Feb 14, 2012
You’ve likely heard of reports via the media of problems with missing investor money at an Auckland bullion dealing and trading company over the past week. We’ve had the odd question from readers about the situation. We don’t know any more about it than anyone who has read the newspaper articles such as the two below, as we’ve had nothing to do with the...
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...
Jan 10, 2012
With another year past it’s time to reflect on the performance of gold and silver in New Zealand dollar terms. You may have read recently about how gold has again ended the year higher than it began. No big deal except for the fact it is the 11th year in a row that gold has done so! (In USD terms that is). Richard Russell the “grandfather” of...
Dec 20, 2011
It’s a question we get a lot from people we know (and those we don’t for that matter): “Is now a good time to buy silver bullion when holding New Zealand dollars?” Better buying silver now than 8 months ago Well, the first answer and one that doesn’t require a huge amount of insight is that it’s certainly a better time to buy silver bullion than 8...
Dec 6, 2011
A highlight of the recent Sydney Gold Symposium we attended was the panel discussion at the conclusion, which featured the 4 big names of the event: Eric Sprott – Sprott Asset Management John Embry – Sprott Asset Management Egon Von Greyerz – Matterhorn Asset management Ben Davies – Hinde Capital This was the...
Nov 29, 2011
Last week we were reading this Zero Hedge article with the rather long headline “Futures Plunge As Fed Discloses New Stress Test: Fears US Banks Will Need To Raise Tens Of Billions In New Capital”. It outlines how the US Federal Reserve is intending to stress test 6 large US banks against a “hypothetical” market shock (or should that have said a highly...
