Is the Everything Bubble Becoming the Everything Crash?

 

This Week:

  • Share Market Plunge – How is New Zealand Affected and What’s Next?
  • The Russian Central Bank and the New Golden Rule
  • Why is Silver Lagging Gold?

Prices and Charts

Change from last weeks gold and silver prices

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Is the Everything Bubble Becoming the Everything Crash?

US stock markets plunged yesterday after having been falling steadily last week. Cryptocurrencies have also been falling steadily so far in 2018. So is the everything bubble becoming the everything crash?

Hmm. Too early to say – but we have more on the stock market plunge below.

Gold and silver weren’t spared either this week. Although their falls over the week were much less than the US stock market fell in one day.

NZD gold is just holding steady under the 50 day moving average (MA) currently. So far it has managed to stay above the 200 day MA this year. Gold looks to be consolidating nicely, getting ready for the next leg up.

NZ Dollar Gold Chart

Silver has been struggling though. Down 2.73% compared to -0.84% for gold.

(See the article below for more on why silver has been lagging gold).

NZD silver is not too far above the lows from late December.

The silver price continues to get more and more compressed in this 18 month wedge formation. So a break out won’t be that far off. We think the 3 year uptrend looks like continuing and we should see a bounce off the $21.50 area if silver were to go any lower.

NZ Dollar Silver Chart

Why is Silver Lagging Gold?

Silver has again been trailing gold this week.

This article covers 4 reasons why silver is lagging gold and what it may take for this to change and for silver to start outperforming gold.

Why is Silver Lagging Gold?

Why is Silver Lagging Gold?

Not too much action in the NZ dollar this week. Down slightly from last week. Tested the overhead resistance above 0.74 again and didn’t make it through. So we may see the Kiwi consolidate for a bit here.

NZ Dollar Chart

Unsure About Any Terms We Use When Discussing the Charts?

Remember to check out this post if any of the terms we use when discussing the gold, silver and NZ Dollar charts are unknown to you:

Gold and Silver Technical Analysis: The Ultimate Beginners Guide

Continues below

 

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Share Market Plunge – How is New Zealand Affected and What’s Next?

Our feature article this week looks at the violent share market plunge in the USA yesterday. Including:

  • What was the cause?
  • How is New Zealand affected?
  • What might happen from here?

Share Market Plunge – How is New Zealand Affected and What’s Next?

Share Market Plunge - How is New Zealand Affected and What's Next?

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Questions of the Month Winner

Jenna is the winner (again!) of our question of the month award and a silver coin is on its way to her.

Her question prompted last weeks feature article: What is the Best Type of Gold to Buy For Trading in a Currency Collapse?

What is the Best Type of Gold to Buy For Trading in a Currency Collapse?

Your Questions Wanted

Remember, if you’ve got a specific question, be sure to send it in to be in the running for a 1oz silver coin.

Win a silver coin

The Russian Central Bank and the New Golden Rule

See why the Russian Central Bank has been buying large amounts of gold, but also what may be a new twist to the Russian plan to oust the US Dollar as global reserve currency.

The Russian Central Bank and the New Golden Rule

The Russian Central Bank and the New Golden Rule

Who knows if the share market fall is just a correction or the start of something larger. Either way make sure you have your “financial insurance” policy in place now.

For a quote:

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

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This Weeks Articles:

Share Market Plunge – How is New Zealand Affected and What’s Next?

Wed, 7 Feb 2018 2:30 PM NZST

Share Markets plunged yesterday led by the US. In this article we’ll try and answer: What was the cause? What might happen from here? How is New Zealand affected? US share markets (or stock markets as they would say in the USA) have had their biggest one day point drop. With the Dow Jones Index falling […]
Read More…

Why Silver is Lagging Gold

Wed, 7 Feb 2018 10:12 AM NZST

Here’s a few reasons from our favourite newsletter writer Chris Weber as to why silver is lagging gold: “First is that gold has a strong monetary reserve place in the vaults of the central banks the way silver does not have. Further, wealthy people, whose distance from normal people is far larger today than it […]
Read More…

The Russian Central Bank and the New Golden Rule

Wed, 7 Feb 2018 9:49 AM NZST

At the end of January we reported the following: “Russian gold reserves hit historic high, stockpiling record 223 tons last year. Meanwhile the “Central Bank of Russia (CBR) added 300,000 ounces (9.3 tons) of gold to its reserves in December, bringing the total yearly holdings to a record 1,838.211 tons, worth over $76 billion in […]
Read More…

US Debt Vs Gold – How High Does Gold to Need To Rise?

Thu, 1 Feb 2018 8:06 PM NZST

  This Week: What is the Best Type of Gold to Buy For Trading in a Currency Collapse? If Precious Metals Prices Are Manipulated, Why Does the Price Rise at All? If Gold and Silver Are Manipulated, Why Bother Investing? US Debt Vs Gold – How High Does Gold to Need To Rise? Prices and […]
Read More…
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.

  1. Email: orders@goldsurvivalguide.co.nz
  2. Phone: 0800 888 GOLD ( 0800 888 465 ) (or +64 9 2813898)
  3. 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
1oz NZ Gold Ingot
$1877
1kg NZ 99.9% pure silver bar 
1 Kilo NZ Silver Bar
$828 (price is per kilo for orders of 1-4 kgs)
$813 (price is per kilo only for orders of 5 kgs or more)
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1oz PAMP Suisse 99.99% pure gold bar
PAMP Lunar Goat Gold Bar
$1905
1kg PAMP 99.9% pure silver bar
PAMP Silver
$856
1oz Canadian Gold Maple 99.99% pure gold coin
Gold Maple
$1942 (or $1922 for 5 or more Backdated Year Coins)
1oz Canadian Silver Maple 99.99% pure silver coin
(Minimum order size tube of 25 coins)

Silver Maple Silver Box
Tube of 25 $749
Box of 500 $13,800 (2018’s) or $13,600 (backdated years)
(Fully insured and delivered)
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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.

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Our Mission

  1. To demystify the concept of protecting and increasing ones wealth through owning gold and silver in the current turbulent economic environment.
  2. 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

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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.

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