Miami Real Estate
Representing real and increasing value, Miami has some stunning real estate which has long been popular with SGM-FX clients. Novak Djokovic who is not a SGM-FX customer (yet) has just snapped up a $6.4 million apartment at 87 Park which overlooks Miami Beach and is surrounded by a 35 acre park. While Djokovic is as we know sharp as a tack on court, he should convert that Wimbledon success by signing up for a SGM-FX Currency Card for his personal and corporate use- it would go so well in his wallet alongside his Netjets ambassador’s card
Greece
Taking advantage of the latest sharp drop in global government bond rates generally and European government bond rates particularly, Greece mandated 6 international banks to get a new 7 year bond away for the Republic. This latest offering reflects a remarkable rehabilitation for Greece which at one point looked a hopeless financing case. On the subject of value, having recently returned from business trips to both Greece and Germany, it is apparent which represents better value to the business or leisure traveller…and it’s not Germany!
Crypto Versus Wimbledon
Market watcher James has been keeping us entertained at SGM-FX HQ with his commentary on Bitcoin (BTC) and its journey this year from a start in January below $4,000 to a doubling in June to $8,000 before soaring to $12,500 later in the month before crashing back to $10,500. So far in July it’s bounced back to $12,500 before failing to break through that level and ….today crashing back below $10,000. Watching James watching that chart is almost as entertaining as watching the Wimbledon crowd following the exchanges between Federer and Djokovic……….almost
Discussion and Analysis by Humphrey Percy, Chairman and Founder

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Fujairah For those readers who are less familiar with the Emirate states that make up the UAE, Fujairah, and Ras Al Khaimah are the less glamorous relations of Dubai and Abu Dhabi with low-cost housing, largely immigrant labour accommodation and heavy industry rather than swanky lifestyle and up market shopping malls. With the new oil […]
Mariannes In addition to gold coins such as South African Krugerrands, Canadian Maple Leafs, and American Gold Eagles, from June 16 you will once again be able to buy French Mariannes. The last time France minted gold coins was mostly in the Napoleonic era and appropriately they were called Napoleons and were issued between 1803 […]
EU capital markets As we have written before, for the EUR to become a global reserve currency requires a number of pre-conditions which largely stem from the establishment of an integrated EU Capital Market. Brussels is accused of dragging its feet if not actually being obstructive so the 6 largest countries have banded together to […]