Dear PGM Capital Blog readers, On Thursday, January 22nd, the “European Central Bank“ (ECB) ‘took out the bazooka’ with bigger than expected QE stimulus package. The ECB chairman, Mr. Draghi, said the ECB would buy a total of €60 billion a month in assets including government bonds, debt securities issued by European institutions and private-sector bonds. The purchases[…]
Dear PGM Capital Blog readers, On Thursday, January 15, the Swiss National Bank (SNB) roiled markets worldwide with its unexpected decision to abandon the Swiss franc’s cap against the Euro. The news of the repeal of the minimum Euro exchange rate against the Swiss franc hit the financial markets like a bomb. As can be seen from below chart,[…]
Dear PGM Capital Blog readers, In this weekend blog edition we want to elaborate on the huge stock and bond market bubble in the West. If you are an investor, your big concern should not be about stocks and stock markets in bubble territories, but also about the bond and currency markets and about the consequences if[…]
Dear PGM Capital Blog readers, On Friday November 28th, the national debt of the United States officially surpassed 18 trillion US Dollars, of which the debt held by the public rose to US$12,922,681,725,432.94, an increase of US$32 billion in one day, as can be seen from below screenshot. The Congressional Budget Office (CBO) released two startling reports[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you why Oil and commodities prices are falling and are now at a 5-year low. CRUDE OIL: Oil futures on Friday, November 28th, settled at their lowest level in five years as the Organization of the Petroleum Exporting Countries’ decision to keep[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of November 17, 2014: Japan Back into Recession: China Lowers Interest rate: Russia continues to expand its Gold[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you the Peak of Silver production and the fact that US-Mint ran out of the American Silver Eagle coins. Of all the elements on the periodic table, Silver has been dubbed the first to go extinct, which will make it the resource investment[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you why the US-Dollar has been rising since mid May of this year, despite the fact that the long-term health of the world reserve currency is still as precarious as it ever was and the fact that the national debt is currently[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you, the total debt of the USA, which has reached an all time record of over US$ 60 Trillion at the end of Q2-2014 and the USA Public Debt which currently is near an all time high 18 Trillion US-Dollars. THE USA PUBLIC DEBT:[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you the USA September jobs report, which came out on Friday, October 3rd 2014. On Friday October 3rd at 8:30 am EST, the USA Bureau of statistics (BLS) reported that USA Economy has created 248,000 non-farm jobs in September 2014, which beats analysts’[…]