On Mon, 11 Apr 2011 10:48:42 -0700 (PDT), Gerry
wrote:

On Apr 11, 12:32Â*pm, Too_Many_Tools wrote:
One trend I have seen though several economic cycles is that quality
tools are a better investment than gold with holding their value,
appreciating and ability to convert into cash when needed.

Your thoughts on this curious trend?

TMT

Personally, I think not. Who is going to buy tools when things go bad?
Tools will be good to have IF you have the abilities and materials to
use them as barter fodder. I suspect that weapons and ammo will be the
best items to invest your cash in-there will always be a market for
selling guns and having them will allow you the chance of using them
for your and your families defense. I just don't think I can throw my
lathe or milling machine at a robber or rapist.

BTW, I have increased my initial investment many times over by having
something to put on the market in prior downturns.
But with the lathe and milling machine you can make and repair guns -
- -and other "necessary" things.