Silver Bouncing Off Trendline

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 $2709
Buying Back 1kg NZ Silver 999 Purity $762

Gold Unchanged From Last Week

Gold in New Zealand Dollars is pretty well unchanged from a week ago at $2827 per ounce today.

It pulled back below $2800 but then bounced up off the rising trendline. Making yet another higher low for 2020.

There’s a good chance NZD gold is building to take a crack at the $3000 mark.

However we remain a loooong way above the 200 day moving average ($2437). At some point gold will return to this level. However that doesn’t mean we’ll necessarily see a sharp fall of $400 per ounce. We could see the price grind sideways and the 200 day moving average continue rising to meet the price.

So what to do. Is it too late to buy? Wait for a pull back? We attempt to answer this question in our video this week. Adding some much needed new content to our Youtube channel. Let us know what you think of video content vs written? We’re aiming to add more video but keep doing written content too.

NZ Dollar Gold Chart

Silver Bouncing Off Trendline

NZD silver this week bounced off the blue trendline and headed higher. Perhaps that is the end of the recent correction from near $27 in early April?

The 200 day moving average is what we still want to see bettered before we get too excited about silver’s prospects.

NZ Dollar Silver Chart

NZ Dollar Unchanged

The New Zealand dollar is unchanged from a week ago. Sitting at 0.605. So far it has been unable to get itself back above the 0.62 mark. The level from which it plunged during the market crash in March. Still clearly in a downtrend.

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 —–

Here’s how to always have clean fresh drinking water on hand.

The Sport Berkey Water Filter Bottle – $69 Delivered

Ideal for travel. Driving, camping, backpacking.

Free Shipping NZ Wide.

Berkey Sport Bottle

Is it Too Late to Buy Gold?

As the gold chart above shows, the NZ dollar price has risen over $500 per ounce since the start of the year.

So it’s not unreasonable to ask, is it too late to buy gold?

This video looks at a number of methods to try and place a value on gold and determine where the dollar price of it may go. Including:

  • Gold backing of the dollar
  • Gold backing of debt
  • Comparing gold to shares and housing
  • Inflation adjusted prices
  • Plus what might do better than gold

These methods are worth following as they’ll also help you determine when you might trade your gold for another cheaper asset…

Is it Too Late to Buy Gold? [Video]

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

How Do You Value Gold | What Price Could Gold Reach? Updated 2020

The video above mentions this post. We’ve just updated it to reflect the massive increase in quantitative easing that we have seen since March. The numbers are quite mind boggling. As are the potential prices gold could get to if history rhymes even a little bit.

How Do You Value Gold | What Price Could Gold Reach? Updated 2020

Once you’ve digested everything in today’s email, you should get the idea that there is plenty of upside ahead for precious metals. if you’re looking to buy, suppliers are starting to clear the backlog of orders so delivery times seem to be coming down now.

Get in touch if you have any questions about buying gold or silver.

  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 Water FIlter


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.

Royal Berkey Water Filter

Shop the Range…


—–



This Weeks Articles:

Is it Too Late to Buy Gold? [Video]

Wed, 6 May 2020 2:50 PM NZST

Is it too late to buy goldIs it Too Late to Buy Gold? The NZ dollar price has risen over $500 per ounce since the start of 2020. So it’s not unreasonable to ask, is it too late to buy gold? This video looks at a number of methods to try and place a value on gold and determine where the […]

The post Is it Too Late to Buy Gold? [Video] appeared first on Gold Survival Guide.

Read More…

How Do You Value Gold | What Price Could Gold Reach? Updated 2020

Tue, 5 May 2020 12:57 PM NZST

We received a question from a reader “What will the future resale value of gold be?” Or rather what they were really getting at, what price will gold likely reach in the future? How do you value gold? They accepted we did not have a crystal ball – although that would be handy! They were […]

The post How Do You Value Gold | What Price Could Gold Reach? Updated 2020 appeared first on Gold Survival Guide.

Read More…

Why Gold Bullion is Your Financial Insurance (& How It’s Still Not Too Late to Buy)

Wed, 29 Apr 2020 1:35 PM NZST

Why Gold Bullion is Your Financial insuranceA financial crisis has been triggered by a global pandemic. See how gold bullion can protect you from the crisis unfolding. And how it’s not too late to buy now… Given that we hear the price of gold quoted each day in the financial news, it’s not surprising that most people buy gold with the […]

The post Why Gold Bullion is Your Financial Insurance (& How It’s Still Not Too Late to Buy) appeared first on Gold Survival Guide.

Read More…

Negative Interests Rates in NZ by November?

Wed, 29 Apr 2020 11:52 AM NZST

Prices and Charts Looking to sell your gold and silver? Visit this page for more information Buying Back 1oz NZ Gold 9999 Purity $2710 Buying Back 1kg NZ Silver 999 Purity $755 NZD Gold: Higher Highs, Higher Lows Since the current crisis began, gold in New Zealand dollars continues to make a series of higher […]

The post Negative Interests Rates in NZ by November? 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
$2924
1kg NZ 99.9% pure silver bar
1 Kilo NZ Silver Bar
$910
Order Now Button
1oz PAMP Suisse 99.99% pure gold bar
PAMP Lunar Goat Gold Bar
$N/A
1kg PAMP 99.9% pure silver bar
PAMP Silver
$N/A
1oz Canadian Gold Maple 99.99% pure gold coin (2020)
Gold Maple
$N/A
1oz Canadian Silver Maple 99.99% pure silver coin
(Minimum order size tube of 25 coins)

Silver Monster Box
Tube of 25 $N/A
Box of 500
$N/A 

(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 © 2019 Gold Survival Guide.
All Rights Reserved.

Get Free Gold & Silver Tips and Deals!

  • Get weekly news and tips on buying, storing, and selling gold and silver.
  • Be the first to know about limited quantity gold and silver deals.
  • Get our free 19 Nuggets on Buying Gold and Silver guide right away to help you become a bullion expert.
Email Address *
First Name
*Required Fields
Note: It is our responsibility to protect your privacy and we guarantee that your data will be completely confidential.

One thought on “Silver Bouncing Off Trendline

  1. Pingback: Why it’s Almost Guaranteed Currency Printing and Debasement Will be Used to “Solve” the Debt Crisis - Gold Survival Guide

Leave a Reply

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

Want to Track Gold & Silver Prices Every Day?

Get a daily price alert every weekday.

 

Along with free charts and analysis of what the price may do.

Email Address *
First Name
*Required Fields

You have Successfully Subscribed!