Dear PGM Capital Blog readers, On Thursday, October 18th 2012, after the bell, Souther Copper Corporation  (NYSE: SCCO, ISIN US84265V1052) announced a blockbuster Q3-2012, dividend of USD 2.75 a share payable on November 21st 2012, to shareholders of record on November 8th 2012. This Q3-2012 dividend payment will be the company’s highest dividend payout ever. Source: About the[…]

An absolute killer day on the markets and some investors might have thought to celebrate the 25th anniversary of Black Monday with a nice sell off 🙂 Jokes aside, the US markets had a major down correction, which was based on multiple missed earnings and failed aid for Spain at the EU summit. This market[…]

Interesting day and as expected the markets closed in the red towards the end. The European markets are still somewhat in a positive mindset that something magical will happen at the EU summit and therefor the markets were up, but Europe will get a reality check fairly soon. The big story today was Google and[…]

Still a green day, but the bull run slowed down dramatically in the equity markets. Gold and Oil closed unchanged, but the white precious metals made a big jump with Palladium (+2.03%) leading the pack. Also the base metals had a good gain with Lead (+1.64%) and Nickel (+1.59%) leading the group. On other big news,[…]

Today its green figures all over the board, with the European markets being very bullish on speculation that Spain may seek aid, which also led the Euro to new highs. The US markets continued its bull run, fueled by the very positive US industrial production numbers and good news on the corporate earnings front. Citigroup’s[…]

Interesting markets today and last Friday. Friday the markets were having a big sell off on all sides. Today the equity markets recovered on some hopeful news, but a lot of commodities and precious metals were taking a nosedive and continued there sell off from last Friday. It is somehow interesting that the equity markets[…]