doublegunshop.com - home Forums General Discussion DoubleGun BBS @ doublegunshop.com gun vs. bear

I guess in the big picture, the sale (or non sale) of my gun collection would have little impact on my economic well being. I've assembled it in that respect. Of course there aren't any Boss',H&H's etc. in the safe at this time.

PS I do have a kings ransom in ammo though!!!!!!!!!!!

Joe, it doesn't make any difference who gets nominated or elected, for you and me things are rarely changed by our leaders because money, big money, says how things are going to be That's why the market is where it is today. And who pays? Where do you think your $150 Billion is coming from?. Our Rust Belts are becoming Countries of Broken Dreams.

Just my feeling, but I wouldn't get into gold at this point, since it's about as high as it's ever been and its historical value is to follow the economy. It is, afterall, also an engineering/industrial material. In fact, if I had bought it at a lower price, I'd sell. Just me.

Personally, I've reinvested in my company stocks since we are a 'bluechip' company and we have a huge backlog of work yet, we're well diversified in our products and we seem to be either undervalued or about right on our current spot.

While I think those who believe there's always a market for quality collectables, I also believe they take a good hit with a hit to the economy of any length. The first thing people tighten up on is discretionary spending,IMO. Those cars and guns will come down if we keep on in this direction for more than a few months. Individuals who just paid $x for a collectable will always be in denial for as long as they can hang onto it, even though the market may have fallen. Recent purchases are probably best held onto thru this storm. They'll come back up with the economy, but those needing to liquidate a pricey collection, may be in for a hit in the near future. Like Kenny said; 'you got to know when to hold 'em and know when to fold 'em'.

Easy for you to say...You live in Nova Scotia.

Chuck,
just like most liberals they forgot who's table they where eating from !

Joe, there's a saying that when the US gets a sniffle, we get a cold. Our economies are joined at the hip; our trade more than a billion a day. What's happening in the US is affecting the world. But what do you think of this: our minority conservative government has also come up with a relief package, particularly for badly hurting one-industry towns. But the hurting all across Canada won't get it unless Prime Minister Harper's budget is approved by the House.

"....... this is just an adjustment ...... it will fix itself with out much help from the federal government" ...... Herbert Hoover 1929

Just buy that top end london stuff. With redistribution of wealth from the middle to the top there should be plenty of takers!
PS. Those expensive english trinkets are about as secure as gun value can be. Just imagine what would happen to low end stuff if there was registration fee per gun. Maaan, with all those folks having dozens of guns............the market would collapse. The top 5% will always be top and have money for meager registration fee.

With a worldwide economic downturn of any length of time, almost all goods take a hit, secure is just another word for hopeful, IMO.

Yup, the top is always the top even if individuals on top go to the bottom again. But you're point is probably about right. Not many smart enough to make it to the top 5% are dumb enough to loose it all.

Jager and Chuck: right on!