Anyone know why the Rodlands didn't sell?
This guy had 2 versions and neither sold at $100. Is there something I don't know about them? Surely they haven't dropped this much.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=270352885580
Comments
BIN offer so the seller canceled the auction?
Surprisingly, no. Those auctions ran their full course from start to finish. I was a little surprised that no one bid either. I bet if he relisted at $1, they'd both sell for over $100. Then again, In this economy, maybe not. . .
they tend to sell for about 120 euro's here.. so thats about $150 normally
no thats 2 LOL
People need money and sell of rare stuff.. a good time for the collectors not-so affected by the crisis
Well, I guess I'll hold my Rodland and Gimmick until the economy gets better....lol...gets better??
Ha, don't hold your breath. I honestly believe we'll never see a 14,000 DOW again in our lifetimes...
There is no good reason to believe that history won't repeat itself (outside of believing the fear-mongering), with our recovery mirroring past economic events.
It will probably take more than a decade, but you're disconnected from reality if you think it won't happen in our lifetimes.
Jonas - unless you have some terminal illness and plan to die in the next few years, then that is WAY too pessimistic. We've only been thrown 10 years, or so, into the past on the indexes.
There is no good reason to believe that history won't repeat itself (outside of believing the fear-mongering), with our recovery mirroring past economic events.
It will probably take more than a decade, but you're disconnected from reality if you think it won't happen in our lifetimes.
I don't want to clutter up this thread, so PM me if you want to discuss this or debate it. Japan had a similar economic collapse in 1989 when their DOW (called the Nikkei 225) peaked at 38,957.44. Yesterday it closed at 7,054.98, down 82% from then.
I hope it doesn't happen to us, but I'm clearly not "disconnected from reality" when I'm just drawing a simple analogy to base my opnions.
While it's scary to think about, I do not believe that we are experiencing what happened in Japan. We are experiencing what happened in the USA in the 30's. BIG difference.
EDIT to add:
Also, despite the gesturing from countries that don't like us very much, the world IS NOT going to switch to Euro's as a reserve currency. In fact, the Eurozone will be lucky to HAVE a unified currency once the dust settles. The current situation provides a fantastic demonstration of the consequences of having a currency zone that encompasses too many countries for it to be economically optimal for any of them. France and Germany may make it through because their central banks control the currency, but everybody else may need to break off to survive within the next couple of years.
While it's scary to think about, I do not believe that we are experiencing what happened in Japan. We are experiencing what happened in the USA in the 30's. BIG difference.
Absolutely true. It's like comparing the Vietnam War to World War II in that both happened for different reasons and had different outcomes. Just because they're both wars doesn't mean they're the same. There are a great many differences between what happened in Japan in 1989 and what is happening with us right now. As pointed out, this is closer to the American 30's rather than Japan's "Lost Decade." I know how you feel though, Jonas, and I think you represent a large group of Americans who are clouded to the sunny roads that lie ahead.
Jonas - unless you have some terminal illness and plan to die in the next few years, then that is WAY too pessimistic. We've only been thrown 10 years, or so, into the past on the indexes.
There is no good reason to believe that history won't repeat itself (outside of believing the fear-mongering), with our recovery mirroring past economic events.
It will probably take more than a decade, but you're disconnected from reality if you think it won't happen in our lifetimes.
So, you are saying I may can get my original $450 out of Rodland one day? lol.