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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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I am sure I am projecting some of my own anxiety on this whole thing, I really try and be aware and discount my own ravings. I always do that as an internal check on the veracity of my own thoughts. I do that by asking myself that question, and am able to adjust my position a few degrees one way or the other to compensate.
At this point things are still moving with regards to spoons. Prices are leveled off in the auction markets, coming in at the low estimate level or mid estimate with a few special things going for a premium. Business has slowed at the Dealer level, offers are being made substantially below asking prices. One collector told me that by now he was expecting that he would be seeing some really great stuff being offered at good prices. That has not been the case as of yet.
One thing to consider is that in any inflationary envirnomrnt HARD ASSETS increase dramatically in price. That has been the usual scenerio, what I am afraid of is that this isn't a normal scenerio anymore.. We have seen prices on Spoons increase steadily since 1998. I have noticed certain asset classes of spoons have been soft for the past several years. While others have boomed ahead like there was no tommorow even in spite of a softening economy.
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"Some Observer"
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