Dear PGM-Capital, blog readers, On Friday, February 22nd 2013, Moody’s Investors Service downgraded the domestic- and foreign-currency government bond ratings of the United Kingdom by one notch to Aa1 from Aaa, with a stable outlook Moody’s motivates the downgrade on the following facts: The continuing weakness in the UK’s medium-term growth outlook, with a period[…]
Dear PGM-Capital, blog readers. Today, January 2nd 2013, we would like to look back at 2012, and try to do some predictions for the year 2013. The year 2012, similar to 2011, will go into history as a year during which mainly the West media did their utmost to talk down the Euro, China, and[…]
Dear PGM Capital Blog readers, This weekend I would like to use the opportunity to talk with you about the USA-fiscal cliff and coming debt ceiling. During a speech before the House financial Service committee at the end of February 2012, the USA Fed chairman Mr. Ben Bernanke, was the first person to use the term “fiscal cliff”. Full story: The[…]
Dear PGM Blog readers, If you have watched the headlines lately, the following news headlines of the last two weeks should have captured your attention: Argentina Nationalizes “REPSOL-YPF” Bolivia Nationalizes Electricity Company “REE” Today, Sunday May 6th 2012 will go into history as the day that Greece and France shifted politically from the center to respectively extreme left[…]
Dear PGM-Capital Blog readers, This weekend we would like to discuss with you the “Market Volatility Index”, better known as the VIX-Index or Fear-Index. The volatility index (“VIX”) is an index that measures expectations of volatility, or fluctuations in price, of the S&P 500 index. Higher values for the volatility index indicate that investors expect the value of the S&P 500[…]
Dear PGM-Capital Blog readers, Since July 22nd 2011 we have seen investors, driven by fear, running in the wrong direction, by buying US-Treasuries as a safe haven and sending the yield of the 10-year note to a historic minimum of approx. 1.75% by early October of 2011. History has proven that Greed & Fear will block common sense[…]
Dear PGM Capital Blog readers, Today February 22nd 2012, the Bank of England published the minutes of their February 8 & 9 2012, Monetary Policy Meeting, which shows that members had considered increasing its quantitative easing programme by more than the 50 billion British Pound cash injection made earlier this month. Policymakers voted by seven to two[…]
Dear PGM Capital Blog readers, Last Friday, January 13th, credit rating agency Standard & Poor, downgraded 7 European countries for which France & Austria lost their AAA credit rating. Moody’s also downgraded the US State of Illinois to A2, the lowest rating of any USA state. We believe that within 6 – 18 months the United Kingdom will[…]
Dear PGM CAPITAL Blog readers, We are living in exceptional times and are now experiencing the fall of the once so mighty Western Nations (United States of America, Europe & Japan). Previously the shift of Economic Power caused a big war or was the consequence of big war. Nothing has changed. Currently the fall of the West[…]
Dear PGM Capital Blog readers, Awaiting our Website to become operational in the second half of this year, we herewith provide you with an overview of our scope, profile and services. PGM Capital is a financial advisory & wealth management company, which, together with its partners, offers a wide variety of tailor made financial services[…]