Friday, November 16, 2012

Travelling

Over the next five weeks I will be travelling to Africa, Europe and the USA. I will attempt to gather snippets of financial news that I will gather from these locations and try and update this blog regularly.

Gold in New Zealand dollars: $2119.38 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $40.31 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
_____________________________________________________________

The Anglo-Far East Company
AFE is the gold bullion custodial provider of choice for the sophisticated investor,
families, and institutions that require the highest level of discretion, competence,
safety, and service. Your reference when you order: an-001
_____________________________________________________________

Go More Raw Seven Day Raw Food Program

Raw food can be interesting, satisfying and taste fantastic. The big bonus is the
optimum nutrition in raw food. For seven days you can put raw food to the test
and you could be pleasantly surprised.
_____________________________________________________________

Wednesday, November 14, 2012

House Prices in New Zealand v Gold - October, 2012

Last month, the gold ounce to house price ratio has moved in favour of housing over the past month. It now takes 12 gold ounces more to buy the median priced Auckland house than it did in September, and 8 ounces more to buy a median priced house in New Zealand.





Gold in New Zealand dollars: $2104.15 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $39.63 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
_____________________________________________________________

The Anglo-Far East Company
AFE is the gold bullion custodial provider of choice for the sophisticated investor,
families, and institutions that require the highest level of discretion, competence,
safety, and service. Your reference when you order: an-001
_____________________________________________________________

Go More Raw Seven Day Raw Food Program

Raw food can be interesting, satisfying and taste fantastic. The big bonus is the
optimum nutrition in raw food. For seven days you can put raw food to the test
and you could be pleasantly surprised.
_____________________________________________________________

Monday, November 12, 2012

Public Pensions in the U.S. will cost $5 Trillion

Loss of Trust in Government – Public Pensions in the U.S. will cost 5 Trillion to taxpayers
Over a period of thirty years, $1,400 would have to be paid for every household of the country in order to fulfill the five trillion U.S. dollar Public pension for new and current retired employees... see the rest here

Gold
in New Zealand dollars: $2127.05 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $39.99 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
_____________________________________________________________

The Anglo-Far East Company
AFE is the gold bullion custodial provider of choice for the sophisticated investor,
families, and institutions that require the highest level of discretion, competence,
safety, and service. Your reference when you order: an-001
_____________________________________________________________

Go More Raw Seven Day Raw Food Program

Raw food can be interesting, satisfying and taste fantastic. The big bonus is the
optimum nutrition in raw food. For seven days you can put raw food to the test
and you could be pleasantly surprised.
_____________________________________________________________

Thursday, November 8, 2012

Do You Still Hold Gold?

This is a question that I get occasionally.

What is it asking?

You - yes me
Still - has anything changed whereby I shouldn't. Have the central banks worldwide stopped printing money?
Hold - I wish, it is quite shiny and bright and heavy for its size. Beautiful really. Probably why its been the best money for 5000 years. No, I don't hold it; physically. But it is safe, no counter-party risk. It's mine. See the the Anglo Far-East website for details.
Gold - best money ever. Why not?

Then there is the peculiar question, ‘Why do you buy gold, after all, you can’t eat it’. But an answer for that question another day. Or perhaps another universe. Anyway, try eating a dollar bill...

The first question is often puzzling because I was usually not aware that these people even knew I was interested in gold. Where did they hear this? But the most perplexing part of this is why haven’t they talked to me about it before? Do I have some form of disease or are they unsettled in some way by the concept?

But I think there may be a more ‘disturbing’ reason behind the question. People are waiting for the right time to jump into buying gold and silver. Waiting for that perfect moment when they know definitely that they will make money.

The right time.  Now there’s the investor conundrum in three words.

Tell me the exact right time to invest in anything and I would probably own all the resources that exist. But don’t worry, I’d be a great World Dictator and be graciously benevolent and give you a ‘little’ bit. Maybe.

So with precious metals, when do I consider the right time to invest or buy. The advice I have taken, and that has worked for us, is to use the ‘dollar cost average’ approach. That is you buy regularly and often when you can afford to.

But the typical new investor will think this way:

I will wait for the price to drop and then I will buy.
The price drops
Oh, I will now wait a little longer as the price has dropped and I don’t want to jump in now as it might dip further.
The price goes up
Oh, I think I’ll wait till the price dips again like last time and then buy some.
The cycle continues
The Investor never buys gold and silver

You see in precious metals you need to look at the fundamentals behind the market. Prices will fluctuate considerably at times. Your fear may get to you an you may never actually start to save in gold and silver. Look to the long-term and remain strong. If you do your homework and listen to the right people, you will feel less fear about what you are doing.

The bottom line for me is this. Government can 'create' money with computer bits and bytes. Gold and silver have been money for 5000 years and cannot be created by anyone.

