Search Results for: "war on cash"

Early Signs of the War on Cash Down Under?

Cash Down

This Week: Why is the Gold/Silver Ratio at New Highs? NZ Dollar Holding Pattern? Early Signs of the War on Cash Down Under? Confirmation – World Trade Slumps China: More Troubles to Come and impact on NZ Special Today*****10 x 1oz Gold Kiwis going for $1942 each today 1oz NZ Mint 99.99% Gold Kiwi Ph 0800 888 465 and speak to […]

The International War on Cash

The International War on Cash

We’ve published other articles showing how the use of cash is diminishing in recent months (see Prove You’re Not a Terrorist – The War on Cash and The World’s First Cashless Society Is Here – A Totalitarian’s Dream Come True).   This article summarises the slow but steady creep of clamp downs on cash. Then it also extrapolates out […]

Prove You’re Not a Terrorist – The War on Cash

Prove You’re Not a Terrorist - The War on Cash

The global “War on Cash” is really heating up. Read on to see just how many restrictions are being put in place across a whole swath of countries. How are things here in New Zealand in this respect? We’re still a bit behind many others (thankfully). However where they go we’re likely to follow eventually. Just like we have done […]

RBNZ Now Researching a Central Bank Digital Currency – Reading Between the Lines

RBNZ Now Researching a Central Bank Digital Currency – Reading Between the Lines

RBNZ Previously Said It Was “Too Early” For a Central Bank Digital Currency: Back in June 2018, we reported on a bulletin from the Reserve Bank of New Zealand. It discussed how a digital currency could be issued by a central bank and what the pros and cons of this would be. See: RBNZ on […]

What Would Negative Interest Rates Mean for New Zealand?

What Would Negative Interest Rates Mean for New Zealand_

A couple of weeks ago we reported on the prospect of negative interest rates arriving in New Zealand as soon as November.  The Westpac chief economist expected the RBNZ to signal its change of plan in its August Monetary Policy Statement, and make a 75-point cut to -0.5% in November. Since then we’ve had a […]

RBNZ Slashes OCR – The Race to the Bottom is Speeding Up and NZ Won’t Be Left Behind!

Prices and Charts Looking to sell your gold and silver?Visit this page for more information Buying Back 1oz NZ Gold 9999 Purity $2170 Buying Back 1kg NZ Silver 999 Purity $768 NZ Dollar Plummets After Surprise Rate Cut We’re a little late with this today as we were waiting on the RBNZ OCR decision. We […]

Is the RBNZ Preparing to Scrap the New Zealand $100 Note?

Is the RBNZ Preparing to Scrap the New Zealand $100 Note?

Over the years we’ve reported on the war on cash and how various countries have been removing high denomination notes. Here’s some evidence that the Reserve Bank may be preparing to scrap the New Zealand $100 note. This would be the biggest step in the war on cash in New Zealand to date.   Last week […]

Why More Cash is Being Hoarded NOT Circulated

More-Cash-is-Being-Hoarded-NOT-Circulated

This Week: Problems with the RBNZ Bank Stress Tests The Problem with a Central Bank as Sole Issuer of Currency Maybe A Cashless Society is Still a Way Off Prices and Charts Looking to sell your gold and silver?Visit this page for more information Buying Back 1oz NZ Gold 9999 Purity $1764 Buying Back 1kg NZ Silver 999 Purity $715 NZD Gold Down Due […]