We’ve published other articles showing how the use of cash is diminishing in recent months (see Prove You’re Not a Terrorist – The War on Cash and The World’s First Cashless Society Is Here – A Totalitarian’s Dream Come True). This article summarises the slow but steady creep of clamp downs on cash. Then it also extrapolates out […]
Category Archives: Why Buy Gold and Silver
The first step on the precious metals path is to consider the questions Why buy gold and Why buy silver? You might then consider reading about protection from a bank failure and the escalating war on cash, or even the risk of derivatives.
Plus check out our free Gold Ecourse, to learn more about gold and silver’s role as your financial insurance policy.
Must read articles about Why to Buy Gold and Silver
Why Buy Gold?
Your reason for buying gold is the first thing to consider. This article outlines 8 reasons to buy gold today. Plus another 6 timeless reasons to buy gold.
Why Buy Silver?
There is a lot of commonality in the reasons to buy gold and silver. But in this post you’ll discover 6 reasons you should specifically buy silver. Also learn about 3 factors that indicate silver should have more upside than gold.
Bank Failures: Could they happen in NZ? The Reserve Bank thinks so
See how a bank failure could occur in New Zealand. Learn how the Reserve Bank of New Zealand open bank resolution will affect you and put your savings at risk. Plus how you can prepare for a bank failure in New Zealand.
Kiwisaver and Bank Bail Ins: If a Bank Fails, Are Kiwisaver Funds Affected by the OBR?
Find out how Kiwisaver and bank bail ins work. See if your Kiwisaver funds would be affected if a New Zealand bank fails and customer accounts undergo a bail-in or “hair-cut”.
War on Cash: Implications for New Zealand
What are the real reasons for going cashless? What are the implications for New Zealand? See why hoarding something other than cash may be a good idea for emergencies…
What Percentage of Gold and Silver Should Be in My Portfolio?
Here are factors to consider in deciding how much you should invest In precious metals. Plus some examples showing how specific percentages of allocation to gold can help balance and protect your portfolio…
Latest Articles
19
Nov
Nov
We’ve been writing a lot about negative interest rates in recent weeks. One way that central planners can ensure that these have the desired effect is by eliminating the ability for citizens to hoard and use cash. See how one country in particular is well on the way to doing this and which others are following suit. […]
07
Jul
Jul
Gold is still a long way from the highs it reached back in 2011 of almost US$1900 per ounce. So there are not too many people outside the gold community that think now is a good time to be buying. But counterintuitively this probably makes it exactly the time to buy! Here’s 7 reasons to buy […]
12
May
May
Learn just how wide reaching the uses of silver are in our modern lives. You’ll see that just about every piece of technology you use on a daily basis relies upon silver. Then check out just how undervalued silver is on a historical basis. This makes for a compelling argument… Buy Silver or You Will […]
30
Apr
Apr
The global “War on Cash” is really heating up. Read on to see just how many restrictions are being put in place across a whole swath of countries. How are things here in New Zealand in this respect? We’re still a bit behind many others (thankfully). However where they go we’re likely to follow eventually. Just like we have done […]
27
Nov
Nov
A thought provoking opinion piece appeared on Interest.co.nz this week by Dr Martien Lubberink, Associate Professor in the School of Accounting and Commercial Law at Victoria University. He looked at the somewhat differing opinions of the Reserve Bank of New Zealand (RBNZ) and the Australian Prudential Regulatory Authority (APRA) on our largest banks and their […]
16
Oct
Oct
“The Reserve Bank plays an important role in the functioning of money. It provides the country’s notes and coins and works to keep prices stable. It also promotes, through regulation, the soundness of the institutions where people keep their money (like banks and many finance companies) and the soundness of the payments systems sitting behind […]
05
Feb
Feb
Here’s a quick video summary of the Reserve Bank Of New Zealand’s Open Bank Resolution (OBR) scheme. Implemented in June 2013 as an alternative to a government (i.e. tax payer) bail out of any failed bank in New Zealand, this rather innocuous sounding name actually means a Cyprus like bank “bail in” or depositor “Hair […]
23
Sep
Sep
Following on from the recent “In Gold We Trust” presentation in Auckland by Ronald-Peter Stoeferle in Auckland (summary of that presentation is here in case you missed it), next up is Chris Powell of GATA (The Gold Anti Trust Action Committee). Our Friend Louis Boulanger has organised for Chris Powell to come to New Zealand […]
20
Mar
Mar
Unless you’ve been under a rock (or without broadband and TV for 3 days like me!) you will have no doubt heard about the “bail in” of banks via bank depositors in the small island nation of Cyprus. The proposal (which has since been voted down) was to tax – a.k.a. steal funds – up […]