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$13.4 trillion this week as negative interest rates and central bank bond buying ripple through the debt market. INTRODUCTION: In market economies, money is the measure[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of July 25, 2016: Diageo reported full-year financial results on Thursday, July 28, 2016. USA Q2-2016 GDP[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition we want to elaborate on the Gold-to-Oil ratio which since the beginning of this year is in record territory. INTRODUCTION: The Gold-to-Oil ratio measures how many barrels of crude oil is needed to buy one (1) ounce of gold. On average, the ratio has historically[…]
Dear PGM Capital Blog readers, Thursday, June 30th marked the end of the second quarter and first half of 2016. THE GOLD PRICE: Gold futures advanced 8.5% in June, 6.9% in the second quarter, and 24.6% in the first half of 2016. On Friday July 1st, the yellow metal, rose with US$ 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[…]
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 June 16, 2016: Germany’s 10-year sovereign bond yield turn negative for the first time. The USA[…]
Dear PGM Capital Blog readers, For investors, the last 12-months and in particular this year has been one gigantic roller coaster ride. We began the year 2016, with the worst two-week start in recorded history for the U.S. Indexes, after the first 10 trading sessions, all three major U.S. indexes were showing losses of between[…]
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 April 25, 2016: China’s central bank guided the yuan higher at the sharpest pace since 2005.[…]
Dear PGM Capital Blog readers, In this weekend blog article, we want to discuss with you the Gold-to-Oil Ratio and the Gold-to-Silver ratio which currently are at an all-time-high might be predicting. GOLD-TO-OIL RATIO: On Friday, March 04, Gold closed on US$ US$ 1,259.10 an ounce and WTI crude at US$ 36.33 a barrel, which consequently brought[…]
Dear PGM Capital Blog readers, In this weekend blog article, we want to elaborate on the possibilities and consequences of negative interest rates. INTRODUCTION: Imagine a bank that pays negative interest. Depositors are actually charged to keep their money in an account. As crazy as it sounds, several of Europe’s central banks have cut key interest rates[…]