2011 - 2012

All through 2011 and 2012 till the month of August (2012), Pinemont`s executives worked with key customers to counteract numerous erroneous market analysis and predictions made by various banks and brokerages with the aim of investing profitably on the back of a continuously falling interest rate level.

Pinemont has correctly forecasted the Norwegian Kroner's interest curve and its varying steepness in every year of the firm's near 20 year history. At the beginning of 2011, 9 out of 10 of the high profile analysts covering the NOK and its interest rate were predicting steep increases in the interest rate. Nearly every month one or more of the banks and market participants warned of imminent strong interest hikes by the Bank of Norway.  

We are proud of our stance: The only market participant with an unbroken record of correct interest rate predictions. 

Pinemont has also been critical of a number of international bonds purchased by institutions and individuals listening to the wrong kind of “experts”. The list includes bonds issued by the Governments of the aptly named  “Club Med Nations”. 

2007 - 2009

In 2007 Pinemont recommended all its clients and friends to sell speculative shares and instead buy AAA bonds guaranteed by the Government of the USA, Germany and Norway. We initiated and placed in its entirety a bond issue by Kommunalbanken AS in December 2007/January 2008. These bonds outperformed the Scandinavian stock markets by a huge margin.

2008 and 2009 were excellent years for Pinemont and we made healthy profits. 

This result reflects the company's anticipation at the end of 2007 of suspension of economic stability and the coming turbulent conditions in financial markets. Clients took the opportunity to reduce risk exposure and to increase investment in good quality bonds, the sector in which Pinemont specialises.