How Would it Affect NZ If the USD Was Again Linked to Gold?

2 SILVER SPECIALS TODAY

Wanting Some Great Value Minted Silver Bars?

LIMITED STOCK – Just 2 Remaining

Sunshine Minting (USA) 100oz .999 Silver Minted Bars

$2528 each pick up
(Insured delivery price add $9.20 per 100oz bar)

Note: Compare to locally refined cast 100oz bars at $2508 each – pick up

Ph 0800 888 465 or simply reply to this email to secure them

SILVER COIN SPECIAL TODAY

1oz Perth Mint Silver Kangaroos 2016 BU (Brilliant Uncirculated)

Minimum order 500 coins

500 x 1oz Perth Mint 2016 Silver Kangaroos are $13,350 ($26.70 per coin)
– $200 cheaper than 500 Silver Maples

1000 x 1oz Perth Mint 2016 Silver Kangaroos are $26,280 ($26.28 per coin)
– $500 cheaper than 1000 Silver Maples

5000 x 1oz Perth Mint 2016 Silver Kangaroos are $129,250 ($25.85 per coin)

Bonus for 1000 coins or more – more details further down.

(Price includes fully insured delivery via Fed Ex directly to you anywhere in New Zealand or Australia.)

Get a Huge Vehicle Survival Pack Valued at $304 for Free

Free with any order of 1000 or more 1oz Silver Kangaroo coins.

This subscriber only deal (it’s not mentioned anywhere on the website) contains enough gear to spread across 2 vehicles. The pack includes:

2 x Inflatable Solar Lanterns
2 x 3-in-1 Car Escape Tools
2 x Credit Card Knives
2 x Credit Card Multi-tools
1 x Car Glove Box Survival Kit
1 x Vehicle First Aid Kit with Fire Extinguisher

Call David on 0800 888 465 to learn more about this deal or just reply to this email. Note: Minimum order is 500 coins.

This Week:

If the US Dollar Was Again Linked to Gold, How Would This Affect New Zealand?
Ask a Great Question – Win a Silver Coin
Futures Traders Positions Very Bullish For Gold and Silver

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	$1636
Buying Back 1kg NZ Silver 999 Purity	$684

Looking to sell your gold and silver?

Visit this page for more information

Buying Back 1oz NZ Gold 9999 Purity

$1636

Buying Back 1kg NZ Silver 999 Purity

$684

NZD Gold Up Sharply This Week

NZD gold is noticeably higher this week. Getting back above $1700 for the first time since June. Demonstrating once again that buying near the long term blue uptrend line looks to be a good move. Now within striking distance of the 50 and 200 day moving average (MA) lines.

NZD silver is also at the highest level today that it has been since bottoming in early July. It is also closing in on the 50 day MA line.

The Kiwi dollar has again strengthened this week, reaching a 26 month high. But since then it has pulled back. Plus it is now once again in overbought territory above 70 on the RSI overbought/oversold indicator, so it may struggle to move too much higher in the short term from here.

Late Update: The NZ dollar dropped half a cent late morning after NZ unemployment figures came in showing employment growth was down -0.2% compared to expectations of 0.7%.

But the unemployment rate actually fell due to a large increase in those not considered to be in the labour force pushing the unemployment rate down.

But as we wrote many years ago the unemployment rate is a pretty sketchy statistic anyway.

If the US Dollar Was Again Linked to Gold, How Would This Affect New Zealand?

Our feature article this week again came about as a result of an excellent question from a reader Jason.

In it we contemplate what the impact would be if the US Dollar was once again linked to gold:

How would this affect the NZ dollar?
Could our government peg the NZ dollar to gold too?
How likely are these scenarios?
And what else could happen instead?

If the US Dollar Was Again Linked to Gold, How Would This Affect New Zealand?

Continues below

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Sorry Bad Link!

We have an apology for last weeks email. We had an incorrect link in one of our feature articles. Given it has proven popular we’ll add it in again this week in case you had trouble opening it:

What Use Will Silver Coins be in New Zealand in a Currency Collapse?

In this response to a reader question you’ll see:

How we have no historical precedent to compare to.
What we can learn from other countries.
What silver coin options may be best in a currency collapse.

Ask a Great Question – Win a Silver Coin

In the past month we’ve had quite a number of really excellent questions from people.

