Search Results for: "war on cash"

The Problem with a Central Bank as Sole Issuer of Currency

The Problem with a Central Bank as Sole Issuer of Currency

There is a push to stop commercial banks issuing money and reserve this role for central banks to be the sole issuer of currency. What’s the problem with this idea?   This year we’ve covered extensively how the Reserve Bank of New Zealand (RBNZ) has been looking into the pros and cons of creating its […]

Convincing Your Friends and Family About the Need to Buy Gold

This Week: Why Gold Bullion is Your Financial insurance All $10,000 Cash Transactions and $1,000 International Transfers Now Reported to N.Z. Police Rickards: Gold Price Has Been Locked to SDRs and Global Monetary Reset is Under Way Prices and Charts Looking to sell your gold and silver?Visit this page for more information Buying Back 1oz […]

All $10,000 Cash Transactions and $1,000 International Transfers Now Reported to N.Z. Police

All $10,000 Cash Transactions and $1,000 International Transfers Now Reported to N.Z. Police

Last March we wrote about the upcoming changes in financial reporting requirements in New Zealand. New Banking rules set to come into force in November will mean any cash transactions over $10,000 will have to be reported to police by New Zealand banks. On top of this banks will also have to alert the Police […]

Experienced Trader Says Gold Bugs Are Depressed

This Week: What Type of Silver Bar Should I Buy? RBNZ: Too Early to Say for Central Bank Digital Currency – Reading Between the Lines The Chicago Plan: The Final Assault in the War on Cash Prices and Charts Looking to sell your gold and silver?Visit this page for more information Buying Back 1oz NZ Gold 9999 Purity $1766 Buying Back 1kg […]

RBNZ on Central Bank Digital Currency and Negative Interest Rates

RBNZ on Central Bank Digital Currencies and Negative Interest Rates

The RBNZ today released another article on digital currencies, this time looking at the pros and cons of a central bank issuing a digital currency. The article focuses on how a public digital currency might affect four key central bank functions: Currency distribution Payments Monetary stability Financial stability The article makes 6 assumptions in looking […]

Visa Outage in the UK Shows Importance of Having Cash Reserves

This Week: Gold Purity and Silver Purity – A Complete Guide Why You Should Become Your Own Central Bank – Even if Your Nation’s Central Bank Has Gold Reserves Visa Goes Down in the UK, Chaos Ensues, Cash is Suddenly King Prices and Charts Looking to sell your gold and silver?Visit this page for more […]

BNZ System Failure Highlights the Need to Keep Some Cash on Hand

This Week: RBNZ Prepared to Print Money and Implement Negative Interest Rates in a Crisis BNZ Failure Highlights the Need to Keep Some Cash on Hand Larger Range of Gold and Silver Products and Website Shop Update Prices and Charts Looking to sell your gold and silver? Visit this page for more information Buying Back 1oz […]

RBNZ Cryptocurrency to Replace NZ Physical Currency with a Digital Alternative?

In researching another topic we stumbled across a report from the Reserve Bank of New Zealand (RBNZ)  on cryptocurrencies. We missed it back in November. It was titled: Crypto-currencies – An introduction to not-so-funny moneys It’s actually not a bad primer on cryptocurrencies for the uninitiated. The conclusion indicates that perhaps the RBNZ is not […]

Another sign of De-Dollarisation

  This Week: 12 Reasons Why Gold and Silver Will Rise in 2018 The Stealth Rally in Gold Continues Why Does Gold Demand Remain Strong in the East? We’re “in the News”: Downside of Going Cashless Prices and Charts Looking to sell your gold and silver?Visit this page for more information Buying Back 1oz NZ […]