Musclecar prices and the possible recession

[Tracker1]

Originally Posted by 70 copo

The scariest thing about this is that the people of this country cannot trust the media to give them the truth without sensationalizing it or politicizing it, or out and out lying about it. Think about that, your source of information cannot be trusted so the "facts" get twisted to support the politics.

An even worse pox on those who choose to weaponize a national emergency when this ends - and it will.

I wasn't going to weigh in here, because everyone seems to have become an armchair disease expert and economist on here in the last week, but WOW, WOW... This post....And somebody said there's no politics allowed on yenko.net???? Yeah, right! Holy crap, this reads like a hand-out to all the Junior Interns who got hired at the White House last month.

You don't like your country's media? Then turn on the BBC or the CBC (that's British Broadcasting Co. & Canadian Broadcasting Co. if you're not sure) They speak English, but you'll find that the "news" isn't any less grim and sensational because this is a REAL pandemic with REAL consequences and REAL deaths. To the guys here bashing the media - we get what party you vote for, loud & clear. Don't try and disguise it behind a car comment. Pack it up and take your campaigning somewhere else. This is a MUSCLECAR FORUM not Breitbart.

As to car prices, this will make the slide that's been happening move a little faster. But the good cars will take a much lesser hit, as the Fuller LS6 vert showed. Same as any market downturn, it's a no-brainer.

Now please, somebody lock this thread or start moderating it cuz it's at a B.S. tipping point.

[Late BrakeU2]

Did anyone watch Mecum? Not encouraging. The longer term concern is boomers are in their fall and winter of the hobby, and younger folks can't relate to muscle cars on a scale like our generation.. because they didn't experience it first hand like we did.

[NorCam]

This makes total sense to me. More people should be doing this. We are.

[Lee Stewart]

ALBUQUERQUE, N.M. - Santa Ana Pueblo and The Tamaya Enterprises Board of Directors announced they will temporarily close Santa Ana Star Casino Hotel beginning Sunday, March 15.

The 30-day closure is part of an effort to promote social distancing amid the COVID-19 pandemic.

[Lee Stewart]

Inovio Pharmaceuticals set to trial Covid-19 vaccine in April

Inovio Pharmaceuticals has expedited its timeline for the development of a Covid-19 vaccine candidate, INO-4800, with human clinical trials scheduled for April.

The company already had a vaccine candidate in Phase II development for similar coronavirus that leads to the development of Middle East Respiratory Syndrome (MERS).

Inovio leveraged its DNA medicines platform to design INO-4800 within three hours of the publication of the novel coronavirus’ genetic sequence.

In January, the company started preclinical testing of the Covid-19 vaccine candidate and obtained funding from the Coalition for Epidemic Preparedness Innovations (CEPI) to support preclinical and initial clinical development.

Preclinical testing is ongoing, while the company developed and finalised human clinical trial designs. Inovio has generated 3,000 INO-4800 doses for trials conducted in patients across the US, China and South Korea.

https://www.pharmaceutical-technolog...cine-timeline/

[Hotrodpaul]

I think for those investors that had the foresight to pull their money out of the market 2-3 weeks ago could find some sweet deals on quality musclecars and I told myself 3 weeks ago the market was about to go through a correction but I did not act on it. Now, I am stuck with a 30% loss and have decided to ride it out and may even put additional money in the market since there are some good value's out there. I don't see musclecar prices falling 30% so now they are more expensive to me, forcing a possible purchase to be delayed. Another big factor for me is that my business is tied to the oil industry, so with prices in the $30 a barrel range, income could be cut by 50% or more. This really reduces the cash available to play in the musclecar market and could force the sale of some of my cars.

[markinnaples]

I absolutely disagree with your post Tracker; this is an important topic that needs to be discussed. I appreciate different points of view, and so far, there only seems to be some reasonable disagreement (relatively respectable I thought considering the sensitivity of the subject). Why shut it down? It's up to Steve if he wants to, and I understand if he doesn't want it on here so it doesn't degrade, but I'm a full believer in free speech even if it disagrees with my own views, and you seem to be the only one injecting specific politics into it with that statement. Can we not just remain above the fray and have respectful discussions without getting into ad hominem attacks?

[70 copo]

Tracker,

Look when people take the thread into the ditch and away from the cars and start posting media hype the matter becomes matter a fact then doesn't it?

To be fair this is This is a Muscle car forum-- right you are-- so why do links to media keep getting posted here to add to the fear?

That is precisely the point I am making in my replies to this thread to date.

[Tracker1]

Originally Posted by 70 copo

Tracker,

Look when people take the thread into the ditch and away from the cars and start posting media hype the matter becomes matter a fact then doesn't it?

To be fair this is This is a Muscle car forum-- right you are-- so why do links to media keep getting posted here to add to the fear?

That is precisely the point I am making in my replies to this thread to date.

YOU said this epidemic was a media "hoax" in your post on March 10 - now, gee, who talks like that and uses that kind of phrasing...hmmmmm....let me think. Try telling families who have lost loved ones to this that they are the victims of a hoax - let's see how that goes for you.

This above phrasing in certain posts is what I am referring to markinnaples - I'm just calling it out. If you don't see it, and smell it, I can't help ya.

There have been some links here that are useful and helpful including Tenney's youtube link. i found it informative and thank him for posting it.

[Lee Stewart]

If I am being accused as a Fear Monger let me apologize to all. It was my intention to post articles and discuss issues that would help members get a better understanding of the current situation that is affecting all of us.

I took this liberty with the best intentions. The thread starter asked for speculative opinions: Musclecar prices and the possible recession. I saw that as an opportunity to discuss the possibility of a recession based on the issues that are causing said recession; COVID-19 and what has happened to the Oil market. If you believe it is anything else then we agree to disagree.

I have stopped posting in this thread and have moved over to my thread: You Can't Make This Stuff Up! If you would like to discuss these two issues further it is probably a better place. Of course someone (not me) could start a new thread in the Lounge Forum specifically dealing with the COVID-19 pandemic.

Lee Stewart