Dear PGM Capital Blog readers, On Monday, April 20, the Central Bank of the Russian Federation (CBR) published its official reserve assets report that indicated, that the country has added 30.5 tonnes of gold (981,500 troy ounces) to its reserves in March 2015. The massive purchase is the largest since September last year and is valued at[…]
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 April 13, 2015: On Wednesday, the US-Treasury Department said that Japan overtook China in February as the top[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition we want to elaborate on the biggest energy deal in a decade: Royal Dutch Shell, (LSE:RDSA) buying BG Group plc (LSE:BG), for 70 billion US-Dollars. ABOUT ROYAL DUTCH SHELL: Royal Dutch Shell plc, is an Anglo-Dutch company that operates as an independent oil and gas company worldwide.[…]
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 March 16, 2015: China’s Stocks on 7-year High. EU losing patience with Greece. CHINA’S STOCKS ON 7-YEAR HIGH:[…]
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 March 9, 2015: The rising Dollar and importing deflation in the USA. US-Markets drop for third week in[…]
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 February 2, 2015: Oil post best week since 1998. Teva Pharmaceutical Q4-2014, Net Income increased with 78%. USA[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you why investing in the Chinese Oil Company, CNOOC Ltd., (0883.HK) can be so lucrative. ABOUT CNOOC Ltd.: China National Offshore Oil Corporation, or CNOOC Group, is a major national oil company in China. It is the third-largest national oil company in[…]
Dear PGM Capital Blog readers, On Friday November 28th, the national debt of the United States officially surpassed 18 trillion US Dollars, of which the debt held by the public rose to US$12,922,681,725,432.94, an increase of US$32 billion in one day, as can be seen from below screenshot. The Congressional Budget Office (CBO) released two startling reports[…]
Dear PGM Capital Blog readers, In this weekend’s blog edition, we want to discuss with you why Oil and commodities prices are falling and are now at a 5-year low. CRUDE OIL: Oil futures on Friday, November 28th, settled at their lowest level in five years as the Organization of the Petroleum Exporting Countries’ decision to keep[…]
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 November 17, 2014: Japan Back into Recession: China Lowers Interest rate: Russia continues to expand its Gold[…]