An IMF report this week on the state of the New Zealand banking system, recommended the government implement a $10,000 “de minimis” exemption to the current Open Bank Resolution (OBR) scheme (a.k.a. bank depositor haircut scheme). This would mean that each bank depositor would get $10,000 exempt from the Reserve Bank of New Zealand’s (RBNZ) […]
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
21
Apr
Apr
New Financial Reporting Rules in New Zealand: Just Following IMF War on Cash Doctrine We have a new theory for you this week as to what the real reason is behind the newly announced financial reporting rules here in New Zealand. A few weeks ago we took a look at the new financial reporting rules […]
29
Mar
Mar
The financial privacy of New Zealanders is to be further eroded this year. But could this also be the first small step in capital controls being implemented in New Zealand? New Banking rules set to come into force in November will mean any cash transactions over $10,000 will have to be reported to police by […]
16
Mar
Mar
Jim Sinclair, chairman of Tanzanian Royalty, along with Bill Holter answer questions from subscribers of their website JSMineset.com. You may want to skip ahead to the 12:40 minute mark as up until then they just discuss the “trolls” at a recent online company meeting of Tanzanian Royalty Jim Sinclair discusses and answers questions such as:
22
Feb
Feb
We’ve been discussing the War on Cash a lot here recently. Many of the initiatives that are being slowly rolled out across the globe, such as removing higher denomination notes, have been hinted at by global elites over the past couple of years. The central planner/global elitist gathering in Davos, Switzerland has been one such place where […]
15
Feb
Feb
We’ve published many articles over the past couple of years on the “War on Cash”. And this war has certainly been heating up lately. What else might get targeted by the central planners and monetary elite? John Kim outlines why bankers may be targeting Bitcoin as an area where they wish to assert more control. Be […]
19
Jan
Jan
We’ve written a number of articles on the “War on Cash” over the last few years. Here’s a couple from just the end of 2016: http://goldsurvivalguide.com/war-on-cash-implications-for-new-zealand/ http://goldsurvivalguide.com/not-long-until-the-war-on-cash-comes-to-new-zealand/ But this week we came across this excellent infographic which summarises nicely just what is going on and why in the war against cash. Including highlighting specific countries […]
17
Jan
Jan
See why the banker movement against cash will be pushed more aggressively in small economies first before spreading to larger economies and so why New Zealand may next be in the firing line… In the Banker War on Cash, New Zealand and Canada Are the Next Major Countries on the Banker Hit List As we […]
09
Jan
Jan
JS Kim outlines how the war on cash has nothing to do with clamping down on criminals or corruption. He also explains how banker actions in 2016 demonstrate they have been buying physical gold and silver, while trying to scare the average global citizen from doing the same… 2017 Update on Gold, Silver and […]
20
Dec
Dec
In this video JS Kim of SmartKnowledgeU discusses Modi’s war on gold, disguised as a war on cash and a war on corruption. He also discusses the latest banker raid on gold and silver, and how low gold prices will go before rebounding. He believes this recent fall in gold and silver will be a […]