Gold and Silver at 2-year High

Dear PGM Capital Blog readers, Thursday, June 30th marked the end of the second quarter and first half of 2016. THE GOLD PRICE: Gold futures advanced 8.5% in June, 6.9% in the second quarter, and 24.6% in the first half of 2016. On Friday July 1st, the yellow metal, rose with US$ 19,09 or 1.45%[…]

Highlights of the Week of June 13, 2016

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 June 16, 2016: Germany’s 10-year sovereign bond yield turn negative for the first time. The USA[…]

Disappointing May 2016 USA Job Report

Dear PGM Capital blog readers, On Friday, June 3, 2016, the USA Bureau of Labor Statistics reported that the country’s economy only added 38,000 nonfarm payrolls jobs in May, well below the 160,000 gain anticipated by analysts. The increase was the smallest registered since early 2010, when the US economy was losing jobs. On top[…]

Are Gurus betting on a coming Storm?

Dear PGM Capital Blog readers, Billionaire investor George Soros and his former partner Stanley Druckenmiller, who made a fortune betting against the British pound in 1992, disclosed on Monday, May 16, big bet on gold during the first quarter of this year this according to their regulatory filings. GEORGE SOROS: During the first quarter the[…]

Has a new upcycle begun for Precious metals?

Dear PGM Capital Blog readers, For investors, the last 12-months and in particular this year has been one gigantic roller coaster ride. We began the year 2016, with the worst two-week start in recorded history for the U.S. Indexes, after the first 10 trading sessions, all three major U.S. indexes were showing losses of between[…]

Highlights of the Week of April 25, 2016

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 25, 2016: China’s central bank guided the yuan higher at the sharpest pace since 2005.[…]

Oil Rigs count to 6-year low is time to invest in Oil?

  Dear PGM Capital Blog readers, On Friday, April 22, in its weekly release, Houston-based oilfield services company Baker Hughe (NYSE: BHI) reported another record fall in the U.S. rig count (number of rigs searching for oil and gas in the country) from the previous week. As can be seen from below chart, the USA[…]

Have we reached the End Of the Coal Era?

Dear PGM Capital Blog readers, On Wednesday, April 13th, Peabody Energy (NYSE: BTU), the largest U.S. coal miner, filed for bankruptcy, marking the end of an era for big publicly traded companies that have fueled American industry for more than a century. Peabody was the last major U.S. coal miner still standing. Arch Coal, Alpha Natural Resources,[…]

Why Investing Royal Dutch Shell can be so Lucrative

  Dear PGM Capital Blog readers, In this weekend’s blog article, we want to discuss with you why investing in Royal Dutch Shell can be so lucrative. INTRODUCTION: Royal Dutch Shell plc (RDSA.AS or RDSA.L or NYSE: RDS.A), commonly known as Shell, is an Anglo-Dutch multinational oil and gas company headquartered in the Netherlands and incorporated in the[…]

Under the hood of the USA March 2016 Jobs Report

Dear PGM Capital blog readers, On Friday, April 1, 2016, the USA Bureau of Labor Statistics reported that the country’s economy added 215,000 nonfarm payrolls in March, beating market expectations. The private sector hired 195,000 workers. But wages grew a mere 2.3% compared to a year ago. It’s especially disappointing because the economy has added[…]