Indicative Price to buy (Sat 10.40am NZ time):
1 oz Gold bar: $2152.80 1 kg silver bar: $1432.05

Will Iran Kill the Petrodollar?

Will Iran Kill the Petrodollar?

Feb 1, 2012

You may or may not have heard the potentially major news report that Iran is discussing with India the possibility of transacting oil purchases in gold rather than in US dollars.  It hasn’t been widely reported.  We first noticed it on debka.com, since then it has also been reported on RT.   In the last few days there have been reports that India may...

When Will Silver Reach a New High in USD and NZD?

When Will Silver Reach a New High in USD and NZD?

Jan 24, 2012

Following on from last weeks article looking at previous corrections in gold and the time it took to make new highs, we’ve also done the same thing with this new article from Casey Research.   We’ve looked at 3 major corrections in New Zealand dollar priced silver since 2005, comparing how deep the corrections have been and how many weeks it...

China’s gold imports from Hong Kong surge

China’s gold imports from Hong Kong surge

Jan 20, 2012

This week: - Gold Confiscation – Could it happen in NZ? - China’s gold imports from Hong Kong surge - Big buyer in Hong Kong - India back buying too - Chart of the week First up our feature article this week is in response to a reader question… Gold Confiscation – Could it happen In New Zealand? We discuss the history of confiscation and...

When Will Gold Reach a New High?

When Will Gold Reach a New High?

Jan 20, 2012

Here’s some great stats on how long it has taken gold to reach new highs in each of the 3 previous large corrections in the current gold bull market of the past 11 years.  While the below article is based upon the US dollar price of gold, it can give an indication of what to expect.   However we thought it was useful to look at the largest correction...

Gold Confiscation – Could it happen in New Zealand?

Gold Confiscation – Could it happen in New Zealand?

Jan 17, 2012

We recently received a question from reader J.M… “I just wanted to know if you had any info on if the NZ Government has the ability to ‘confiscate’ investors gold & silver. I have read some articles about this happening in the USA in the thirties and wonder if our govt. has the power/laws to do so?” Gold confiscation: a (very) short...