Perhaps not surprisingly the articles we’ve written as a result of these questions have proven very popular. That wasn’t meant to sound like we’re blowing our own horn there, but rather meaning a great question is of interest to a lot of people!

So as a result we’ve come up with a monthly award.

A 1 oz silver coin to be given away for the best question we receive every month.

So have a think of what question you’d like answered.

You can send your question however you like:

Email it in to us.
Send it via the contact form on our contact page.
Post it on Facebook or
Twitter if you prefer.

Futures Traders Positions Very Bullish For Gold and Silver

The positions of speculative traders in the silver futures market is looking very bullish.

According to the latest Commitment of Traders (COT) data, net speculative positions have now plunged to fewer than 10,000 contracts as of last week.

As you can see in the chart, speculators now hold even fewer bullish bets than they did in late 2015, just before the new bull market began. It appears they’re finally throwing in the towel for the first time in nearly a year.

Remember, these traders are known as the ‘dumb money’…

As a group, they tend to be wrong at the extremes. They get super bullish at market tops, and super bearish at market bottoms. So today’s pessimism is a bullish sign for prices going forward.

But that’s not all. As you can see in the next chart, silver prices have begun to diverge over the past few weeks…

The dumb money is giving up, but silver prices have been moving higher, anyway. This, too, is a bullish sign.

Source.

If you want to delve into the topic a bit more in depth, then also check out this excellent article on the COT report from Adam Hamilton.

He plots the numbers for both gold and silver. It’s worth spending a few minutes taking in all the information on his 2 charts, as they compress a lot of information into them.

But the bottom line is:

“speculators’ gold-futures and silver-futures short positions have soared to near-record and record extremes in recent weeks. These elite traders are hyper-bearish, and betting heavily for more precious-metals downside. But gold and silver soon soared on short-covering buying following all past episodes of excessive and record short selling. There’s nothing more bullish for gold and silver than extreme shorts!

All futures sold short must soon be offset by proportional near-term buying to close out those trades. It quickly feeds on itself thanks to the incredible leverage of gold futures and silver futures. The resulting sharp short-covering rally soon entices in new long-side futures speculators and later investors with their vastly-larger pools of capital. Excessive and record futures shorts are the best gold and silver buy signals available.”

Source.

With the NZ Dollar also looking like it may be topping out right now, this could be a good entry point for gold and silver.

Call David on 0800 888 465 for a quote or with any questions.

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

— Prepared for Power Cuts? —

[BACK IN STOCK] New & Improved Inflatable Solar Air Lantern

Check out this cool new survival gadget.

It’s easy to use. Just charge it in the sun. Inflate it. And light up a room.

6-12 hours of backup light from a single charge! No batteries, no wires, no hassle. And at only 1 inch tall when deflated, it stores easily in your car or survival kit.

Plus, it’s waterproof so you can use it in the water.

See 6 more uses for the amazing Solar Air Lantern.

—–

This Weeks Articles:

The Dollar and the Oil Market May be About to Change Forever

Wed, 2 Aug 2017 12:57 PM NZST

The Quarterly Incrementum Advisory Board discussions are always a good read. Ronni Stoeferle and his team at Wealth Management firm Incrementum AG provide plenty of insight into gold and the global economy and monetary system. The most recent notes are just out and here’s what each member of the board discussed: Luke Gromen: ► The […]

Gold Stocks Meet Mr. America

Wed, 2 Aug 2017 9:44 AM NZST

See why Trump’s nomination to be added to the US Federal Reserve board is likely to increase the velocity of money in the USA (and therefore globally), and why this will likely have a significant impact on gold and even more so on gold mining stocks… Gold Stocks Meet Mr. America By Stewart Thomson […]

If the US Dollar Was Again Linked to Gold, How Would This Affect New Zealand?

Wed, 2 Aug 2017 9:36 AM NZST

Excellent questions from our readers keep on coming. Here’s one this week asking how a new gold standard might affect New Zealand given we don’t have any gold reserves: Jim Rickards is predicting that as early as January 2018 Donald Trump will devalue the usd and peg it to gold at $10,000usd. I think Jan […]

What Use Will Silver Coins be in New Zealand in a Currency Collapse?

