Indicative Price to buy (Sat 10.40am NZ time):
1 oz Gold bar: $2152.80 1 kg silver bar: $1432.05

Bank Failures – Could they happen in NZ? The Reserve Bank thinks so

Bank Failures – Could they happen in NZ?  The Reserve Bank thinks so

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...

PAPER BANKNOTES & THE INDEBTING OF NATIONS

It’s been a while since we featured anything from Darryl Schoon.  We always enjoy his writings as we pick up a few bits of monetary history we’ve previously not heard.  In this article he runs through the history of paper money and its travel from East to West and now back again.  Why do we care about monetary history?  Simply, because if we...

The Economic Crisis, Part II: Video Interview with Bud Conrad

Here is the 2nd part of a video interview with Bud Conrad – Chief Economist of Casey Research (Here’s the first part: The Economic Crisis, Part 1: Video interview with Bud Conrad). In this video Bud discusses: The purposeful obfuscation of the US Federal Reserve structure. Precious metals Energy and in particular natural...

The Greatest Danger America Has Ever Faced

Unless you’ve been out bush the past few weeks you couldn’t have helped but hear more of the ongoing problems in Europe, particularly Greece and discussions of “austerity measures” and a further bailout.  Also happening in Europe but not widely covered are some seriously large falls in the value of some major banks share prices in the...

Instead of negative, could it be positive news that sends gold on its next leg up?

Instead of negative, could it be positive news that sends gold on its next leg up?

Jun 22, 2011

Much of the talk, both mainstream and “underground” on the internet is currently centred on what the next “black swan” will be.  Will it be a Greece default? More middle eastern riots and government overthrows? A break up of the Euro-zone, or the (comical) US debt ceiling not being raised, that causes gold to lurch higher?  (Truth be told these...