Dear PGM Capital Blog readers, This weekend I would like to talk with you about investing in Silver. Silver is a metallic chemical element with the chemical symbol Ag (Latin: Argentum), Unlike gold, which is predominantly a precious metal, of which 90% of its mined output is being saved, 90% of all mined silver, on the other hand, continues to be utilized for industrial purposes: Silver is needed[…]
Today has been a very interesting day on the markets with mixed news. Europe and the Euro closed stronger today on positive corporate news and the US jobs report, but it is interesting that the Spanish ratings downgrade from S&P and lingering concerns over Greece had no big effect on today’s markets. The US market[…]
An all red day again, with the only exception being Silver (+0.35%). There is continuing uncertainty about the global debt issues, especially in Europe for which IMF head Christine Lagarde sent a clear message towards the European political leaders to make some decisions. The market is clearly in “awareness mode” again, where every news can[…]
Another negative day for most equity markets around the globe, because the IMF issued a growth warning on the global economy and the European debt crisis is continuing to dominate the headlines around the world with German Chancellor Angela Merkel visiting Greece. On the other hand Oil and US Dollar are up. The US Dollar[…]
Big day for Europe and their finance ministers which are meeting in Luxembourg today. The Euro and European markets were losing on the official launch of the ESM and that Spain is holding back on its bail-out request. The first big decision from the meeting is that the Eurogroup approves an EUR 4.3 billion aid[…]
Today the US Job numbers dominated the market and its direction. The European markets closed solidly higher after the positive jobs report, but most commodities were beaten down all day. The US markets opened high in the beginning but closed near zero or negative in the end, because some index heavyweights pulled the index down.[…]