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

Carry Trades, the New Zealand Dollar and Gold

Weekly Wanderings 21 October 2009 This week the US dollar carry trade, gold and scary charts!…  Each week over at MaxKeiser.com, Max and Stacy present a radio show entitled “The Truth about Markets”. There are at least two variants of the show, with one slanted towards Christchurch (New Zealand) listeners. In this WW, I summarize the points discussed this...

The Role of Derivatives in the Financial Crisis

Weekly Wanderings 6 October 2009 As usual in these weekly musings we present you with interesting items we’ve come across during the week…   From Max Keiser this week at www.maxkeiser.com comes an interview with Janet Tavakoli, an expert among experts on structured finance – you know, all those things with funny acronyms like CDO, CDS, SIV, ABMS (A.K.A...

Weekly Wanderings 22 September 2009

As usual in these weekly musings we present you with interesting items we’ve come across during the week…  From Bill Bonner of the Daily Reckoning comes this little summary. Let’s get this straight. Household credit is shrinking… Profits are shrinking… Employment is shrinking… Housing values are shrinking… The wage base is...

Weekly Wanderings 16 September 2009

As usual in these weekly musings we present you with interesting items we’ve come across during the week… The financial news is coming fast and furious at the moment… Last week gold closed at its highest weekly closing price in history…. This week we return to two commentators we have featured before in these pages, Gerald Celente of the Trends Research...

Weekly Wanderings 2 September 2009

Each week in these meanderings we not only bring you timely economic discussion, we also draw to your attention some of our favourite sources of economic news and commentary. This week we kick off with Dr Chris Martenson, whom we reference elsewhere on our site. Chris runs a subscription site, but occasionally releases reports for public consumption. The...