On Mon, 11 Apr 2011 22:40:22 -0700, "678.714.5764"
wrote:

On 4/11/2011 10:32 AM, 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?

I don't believe there is such a trend. I think you're imagining it.

In some cases..HAND tools may hold their values..and SOME machine tools
may not drop below a certain point.

But....even Hardinge HLV-Hs which once sold used for $11k..are now
selling for less than half that.

Guns are the only non gold/non Art item that I know of, that holds their
values to a certain extent.

Gunner

--
"If I say two plus two is four and a Democrat says two plus two is eight,
it's not a partial victory for me when we agree that two plus two is
six. " Jonah Goldberg (modified)