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Tuesday, March 14, 2023

HARD ASSET NOTES

 


HIGH END NOTE:

Hard Assets bundled into "Alternative Asset" vehicles are now being sold by by sharp investment sharks to incredibly stupid pension fund managers in places like Florida - whcre the pension fund managers have no investment experience, but are simply politcal appointees.  These Alternative Asset packages are not marked to market as there is no real market.  So the investment sharks tell the pension fund managers how much they've appreciated each quarter.  When it comes time to cash in they'll find they get pennies on the dollar.  Not because Hard Assets in themselves are a bad investment, but because the packages are designed to sell junk to morons.

MIDDLE END NOTE:

The Hard Asset Boom that has largely gone unnoticed by mainstream investment proffessionals has caught on in the Screen-world.  On TV there is always some kind of Hard Asset Discovery show playing:

Antiques Roadshow, is, of course the Granddaddy of Hard Asset Shows and still is a cornerstone of PBS broadcasting.  It's fun wacthing reruns where they show price appreciation or depreciation from the original airings.

Pawn Sars is on practically all day every day on some Channel and they's now coppied Anitques Roadshow by going all over America in search of valuable Hard Assets.   Some items end up being bought for real money.

Hollywood Treasure is what is sounds like, and again some items are pretty pricey.

Then there are the slew of High End Real Estate shows showing good looking dufuses selling super expensive properties all over the country

Container Wars is another higher end Storage Wars type show where folks shell out pretty big bucks for unclaimed containers off ships.

LOW END NOTE

Storage Wars has become a television franchise,  It is always on in reruns and its many spinoffs are still hitting the air featuring new locations (storage wars New York, Texas, Canada) and new shows with old cast members.  Barry'd Treasure with Storage Wars star Barry Weiss will hit this spring. Most of the items aren't worth much but the shows are fun to watch.

Flee Market Flip is a cute low end show for flee market junkies.

Auction Hunters and Auctions Kings is pretty much what it sounds like.

INTERNET: YOUTUBE: Reference HOT AUCTION FINDS and you will find literally hundreds of shows and channels dedicated to Hard Asset Auctions, Collectors and Commentators.


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