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[…]
Dear PGM Capital Blog readers, In this weekend blog article, we want to elaborate on the possibilities and consequences of negative interest rates. INTRODUCTION: Imagine a bank that pays negative interest. Depositors are actually charged to keep their money in an account. As crazy as it sounds, several of Europe’s central banks have cut key interest rates[…]
During the holiday season more than ever, our thoughts turn gratefully to those who have made our progress possible. It is in this spirit we say, simply but sincerely… We are looking forward serving you in 2016 and beyond, to the best of our abilities. We herewith wish you and your family happy holiday season,[…]
Dear PGM Capital Blog readers, In this weekend blog article, we want to elaborate on the fact that the Chinese Yuan, has moved closer in joining the prestigious IMF Special Drawing Rights currency basket. On Saturday November 14, the IMF staff and chief Christine Lagarde, officially green lighted the acceptance of China’s currency – the Renminbi or[…]
Dear PGM Capital, Blog readers, In this weekend blog article we want to discuss with you why investing in phosphorus which plays a key role in most life processes, va Phosphorus is a nonmetallic chemical element with symbol P and atomic number 15. There are several forms of phosphorous, called white, red and black phosphorus, although their colours are more likely to be slightly different. White[…]
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 October 12, 2015: Anheuser-Bush Inbev agrees to buy SabMiller for 68 billion British Pound Walmart warns that strong US-Dollar[…]