Kiwisaver, Bank Financial Strength and Gold Volatility

This Week:

  • Kiwisaver and Bank Bail Ins: If a Bank Fails, Are Kiwisaver Funds Affected by the OBR?
  • RBNZ Bank Financial Strength Dashboard: How Helpful is it?
  • Does Record Low Gold Volatility and Sentiment Mean Time to Buy?

Prices and Charts

Change from last weeks gold and silver prices

Looking to sell your gold and silver?Visit this page for more information
Buying Back 1oz NZ Gold 9999 Purity $1779
Buying Back 1kg NZ Silver 999 Purity $735

Gold Still Close to the “Buy Zone”

Gold in NZ Dollars did as we suspected it might this past week. It bounced nicely off the 200 day moving average (MA) line. Just as it has done on multiple occasions this year.

But with the price sitting near the 50 day MA, we are still in a pretty decent buy zone here too.

NZ Dollar Gold Chart

Silver Still Stuck in the Wedge

Silver just continues to do what it has done for months. That is move up to once again test the downtrend line. Silver (whether priced in US or NZ Dollars) remains within the long standing wedge formation.

But man is it getting compressed now. As we discuss in one of this weeks articles gold and silver volatility are the lowest they have been since the 90’s and early 2000’s respectively.

NZ Dollar Silver Chart

NZ Dollar Stops at the 50 Day MA

As we thought last week, the NZ dollar hasn’t managed to get above the moving average lines. 0.71 is likely to be a tough area of resistance for it to break above.

NZ Dollar Chart

Unsure About Any Terms We Use When Discussing the Charts?

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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Does Record Low Gold Volatility and Sentiment Mean Time to Buy?

Gold and silver volatility are the lowest they have been for 10 to 20 years.

In this post we also cover:

  • Gold and silver demand by way of sales from the major mints
  • Other sentiment indicators
  • What demand has been like here in New Zealand
  • Who is buying
  • What they are buying
  • What these indicators might mean

Does Record Low Gold Volatility and Sentiment Mean Time to Buy?

Does Record Low Gold Volatility and Sentiment Mean Time to Buy?

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Kiwisaver and Bank Bail Ins: If a Bank Fails, Are Kiwisaver Funds Affected by the OBR?

Another excellent question from a reader this week. Asking:

  • How would Kiwisaver funds be affected if a bank failed and the RBNZ implemented its OBR policy and a bail in of depositor funds took place?
  • Would non bank Kiwisaver funds be impacted?
  • What about foreign shares held in custody by a bank?
  • What steps can you take to protect yourself?

Important points to consider if you are a Kiwisaver member.

Kiwisaver and Bank Bail Ins: If a Bank Fails, Are Kiwisaver Funds Affected by the OBR?

Kiwisaver and Bank Bail Ins: If a Bank Fails, Are Kiwisaver Funds Affected by the OBR?

Related: Is There a Kiwisaver Gold Fund or Gold Investment Option?

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.

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RBNZ Bank Financial Strength Dashboard: How Helpful is it?

Speaking of banks and bail ins. The Reserve Bank of New Zealand has just launched its new Bank Financial Strength Dashboard. We have a summary of it including:

  • What is the Bank Financial Strength Dashboard?
  • What does the Dashboard measure?
  • Why the Dashboard may still not help you
  • What you should do if you can’t pick a safe bank

RBNZ Bank Financial Strength Dashboard: How Helpful is it?

RBNZ Bank Financial Strength Dashboard: How Helpful is it?

There is a common thread running through this weeks articles. That is, while you can’t guarantee how your investments may work out, or whether your bank remains solvent, you can still prepare for the unexpected.

The old adage of plan for the worst but hope for the best.

Volatility at record lows means the trading ranges for gold and silver are getting tighter and tighter. This won’t continue forever, but it does mean you get the chance to buy at what are likely to be low levels in the long term.

A reminder we have a new updated “Shop” page.

So head over and see all the new products available today.

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

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This Weeks Articles:

Does Record Low Gold Volatility and Sentiment Mean Time to Buy?

Wed, 13 Jun 2018 12:17 PM NZST

Does Record Low Gold Volatility and Sentiment Mean Time to Buy_Gold volatility and silver volatility are at record lows. See what demand for gold and silver is like around the world and also in New Zealand. Gold is boring – does this mean it’s time to buy?   Silver volatility is the lowest it has been since 2001. Source. But volatility in gold is even […]

The post Does Record Low Gold Volatility and Sentiment Mean Time to Buy? appeared first on Gold Survival Guide.

Read More…

RBNZ Bank Financial Strength Dashboard: How Helpful is it?

Tue, 12 Jun 2018 5:38 PM NZST

RBNZ Bank Financial Strength Dashboard_ How Helpful is itDiscover what the RBNZ Bank Financial Strength Dashboard is. Can it help you pick a “safe bank”?   Hopefully by now you are aware that there is no deposit insurance in New Zealand banks. So if a bank fails in New Zealand you as a depositor run the risk of losing part or all of your […]

The post RBNZ Bank Financial Strength Dashboard: How Helpful is it? appeared first on Gold Survival Guide.

Read More…

Kiwisaver and Bank Bail Ins: If a Bank Fails, Are Kiwisaver Funds Affected by the OBR?

Tue, 12 Jun 2018 2:59 PM NZST

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”… An insightful reader writes in: I have a question for goldsurvivalguide.co.co.nz regarding bail in. If banks trigger bail in, I understand that bank investors […]

The post Kiwisaver and Bank Bail Ins: If a Bank Fails, Are Kiwisaver Funds Affected by the OBR? appeared first on GoldSurvival Guide.

Read More…

Visa Outage in the UK Shows Importance of Having Cash Reserves

Tue, 12 Jun 2018 9:36 AM NZST

This Week: GoldPurity and Silver Purity – A Complete Guide Why You Should Become Your Own Central Bank – Even if Your Nation’s Central Bank Has GoldReserves Visa Goes Down in the UK, Chaos Ensues, Cash is Suddenly King Prices and Charts Looking to sell your gold and silver?Visit this page for more […]

The post Visa Outage in the UK Shows Importance of Having Cash Reserves appeared first on Gold Survival Guide.

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
$1918
1kg NZ 99.9% pure silver bar 
1 Kilo NZ Silver Bar
$844 (price is per kilo for orders of 1-24 kgs)
$836 (price is per kilo only for orders of 25 kgs or more)
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1oz PAMP Suisse 99.99% pure gold bar
PAMP Lunar Goat Gold Bar
$1949
1kg PAMP 99.9% pure silver bar
PAMP Silver
$903
1oz Canadian Gold Maple 99.99% pure gold coin
Gold Maple
$1986    (or $1966 for 5 or more Backdated Year Coins)
1oz Canadian Silver Maple 99.99% pure silver coin
(Minimum order size tube of 25 coins)

Silver Monster Box
Tube of 25 $745
Box of 500 $14,540 (2018’s)
(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
  • Plus we accept Bitcoin, Bitcoin Cash, Visa and Mastercard
  • 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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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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