NZ Small Business Revenue Follows Confidence Down

This Week:

  • Bitcoin, Bubbles, Gold & Silver
  • What Type of Silver Bar Should I Buy? – The Ultimate Guide to Silver Bars
  • The Gold Standard & A Free Market For Money: What Do We Think About It?
  • NZ Small Business Revenue Follows Confidence Down

Prices and Charts

Change from last weeks gold and silver prices

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NZD Gold Pulling Back After Getting Close to 2 Year Highs

NZD gold is down about half a percent this week. Pulling back after getting close to 2 year highs just above $1900.

We could see a further retracement to the 50 and 200 day moving averages from here. Just above $1830. That is likely to be a good buying zone.

NZ Dollar Gold Chart

NZD silver dropped much more sharply this past week. Down just under 2% and now sitting back on the 50 day moving average again. NZD silver could go either way from here. But we’d guess the 50 day MA could prove to be solid support.

NZ Dollar Silver Chart

Meanwhile the Kiwi dollar is once again challenging the 50 day moving average line. A line it hasn’t managed to get definitively above since April. However this week the dollar may have made a higher low. So perhaps it could be done falling  for now. And maybe will try to consolidate around these levels?

NZ Dollar Chart

Need Help Understanding the Charts?

Check out this post if any of the terms we use when discussing the goldsilver and NZ Dollar charts are unknown to you:

Gold and Silver Technical Analysis: The Ultimate Beginners Guide

Continues below

 

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Bitcoin, Bubbles, Gold & Silver

Darryl Schoon looks at bitcoin and cryptocurrencies and how they have likely been driven higher, along with other financial assets by the second bailout for banks (quantitative easing).

He also looks at the absence of a bubble in gold and silver and why this is. Along with an interesting method of trading bitcoin based derived from Professor Antal Fekete’s study of the gold basis.

Bitcoin, Bubbles, Gold & Silver

Bitcoin, Bubbles, Gold & Silver

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What Type of Silver Bar Should I Buy? – The Ultimate Guide to Silver Bars

Our recent article What Type of Gold Bar Should I Buy? proved very popular. So here is the equivalent for silver.

You’ll learn everything you need to know when buying silver bars including:

  • When to choose silver bars over silver coins
  • What size silver bar to buy
  • Pros and cons of different silver bar sizes
  • What’s the most commonly purchased silver bar size
  • Different brands of silver bars
  • Cast bars vs minted bars
  • When are silver coins not more expensive than silver bars

What Type of Silver Bar Should I Buy? – The Ultimate Guide to Silver Bars

What Type of Silver Bar Should I Buy? - The Ultimate Guide to Silver Bars

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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The Gold Standard & A Free Market For Money: What Do We Think About It?

A recent article, Why New Zealand Won’t Have Any Say in a Global Currency Reset,prompted a couple of questions this week on the gold standard.

So check this out and you’ll learn about the various gold standards and exchange rate regimes over the past 200 years. Along with what the option may be instead of a return to a gold standard. Including our thoughts on the gold standard, a free market for money and cryptocurrencies.

The Gold Standard & A Free Market For Money: What Do We Think About It?

The Gold Standard & A Free Market For Money: What Do We Think About It?

NZ Small Business Revenue Follows Confidence Down

We’ve been reporting lately on the slow down in the NZ economy. See: Could Stagflation Happen Again?  and  New Zealand Inflation Up More Than Expected – What’s Coming Next?

A new survey out this week focused on small and medium sized business shows a sharp slump in both general confidence and – more worryingly – revenue, with petrol costs standing out as the biggest concern.

“The MYOB Business Monitor Snapshot, which polls 412 small and medium sized business operators, found 53 per cent now expect New Zealand’s economy to decline over the next 12 months.”
Read more

So we are starting to see some actual numbers to support the low business confidence numbers in NZ.

New Zealand’s September net migration gain down 21% from September 2016 peak

Net migration numbers also continue to fall.

“Statistics NZ said there was a net gain of 6263 people in September, which was the lowest it has been for the month of September since 2014.

That’s down 21% from the September 2016 peak of 7904.

On an annual basis there was a net gain of 62,733 in the 12 months to September, the lowest it has been for that period since 2015, and down 12% from the September year peak of 70,986 in the 12 months to September last year.

The fact that the monthly net gain figures are falling at a faster rate than the annual figures suggests the numbers are continuing to decline.”
Source.

This is adding a bit of weight to what we surmised back in July when we wrote:

Net Migration Falling – Could This Tip NZ into Recession?

So be sure you have some hard assets as financial insurance in case of a downturn and fall in other asset prices.

Check out the deals going currently.

  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:

The Gold Standard & A Free Market For Money: What Do We Think About It?

Wed, 31 Oct 2018 12:25 PM NZST

In this article you’ll learn about the various gold standards and exchange rate regimes over the past 200 years. Along with what the option may be instead of a return to a goldstandard. What do we all think of when the term “The Gold Standard” is bandied about? When you hear some US politicians […]

The post The Gold Standard & A Free Market For Money: What Do We Think About It?appeared first on Gold Survival Guide.

Read More…

What Type of Silver Bar Should I Buy? – The Ultimate Guide to Silver Bars

Tue, 30 Oct 2018 2:08 PM NZST

Read More…

Bitcoin, Bubbles, Gold & Silver

Mon, 29 Oct 2018 5:17 PM NZST

Bitcoin, Bubbles, Gold & SilverWe haven’t heard from Darryl Schoon in a while. He’s back with some thoughts on bitcoin and why gold and silver are just about the only assets not to have reached bubble territory in quantitative easing crack-up boom…     BITCOIN, BUBBLES, GOLD & SILVER In January 2009, when bitcoin was released, its value was […]

The post Bitcoin, Bubbles, Gold & Silver appeared first on Gold Survival Guide.

Read More…

Former RBNZ Governor: A decade of high debt and loose money comes home to roost

Fri, 26 Oct 2018 8:48 AM NZST

This Week: Why is it More Expensive to Buy Silver in New Zealand? Should I Buy Gold and Silver Coins or Bars? New Zealand’s Harsh International Border Rules Making the News Overseas Swiss Refiner MKS Pamp on Short Squeeze For Gold Former RBNZ Governor: A decade of high debt and loose money comes home to roost Prices and Charts Looking to sell […]

The post Former RBNZ Governor: A decade of high debt and loose money comes home to roost 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
$1935
1kg NZ 99.9% pure silver bar 
1 Kilo NZ Silver Bar
$773 (price is per kilo for orders of 1-24 kgs)
$766 (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
$1966
1kg PAMP 99.9% pure silver bar
PAMP Silver
$832
1oz Canadian Gold Maple 99.99% pure gold coin
Gold Maple
$2003    (or $1969 for 10 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 $690
Box of 500 $13,503 (2018’s)
$13,448 (backdated other 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
  • 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.
Copyright © 2018 Gold Survival Guide.
All Rights Reserved.

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