Gold in New Zealand dollars: $2078.36 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $38.52 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
_____________________________________________________________

The Anglo-Far East Company
AFE is the gold bullion custodial provider of choice for the sophisticated investor,
families, and institutions that require the highest level of discretion, competence,
safety, and service. Your reference when you order: an-001
_____________________________________________________________

Go More Raw Seven Day Raw Food Program

Raw food can be interesting, satisfying and taste fantastic. The big bonus is the
optimum nutrition in raw food. For seven days you can put raw food to the test
and you could be pleasantly surprised.
_____________________________________________________________

Wednesday, November 7, 2012

Gold; a Time-tested Form of Money

Here are some timely reminders about the monetary value of gold and risk from an article by the Hard Assets Alliance.

"... gold is not an obscure metal that sits in a vault and "does nothing." It offers direct and immediate financial protection for you and your family like nothing else can.

Remember that gold is above all else the world's best, time-tested form of money – something people were duped into doubting in the 20th century, but are now beginning to remember. Today's environment is exactly one in which gold shines: eroding purchasing power of paper currencies, vulnerable global economies, fears of inflation and/or deflation, a shaky banking system, insurmountable public debt levels, and fanciful money-printing schemes… if there were ever a time to own gold, this is it.

Having metal in your control and at your disposal empowers you in times of turmoil and lets you avoid dependence on counter parties.

Second, this trend carries a subtle signal: diversify. If risks are at a level sufficient to encourage holding physical metal, it's also worth diversifying that risk. Stash some at home, use private vaults, and store some internationally. Even large institutional investors frequently use more than one facility. No single method or location is risk-free, so spread it around."

Gold in New Zealand dollars: $2074.57 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $38.69 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
_____________________________________________________________

The Anglo-Far East Company
AFE is the gold bullion custodial provider of choice for the sophisticated investor,
families, and institutions that require the highest level of discretion, competence,
safety, and service. Your reference when you order: an-001
_____________________________________________________________

Go More Raw Seven Day Raw Food Program

Raw food can be interesting, satisfying and taste fantastic. The big bonus is the
optimum nutrition in raw food. For seven days you can put raw food to the test
and you could be pleasantly surprised.
_____________________________________________________________

Monday, November 5, 2012

Biscuits and Inflation

In New Zealand we have this chocolate biscuit called a toffee pop. Now I'm not going to describe it completely, as it might cause you to lust after things that will inevitably produce your health downfall.

And I too might be tempted...

Suffice to say, that the toffee pop I picked up today nowhere near resembles the toffee pop I would have picked up 15 years ago.

Gone are the lashings of toffee beneath a thick chocolate facade. This is replaced with the thinnest of toffee coatings with the thinnest of chocolate overlay. Now you thought gold could be beaten to the ultimate ultra-thin slither. Think again.

But the strange thing about my toffee pop today was that I noticed it. Probably because I haven't partaken of one for many a year. You see, we eat a little healthier now. My wife is a raw food coach. Say no more. So for me, there was none of the slow change in product size that makes people unwary of a sneaky producers fraudulent ways. No, I could tell straight away that this biscuit was a compete wolf biscuit in sheep's biscuit clothing.

But here's the kicker. It was enormously smaller, but at the same or similar price to 15 years ago.

This is one way that manufacturers are coping with inflation. The consumer price indices of many countries tell us inflation is low. But to me, there is far more to that statistic than meets the eye. The inflation rate stays normal or low, but you aren't getting the same things for the same amount of money.

Quite a scam really. But cunning in it's execution.

Gold in New Zealand dollars: $2035.65 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $37.47 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
_____________________________________________________________

The Anglo-Far East Company
AFE is the gold bullion custodial provider of choice for the sophisticated investor,
families, and institutions that require the highest level of discretion, competence,
safety, and service. Your reference when you order: an-001
_____________________________________________________________

Go More Raw Seven Day Raw Food Program

Raw food can be interesting, satisfying and taste fantastic. The big bonus is the
optimum nutrition in raw food. For seven days you can put raw food to the test
and you could be pleasantly surprised.
_____________________________________________________________

Friday, November 2, 2012

The Original Private Bullion Custodian

Here is an excellent segment from Al Korelin featuring Duncan Cameron of The Anglo Far-East Company and Marshall Berol. Duncan outlines why we need to be diversified into precious metals in these days of currency debasement.



Gold
in New Zealand dollars: $2074.61 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $38.98 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
_____________________________________________________________

The Anglo-Far East Company
AFE is the gold bullion custodial provider of choice for the sophisticated investor,
families, and institutions that require the highest level of discretion, competence,
safety, and service. Your reference when you order: an-001
_____________________________________________________________

Go More Raw Seven Day Raw Food Program

Raw food can be interesting, satisfying and taste fantastic. The big bonus is the
optimum nutrition in raw food. For seven days you can put raw food to the test
and you could be pleasantly surprised.
_____________________________________________________________