Dear Blog followers, After a busy year of transition and reorganization we want to relaunch our Market Update articles and will start today! We have seen the European Markets go sideways after Mario Draghi announced that it will continue to keep interest rates at very low levels and that they stand ready to buy Spanish[…]
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[…]
Dear PGM Capital Blog readers Today, September 2nd 2012, the USA Debt has reached an all time high of USD 16 Trillion as can be seen from the image here above. With a population of approx 313,428,000 people it means that the USA National debt is approx. USD 51,047 per citizen. With a GDP per Capita of apprrox USD 48,200.00,[…]
Dear PGM-Capital Blog readers, Yesterday, July 24th 2012, based by fear, investors fled into US-Treasuries with the consequence that the yield of the 10-year note depreciated to a 50- year low of 1.39% as can be seen from below charts. Subsequently the USD Index rose to a two year high of 84.1. Buying 10 year US-Treasuries at yield of 1.47% is more or[…]
Dear PGM-Capital Blog readers, Last Thursday, July 5th 2012, will go into history as the day that 3 major Central Banks, “The Bank of England“, “The European Central Bank” and the “The People’s Bank of China“, signaled their determination to stimulate the flagging global economy. Highlights: The Bank of England’s monetary policy committee, said that it would inject an[…]
Dear PGM-Capital Blog readers, During the last 3 years we have been warning investors for the crash of the ultimate Bubble, the Bond market. In the course of history we have seen a lot of bubbles forming and subsequently bursting. The most recent ones were the IT-Bubble of 1997- 1999 and the housing market bubble of 2002-2007. In all these cases bursting of[…]
Dear PGM Capital, Blog readers, In our blog post of Last Sunday, May 6th 2012, entitled “Are You Prepared for a World Heading for Populism?” we analyzed how growing populism, combined with excessive debt and aging population in the west, may trigger a very hard, deep and long depression. Although we dislike being right about[…]
Dear PGM Blog readers, If you have watched the headlines lately, the following news headlines of the last two weeks should have captured your attention: Argentina Nationalizes “REPSOL-YPF” Bolivia Nationalizes Electricity Company “REE” Today, Sunday May 6th 2012 will go into history as the day that Greece and France shifted politically from the center to respectively extreme left[…]
Dear PGM-Capital Blog readers, During this weekend we took some time to read the book “Der Staatsbankrott kommt” (The state bankruptcy is coming!) by Michael Grandt, with the fitting sub-title “Retten Sie Ihr Vermögen, solange Sie es noch können!” (Save your wealth as long this is still possible). Using lots of examples taken from Greece, Michael Grant[…]