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<p>[QUOTE=&quot;treehugger, post: 1400813, member: 28451&quot;]I&#039;m an avowed prediction-scoffer and believe they are basically useless.&nbsp;&nbsp; I just wanted to share the latest blown opinion of which I am aware.&nbsp;&nbsp; Over the past few years, the China Silver Panda has increased in mintage from 600,000 to 6,000,000 and then a projected 8,000,000 this year.&nbsp;&nbsp; Over the past few months, I have encountered those who have poo-pooed collecting them anymore because of the increased mintage and a corresponding alleged decrease in premium.</p><p><br /></p><p>Well; guess what?&nbsp;&nbsp; The premium for the 2012 Panda is greater than it has ever been for a newly-released regular Panda issue.&nbsp;&nbsp; The better dealers are selling them raw for about $48.00.&nbsp;&nbsp; That is currently about a $16.00 premium.&nbsp;&nbsp; Last year at this time, we were able to purchase them for about $43.00 and silver was $36.00 an ounce.</p><p><br /></p><p>I think this situation brings home 2 important points.&nbsp;&nbsp; First, opinions and predictions are pretty much worthless.&nbsp;&nbsp; It doesn&#039;t matter what we know, what we think or what we think we know.&nbsp;&nbsp; What is going to happen is going to happen regardless.&nbsp;&nbsp; Second, mintage is not the most important variable in the coin game&nbsp; --&nbsp; DEMAND is. </p><p><br /></p><p>Time for me to get some Pandas.[/QUOTE]</p><p><br /></p>

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