RBNZ Cheap Loans Continue – Official Cash Rate On Hold at 0.25 Percent

Rbnz cheap loans continue - official cash rate on hold at 0.25 percent

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 N/A in Level 4
Buying Back 1kg NZ Silver 999 Purity N/A in Level 4

NZD Gold Bouncing Back Over $100 Since Last Week

Gold in New Zealand dollars was up over $100, or more than 4%, in the past 7 days. This speedy bounce back means NZD gold has already regained all of last week’s plunge. It is now back above both the 50 day and 200 day moving averages.

However, after such a fast bounce back it would not be a surprise to see a pullback before gold gets too much higher.

NZ Dollar Gold Chart

NZD Silver Up Almost 2.5%

Silver in New Zealand dollars is up around 80 cents since last Wednesday. Regaining around half of last week’s plunge down. NZD silver is now back above the horizontal support line at $34 and has moved out of the most oversold it had been since the initial March 2020 panic.

NZ Dollar Silver Chart

NZ Dollar Plunges Over 1%

Following yesterday’s lockdown announcement, the New Zealand dollar is down over 1% from a week ago. As suspected the Kiwi has been unable to get above the 200 day moving average. Having not been above that line since June. The NZD is now at the lowest point it has been this year.

NZ Dollar Chart

Need Help Understanding 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


—– OFFER FROM OUR SISTER COMPANY: Emergency Food NZ —–

Long Life Emergency Food

90 serve organic emergency food

These easy to carry and store buckets mean you won’t have to worry about the shelves being bare…

Free Shipping NZ Wide

Get Peace of Mind For Your Family NOW….

  
—–

The Latest on Gold and Silver Manipulation Exposed

After last week’s flash crash in gold and silver, we pointed out that this wasn’t the first time we have seen what is likely to be manipulation of gold and silver. See: Deja Vu – Precious Metals Smashed Lower… Again

Now, some might say manipulation is just some tinfoil hat nutjob conspiracy theory.

However there has actually been a large number of charges brought against banks for doing just that.

Read this week’s feature article to see just how many and how significant some of the fines have been.

  • Latest Precious Metals Manipulation Charges
  • “Spoofing” Proven to Be Widespread
  • A Deluge of Information on Gold and Silver Manipulation
  • A Visual Representation of Manipulation in Precious Metals Markets
  • Are the Regulators Serious about Ending Gold and Silver Manipulation?
  • Not All Silver Price Rigging is Illegal

The Latest on Gold and Silver Manipulation Exposed

The Latest on Gold and Silver Manipulation Exposed

Gold Survival Guide Android App
Download on Google Play

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

If Gold and Silver Are Manipulated, Why Bother Investing?

Following on the same theme, we also have a great article that answers the question that then springs to mind: If Gold and Silver Are Manipulated, Why Bother Investing?

If Gold and Silver Are Manipulated, Why Bother Investing?

RBNZ Cheap Loans Continue – Official Cash Rate On Hold at 0.25 Percent

Amazing what a difference a day can make. After much talk from bank analysts that the RBNZ may hike interest rates by 0.50% today, instead they left them on hold.

The uncertainty around the latest “outbreak” is their rationale for holding at the record low rate.

We have maintained that this central bank is likely to follow most others and err on the side of too much cheap currency, rather than too little. This announcement certainly points to that being the case.

Expect more bubbles of the asset variety to go along with the enforced household “bubbles”.

Good Luck

Good luck to everyone, and business owners especially, in surviving this latest lockdown order. The continuing pursuit of an elimination strategy looks like it might not be the last one we see. It seems those people we reported last week buying emergency food had likely seen this one coming.

As noted already we can continue to take orders and lock in prices for gold and silver. However like last year, dispatch of orders will have to wait until the lockdown is lifted and normal courier deliveries resume.

