Dear PGM Capital Blog readers, Eight years after the financial crisis, the world’s central banks are trying to boost the global economy as much as ever. Though having arguably prevented financial markets from falling into the abyss in 2008 by lowering interest rates, the central banks are adopting increasingly complex interventions, to which the world economy remains[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to see if there are similarities between the story of the boy who Cried Wolf and the the talk of the USA FED, who is telling us that they are going to raise rates. THE FABLE: The story dates from Classical times, but, since it was[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you the USA September jobs report, which came out on Friday, September 2, 2016. On Friday September 2, at 8:30 am EST, the USA Bureau of statistics (BLS), reported that the U.S. economy hired 151,000 non-farm workers in August, disappointing analyst expectations of 180,000[…]
Dear PGM Capital Blog readers, In this weekend blog article we want to elaborate on the fact that the value of negative-yielding bonds – both government and corporate – swelled to US$13.4 trillion this week as negative interest rates and central bank bond buying ripple through the debt market. INTRODUCTION: In market economies, money is the measure[…]
Dear PGM Capital Blog readers, On Monday, August 15, regulatory filings with the U.S. Securities and Exchange Commission showed that in the second quarter of 2016, billionaire investor George Soros and Carl Ichan have increased their bearish bet against the USA Stock Market. GEORGE SOROS: Billionaire investor George Soros, who rose to fame and fortune by betting against[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to elaborate on the increasing usage of Potassium and Lithium in our modern society and the best way to invest in them. POTASIUM: Potassium is a chemical element with symbol K, with atom number 19, and is an alkali metal used mainly in the fertiliser industry. The principal[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of July 25, 2016: Diageo reported full-year financial results on Thursday, July 28, 2016. USA Q2-2016 GDP[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition we want to elaborate on the Gold-to-Oil ratio which since the beginning of this year is in record territory. INTRODUCTION: The Gold-to-Oil ratio measures how many barrels of crude oil is needed to buy one (1) ounce of gold. On average, the ratio has historically[…]
Dear PGM Capital Blog readers, Thursday, June 30th marked the end of the second quarter and first half of 2016. THE GOLD PRICE: Gold futures advanced 8.5% in June, 6.9% in the second quarter, and 24.6% in the first half of 2016. On Friday July 1st, the yellow metal, rose with US$ 19,09 or 1.45%[…]
Dear PGM Capital Blog readers, As can be seen from below figure, in a referendum called “BREXIT”, held on Thursday June 23, approx. 51,9 percent of the people of the United Kingdom has voted in favour of Great Britain to leave the European Union, shocking the world and revealing a divided country. That means that[…]