Here’s one of the main answers to the question “Why buy gold and silver?” Simply, because no fiat currency lasts forever. You might be surprised to learn that the New Zealand dollar has had a surprisingly large number of changes in its short existence. So it is unlikely to be an exception to this rule. […]
Tag Archives: New Zealand Dollar
The New Zealand Dollar has been up and down over the last 18 years. It has seen a lot of volatility since 2001. Trading in a wide range, with 0.40 being the low in 2001 and at a high of 0.88 in 2014. However from the chart below we can see that the overall trend […]
The New Zealand Dollar has been falling in value lately compared to the US dollar. The Kiwi dollar has also been losing value against its fellow commodity currencies, the Australian and Canadian dollars. Looking at the chart of the NZ dollar against the US dollar, the Kiwi dollar is getting close to the next level […]
Here’s three reasons why gold (in US Dollars) may keep on rallying and eventually break out of the multiyear downtrend it has been in. (In New Zealand Dollar terms gold already broke out of the downtrend in early 2016. So a breakout in USD gold will likely also boost the NZ gold price as well.)… […]