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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 watch virtually every gun auction in the USA. Guns are an indication of how the economy is going as it is a discreationary income proposal. Gun auctions are all still running strong. The only deviation is that for the average run of the mill collectable prices are holding steady to just a bit off the highs. However for the good stuff..well money is still no object.
My guess is that people are just being a bit more selective where they put the $$$$.
With the stock, Bond, RE and commodity markets all in BEAR mode...money still has to flow somewhere...
With regard to other collectables I would say that they have weakened with the exception of that unique item.
I would say that money is still around, but there is some hesitancy because of fear. People just don't know which way things are going.
It would be a nice courtesty to repsond Wayne and tell me what you think about what I just wrotes.
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"Some Observer"
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