Dear PGM Capital Blog readers, In this weekend blog article, we want to elaborate on the fact that the Chinese Yuan, has moved closer in joining the prestigious IMF Special Drawing Rights currency basket. On Saturday November 14, the IMF staff and chief Christine Lagarde, officially green lighted the acceptance of China’s currency – the Renminbi or[…]
Dear PGM Capital, Blog readers, In this weekend blog article we want to discuss with you why investing in phosphorus which plays a key role in most life processes, va Phosphorus is a nonmetallic chemical element with symbol P and atomic number 15. There are several forms of phosphorous, called white, red and black phosphorus, although their colours are more likely to be slightly different. White[…]
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 October 12, 2015: Anheuser-Bush Inbev agrees to buy SabMiller for 68 billion British Pound Walmart warns that strong US-Dollar[…]
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 October 5, 2015: The Chinese Yuan, overtook the Japanese Yen as the world fourth most used payment currency. Suncor[…]
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 September 20, 2015: Russian Central Bank bought one million ounces of Gold in August. Caterpillar announced restructuring plans.[…]
Dear PGM Capital Blog readers, Investors around the world have been closely watching the USA Central bank’s (The FED) decision on short-term rates, which have been near zero since the financial crisis in a bid to stoke growth and borrowing. That stance has helped propel a six-year-long bull market in stocks and bonds. After keeping the markets[…]
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 September 7, 2015: Brazil downgraded to Junk rating by Standard & Poor’s. Huge outflow of gold held for[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to elaborate on the current correction cycle, that has all the potential of becoming a bear market, which might lead to a global recession or even depression. DEFINITION OF A CORRECTION: A correction is a decline or downward movement of a stock, or a[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to elaborate on the current commodities bear market that brought the Bloomberg Commodity Index (BCOM.IND) on Monday August 24th, to its lowest level since August 1999, as can be seen from below chart. On Monday August 24, the Bloomberg Commodity Index of 22[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to elaborate on the biggest sell-off on Wall Street since November 2011. DOW-JONES INDEX: The USA blue chip Index, the DOW-Jones Industrial, declined from 17,545.18 points on the close of Monday August 17, to close at 16,459.75 points on Friday, August 21st, a decline of 1,085.43 points[…]