Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (65415)	6/24/2005 12:39:55 AM
From: energyplay	Read Replies (3) of 74559

Collectibles 1 - About 2 weeks ago Barron's had an article about a Spanish fund which bought 'rare stamps' - looks like a Ponzi scheme based on overvaluation. Same thing is likely occuring in coins already. This week, Wall Street Journal had a report on sky high prices and demand for collectible Chinese furniture. Rather than furniture, I would consider jade - much more portable, less fragile, doesn't rot, fits modern decor.... It's easy to take a few pieces of jade on a commercial airliner....That's much easier than getting couple of chairs in to an overhead compartment. Jade is less fragile than complicated watches, and does not need maintenence. Besides, it is hard to imagine many older men being able to influence young ladies with a side table or a desk....

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