Highlights of the Week of November 4, 2013

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 November 4, 2013. VALE S.A. Q3-2013 earnings report. USA GDP and Employment data. ECB lowers interest rates. Standard[…]

SINOPEC and PETROCHINA reported blockbuster Q3-2013 results.

Dear PGM Capital, Blog readers, In this weekend blog article we want to discuss with you the Q3-2013 earnings report of China’s biggest and second biggest Oil Companies, respectively PetroChina Company Ltd. (HKE:0857.HK) and China Petroleum & Chemical Corp  (SINOPEC) (HKE: 0386.HK), reported on Tuesday October 29, 2013. PETROCHINA COMPANY LTD: Company Profile: PetroChina Company Limited, was founded[…]

IMF Proposed Ten percent “Debt Tax” on Net Assets

Dear PGM Capital, Blog readers, In this weekend blog article we want to discuss with you IMF, “Fiscal Monitor Report” of October 13 2013, entitled “Taxing Time” In the above mentioned report, the International Monetary Fund elaborates on a general “debt tax” on the net asset of each household in indebted countries. In this vignette,[…]

Freeport McMoRan reports Strong Q3-2013, Caterpillar disapoints

Dear PGM Capital Blog readers, In this mid-weekend’s blog edition, we want to discuss with you the Q3-2013 earnings reports of Freeport McMoRan (Nyse: FCX), reported on Tuesday October 22nd before the bell, and the one of Caterpillar (Nyse: CAT), reported this morning October 23rd before the NYSE opening bell. About Freeport McMoRan: Freeport-McMoRan Copper & Gold[…]

Highlights of the week of October 14, 2013

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 14, 2013. Chinese Dagong Global Rating Agency downgraded the USA on Thursday October 17, 2013. China Economy[…]

Highlights of the week of October 7, 2013

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 7, 2013. Janet Yellen nominated by Obama to head US Federal Reserve, on Wednesday, October 9, 2013.[…]

Highlights of the week of September 30, 2013

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 30, 2013. The USA Government Shutdown, which started on October 1st 2013, midnight. Credit rating agency, “Moody’s”[…]

Gold is moving from West to East

Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you, the great transfer of wealth from West to East, which started in January of this year, and which is becoming more apparent as we see the huge amounts of physical precious metal buying from the East as well as the[…]

Highlights of the week of September 16, 2013:

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 16, 2013: FOMC Meeting of, September 17 & 18, 2013 The Reserve Bank of India raised interest[…]

Highlight of the week of September 9th, 2013

  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 9th, 2013: The DOW-30 Index announced changes on September 10th, 2013. The USA Fiscal Deficit and[…]