Thu, 27 Jul 2017 4:12 AM NZST

2 SILVER SPECIALS TODAY Wanting Some Great Value Minted Silver Bars? LIMITED STOCK – 14 Remaining Sunshine Minting (USA) 100oz .999 Silver Minted Bars $2511 each pick up (Insured delivery price add $9.20 per 100oz bar) Note: Compare to locally refined cast 100oz bars at $2487 each – pick up Ph 0800 888 465 or […]

What Use Will Silver Coins be in New Zealand in a Currency Collapse?

Tue, 25 Jul 2017 9:34 PM NZST

An excellent question in this week from reader Dave on what use silver coins would be if a currency collapse were to occur in New Zealand. He writes how he is looking at them as a form of savings just in case they could be used as cash to pay for everyday necessities: “I’m curious […]

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.

Email: orders@goldsurvivalguide.co.nz
Phone: 0800 888 GOLD ( 0800 888 465 ) (or +64 9 2813898)
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 $1773
1kg NZ 99.9% pure silver bar $827 (price is per kilo for orders of 1-4 kgs) $812 (price is per kilo only for orders of 5 kgs or more)

1oz PAMP Suisse 99.99% pure gold bar $1809
1kg PAMP 99.9% pure silver bar $855
1oz Canadian Gold Maple 99.99% pure gold coin $1848
1oz Canadian Silver Maple 99.99% pure silver coin (Minimum order size tube of 25 coins) Tube of 25 $748 Box of 500 $13,550 (Fully insured and delivered)

7 Reasons to Buy Gold & Silver via GoldSurvivalGuide
Today’s Prices to Buy

1oz NZ 99.99% pure gold bar

$1773

1kg NZ 99.9% pure silver bar

$827 (price is per kilo for orders of 1-4 kgs)
$812 (price is per kilo only for orders of 5 kgs or more)

1oz PAMP Suisse 99.99% pure gold bar

$1809

1kg PAMP 99.9% pure silver bar

$855

1oz Canadian Gold Maple 99.99% pure gold coin

$1848

1oz Canadian Silver Maple 99.99% pure silver coin
(Minimum order size tube of 25 coins)

Tube of 25 $748
Box of 500 $13,550
(Fully insured and delivered)

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
Note: For local gold and silver orders your funds are deposited into our suppliers bank account. We receive a finders fee direct from them. Pricing is as good or sometimes even better than if you went direct.

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

Our Mission

To demystify the concept of protecting and increasing ones wealth through owning gold and silver in the current turbulent economic environment.
To simplify the process of purchasing physical gold and silver bullion in NZ – particularly for first time buyers.

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

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.

Author
Recent Posts

Glenn Thomas

Author at Gold Survival Guide

Glenn Thomas is the co-founder of Gold Survival Guide, which he launched in 2009 after years of active involvement as an investor in the precious metals markets. With over 20 years of experience in the sector, Glenn has become a trusted authority on gold and silver investing. Since 2011, he has written and published a weekly gold and silver newsletter, with over 650 editions and counting. Additionally, he is also the author of more than 300 blog posts covering the why, what, when and how of buying gold and silver. As a result he is the creator of new Zealand's most comprehensive repository of precious metals investment information.

Glenn's dedication to educating individuals on wealth protection through precious metals has helped over 2400 clients from New Zealand, Australia, USA and Europe to safeguard their financial futures. Passionate about financial independence and lifestyle freedom, Glenn’s mission is to empower others with the knowledge and tools to thrive in today’s volatile economic environment. When he's not advising on precious metals, Glenn enjoys spending time with his family and pursuing outdoor adventures.

Education: University of Auckland Bachelor of Science
Linkedin: https://www.linkedin.com/in/glenn-thomas-0984a4310/

2 SILVER SPECIALS TODAY

Wanting Some Great Value Minted Silver Bars?

Sunshine Minting (USA) 100oz .999 Silver Minted Bars

SILVER COIN SPECIAL TODAY

Get a Huge Vehicle Survival Pack Valued at $304 for Free

Prices and Charts

NZD Gold Up Sharply This Week

If the US Dollar Was Again Linked to Gold, How Would This Affect New Zealand?

Do you have all the essentials on hand if you need to leave home in a hurry?

Sorry Bad Link!

Ask a Great Question – Win a Silver Coin

Futures Traders Positions Very Bullish For Gold and Silver

This Weeks Articles:

Glenn Thomas

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