Interest in '60s musclecars will never drop. Once they've been defined as valuable and a good investment people never forget that. Yeah, prices go up and down but they mainly go up over time.
Model A Ford roadster/Vicky/coupe prices, or any of the desireable '28-40 Fords, are still strong and they're even re-popping certain body styles. It'll cost you at least $50K to build a nice '32 Ford roadster today and it would be a lot more if people like Brookville weren't making new bodies. 1967-68 Shelbys will always command strong prices--unless the U.S. economy collapses, but that's not likely.
I wonder if GM will continue its terrible downward slide and be bought by China? The Chinese are after Unocal now and they've bought a major piece of IBM recently. GM execs are under intense pressure from Wall Street banks to rid the company of its huge pension and health care obligations (except for upper management, that is). The future seems to be the end of employee pensions and employer-provided health care and to do it some corporations will have to go into bankruptcy to get out from under the laws covering such obligations. Don't rule-out China buying GM and moving it to China, lock, stock, and barrel. The U.S. business/banking community has already warned the U.S. government to butt-out of the Chinese bid for Unocal and if the government allows China to buy Unocal, there's nothing to stop them from buying other American flagship companies like GM. Once it's bankrupt, a corporation's management will be happy to take anyone's money to buy the company.
We fought the Cold War for nearly 50 years. The Cold War's main mission was to halt the spread of Communism. Anyone remember the saying, "Better dead than Red." China is a Communist country but they're our friends now. But I thought Communism was evil? That's what we were taught for 50 years. Now Communism isn't evil anymore? So what happened? We "won" the Cold War, right? What did we win? Did we defeat Communism or just get a few of their missiles dismantled? Or did we gain a new business partner, one that can use its Communist army to quickly crush any labor uprisings a-la the Tiananamen Square massacre in 1989?
What I fear is that the U.S. corporate structure looks to China and its huge population as a direct replacement for "overpaid" American middle-class workers. If any labor unrest should rear its ugly head the Communist army will simply crush it outright. How convenient. No wonder many of our corporations are excited about moving to China. Plus, there are no environmental regulations whatsoever.
Wal-Mart's in-store stock is more than 80% Chinese-Communist produced and supplied. I guess my years in SAC (USAF Strtegic Air Command) sitting on alert waiting for the klaxon to go off were all for nothing now that the Communist Chinese government is our main business partner. No, I do not shop at Wal-Mart. "Buy American" is getting harder and harder to do.
But, that's just my opinion, I could be wrong.
