A Bear Market for Stocks in 2022?

A Bear Market for Stocks in 2022?

Prices and Charts

Change from last weeks gold and silver prices

Looking to sell your gold and silver?

Visit this page for more information

Buying Back 1oz NZ Gold 9999 Purity $2666
Buying Back 1kg NZ Silver 999 Purity $1110

NZD Gold Finally Breaks Above $2700

Gold in New Zealand dollars jumped $87 from 7 days ago. The 3.25% rise saw gold at last break above the $2700 resistance line it had been bumping up against since November.

But gold has jumped so quickly that the RSI overbought/oversold indicator is now into overbought territory above 70. With major resistance at the $2800 mark, we’d guess that gold will struggle to get too much higher than that for now. So watch for a pullback in the coming days. Perhaps even for a chance to buy back close to the breakout point of $2700?

However gold looks to be on the next leg up. Maybe we will even see the 2020 all time high at $3150 challenged later this year?

NZ Dollar Gold Chart

NZD Silver Jumping Over 3%

Silver in New Zealand dollars also jumped over 3% this past 7 days. Although unlike gold, silver has pulled back since Monday, after touching the blue downtrend line.

Silver could yet bounce up and down between say $32 and $36 for a bit longer. Thereby getting even more compressed. However silver looks to be building for a breakout above the downtrend line before too much longer.

NZ Dollar Silver Chart

NZD Fall Boosts Local Prices Higher

The New Zealand dollar weakened by 82 basis points this past week. Thereby giving the local prices a boost higher compared to the USD price for gold and silver. So the downtrend that the Kiwi has been in for all of 2021 continues. Although watch out for a bounce higher in the short term as the dollar approaches oversold levels.

The weaker Kiwi dollar was one call we got right in our punts for 2021. See how we did with the rest of them in this week’s feature article below. We also have our guesses for 2022.

NZ Dollar Chart

Need Help Understanding the Charts?

Check out this post if any of the terms we use when discussing the gold, silver and NZ Dollar charts are unknown to you:

Gold and Silver Technical Analysis: The Ultimate Beginners Guide

Continues below


—– OFFER FROM OUR SISTER COMPANY: Emergency Food NZ —–

Long Life Emergency Food

90 serve organic emergency food

These easy to carry and store buckets mean you won’t have to worry about the shelves being bare…

Free Shipping NZ Wide*

Get Peace of Mind For Your Family NOW….

  
—–

Gold & Silver Performance: 2021 in Review & Our Guesses for 2022

It’s a bit later than normal. But we finally have our annual review of the performance of gold and silver in New Zealand dollars. We’ll also look back on our predictions from the start of 2021. Then finish off by making a few guesses as to what 2022 might hold in store for us…

Gold & Silver Performance: 2021 in Review & Our Guesses for 2022

Gold Survival Guide Android App
Download on Google Play

Your Questions Wanted

Remember, if you’ve got a specific question, be sure to send it in to be in the running for a 1oz silver coin.

Win a silver coin

A Bear Market for Stocks in 2022?

One of our “predictions” for 2022 was that Central banks will cause a stock market crash (more than 20%) by withdrawal of stimulus. So we will see them promptly reverse course and pump more back into global economies. Hence real interest rates will continue to be negative.

Today we noticed in our notes a tweet from Jim Rickards from back in December along the same lines (maybe we saw it there first?!).

Jim Rickards
@JamesGRickards
The last time the Fed tried a taper/rate hike exercise (2013-2018) they caused the stock market to crash 20% (Oct-Dec 2018) then they reversed course. This time the tempo will be faster, so we should expect the market to crash sooner.

The US stock market has been falling so far this year. It’s probably due a bounce after such a sharp drop. But we get the impression that the prevailing attitude is still to “buy the dip”.

So a 20% or more fall would likely take many by surprise. The Market Ear recently pointed out the similarities in comments by the current US central bank head, Powell and that of Alan Greenspan back in 1996 prior to the dotcom crash.

25 years later: watered down version of “irrational exuberance”

Dec 1996: “But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?” (Greenspan)

Dec 2021: “Asset valuations are ‘somewhat elevated.” (Powell)

Now we’re not saying there has to be a huge 50% sharemarket crash. With the way central banks operate these days we imagine they’d reverse course on any rate hikes if anything close to that kind of fall took place. Doing their best to pump things back up again.

But while – hopefully – 2022 is the year we can finally bid goodbye to the pandemic, we imagine it might hold a few surprises in store for us still. The effects of the mountains of currency printing and government spending over the past 2 years will likely start to become more obvious this year.

Make sure you have enough insurance in place to weather any storm.

So get in touch if you’d like a quote and all the best for 2022…

  1. Email: orders@goldsurvivalguide.co.nz
  2. Phone: 0800 888 GOLD ( 0800 888 465 ) (or +64 9 2813898)
  3. or Shop Online with indicative pricing

— Prepared for the unexpected? —


Never worry about safe drinking water for you or your family again…

Big Berkey

  The Berkey Gravity Water Filter has been tried and tested in the harshest conditions. Time and again proven to be effective in providing safe drinking water all over the globe.

This filter will provide you and your family with over 22,700 litres of safe drinking water. It’s simple, lightweight, easy to use, and very cost effective.

