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

To: Cogito Ergo Sum who wrote (189337)	6/28/2022 6:59:22 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218714

RE <<generational savings account>> ... and what is 'spent' on Gold cannot be wasted on something else. My old partners in consulting were collectors One collected Ming dynasty furniture, and devoted to the art, catalogues and all, did well, enjoyed thoroughly, and eventually traded in for oodles of cash, plus a house The other collected photographs, books, Zhuming sculptures en.wikipedia.org , carpets, etc etc. Much became nothing to not-very-much. Dunno, perhaps missing the passion. The sculptures turn ed out very good. Must only collect that which we are passionate about. Gold is passion, mineralised. When in particular coin form, passion tokenised. Perhaps ... let me see ... 23% of my Gold is in the form of Panda coins, a collectible but always bought at whichever year and every year at spot + 3.5%. Using the internet published prices of different and sizeable trading entities, the hoard, if fiat-monetised, would go for considerably more than the value of the gold content due to the numismatic value accrual over the years since 1982. Some year's coins sport no published price because there is no supply, only bids. After a few years from mintage the Panda values do not bear relationship to age or design of the coins, but everything to do how many coins were minted that particular year. The China mint makes coins in monthly batches under an annual mandate of however many coins, and whenever Gold is unpopular, meaning price dropping, demand for all Gold including Panda drops, and mintage drops. Within the confines of anywhere from 200k-600k annual mintage mandate, some years the actual mintage is something like 2x,xxx. I am guessing that should I monetise, and I will not, the coins might go for 2X gold content. Call it (the value less spot at any given time of liquidation) interest on dividend accrued. Strange world.