Chuck,

I'm trying to figure that one out, too. Usually when times get tough people turn loose of their toys. Past hard times, I've seen Harleys galore for sale cheap, and firewood gets really cheap 'cause of all the out-of-work guys cutting it to make a few $$.

This doesn't seem to be happening, at least not yet. Maybe the people that have these things look at them as their ace in the hole, kind of like having a stack of Krugerrands. Or maybe things haven't begun to bite yet. I would be a little hesitant to turn loose of an investment that had been appreciating, what? 10-15% a year? I read that the antique car auctions are doing pretty well too - the most collectible stuff is in even more demand than ever.

It could mean a lot of things, I guess. What I'm thinking is maybe it means canned goods are a pretty good investment. But also I think it means that the really good stuff will continue to appreciate, while a lot of people may end up holding junk they can't get out from under.

just a few random thoughts, anyway

jn

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