“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 […]
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
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 […]
21
Nov
Nov
This Week: Gold and Silver Charts Look Pretty What’s Wrong With the RBNZ’s Bank Failure Plans? Will NZ Banks Buy Gold? Heads They Print, Tales They Print Too Gold and Silver Charts Look Pretty We couldn’t come up with a better term than “pretty” sorry but both gold and silver in NZ dollars do look […]
20
Nov
Nov
What happens if a bank fails in New Zealand? If your bank failed tomorrow, what would happen? Who knows is the current answer. If it was a small bank the government may leave it to the statutory managers and so depositors might get wiped out completely if the bank was devoid of assets. But, if […]
06
Dec
Dec
A highlight of the recent Sydney Gold Symposium we attended was the panel discussion at the conclusion, which featured the 4 big names of the event: Eric Sprott – Sprott Asset Management John Embry – Sprott Asset Management Egon Von Greyerz – Matterhorn Asset management Ben Davies – Hinde Capital This […]
Darryl Schoon doesn’t mince words and that’s what we like about him. Here he gives some thoughts on Central Bankers and the crumbling of the system over which they preside as well as a video warning about the precious metals ETF’s, GLD and SLV… THE CENTRAL BANKER’S DILEMMA HOW TO RIDE A DYING ELEPHANT Economics isn’t […]
13
Jul
Jul
(and why they will everywhere else too if they haven’t already) June 2009 news headlines highlight the ongoing strength of the NZ Dollar (kiwi). Having risen from a low of just under 0.50USD in March 09, the kiwi reached a high of 0.65USD less than 3 months later. A rise of some 30%! The high […]