Dear PGM Capital Blog reader, On Wednesday, November 14, things turned south for crypto currencies, with an average drop of approx. between 10 – 14 percent of their respective market capitalization. INTRODUCTION: A cryptocurrency (or crypto currency) is a digital or virtual currency that uses cryptography for security. Many cryptocurrencies are decentralized systems based on blockchain technology, a distributed ledger enforced by a[…]
Dear PGM Capital Blog reader, In this weekend 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 5, 2018, as follows: Ahold Delhaize reported blockbuster Q3-2018 financial results. USA FED signals posible rate[…]
Dear PGM Blog reader, In this weekend blog article, we want to take the opportunity to discuss with you, the Q3-2018 financial results of Baidu and Alibaba, reported respectively on Tuesday, October 30 and Friday November 2, 2018. ALIBABA Q3-2018 FINANCIAL RESULTS: Alibaba, (NASDAQ: BABA) the Chinese equivalent of Amazon, reported stronger-than-expected Q3-2018 earnings of US$[…]
Dear PGM Capital Blog readers, On Wednesday, October 17, Canada became the first major world economy, and the second country in the world, after Uruguay, to legalize marijuana. INTRODUCTION: Cannabis was banned in Canada from 1923 until regulated medical cannabis became legal in 2001. In response to popular opinion, Justin Trudeau, the leader of the Liberal Party of[…]
Dear PGM Capital Blog readers, Stocks fell sharply on Wednesday, October 10 and Thursday October 11, in a second straight scary day on Wall Street as investors dumped equities around the globe because of fears of rapidly rising interest rates, a possible global economic slowdown and overly ambitious tech valuations. WEDNESDAY, OCTOBER 10, 2018: On[…]
Dear PGM Capital Blog readers, In this weekend blog article, we want to take the opportunity to discuss with you, why investing in Royalty Trust Corporations, can be lucrative for Income investors. INTRODUCTION: A royalty trust is a type of corporation, (mostly in the United States or Canada) which typically own oil or natural gas wells, the mineral rights of wells,[…]