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

Gold Symposium Sydney: Egon von Greyerz Apocalypse Soon

Gold Symposium Sydney: Egon von Greyerz Apocalypse Soon

Nov 28, 2011

Very apocalyptic indeed was the title of Egon von Greyerz of Matterhorn Asset Management’s presentation at the Sydney Gold Symposium… “A Return to the Dark Ages” However given his gloomy title he had a collection of somewhat edgy but humorous slides to lighten the mood. We’ve seen von Greyerz perform pretty well on CNBC in the past and he was just...

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 Coming Currency Crisis

We’ve mentioned a number of times that it was during a dinner presentation by Bud Conrad that the seed of an idea that turned into GoldSurvivalGuide sprouted.  So we personally have an extra reason to pay attention to what he has to say, besides the fact that his predictions have been very accurate over the past few years.  The following article was...

Increase in debt ceiling: Gold to rise to $1950 by years end?

Gold rises strongly   We have said many times before that the precious metals markets are notoriously difficult to time.  This morning is pretty good confirmation of that.  Gold is doing the complete opposite of what many predicted post a debt ceiling agreement (we won’t even get into that as I’m sure you know how phony the agreement is...

Debt ceiling legislation hides a power grab

The song remains the same this week.  Gold and silver up but the kiwi dollar up too, so we remain in this sideways trading range that we have been in for sometime. The markets too seem trapped in a range – all eyes and ears transfixed, awaiting word from the US on their “debt ceiling”.  It seems very unlikely that in the end they won’t...