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, On Friday, April 22, in its weekly release, Houston-based oilfield services company Baker Hughe (NYSE: BHI) reported another record fall in the U.S. rig count (number of rigs searching for oil and gas in the country) from the previous week. As can be seen from below chart, the USA[…]
Dear PGM Capital Blog readers, On Wednesday, April 13th, Peabody Energy (NYSE: BTU), the largest U.S. coal miner, filed for bankruptcy, marking the end of an era for big publicly traded companies that have fueled American industry for more than a century. Peabody was the last major U.S. coal miner still standing. Arch Coal, Alpha Natural Resources,[…]
Dear PGM Capital Blog readers, In this weekend’s blog article, we want to discuss with you why investing in Royal Dutch Shell can be so lucrative. INTRODUCTION: Royal Dutch Shell plc (RDSA.AS or RDSA.L or NYSE: RDS.A), commonly known as Shell, is an Anglo-Dutch multinational oil and gas company headquartered in the Netherlands and incorporated in the[…]
Dear PGM Capital blog readers, On Friday, April 1, 2016, the USA Bureau of Labor Statistics reported that the country’s economy added 215,000 nonfarm payrolls in March, beating market expectations. The private sector hired 195,000 workers. But wages grew a mere 2.3% compared to a year ago. It’s especially disappointing because the economy has added[…]
Dear PGM Capital blog readers, On Thursday, December 24, 2015, the Swiss Federal Government informed the media, that it had received enough signatures and would hold a referendum as part of the so-called “Vollgeld”, or Full Money Initiative, also known as the Campaign for Monetary Reform, which seeks to ban commercial banks from creating money, and[…]
Dear PGM Capital Blog readers, In this weekend’s blog article, we want to discuss with you why investing in Australia can be lucrative and the best way to do it. ABOUT AUSTRALIA: Australia is a developed country with an estimated nominal GDP of 1.137 trillion US-Dollar for which it ranks as the world’s 12th-largest economy. Additional Economic facts[…]
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, On Wednesday, February 17, 2016, rating agency Standard & Poor’s downgraded, the credit ratings of Saudi Arabia, Brazil, Kazakhstan, Bahrain and Oman. SAUDI ARABIA: The downgrade of Saudi Arabia credit rating by rating agency S&P, of Wednesday February 17, was the country’s second downgrade in four months: On Wednesday, February 17, 2016, S&P[…]