Phenomenal Numbers in the Paper Silver Market

This Week:

  • The $5 TRILLION Paper Silver Scam
  • PAPER vs. PHYSICAL: The Amazing Amount Of Leverage In The Silver Market
  • The Darker Side of Bitcoin Technology and Gold’s Next Spike

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Prices and Charts

Change from last weeks gold and silver prices
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Consolidation Before Next Move?

Precious metals in NZ dollar terms have not moved too far this week.
NZD Gold looks to be consolidating around $1800 which is also the 50 day moving average. We may not see a return down to the 200 day moving average after all. So NZD gold could be just building a base around these levels before it’s next move higher.

NZ Dollar Gold Chart

Likewise, silver in NZ dollars also looks to be consolidating around the $24.50 level, after the recent sharp bounce higher. Like gold the overbought/oversold RSI indicator is now neutral. So there is room for silver to run plenty higher from here now too.

NZ Dollar Silver Chart

The NZ Dollar may help to boost local precious metals prices in the short term too. The Kiwi is sitting right on the 200 day moving average and the top Bollinger Band. It is now also the most overbought it has been in a year on the RSI indicator.
So a pullback from here would be of no surprise. Of course a weaker NZ dollar means higher local gold and silver prices.

NZ Dollar Chart

Bullion Coins or Numismatic (Collectible) Coins? Which Should I Buy ?

Bullion-Coins-or-Numismatic-Collectible-Coins

Good Time to Buy Silver

Silver in NZ dollars has bottomed out and is still not too far from the recent low. So it’s looking like a good time to buy silver. See the long term chart below:
Long Term Silver Chart

Phenomenal Numbers in the Paper Silver Market

This week we have a focus on the paper versus physical silver market.
First up we have an excellent article from Steve St Angelo.
We’ve written many times how it is currently the paper markets that set the price for gold and silver. So the demand for physical metal is not the main driver.
This interesting article outlines just how significant this paper market is especially for silver. It also covers why the action in the cryptocurrency space might be a good indicator for what will be to come in precious metals markets down the track.

PAPER vs. PHYSICAL: The Amazing Amount Of Leverage In The Silver Market

Paper vs Physical

Next you can check out a video (along with a written summary) of the key takeaways from the above article. You’ll also see how even the crazy number Steve St Angelo came up with is less than half of what Bloomberg reports as the size of the global paper silver market.

The $5 TRILLION Paper Silver Scam

Silver scam

Continues below
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The Darker Side of Bitcoin Technology and Gold’s Next Spike

Gold is not completely forgotten this week either.
Jim Rickards provides some analysis as to how gold has now overcome a major hurdle and provides strong evidence why gold is now set to head to new highs. He also weighs in on Bitcoin and why blockchain technology will be the latest weapon in the war on cash.

The Darker Side of Bitcoin Technology and Gold’s Next Spike

Gold Spike

But silver in particular still looks in a good buying zone currently. So a good chance to take advantage of one of the silver coin deal and remove some of your wealth from the reaches of a bank bail-in.
  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:

The Darker Side of Bitcoin Technology and Gold’s Next Spike

Thu, 1 Jun 2017 12:32 PM NZST

You’ve no doubt seen how the price of Bitcoin has been flying these past few months. Jim Rickards believes that the blockchain technology underpinning Bitcoin is what we should be keeping an eye on. He thinks Bitcoin is just a “sideshow” — and that the blockchain technology is the latest weapon that will be used […]

Read More…

The $5 TRILLION Paper Silver Scam

Wed, 31 May 2017 11:32 AM NZST

We just checked out this Chris Duane video which coincidentally covers the same topic as an article (and even summarises some key points of that article) we posted yesterday. PAPER vs. PHYSICAL: The Amazing Amount Of Leverage In The Silver Market So we thought if worthwhile to summarise and share the content of the video […]

Read More…

PAPER vs. PHYSICAL: The Amazing Amount Of Leverage In The Silver Market

Tue, 30 May 2017 12:13 PM NZST

Introduction We’ve written many times how it is currently the paper markets that set the price for gold and silver. So the demand for physical metal is not the main driver. This interesting article outlines just how significant this paper market is especially for silver. It also covers why the action in the cryptocurrency space […]

Read More…

Fed Will Blink

Fri, 26 May 2017 3:10 PM NZST

Fed Will BlinkWe always enjoy the dry but humorous writing of Bill Bonner. See why he believes even though the US central bank – the Fed – may be tightening it’s monetary policy currently, it won’t hesitate to revert to an easy money stance in the future… Fed Will Blink By Bill Bonner Justin’s note: Bill Bonner, […]

Read More…

RBNZ Deputy Confirms Our Thoughts: Any Bank Depositor Bail-In Exemption Likely Minimal

Thu, 25 May 2017 11:31 PM NZST

This Week: What Does Short Covering Mean for the Price of Silver? Canary In The Silver Mine Doug Casey’s Top Two Ways to Store Wealth Abroad RBNZ Deputy Confirms Our Thoughts: Any Bank Depositor Bail-In Exemption Likely Minimal TWO SILVER COIN SPECIALS TODAY OPTION 1: Sold 1500 this week, but still 6500 x 1oz Perth […]

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
$1856
1kg NZ 99.9% pure silver bar
1 Kilo NZ Silver Bar
$890 (price is per kilo for orders of 1-4 kgs)
$873 (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
$1892
1kg PAMP 99.9% pure silver bar
PAMP Silver
$918
1oz Canadian Gold Maple 99.99% pure gold coin
Gold Maple
$1935
1oz Canadian Silver Maple 99.99% pure silver coin
(Minimum order size tube of 25 coins)

Silver Maple
Silver Box
Tube of 25 $797
Box of 500 $14,700
(Fully insured and delivered)

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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