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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: RJA_ who wrote (59705)1/4/2010 7:54:10 PM
From: Tommaso  Read Replies (1) | Respond to of 218043
 
You're right. Deflation worked just fine in the 19th century: continuously falling prices for useful items.



To: RJA_ who wrote (59705)1/5/2010 6:13:00 PM
From: TobagoJack  Respond to of 218043
 
just checked, and no panda gold in stock as yet in hkg

w/ 20/20 hindsight, it was not only recommended that folks should save denominated in gold coins from the <<late 1800's - 1930's>>, but also would have made a huge difference depending on the nature of the gold coins they saved in.

current years panda gold coins (when released) can be exchanged for against paper money in hkg at equivalent of usd 35-60/oz premium, but

1982 (mintage 15k) pandaamerica.com sports a rather high premium

and

2010 (mintage 300k) pandaamerica.com sports a pitiful premium

but i am figuring that, in current year terms, the 2010 pandas are rarer than the 1982 pandas when issued, because

most of the 1982 pandas were shipped to hkg, whereas much of the 2010 coins would remain in mainland china, and we adjust for clamoring demand.

but if one were to look at the common place stock index charts, one would naturally believe that one should have saved in shares :0)

laughable, but otherwise nice, to have such counter-parties, better for goldman sachs to do god's work ;0)