In December I wrote that I believed 2020 was going to be another strong year for New Zealand Dollar priced gold, and as yet I haven’t been disappointed.
From a market close at Christmas 2019 of $2245/oz gold to the time of writing, gold has just pushed through $2633/oz (up 17.2% as at 24/2/2020).
Bite sized money matters: Negative interest rates
“Negative interest rates are a legacy of the 2008 financial crisis. By bailing out insolvent banks and then allowing them to lever up 100x higher than before the crisis; the only recourse global central banks have now is to slow-default on trillions of debt via negative rates.” Max Keiser via Twitter @maxkeiser July 29, 2019
We are excited to soon be launching a beautiful range of pendants, chains and rings crafted from ethically sourced 24 karat gold or platinum.
These unique pieces will be sold on the basis of the current gold or platinum price, which means they wont attract GST like purchasing from a jeweller does – making it a smart way to purchase an investment piece.