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...

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...

Why Has Gold Been Down?

Why Has Gold Been Down?

Jan 13, 2012

Outlined in this article are some of the reason as to why gold has been falling in recent months.  (On top of these someone a bit closer to home, Bron Suchecki of the Perth Mint, has outlined how Indian demand has been a big factor too.) So, has the bull market in gold finished?  Well we agree with everything Jeff Clark has to say in the following article...

Was 2011 a Dud or a Springboard for Gold?

Was 2011 a Dud or a Springboard for Gold?

Jan 10, 2012

We’ve just completed our own 2011 review of gold and silver in NZ dollar terms.  In the following article Jeff Clark shows us that surprisingly US treasuries were the best performing sector of 2011.  So is this the place for our money in 2012 or does gold still look strong from a fundamental point of view?  And how do treasuries compare over a slightly...

CHINA, 2012 AND VON MISES’ CRACK-UP BOOM

CHINA, 2012 AND VON MISES’ CRACK-UP BOOM

Jan 10, 2012

Well here we are in 2012.  No doubt you’ve heard about the “Mayan prophecy” and how December 2012 is when the Mayan Calendar ends.  We’ve mulled this over ourselves lately.  There’s certainly much changing in the world in all spheres – financial and economic obviously, but also environmental, political and sociologically...