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...

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...

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...

Jan 11, 2011

We often get asked, “Is now a good time to buy gold in NZ dollars?” Back in November I read a great interview from Chris Weber, who we pay close attention to, as he did well in the 1970’s bull market and always writes insightfully. It’s hard to argue with the answer that he gave in this interview on this very question of  “Do you recommend buying...

Dec 1, 2010

Could this be the start of the next significant rise in the New Zealand dollar price of gold? If history is any guide it could well be… NZD gold price has risen sharply the last 2 weeks The New Zealand dollar (NZD) price of gold has risen quite sharply over the last half of November.  Today as I write it is at $1860 having risen from a low of $1730 in mid...