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Which is the better buy - American Eagles or Maple leaves
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<p>[QUOTE="NorthKorea, post: 1955920, member: 29643"]The problem with the AACMs are the main reason behind the typical three back of spot offer on them:</p><p><br /></p><p>1) They were unmarked as gold for the first two years of subscription (1980-1981).</p><p>2) They were 90% gold.</p><p>3) They literally made tons of them.</p><p><br /></p><p>Some may argue against the third point, but much like current AGEs, the series was released at the peak of the gold cycle. Summer/Fall 1980 was the inflation indexed equivalent of Spring 2011 for gold prices. Much like how 2011-2014 annual gold sales dwarfed 2007 sales, the AACM series was a product released at a time of peak demand. As such, there wouldn't be much room for a collector's premium over time for the early issues. The 1984 issue holds some value today due to the price of gold dropping 50% from 1980-1984. I would assume that AGEs/CGMs issued from 2015-2027 will sell for significant premiums in 2040, since that would essentially mark a full 30-year cycle of the gold market.</p><p><br /></p><p>As for the P$, we're safe for at least another 25 years. Peak oil was around 2004, and the advent of alternative energies mean we can expect a peak cycle of 50 years. People will start to panic around 40 years into the cycle. So, yeah... 25-30 years of Petrodollar stability.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1955920, member: 29643"]The problem with the AACMs are the main reason behind the typical three back of spot offer on them: 1) They were unmarked as gold for the first two years of subscription (1980-1981). 2) They were 90% gold. 3) They literally made tons of them. Some may argue against the third point, but much like current AGEs, the series was released at the peak of the gold cycle. Summer/Fall 1980 was the inflation indexed equivalent of Spring 2011 for gold prices. Much like how 2011-2014 annual gold sales dwarfed 2007 sales, the AACM series was a product released at a time of peak demand. As such, there wouldn't be much room for a collector's premium over time for the early issues. The 1984 issue holds some value today due to the price of gold dropping 50% from 1980-1984. I would assume that AGEs/CGMs issued from 2015-2027 will sell for significant premiums in 2040, since that would essentially mark a full 30-year cycle of the gold market. As for the P$, we're safe for at least another 25 years. Peak oil was around 2004, and the advent of alternative energies mean we can expect a peak cycle of 50 years. People will start to panic around 40 years into the cycle. So, yeah... 25-30 years of Petrodollar stability.[/QUOTE]
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Which is the better buy - American Eagles or Maple leaves
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