
Based on looking at the website, GoldSurvivalGuide.co.nz positions itself as an educational platform and a dealer for physical gold and silver bullion in New Zealand. While the site provides extensive educational resources and transparent pricing for physical metals, there are some aspects that raise concerns when considering ethical financial dealings, particularly the inclusion of ‘Cryptocurrencies’ as an investment option without clear disclaimers about its speculative nature.
Overall Review Summary:
- Website Focus: Primarily education and sales of physical gold and silver bullion.
- Educational Content: Extensive articles, videos, e-courses, and guides on buying, selling, and storing precious metals.
- Product Offering: Gold and silver bars and coins from various mints.
- Transparency: Live charts for gold and silver prices in NZD are available.
- Customer Support: Appears robust with a helpline, FAQ, and help centre.
- Testimonials: Positive testimonials from Google Users and Trustpilot are featured.
- Ethical Consideration (Islamic Finance): The core business of selling physical gold and silver is generally permissible, provided transactions adhere to Islamic principles of immediate possession and avoiding interest. However, the mention of “Cryptocurrencies” without adequate clarification about their inherent gharar (excessive uncertainty/risk) and the lack of a mechanism for qabdh (possession) in some crypto dealings is problematic. Investment in speculative assets like cryptocurrencies is often viewed with caution or as impermissible due to high volatility and lack of tangible underlying assets.
GoldSurvivalGuide.co.nz presents a polished front, emphasising education before sales, which is commendable. They offer a comprehensive suite of resources for anyone looking to understand precious metals. However, the brief mention of “Cryptocurrencies” without a deep dive into the associated risks or specific advice on how such investments align with ethical financial practices is a glaring omission. For those seeking truly ethical investment avenues, particularly from an Islamic perspective, the focus should remain on tangible assets and avoiding highly speculative ventures. While physical gold and silver can be considered sound, real assets, the cryptocurrency market often operates on principles that diverge from Islamic financial guidelines.
Here are some alternatives focused on ethical wealth preservation and tangible assets, steering clear of speculative or problematic financial instruments: goldsurvivalguide.co.nz FAQ
- Physical Gold Bullion Dealers (New Zealand)
- Key Features: Direct purchase and physical delivery of gold and silver bars and coins. Offers tangible asset ownership, a traditional store of value.
- Average Price: Varies based on spot price plus premium; typically competitive.
- Pros: Tangible asset, potential hedge against inflation, generally accepted as permissible for wealth preservation.
- Cons: Storage considerations, potential for theft, liquidity can be slower than other investments.
- Physical Silver Bullion Dealers (New Zealand)
- Key Features: Similar to gold, but silver is often more volatile and used industrially. Available in bars and coins.
- Average Price: Lower unit cost than gold, but still subject to spot price plus premium.
- Pros: More accessible entry point than gold, industrial demand can support prices.
- Cons: Higher storage volume for equivalent value, greater price swings.
- Sustainable and Ethical Investment Funds (New Zealand)
- Key Features: Funds that invest in companies meeting specific environmental, social, and governance (ESG) criteria. These often exclude industries like alcohol, gambling, and conventional finance.
- Average Price: Management fees apply, typically a percentage of assets under management.
- Pros: Diversified portfolio, aligns with ethical principles, managed by professionals.
- Cons: Returns may vary, requires research to ensure genuine ethical alignment.
- Agricultural Land Investment (New Zealand)
- Key Features: Investing in productive land, often through direct purchase or agricultural investment schemes. Provides a tangible asset with potential for income generation from farming.
- Average Price: Significant upfront capital required; returns vary based on land value and produce.
- Pros: Tangible asset, potential for long-term capital appreciation, income generation, often considered a stable investment.
- Cons: High entry barrier, illiquid, requires management or lease agreements.
- Direct Real Estate Investment (New Zealand)
- Key Features: Purchasing physical property for rental income or capital appreciation. Can include residential, commercial, or industrial properties.
- Average Price: Varies widely, requires substantial capital or ethical financing.
- Pros: Tangible asset, passive income potential, hedge against inflation.
- Cons: High transaction costs, illiquid, management responsibilities, market fluctuations.
- Precious Metals Storage Services (Secure Vaulting)
- Key Features: Professional, insured storage solutions for physical gold and silver, often in high-security vaults.
- Average Price: Annual fees based on value or volume stored, typically 0.5% to 1% of assets.
- Pros: Enhanced security, insurance coverage, eliminates personal storage risks.
- Cons: Ongoing fees, no direct physical access, relies on third-party trust.
- Ethical Equities & Shares (New Zealand)
- Key Features: Investing in shares of publicly traded companies that adhere to ethical guidelines, often screened for sharia compliance or ESG factors.
- Average Price: Brokerage fees apply for trades, returns vary with market performance.
- Pros: Diversification, potential for capital growth, liquidity, aligns with ethical principles.
- Cons: Market volatility, requires due diligence to ensure ethical compliance, requires research into company business models.
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
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