The Rising Tide

[goofyfoot]

I'm not trying to be smart or facetious by writing the following regarding availability. Is it just me or have folks been checking the likes of Dave's Guitar Shop, Classic Axe, Willcutt Guitar Shop, Wildwood Guitars, Pick of the Ricks, The Ric Page, and The Music Zoo, just to name a few? Collectively, they seem to have quite a few Rics in stock. With regards to higher price points in the used markets, little of what's been goin' on there seems connected to any logic, IMHO.



Play on, pick often, and prosper. Over 'n out.....G-foot.

[wj350]

That 350/12 AFG at the Zoo looks WAYYYYYYYYYYYYYYYYYYYYYYYYY purdy....

[admin]

Stan: Thanks for starting this topic which begins with guitars but surely addresses so very many aspects of life.

You have raised a most pertinent question with regard to Rickenbacker guitars that I am not sure anyone can answer. How high will the demand be for Rickenbacker guitars as the Corporation continues to craft fine guitars. Anecdotally, with one exception, my Rickenbacker purchases have been constrained on my financial resources, the low buying power of the Canadian dollar relative to the US until very recently, and the scarcity of the product. If you see a Rickenbacker in New Brunswick you may be at my place.

The essence of your questions to me is how high can we expect inflation to go with $3.30 US per gallon for gasoline, $1000 per ounce for gold, and $110-115 per barrel for oil before we begin to see a major market adjustment. I will leave this to the economists, but one probably doesn't have to work for the Fed or the Stock Market to see that a crash is inevitable here. The only question for me at this point is do we take the stairs or the slide. I am hoping for the former.

"So where are we headed fellas. To the toppermost of the poppermost."

Regrettably, very few rainbows lead to the pot of gold. I suspect that we are all in for a rough ride. The mills of life often times grind slowly but exceedingly fine as they say. I count my lucky stars for the Rickenbackers I have but suspect I will continue to buy used for the foreseeable future.

[jingle_jangle]

Peter, you are spot on.

And I bought my first tank of $4 per gallon gas yesterday.

Too bad we can't buy used gas...

[deaconblues]

Ahh, but still cheaper than bottled water.

[jimk]

Peter, I'd say your analysis is pretty observant. I wouldn't be too hopeful about your stairs vs. the slide analogy, however. It seems that more often than not, history indicates that the slide is the route to the bottom, rather than the stairs.

JimK

[1965]

Ahh, but still cheaper than bottled water.

I don't think that's true anymore

[johnallg]

Bottled water at Sam's Club (Aquafina) ends up being $1.155 per gallon.

[antipodean]

Stan: Thanks for starting this topic which begins with guitars but surely addresses so very many aspects of life.

You have raised a most pertinent question with regard to Rickenbacker guitars that I am not sure anyone can answer. How high will the demand be for Rickenbacker guitars as the Corporation continues to craft fine guitars. Anecdotally, with one exception, my Rickenbacker purchases have been constrained on my financial resources, the low buying power of the Canadian dollar relative to the US until very recently, and the scarcity of the product. If you see a Rickenbacker in New Brunswick you may be at my place.

The essence of your questions to me is how high can we expect inflation to go with $3.30 US per gallon for gasoline, $1000 per ounce for gold, and $110-115 per barrel for oil before we begin to see a major market adjustment. I will leave this to the economists, but one probably doesn't have to work for the Fed or the Stock Market to see that a crash is inevitable here. The only question for me at this point is do we take the stairs or the slide. I am hoping for the former.

"So where are we headed fellas. To the toppermost of the poppermost."

Regrettably, very few rainbows lead to the pot of gold. I suspect that we are all in for a rough ride. The mills of life often times grind slowly but exceedingly fine as they say. I count my lucky stars for the Rickenbackers I have but suspect I will continue to buy used for the foreseeable future.

The positive thing here (if there is anything) is that with oil at $110 per barrel, the alternatives (hybrids, hydrogen-powered cars, massive increases in investment in public transport) are starting to make sense even to the bone-heads in charge of policy. The high price of oil may set us on the path to a greener future, and in the long-term, bankrupt the oil industry - wouldn't that be a shame?

[ajish4]

Bottled water at Sam's Club (Aquafina) ends up being $1.155 per gallon.

John, you are a man after my own heart.

[johnallg]

Bottled water at Sam's Club (Aquafina) ends up being $1.155 per gallon.

John, you are a man after my own heart.

Evan, do you really think the oil industry would be bankrupted?! They would just corner the new energy technology, whatever it is. Buy stock in them, my good man!

[antipodean]

Bottled water at Sam's Club (Aquafina) ends up being $1.155 per gallon.

John, you are a man after my own heart.

Evan, do you really think the oil industry would be bankrupted?! They would just corner the new energy technology, whatever it is. Buy stock in them, my good man!

Not really, but you can hope.... They have way too much capital to go down quickly, unless they are holding a whole heap of sub-prime mortgage risk....

[johnallg]

Not really, but you can hope.... They have way too much capital to go down quickly, unless they are holding a whole heap of sub-prime mortgage risk....

That would have been Bear Stearns. 4 days before being sold for $2 USD a share they traded for around $63 a share.

[jingle_jangle]

And in January '07, they were at ~$170.00!

[antipodean]

Not really, but you can hope.... They have way too much capital to go down quickly, unless they are holding a whole heap of sub-prime mortgage risk....

That would have been Bear Stearns. 4 days before being sold for $2 USD a share they traded for around $63 a share.

True. Most of the investment banks have some exposure to "equity" in sub-prime securitisations, which has a face value of billions and a market value of zero. I'm hoping it's all out in the open now. Another surprise and the public will lose confidence in the banking system, and we all know where that leads to...