Gold and silver dip again – more to fall yet?

Gold Survival Gold Article Updates

Sep. 4, 2014

This Week:

• Gold and Silver Dip Again
• JS Kim: We Called Tuesday’s Gold Plunge. What’s Next for Gold?
• How is Doug Casey Preparing for a Crisis Worse than 2008?
• Last day for Reduced Minimum Order Size Offer

Gold and Silver Dip Again

Well gold and silver did dip again earlier this week. Dropping below recent trading ranges in US dollar particularly.

Gold in US Dollars is down US$13.18 or 1.02% from last week to US$1270.02.

However the weaker kiwi dollar meant gold in NZ Dollars is only down $9.01 or 0.58% to $1525. 

Silver in US dollars down 29 cents or 1.48% to US$19.21 from a week ago.

While sIlver in NZ dollars is down 24 cents or 1.02% to $23.07

It will be interesting to see what happens from here. There could be a decent chance now of retesting the December lows in gold of US$1200-ish.

But as mentioned the kiwi dollar is down from 0.8365 to 0.8328 seemingly on the back of yet another fall in the global dairy index yesterday of a hefty 6%. Seems there is a decent amount of support at the 0.83 level, but odds are we could yet see 0.81. 

So if the NZ dollar continues dropping this could well negate much of any further falls that we could see in gold and silver.

If you’re thinking of buying it would pay to keep a close eye on the price over the next couple of weeks. If we see a further dip lower you may get a decent opportunity to buy, but it may not last long. Or let us keep an eye on it for you and get our daily price alerts here: https://goldsurvivalguide.co.nz/dailypricesalert/

Or if you have a price you’d like to buy at give us a call or drop us an email with the price you’d like to pay and we’ll get back to you when it hits it.

JS Kim: We Called Tuesday’s Gold Plunge. What’s Next for Gold?

On the topic of the gold price plunge you may also want to check out one of this weeks articles from JS Kim. He did pick the fall this week so you can see what he has to say about where to from here:

JS Kim: We Called Tuesday’s Gold Plunge. What’s Next for Gold?

Foreign Correspondent

Your editor here at Gold Survival Guide (Glenn) is departing these fair shores today for 6 weeks in Europe via Dubai where we intend to of course check out the famous gold markets. So as we fly in a few hours we’ll keep today’s missive to a minimum.

We will have some “boots on the ground” reports from England, France and Italy for you. It will be interesting to see how greater Europe is faring from up close. As we’ve noted recently with the government bond yields in the likes of Germany and UK hitting record lows of late, it seems they are teetering on a bout of deflation.

But as with most everywhere in the world, there are always pockets of boom and pockets of bust often close by one another. We’re sure we’ll see the same in coming weeks.

Last day for Reduced Minimum Order Size Offer

Just in case you hadn’t seen our emails earlier this week, tomorrow is the last day for our Reduced Minimum Order Size special.

Normally our minimum order size is 1kg silver (around $825) or 1 oz gold (around $1593). But this week we’re breaking the rules. You can get a 10oz silver bar or 5 gram gold bar delivered to your home for under $300.

This gives you the chance to “get your feet wet” and to learn about our service and company, and basically to test us out without breaking the bank. Some people prefer to place a small order first and make sure we deliver.

So until 5pm Friday you have the option to instead buy a 10oz silver bar or a 5 gram Swiss PAMP gold bar delivered and insured for under $300. (It’s been well received but we’re getting low on PAMP Lunar Dragons but have plenty of standard PAMP 5gm bars left).

We’re holding this special offer as a way to say THANK YOU to all the people who read our weekly newsletter 🙂

Here’s where you can place your reduced size order.

https://goldsurvivalguide.co.nz/reduced-minimum-order-size-special/

We don’t commonly sell these products, so they’re not listed on our normal order page. So go to this link and tell us what you’d like a quote for: 

https://goldsurvivalguide.co.nz/reduced-minimum-order-size-special/

Or if you want to buy large sized bars just head to our normal order page listed below. Enjoy the rest of your week.

This Weeks Articles: 

“Golden cross” for NZD gold and silver has occurred

2014-08-28 01:19:50-04 Gold Survival Gold Article Updates Aug 27, 2014 This Week: “Golden cross” for NZD gold and silver has occurred Hard to Bet Against Our Favourite Newsletter Writer Holding up a Mirror to the US Economy Prof. Antal Fekete: The Interest    Just a slight fall for gold this week.  Gold in NZ Dollars is down […] read more…     Prof. Antal Fekete: Real Bills – Episode 07/17

2014-09-03 16:53:49-04 07/17 Prof. A. Fekete: Real Bills This is the seventh video (11 minutes long) from Professor Fekete in a series of 17 short videos. (Here are links to the previous videos: Prof. Antal Fekete: The Banking System – Episode 01/17 Prof. Antal Fekete: Money creation – Episode 03/17) Prof. Antal Fekete: The Ignored Anniversary – […] read more…     How is Doug Casey Preparing for a Crisis Worse than 2008?

2014-09-03 17:37:55-04 In this interview with Doug Casey of Casey Research, he covers a lot of ground including low interest rates, silver versus gold, and why he still thinks we are headed for something worse than 2008… How is Doug Casey Preparing for a Crisis Worse than 2008? By Doug Casey, Chairman He and His Fellow Millionaires Are Getting […] read more…     JS Kim: We Called Tuesday’s Gold Plunge. What’s Next for Gold?

2014-09-03 18:22:21-04 Here’s a short note from JS Kim of SmartknowledgeU who did call the dip in gold and silver prices earlier this week, about what he sees happening from here… Yesterday, we sent a special bulletin to our Platinum Members in the early afternoon, Asia time, that analyzed the current data in the gold markets and […] read more…

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