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1 June 2018 2017 ESTMA Report – Petrocapita Income Trust – May 31, 2017 – Please see attached PDF for the 2017 ESTMA Report   » read more
2 June 2017 2016 ESTMA Report – Petrocapita Income Trust – May 30, 2017 – Please see attached PDF for the 2016 ESTMA Report   » read more
17 May 2016 2015 Unitholder Update   » read more
2 December 2015 Petrocapita Announces Convertible Debenture Financing   » read more
30 November 2015 Petrocapita Announces 2015 Third Quarter Results   » read more


Petrocapita Founder in EM Watch

“I believe that the expansive monetary policies underway globally can only serve to fuel speculative activities at this point. Of course, more speculation is exactly the opposite of what is required – someone has to produce something and production requires genuine capital. But since the needs of the political and banking classes largely dictate monetary policy what might we expect in the future? Clearly the sovereign defaults that are underway will not improve bank balance sheets. Therefore, I think we should anticipate additional monetary expansion (bailouts) which is just another way of saying currency devaluation. If history is a guide, the monetary steps that are being taken to “solve” the unfolding sovereign solvency crisis may only serve to morph it into a fully fledged currency crisis with a flight out of financial assets. Do we really want to experience this on a global scale just like the fools Erasmus had in mind?”



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