Skip to main content

That expensive painting someone bought a couple of years ago is now worth 80 percent less.  Typically, art, like other commodities is purchased at its peak price, a sign of economic downturn is a drop in price -- the larger the drop, the worse people expect the future economy to be.

http://www.bloomberg.com/news/...urs-for-about-20-000

Whether, copper, gold or pork bellies, commodities are not a good long term investment. At least, with pork bellies, one has a good supply of bacon.

TRUTH -- THE NEW HATE SPEECH!

Original Post

Add Reply

Post

Untitled Document
×
×
×
×
Link copied to your clipboard.
×