Shop the Range…

—–



This Weeks Articles:

Gold & Silver Performance: 2021 in Review & Our Guesses for 2022

Wed, 26 Jan 2022 1:01 PM NZST

It’s time for our annual review of the performance of gold and silver in New Zealand dollars. We’ll also look back on our predictions from the start of 2021. Then finish off by making a few guesses as to what 2022 might hold in store for us… 2021 was indeed a surprising year. COVID continued […]

The post Gold & Silver Performance: 2021 in Review & Our Guesses for 2022 appeared first on Gold Survival Guide.

Read More…

Not Much Volatility in Precious Metals This Holiday Period

Wed, 12 Jan 2022 8:58 AM NZST

Prices and Charts Looking to sell your gold and silver? Visit this page for more information Buying Back 1oz NZ Gold 9999 Purity $2581 Buying Back 1kg NZ Silver 999 Purity $1039 Happy New year to you! Here’s hoping this year sees an awakening of even more people and an end to the craziness of […]

The post Not Much Volatility in Precious Metals This Holiday Period appeared first on Gold Survival Guide.

Read More…

Why Buying This Year is Better Than Waiting Until Next Year

Wed, 22 Dec 2021 1:38 PM NZST

Why Buying This Year is Better Than Waiting Until Next YearPrices and Charts Looking to sell your gold and silver? Visit this page for more information Buying Back 1oz NZ Gold 9999 Purity $2545 Buying Back 1kg NZ Silver 999 Purity $1031 NZD Gold Challenges 12 Month High Mark Yet Again Gold in NZ dollars did indeed break out of the short term wedge formation […]

The post Why Buying This Year is Better Than Waiting Until Next Year appeared first on Gold Survival Guide.

Read More…

Investment: Is Gold better than Property, Shares and Crypto?

Mon, 20 Dec 2021 4:02 PM NZST

is-gold-better-than-properties-share-crypto-imgA brief history of all markets The beauty of investing in gold is that because of its durability, finite supply, and reliable demand, it retains its value. Or at least never falls to zero. Unlike cryptocurrencies, gold has a long, proven track record of providing a safe haven during economic uncertainty by retaining its value […]

The post Investment: Is Gold better than Property, Shares and Crypto? appeared first on Gold Survival Guide.

Read More…
As always we are happy to answer any questions you have about buying gold or silver. In fact, we encourage them, as it often gives us something to write about. So if you have any get in touch.

  1. Email: orders@goldsurvivalguide.co.nz
  2. Phone: 0800 888 GOLD ( 0800 888 465 ) (or +64 9 2813898)
  3. or Online order form with indicative pricing


7 Reasons to Buy Gold & Silver via GoldSurvivalGuide

Today’s Prices to Buy
1oz NZ 99.99% pure gold bar
1oz NZ Gold Ingot
$2,871.80
1kg ABC 99.95% pure silver bar
1 Kilo NZ Silver Bar
$1,287.50 or local silver bar $1,271.00 
Order Now Button
1kg “Scottsdale Gold” Bar 99.99% with unique serial number

$91,750.04
1 oz Gold PAMP Suisse Lady Fortuna Minted Bar with Certificate
1oz Pamp gold bar
$2,991.10  (in stock)
1oz Canadian Gold Maple 99.99% pure gold coin (2020)
Gold Maple
$2,974.50  (in stock)
1 oz RCM Silver Maple Coin
(Minimum order size tube of 25 coins)

Silver Monster Box
Tube of 25: $1142.75 (pick up) (Pre-order 2022 maples expected 11 February)
Box of 500:

$22,887.42 (Pre-order)

(Fully insured and delivered)

Order Now Button

Note:

  • Prices are excluding delivery
  • 1 Troy ounce = 31.1 grams
  • 1 Kg = 32.15 Troy ounces
  • Request special pricing for larger orders such as monster box of Canadian maple silver coins
  • Lower pricing for local gold orders of 10 to 29ozs and best pricing for 30 ozs or more.
  • Foreign currency options available so you can purchase from USD, AUD, EURO, GBP
  • Plus we accept BTC, BCH, Visa and Mastercard

Order Now Button

Can’t Get Enough of Gold Survival Guide?
If once a week isn’t enough sign up to get daily price alerts every weekday around 9am Click here for more info

We look forward to hearing from you soon.

Have a golden week!

David (and Glenn)
GoldSurvivalGuide.co.nz
Ph: 0800 888 465
From outside NZ: +64 9 281 3898
email: orders@goldsurvivalguide.co.nz

Follow us on Twitter Find us on Facebook

The Legal stuff – Disclaimer:
We are not financial advisors, accountants or lawyers. Any information we provide is not intended as investment or financial advice. It is merely information based upon our own experiences. The information we discuss is of a general nature and should merely be used as a place to start your own research and you definitely should conduct your own due diligence. You should seek professional investment or financial advice before making any decisions.
Copyright © 2020 Gold Survival Guide.
All Rights Reserved.

Get Free Gold & Silver Tips and Deals!

  • Get weekly news and tips on buying, storing, and selling gold and silver.
  • Be the first to know about limited quantity gold and silver deals.
  • Get our free 19 Nuggets on Buying Gold and Silver guide right away to help you become a bullion expert.
Email Address *
First Name
*Required Fields
Note: It is our responsibility to protect your privacy and we guarantee that your data will be completely confidential.

Leave a Reply

Your email address will not be published.