So get in contact if you’d like a quote:

  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

— Prepared for the unexpected? —


Never worry about safe drinking water for you or your family again…

Big Berkey

  The Berkey Gravity Water Filter has been tried and tested in the harshest conditions. Time and again proven to be effective in providing safe drinking water all over the globe.

This filter will provide you and your family with over 22,700 litres of safe drinking water. It’s simple, lightweight, easy to use, and very cost effective.

Shop the Range…

—–



This Weeks Articles:

If Gold and Silver Are Manipulated, Why Bother Investing?

Tue, 17 Aug 2021 3:10 PM NZST

We’ve answered the question “Why buy gold and silver if they are manipulated?” before. But only in brief where we said: “if this manipulation is ongoing how can we trust them to retain or increase in value compared to fiat currency? We only have history as a guide for this. Assuming manipulation has been going […]

The post If Gold and Silver Are Manipulated, Why Bother Investing? appeared first on Gold Survival Guide.

Read More…

The Latest on Gold and Silver Manipulation Exposed

Tue, 17 Aug 2021 2:03 PM NZST

After last week’s flash crash in gold and silver, we pointed out that this wasn’t the first time we have seen what is likely to be manipulation of gold and silver. See: Deja Vu – Precious Metals Smashed Lower… Again Latest Precious Metals Manipulation Charges Manipulation has been proven in a court of law on […]

The post The Latest on Gold and Silver Manipulation Exposed appeared first on Gold Survival Guide.

Read More…

Deja Vu – Precious Metals Smashed Lower… Again

Sun, 15 Aug 2021 3:53 AM NZST

Deja vu - precious metals smashed lower... AgainPrices and Charts Looking to sell your gold and silver? Visit this page for more information Buying Back 1oz NZ Gold 9999 Purity $2375 Buying Back 1kg NZ Silver 999 Purity $1037 Gold Down Almost 4% It has been an eventful past week for precious metals. On Friday night in US markets gold plunged lower […]

The post Deja Vu – Precious Metals Smashed Lower… Again appeared first on Gold Survival Guide.

Read More…

What Good is a Bar of Gold When the Shelves are Empty?

Tue, 10 Aug 2021 9:30 PM NZST

Demand for Emergency Food Again Rising In January 2020 our sister website – Emergency Food NZ – saw a huge increase in sales of long life freeze dried emergency food. In hindsight, it seems a small group of people started to become concerned about the potential for the Corona Virus reaching these shores much earlier […]

The post What Good is a Bar of Gold When the Shelves are Empty? 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
$2686
1kg ABC 99.95% pure silver bar
1 Kilo NZ Silver Bar
$1,261.50 (In stock) or local silver bar $1228
Order Now Button
1kg “Scottsdale Gold” Bar 99.99% with unique serial number

$86,065
1 oz Gold PAMP Suisse Lady Fortuna Minted Bar with Certificate
1oz Pamp gold bar
$2,801 (in stock)
1oz Canadian Gold Maple 99.99% pure gold coin (2020)
Gold Maple
$2,786 (on pre order)
1 oz RCM Silver Maple Coin
(Minimum order size tube of 25 coins)

Silver Monster Box
Tube of 25: $1,088 (pick up) (in stock)
Box of 500:

$21,405 (Pre-order)

(Fully insured and delivered)

Order Now Button

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 BTC, BCH, 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.

Order Now Button

Can’t Get Enough of Gold Survival Guide?
If once a week isn’t enough sign up to get daily price alerts every weekday around 9am Click here for more info

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

Follow us on Twitter Find us on Facebook

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 © 2020 Gold Survival Guide.
All Rights Reserved.

2 thoughts on “RBNZ Cheap Loans Continue – Official Cash Rate On Hold at 0.25 Percent

  1. Pingback: What Do These Recent Large Purchases of Gold Around the Globe Signify? - Gold Survival Guide

  2. Pingback: Sign of a Bottom? Gold Mining Shares Go Below Their Book Value - Gold Survival Guide

Leave a Reply

Your email address will not be published. Required fields are marked *