchange, silver futures slumped 9.4% to a low of USD 20.250 a troy ounce. As a consequence of this the Silver trading was stopped for[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you some of the most important events that happened in the global capital markets, the world economy and the world of money which are: The price of Gold testing the low of May 15, 2013, of USD 1,350.00 an oz.[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you some of the most important events that happened in the global capital markets, the world economy and the world of money which are: The Reserve Bank of Australia cut rate at record low on Tuesday, May 7th 2013.[…]
Dear PGM Capital Blog reader, During this weekend blog edition we want to elaborate on the following events that happened in the capital markets, world economy and the world of money: The changes in USA GDP measurements. The ECB interest rate was cut to a record low on Thursday May 2nd 2013 DOW-30 and DAX-30 to[…]
Dear PGM Capital, Blog readers, Last Friday Gold sank more than five per cent, entering bear-market territory as institutional investors fled Gold amids of other safe-haven assets amid concerns about central bank sales and souring sentiment. In the table below we can see the damage done to Gold and other precious metals last Friday,[…]
Dear PGM-Capital, blog readers, On Thursday February 14th 2013, British-Australian mining giant RIO Tinto (NYSE: RIO, ASX: RIO.AX, LSE: RIO.L world 3rd biggest miner by market cap, behind BHP Billiton and Vale), reported its H2-2012 and full year results. Highlights 2012 financial results: Underlying earnings of US$9.3 billion. Net loss of US$3.0 billion after impairments of US$14.4[…]