A place to discuss all things ADM
#1066
#1067
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
Seller lifted the reserve at $250K and posted it. That was a smart move.
#1068
Racer
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
Looks like an indie dealer bought it for flipping. Also kind of interesting that it was a 2 horse race from about 235k.
#1069
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
#1070
Racer
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
Last edited by G.Irish; 01-15-2022 at 10:18 AM.
#1071
Instructor
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
This car sold for $100k over today with auction fees….
https://www.pcarmarket.com/auction/2...che-992-gt3-2/
https://www.pcarmarket.com/auction/2...che-992-gt3-2/
#1074
#1075
Race Car
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
The 10 year yield is over 1.85% which is a 2 year high.
Retail sales were down 1.9% last month and Consumer Confidence is collapsing.
The "bubble" is popping.
Retail sales were down 1.9% last month and Consumer Confidence is collapsing.
The "bubble" is popping.
The following users liked this post:
fijibubba (01-25-2022)
#1076
#1078
Race Car
#1079
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
None of this changes the fundamentals of Porsche making 1 GT car for every 10+ people who want one. 1 car for 5 customers is still the land of ADM and allocation games.
The following users liked this post:
RUF RS (01-22-2022)
#1080
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
meh. The rate hikes under discussion are vastly too small to materially impact the GT car income bracket, and Ukraine getting annexed won’t materially effect either the US or Chinese economies. A lot of short term volatility no question. Take some profits, hedge some positions, sure. A 2008 style unwinding is neither likely nor desirable. The bubble popping makes everybody poorer. A little ADM is better than watching your investments, retirement and house all collapse in value. Assuming you get to keep your job. 2008 really hurt a lot of people.
None of this changes the fundamentals of Porsche making 1 GT car for every 10+ people who want one. 1 car for 5 customers is still the land of ADM and allocation games.
None of this changes the fundamentals of Porsche making 1 GT car for every 10+ people who want one. 1 car for 5 customers is still the land of ADM and allocation games.
The following users liked this post:
AlexCeres (01-20-2022)