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 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, This weekend I would like to use the opportunity to talk with you about the USA-fiscal cliff and coming debt ceiling. During a speech before the House financial Service committee at the end of February 2012, the USA Fed chairman Mr. Ben Bernanke, was the first person to use the term “fiscal cliff”. Full story: The[…]
Dear PGM Capital Blog readers, This weekend I would like to talk with you about investing in Silver. Silver is a metallic chemical element with the chemical symbol Ag (Latin: Argentum), Unlike gold, which is predominantly a precious metal, of which 90% of its mined output is being saved, 90% of all mined silver, on the other hand, continues to be utilized for industrial purposes: Silver is needed[…]
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,[…]