I bought gold @ 890 but I did that as I expected the NZD to drop and to wait would make me pay more as gold is in USD.
I am 35% ahead even with the drop to 750 because of the exchange rate dropped way more but now gold is climbing again I think I will get a double win as even though the NZD has jumped this last week, it will not last as we are a country that has been creating private wealth in the housing market and actually producing nothing.
Apart from dead animals we have no economy.
Really I have done it because back in August I was clear the banks would fall and I even took a lot of cash out just to have under the mattress.
They say the NZ banks are safe but I do not believe a word of it.
I am self-employed and used to living on light funds and I have not built a "safe for retirement" portfolio so I cannot really understand how the cheated feel but if it was me, I would be looking up addresses.

I think it is simple. If they are not punished severely why should they not do it again? I would. Trusts need to be broken down to the actual user of the funds and hidden money taken and ALL assets taken and at least hard labour for life working to pay what has been taken so cynically. If they don't think that's fair give them a gun and a bullet.

It is going to really PMO watching high end lawyers dragging this out and all of the lip service given to "regulating". Keep it simple. Steel-pay the price. Steel lots-pay a bigger price.