Dear PGM Capital Blog readers, On Friday evening August 5th 2011, Standard & Poor downgraded the USA credit rating from AAA to AA+. On Sunday August 7th 2011, during “MSNBC” program. “Meet the press”, former USA Fed Chairman, Dr. Alan Greenspan, was asked on his opinion about the downgrade of the USA debt. MSNBC Reporter:[…]

Dear PGM Capital, blog reader, Stocks have treaded water today, all over the world as a reaction to the downgrade of the USA credit rating from AAA to AA+, by S & P, Friday August 5th 2011. The sell-off gained steam after President Obama’s speech of this afternoon, as can be seen from below DOW[…]

Dear PGM Blog readers, On Friday, August 5th 2011, Credit rating agency S&P had the guts to downgrade the USA sovereign debt from AAA to AA+ with a negative outlook for the USA for the coming 15 months. August 5th 2011, will go into history as the day that a “credible” rating agency has acknowledge[…]

Dear PGM Capital Blog readers, Awaiting our Website to become operational in the second half of this year, we herewith provide you with an overview of our scope, profile and services. PGM Capital is a financial advisory & wealth management company, which, together with its partners, offers a wide variety of tailor made financial services[…]

Dear PGM Capital, blog readers, During the last few days our telephones and E-Mail box were red hot from readers and clients asking our opinion on the current deadlock in the USA regarding the increase of the debt ceiling. History has proven to repeat itself within a certain cycle. On average we have a recession every 5 years and[…]

Dear PGM Capital, Blog readers, Today Wednesday July 27th 2011, the Australian Dollar closed at an all time high of, USD 1,1026 for AUD 1.00. In the last 5 years the Australian Dollar has appreciated with more than 25% against the USD as can be seen from below chart, this makes the Australian Dollar together[…]