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Old 05-06-2021, 11:31 AM
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WD40
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Join Date: May 2019
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Default Smart money is divesting cash

I wanted to post this under "MARKETPLACE" but it says I don't have privileges to post there.

I AM NO FINANCIAL GENIUS, but (like many of you!) I have been on this earth long enough that few things surprise me anymore. Thus when something truly does I know I am dealing with forces out of the ordinary. As a matter of pleasure I peruse new listings on "Bring a Trailer", which is without a doubt where the finest examples of many cars get listed for sale.

In the last week, coinciding with the weight of articles appearing in the press (literally DOZENS of articles) pertaining to "Massive government spending will result in runaway inflation", I've seen car prices across the board on BAT increase by almost a third. Never, NEVER have I seen car prices universally spike that way before. Can it last, or is it a short-term aberration? We will see, but it is unusual enough that I felt it worth mentioning. Sorry to interrupt.