Monday, May 27, 2013

Do the Math - Grant Williams

Are the equity markets set for a correction soon? Seems likely. Pull up a chair and have a look at this video.





Gold in New Zealand dollars: $1718.41 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $27.87 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
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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
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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.
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Monday, May 20, 2013

Causes of the Stock Market Crash of 1929


Interesting parallels to today.

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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, May 16, 2013

House Prices in New Zealand v Gold, April 2013

In April, 2013, the gold ounce to house price ratio has moved in favour of property. It now takes 30 gold ounces more to buy the median priced Auckland house than it did in March, and 19 ounces more to buy a median priced house in New Zealand.





Auckland prices are back to February 2009 levels. Will they keep increasing against gold? Note that gold took a larger than expected (and justifiable) hit in April and the latest May figures for house prices in Auckland show weakness.
_____________________________________________________________

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.
_____________________________________________________________

Tuesday, May 14, 2013

The New Zealand Housing Market - Tumble Weed Alert

If you were a bit cynical like me, you might think the Real Estate industry here in New Zealand was keeping deliberately quiet about the latest house price figures for April 2013.

You see, the figures aren't so good. OK, so its not they are that bad, however the the prices are down 3% overall in New Zealand and 1.25% specifically in Auckland.

No headlines spruiking the increase in house values and buy now before they get higher talk. Nope, just tumble weed blowing through that abandoned marketing hoohaa . The silence says it all.

Next month there could well be an increase, but the latest falls are signalling a stalling top.

Cautioning young house-hunters right now should be the mantra of all involved in the housing industry. Coaxing young workers into large mortgages could almost be considered .... but I shouldn't really say that.

Banks have been at the forefront of this frenzy to lend the easy money gained from the US, Japan and European money printing craziness. Foistering their wares on starry eyed house investors. Since when did banks care anyway, after all, next time they get into trouble they are taking at least 10% of YOUR money through bail-ins. Don't think so? Think again, think Cyprus.

Note too that once the Chinese, who make up a considerable portion of the current Auckland market, get spooked by government policy (subsidised housing) or Council rhetoric (opening up green fields) then watch this market bubble burst in a hurry.

Tomorrow we look at the housing verses gold chart for April 2013.

Gold in New Zealand dollars: $1736.00 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $28.53 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, May 9, 2013

Why There May Be a Lot Less Gold than We Realize

Chris Martenson is a sensible bloke. He is usually very measured in his thought processes and does very good research. In my opinion, this article is therefore worth your reading:

Why There May Be a Lot Less Gold than We Realize

Exactly How Much Gold Do We Have?

There's growing concern that a lot of official gold has been leased out into the market and that sooner or later, as happened back in the late 1990s, one or more parties, perhaps bullion banks or a metals exchange, would run into difficulty trying to meet a physical gold delivery commitment... more

Gold in New Zealand dollars: $1741.70 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $28.49 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.
_____________________________________________________________