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, 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 Bank of Israel cut interest rate to 1,25 percent on Monday, May 27 2013. Widespread protests against[…]
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, 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, On Thursday February 14th 2013, British-Australian mining giant RIO Tinto (NYSE: RIO, ASX: RIO.AX, LSE: RIO.L world 3rd biggest miner by market cap, behind BHP Billiton and Vale), reported its H2-2012 and full year results. Highlights 2012 financial results: Underlying earnings of US$9.3 billion. Net loss of US$3.0 billion after impairments of US$14.4[…]
Dear PGM-Capital, blog readers. Today, January 2nd 2013, we would like to look back at 2012, and try to do some predictions for the year 2013. The year 2012, similar to 2011, will go into history as a year during which mainly the West media did their utmost to talk down the Euro, China, and[…]
Dear PGM Capital Blog readers, This weekend, we want to talk with you about the Currency War that is currently taking place. Currency war definition: Currency War, also known as competitive devaluation, is a condition in international affairs where countries compete against each other to achieve a relatively low exchange rate for their own currency, in order to support their export.[…]
Dear PGM Capital Blog readers, On Thursday, October 18th 2012, after the bell, Souther Copper Corporation (NYSE: SCCO, ISIN US84265V1052) announced a blockbuster Q3-2012, dividend of USD 2.75 a share payable on November 21st 2012, to shareholders of record on November 8th 2012. This Q3-2012 dividend payment will be the company’s highest dividend payout ever. Source: About the[…]
Dear PGM Capital, Blog readers, In our effort to provide you with the best information for you to excel and protect your assets in a world heading for depression, we are very pleased to inform you that our sister company “PGM Academy” is organizing an Investment Seminar in Curacao, scheduled to start on Wednesday October[…]
Dear PGM-Capital Blog readers, ECB and FED Chairmen have spoken and they both declared to do whatever it takes (read to buy an unlimited amount of bonds) to respectively save the Euro and to safeguard the USA from going into Recession/Depression. Ladies & Gentlemen, Look how far our moral and values have fallen! The Economy of the West is in such an alarming stage that it can only survive and not[…]