Jaybus, buy gold sovereigns. They are not quite 100% due to making specific pictorial shapes but hold value well. And on the added side you can get a jewelers loupe & examine the artifact for enjoyment. Then you will seek out older designs & form a little collection & of course then require a safe. The downside with lumps of gold in whatever weight is that they are not particular satisfying once you have looked upon them & felt them. It's of couse just my opinion & gold really should be well over $2,000 instead of its current $1,600 an ounce. ps: Max Keiser the man & wife team who know things you probably don't.
Buying gold, silver, diamonds, etc is always really easy. The difficult bit comes when you want to sell it again.
That’s a good point I’ve been pondering over Pete, do you have experience in this if you don’t mind me asking?
There are loads of businesses (Hatton Garden jewellers, Chancery Lane Silver Vaults, etc) eager to sell you as much precious metal and stones as you care to buy. But they are retailers, in the business of selling to customers. If you try and sell stuff back to them, you will be about as welcome as if you tried to sell groceries back to Waitrose. There are specialised dealers who will buy, but the prices they offer are surprisingly low. Maybe not that surprising. Antique items might be a better bet - at least you can send them for auction and might strike lucky.
Makes you wonder what will happen to the values of the big ticket bikes and cars when this is all over. Might find the arse has fallen out of the market. This upheaval will have effected a broad range of pockets whether they be shallow or deep.
I’ve made a few coins the last week out of this but wouldn’t touch Gold. RDSA/B has done well if you bought at the start of this, BARC went 0.84 so bought there and back up to £1+ so got out quick on that and was happy. STJ dipped and has come back up (though that’s a 5/10) investment but yields 6.8. AAPJ has yo-yo’d and can be profitable but needs a healthy bunce to see fair returns as the initial pps is high (min 25k to make it worth it).
There has been a relaxing of the market - but like cars the big ticket bikes tend to be more stable than the main market. There's always ups and downs. E-Types are low at the moment and always fluctuate with the health of the economy, 1960's Ferrari California Spyders always go up - it's all on rarity. Sure bikes to a lesser extent than the two examples given - but there is chance of some bargains going forward I think. I tried to by on the turn which is usually 10 years old on R Ducati's so have done well when comparing to bricks and mortar (and Gold).
I'm planning to invest in chocolate .... industrial quantities of the stuff ....not quite as daft as it sounds . I don't much like it myself , but there could be some bleak times coming , and it's a hell of a good bargaining chip with the fairer sex ..... especially for someone planning to invest in more bikes .... " There may be trouble ahead .... "
I always think you determine whether your going to make money on something when you buy it more so than when you sell it. Buy below market value and you’re one step ahead, over pay and your on a back foot from the start. I only invest in physical items and not numbers on a piece of paper. Buy cars, bikes, houses etc at the right money and you’ll always have the physical entity in front of you which you are in control of. Put money into numbers on a piece of paper and you’re at the mercy of others and circumstances (sometimes unpredictable such as the current situation) out of your control. There’s only one thing worse than losing your money and that is when someone else loses it for you. Then charges you a commission for it.
Considering there is a one owner 4000kms D16 on the market priced at 45k at the moment via a Ducati main agent in Germany, I think there is likely to be a huge correction in the perceived value and sale prices achieved of almost all of our treasured possessions. A phenomenon known as ‘marked to market’ in financial circles which is self explanatory really. The demand for cash liquidity drives this process; as people run out of it, they sell off whatever they can to keep their heads above water and if that means taking a haircut or being nailed to the floor, so be it! There is also a beautiful 1098R for sale in Spain at just over 10k. Expect to see many more like these as this shit storm progresses. I for one will not be selling anything in this current climate but I am lucky enough to be able to sit on my hands until normal service resumes!
