Jul 31, 2010

An article on Stuff.co.nz this week was headlined “Bullion bullish but beware the bears”. The excerpt below is taken from the beginning of the article (emphasis added is ours): The price of gold, now near nominal highs at more than US$1180 an ounce, is expected to climb further, analysts say. However, they warn New Zealand investors should be wary of...

Wild Bill’s Weekly Wanderings 26 July 2010 Following on from last week this week we feature more from people whose opinion we respect. Among the best is Eric King.  Eric operates with conviction – as does Eric Sprott. Last week, Eric K interviewed Eric S and I urge readers to check out the audio...

While the stats below from Casey Research are based upon the US Dollar price of gold, a glance at the 3 year gold chart in NZ dollars also show that the New Zealand winter has also been the preferable time to buy in recent times, so their thoughts are still worth considering for a New Zealander.  And if you have an interest in precious metals stocks then...

Wild Bill’s Weekly Wanderings 20 July 2010 This week, we are going to take a look out of our window on the world from down under – here in Auckland, New Zealand – and try to put a few things in perspective, adding some input from respected sources as we go. Everywhere we look, from geopolitics, to the environment, to the financial world, and,...

A simple graphic and a not quite so simple chart show why it is government debt that is the bubble rather than gold itself… THE END-GAME AND THE ILLUSORY GOLD BUBBLE When the end-game began, gold was $35 per ounce. Today, gold is $1200. When the end-game is over, gold will be far higher. Midway through 2010 we are approaching the end of the end-game, the...