Kiwi Dollar Takes a Dive and Helps Out Precious Metals

Kiwi Dollar Takes a Dive and Helps Out Precious Metals

May 9, 2012

This week: Kiwi takes a dive and helps out precious metals Real Interest Rates in New Zealand: What can they tell us about when to buy gold Gerald Celente in Trends Journal – NZ a good place to escape to. Shanghai Futures Exchange starts silver futures trading Good time to buy Gold and Silver in NZ? How a Silver bar quote is put together Kiwi takes a...

Real interest rates in New Zealand: What can they tell us about when to buy gold?

Real interest rates in New Zealand: What can they tell us about when to buy gold?

May 8, 2012

Last Wednesday we commented on Reserve Bank Govenor Bollards recent announcement to hold NZ interest rates as they are. And his comment that “Should the exchange rate remain strong without anything else changing, the bank would need to reassess the outlook for monetary policy settings.” What will the Reserve Bank of New Zealand do in coming months? Will...

How much has the NZ dollar been devalued since 2000?

Well it has been a few days of action the world over.  Massive market declines with conversely massive rises in gold.  Riots in England.  The ECB announces a bond buying program for Italian and Spanish debt.  S&P downgrades US treasuries.  Silver suffered an initial big drop held up pretty well but is now falling again.  Markets have bounced today...

The Road to Perdition: inflation, US dollar/NZ dollar carry trade and more

The Road to Perdition: inflation, US dollar/NZ dollar carry trade and more

Jul 17, 2011

This interview is very timely following Fed Head Bernanke’s comments this week on it’s options for further stimulation.  He spoke about how the Fed had the option if the economy worsened to lower the interest rate that it pays banks to keep their reserves deposited with the Fed.   Read on to discover the impact this would have on inflation...

How I Know Another Gold Correction Is Coming

The following article is looking at Gold priced in US dollars, but as we say time and time again it’s the local New Zealand dollar price you need to track (if you’re buying in NZ that is).  With the kiwi dollar at record highs this is creating somewhat of a magnified correction with the NZ dollar gold price compared to the commonly quote US dollar...