Quote:
Originally Posted by Taz's Master
tabs, this is a serious question: In a different post you suggest that shortly we will all be seeing how long we can make our cars last. You are consistently negative in your economic forecasts. Why are you investing in "collectible" firearms, rather than focusing on larger quantities of functional firearms? I understand the value of a quality firearm, but if you are showing us these revolvers to impress us with NIB, and date of production, obviously you believe that the future returns on these investments will be determined by their collectibility, not their function. So are you saying that you believe the economic future is pure crap except for collectibles, or your collectibles investments are hedged by being firearms rather than say Lladro figurines, or are you simply not able to discipline yourself (I could have gotten 3 GP100's to sell after the Apocalypse, but really who wants a closet full of those, when I could have something pinned and recessed with hangin' tags), or do you really not believe what you write about our economic future?
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I have no disciple that is FOR SURE. My Spoons are something I like and as I knew it would 30 years ago have turned out to be an investment and a hedge in my portfolio (they may not bethe best investment but never the less are). I also as you probably know have some art and other things. In this current financial debcle Collectable Spoons HAVE NOT SUFFERED. On October 5th whichwas the day the Stock Market crashed and burned Julias sold a Walker Colt for $980,000.00, which was a record. Other areas of collecting have gotten soft in the current market.
Spoons are great in inflationary times. With a debasement of the currency and increasing National debt we are looking at a period of hyper inflation in the coming years. Spoons as it were seems to be the hedge of choice, along with Gold (650 to 950) and Silver.