Live Gold & Silver Prices
Here are two very good options for buying gold & silver and having them stored for you in secure insured vaults:
Bullion Vault ......... and ......... Gold Money
For more details see this:
Why & Where to buy Gold & Silver
http://neuralnetwriter.cylo42.com/node/2535
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Gold
From: http://www.kitco.com/market/bp_charts.html
From: http://www.goldprice.org/gold-price.html
From: http://goldprice.org/gold-price-new-zealand.html
From: http://goldprice.org/gold-price-new-zealand.html
From http://www.kitco.com/images/live/gold.gif
Silver
From: http://www.kitco.com/market/bp_charts.html
From: http://silverprice.org/silver-price-per-ounce.html
From: http://www.kitco.com/images/live/silver.gif
Here are two very good options for buying gold & silver and having them stored for you in secure insured vaults:
Bullion Vault ......... and ......... Gold Money
For more details see this:
Why & Where to buy Gold & Silver
http://neuralnetwriter.cylo42.com/node/2535
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Wed, 07/04/2010 - 23:19
#2
When I last spoke to NZ Mint,
When I last spoke to NZ Mint, a couple of weeks ago, they had very good stocks of Gold in many formats. This was a surprise to me.
This time last year the waiting time for delivery was over 6 weeks.
I urge anyone considering a purchase to get it while the getting is good.
Fri, 16/04/2010 - 07:12
#3
My apologies Captain, I
My apologies Captain, I missed your post. Thanks 
I wonder what their silver stocks are like.
Latest prices from Twitter:
Quote:
# NZ$32 was the indicative price for 1 Silver Fern (min order 10oz) at 09:14am. Call 0800 969 468 for current/volume rates. #silver about 10 hours ago via web# NZ$1760 was the indicative price for a single Gold Kiwi at 09:13am. Call 0800 969 468 for a current/ volume rate. #gold #bullion #invest about 10 hours ago via web
GoldNZ$ = 1,619.90/oz
SilverNZ$ = 25.6998/oz
So premiums are:
Gold = 1760 / 1620 = 8.6%
Silver = 32 / 25.7 = 24.5% !!!
Mon, 19/04/2010 - 09:58
#4
I can't get into the idea of
I can't get into the idea of GoldMoney or BullionVault, I'm afraid. They are not storing it in NZ. Zurich is a long, long way away.
Physical only, in your possession.
NO COUNTERPARTY RISK.
We know things are gonna get real dodgy sooner or later. Who needs extra risk?
Not me. 
Mon, 19/04/2010 - 10:58
#5
I can appreciate your point of view
Captain,
I can appreciate your point of view, but no option is totally risk free.
GM now have a Hong Kong vault, at least that's closer
http://goldmoney.com/news-goldmoney-announces-hong-kong-storage-faciliti...
I think BV and GM provide one of the best secure facilities I know of. But I understand your concerns.
There is of course the ASB Vault: http://www.asbvault.co.nz/ But then that has the name of a bank in it's name!
Edited to add: Since writing this, I've written an article which explores the risks of all options:
Physical only, in your possession? But, every solution has risk by Steve Netwriter
http://neuralnetwriter.cylo42.com/node/4084
Tue, 20/04/2010 - 01:15
#6
I don't think so
I gotta disagree with you on that, Steve.
Physical Gold, in your possession, is substantially less risky than trusting a third party, in another country, whom you have never met, to make a purchase on your behalf, of an item you will never see, at a point in history where all paper contracts are being called into question.
Tue, 20/04/2010 - 01:21
#7
Captain,
Please read my post
Captain,
Please read my post again. What exactly do you disagree with?
I don't think I wrote anything that conflicts with your point of view.
Tue, 20/04/2010 - 04:55
#8
I disagree with the notion
I disagree with the notion that because one has stored some of their wealth in gold that is held by another party, one will have the same protection of said wealth as if one had physical possession of the bullion.
Including another party in the storage of wealth in any form is increasing ones exposure to risk. And the purpose of gold is to eliminate risk, to properly store wealth without a decline in purchasing power.
Being paid out in paper currency later because the storage provider can't deliver your physical to you completely defeats the purpose.
The New Zealand Mint is now posting daily prices on Twitter.
Anyone can view them here:
http://twitter.com/nzmint
For example:
As a guide to premiums, the current GoldNZ$ spot price is NZD1,624.90/oz and SilverNZ$ = NZD25.6198/oz.
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