Charting “guru” Chris Kimble this week had a long term silver chart that posits the theory that silver is very close to having bottomed out. This chart and his discussion refers to silver in US Dollars. Afterwards we’ll have a longer term NZD silver chart for you with our thoughts too. Here’s Chris: Silver; Bottoming […]
Tag Archives: new zealand
29
Mar
Mar
The financial privacy of New Zealanders is to be further eroded this year. But could this also be the first small step in capital controls being implemented in New Zealand? New Banking rules set to come into force in November will mean any cash transactions over $10,000 will have to be reported to police by […]
17
Jan
Jan
See why the banker movement against cash will be pushed more aggressively in small economies first before spreading to larger economies and so why New Zealand may next be in the firing line… In the Banker War on Cash, New Zealand and Canada Are the Next Major Countries on the Banker Hit List As we warned […]
17
Jan
Jan
2016 was an eventful year with the “surprise” results of Brexit and the US presidential elections. So with 2016’s end it’s time for our review of gold and silver performance in NZ Dollars during the calendar year. Plus a look back at our predictions from a year ago as well. After all there is no […]
15
Dec
Dec
Another week, another step close to the end of cash down under? Overnight it was announced that the Australian government was to launch a special taskforce to police the cash economy which is supposedly worth an estimated AU$21 billion a year. “[Minister for Revenue and Financial Services Kelly] O’Dwyer told the ABC not only is […]
23
Nov
Nov
We’ve written and shared multiple articles on the topic of the War on Cash over the past couple of years. Here’s a bunch of them if you need some background: https://goldsurvivalguide.co.nz/tag/war-on-cash/ War on Cash: The Bazookas Arrive This war on cash has certainly heated up over the past couple of weeks. First the Indian government […]
02
Jun
Jun
We’ve had a bit of an influx of questions from readers lately. Some we’ve had and answered previously and some not. Here’s a selection of them from this week… Kiwisaver Precious Metals Options? “Query: Is there an option to move a Kiwisaver investment to Gold and Silver options?” Thanks for your question. We’re pretty […]
11
May
May
Bank runs might seem like a far fetched possibility, both in the USA and here in New Zealand. But the below article shows just how little physical paper currency there is available in the USA compared to the total dollars in US cheque and savings accounts. It inspired us to have bit of a dig around […]
04
May
May
Gold and silver have both moved sharply higher this year. So many people are thinking “we must see a decent sized precious metals correction now after such a big move higher”. Surely this makes sense right? Well, we have a few thoughts on why it just might not be as clear cut as this… Gold […]
19
Apr
Apr
Last October we wondered whether we had seen a trend change with the US Dollar starting to weaken. Or rather for us here in New Zealand, the Kiwi Dollar starting to strengthen. We thought it was time to check back in on this theory as it indeed seems to have been the case. Below is […]