Okay - here is the final update....... Our new property settled...

Okay - here is the final update....... Our new property settled successfully yesterday as planned. Here are the final facts....

Reconciliation of Settlement Day Vs Purchase Offer Acceptance Day

19/6/24 - Agreed Purchase Price (Nominal) = NZD$1,060,000
- NZD gold price per ounce = NZD$3,796.00
- Purchase Price measured in Gold Ounces = 279.24 Ounces

31/10/24 - Settlement of Purchase Price (Nominal) = NZD$1,060,000
- NZD gold price per ounce = ~NZD$4,665.00
- Settlement Price measured in Gold Ounces = 227.22 Ounces

- Gold Ounces Saved between Purchase Offer Day & Settlement Day (~4.5 months) = 52.02 Ounces
- Purchase Price Discount (Nominal) = NZD$242,673

- Actual Purchase Price (Nominal) = NZD$817,327

NOTE: If we had made a purchase price offer of $817,327, we would have been laughed off the property. The bottom line is, FIAT currency is shit and is collapsing in front of our eyes. Our above property purchase is evidence of this and for those that understand the power of the metals, it is as plain as the nose on your face. Unfortunately, the majority still can't see what is happening.

Our lovely vendor is thrilled with her NZD$1,060,000 (nominal). However, she has not found another property to purchase after 4 months of searching and is now renting. Her $1,060,000 is sitting in the bank - waiting to get ravaged by inflation, if it doesn't get "bailed in" first.

We are also thrilled.....

No more updates.