Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you 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 10th 2013.: Japan Nikkei 225 Index fell 843.94 points or 6.35 percent on Thursday, June 13[…]
Dear PGM Capital Blog readers, In this blog article we want to discuss with you why investing in Platinum and Palladium can be so lucrative and why some analysts and investment advisors nicknamed Palladium, “The Metal of the 21st Century” Platinum and Palladium are both precious metals, which together with rhodium, ruthenium, iridium and osmium form a group of elements referred[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you 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 3rd 2013. The following world currencies received a haircut this week: The Australian Dollar, fell[…]
Dear PGM Capital Blog readers, Yesterday, Sunday, May 19 2013, in the first few minutes following the opening of electronic trading on the Comex division of the New York Mercantile Exchange, silver futures slumped 9.4% to a low of USD 20.250 a troy ounce. As a consequence of this the Silver trading was stopped for[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you some of the most important events that happened in the global capital markets, the world economy and the world of money which are: The price of Gold testing the low of May 15, 2013, of USD 1,350.00 an oz.[…]
Dear PGM Capital Blog readers, In this weekend blog edition, we want to discuss with you some of the most important events that happened in the global capital markets, the world economy and the world of money which are: The Reserve Bank of Australia cut rate at record low on Tuesday, May 7th 2013.[…]
Dear PGM Capital Blog reader, During this weekend blog edition we want to elaborate on the following events that happened in the capital markets, world economy and the world of money: The changes in USA GDP measurements. The ECB interest rate was cut to a record low on Thursday May 2nd 2013 DOW-30 and DAX-30 to[…]
Dear PGM Capital, Blog readers, Last Friday Gold sank more than five per cent, entering bear-market territory as institutional investors fled Gold amids of other safe-haven assets amid concerns about central bank sales and souring sentiment. In the table below we can see the damage done to Gold and other precious metals last Friday,[…]
Dear PGM-Capital, blog readers, The big news over the weekend was the Cyprus Banks having to be bailed out by the ECB. The Mediterranean island nation of Cyprus, a former British colony, is divided into a Greek and Turkish part. On May 1st 2004, the southern part, the Republic of Cyprus, became a member of the[…]
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[…]