We’ve had the odd query from other New Zealanders asking, “how much gold does the Reserve Bank of New Zealand (RBNZ) actually have?” Today we delve into this topic in depth… Our guess is people are probably asking because since the 2008 financial crisis net gold purchases by global central banks have switched from negative […]
Category Archives: New Zealand Articles
This category includes all the articles on gold, silver and related topics written by Gold Survival Guide, often with a New Zealand focus.
Latest Articles
20
Dec
Dec
Here’s a couple of questions from a first time buyer, mainly looking at how we think gold is likely to trend over the next 6 months… Our reader asks: “How do you think gold is going to trend in the next 6 months? I have been watching the gold pricing charts… but it seems to […]
07
Dec
Dec
The recent sharp reversal in the Kiwi dollar has prompted us to wonder, has the trend of the last year or so now changed from USD strength to weakness? If so, how will this affect the New Zealand dollar, and local NZ Dollar gold and silver prices? Longer Term – The USD May Have Changed […]
15
Nov
Nov
Following the 2009 financial crisis, the term derivatives has been firmly embedded in todays lexicon. With the failure of Bear Stearns in 2008, and subsequent bailout of multiple other too big too fail banks, the term “derivative” was popping up everywhere. Then in 2012 we had JP Morgan’s $7 billion trading loss on credit derivatives […]
08
Nov
Nov
There continues to be much discussion about how much higher interest rates will go. Such as whether or not the Reserve bank of New Zealand is close to pausing on its interest rate increases? However, today you’ll see why it is the real interest rate that we need to keep track of… Interest Rates in […]
27
Sep
Sep
What Does the Gold Spot Price (or Silver Spot Price) Mean? In simple terms the gold spot price (or silver spot price) means the price for delivery of a commodity like gold or silver, right now. The gold spot price relates to the price for 1 troy ounce of gold (or 1 troy ounce of silver for […]
20
Sep
Sep
Given that we hear the price of gold quoted each day in the financial news, it’s not surprising that most people buy gold with the expectation it will go up in price? Perhaps this isn’t the best way to think of gold. See why you should think in terms of wealth protection first, profit potential second. […]
06
Sep
Sep
Here’s one of the main answers to the question “Why buy gold and silver?” Simply, because no fiat currency lasts forever. You might be surprised to learn that the New Zealand dollar has had a surprisingly large number of changes in its short existence. So it is unlikely to be an exception to this rule. […]
30
Aug
Aug
Last week the Reserve Bank of New Zealand (RBNZ) raised the Official Cash Rate yet again by another 50 basis points. Today we look at interest rates and gold. Specifically answering the question: If interest rates rise, what happens to gold prices? This post covers: A Common Misconception About Gold and Rising Interest Rates Last […]
23
Aug
Aug
The US Dollar may well have recently entered another cycle of decline against the other major currencies of the world. How will this affect gold and silver bought in New Zealand dollars? This week we have a question from a reader as to how a falling US dollat might impact any gains in the NZ […]