May 10, 2013
Last week in our article How Much Further Could Gold in NZD Fall? we had a go at looking where gold might drop to if it was to fall further. Our gut reaction was that the recent price plunge was not over and done with and we could likely see at least a retest of previous lows. However it’s fair to say we were a bit on the fence as we could make arguments in...
May 2, 2013
For buyers of gold and silver things have gotten a bit more complicated of late. In what was often already a confusing market, there’s an extra question to ask now. It’s not just what will the spot price of gold and silver do, but also what will the premium above spot that the wholesalers charge do? New to all this and wondering “What’s the spot...
Apr 24, 2013
Well it has been a week or so of action to say the least. The plummeting prices have bought plenty of people out of the woodwork the world over it seems and New Zealand has been no exception. We’ve had the busiest week ever in terms of the actual number of people placing orders so hence it’s been hard to sit down and come up with something sensible to...
Mar 20, 2013
Unless you’ve been under a rock (or without broadband and TV for 3 days like me!) you will have no doubt heard about the “bail in” of banks via bank depositors in the small island nation of Cyprus. The proposal (which has since been voted down) was to tax – a.k.a. steal funds – up to 13% from all depositors to gain sufficient capital to get the...
Mar 12, 2013
- Comparing Money Supply, Government Inflation Statistics, Property Prices, and Gold Prices for the Last 10 Years “House prices double every ten years”, the old adage goes. So why is this? Well, we reckon the following chart pretty much answers the question. Source: tradingeconomics.com The chart is taken from a very intersting website called...
Feb 21, 2013
What are you experiencing? Pleasure or Pain? It probably depends on whether you own any gold or silver already (and also when you purchased it), or whether you’re intending to buy some in the near future. If you’ve bought in the past 2 years you could be experiencing some pain as you may well be underwater currently. Whereas if you’re looking to buy gold...
