Knife Owners are the Richest Bastards in the World

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Nov 11, 2003
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Considering the economy is in the tank, I was thinking, hey maybe I can pick up some customs that don't usually come up for sale. Fat chance! I've seen a slight uptic in knife sales, but nothing that would indicate owning more than a couple knives is some kind of luxury hobby or something. Hell, knife hounds are holding steady! What gives? Aren't knife owners affected by the economy like everyone else?
 
I remember an economics guy once telling me that in recessions the price of everything except alcohol usually falls. ppl get shits with paying bills so they go buy alcohol. maybe its similar with knives? ppl like stabbing shit?
 
There are plenty of holes in order books. Some will complain about business, others will not want to lose pricing power, but custom knives are not a necessity.
The well off will always be able to have what they want.
Drop a 100k in the markets and you could probably double your money in 24 months. Can you lose a 100k if it does not pan out ? That is what seperates many.
 
If you want a good laugh, I can send you a copy of my w-2 and what my 401K has done lately. I own a few knives and I am a bastard, but not a rich one. Your mileage my vary....
 
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I can always scrap for "one more!"
What knife/knives, are you looking to pursue?
 
On a couple forums I follow I have noticed the high number of knives like Strider, Hinderer, and Rolex watches up for sale. Seem like the only hot items are guns being bought up due to election fears.
 
Well, you're talking about custom knives, and that's a different thing entirely.

Look, in our present economy, nothing has really hit yet. I think if Obama wins the presidency, you will see Wall Street react unfavorably, immediately. But as long as people have jobs, they'll have money and they'll continue to spend it because this generation of Americans hasn't learned NOT to spend. Still, once you see the wealthy constrict under the threat of "spread the wealth" taxes, you could reasonably expect to see job losses and an initial period of deflation. With credit at a standstill, you'd have the same situation that caused much of this mess to begin with. You'd have to put pressure on the lenders to lend to people they don't want to lend to (which now is almost everyone). Only when the depression leads to a wholesale loss of jobs across the country will you see a buyer's market for custom knives and other luxuries.

Boats, cars, recreational vehicles, real estate and other high ticket items will be unloaded for good prices if you can afford it. Essentials like guns, ammunition, inexpensive knives and commodities will probably be more in demand, though for as long as cash is more in demand than anything else, you should be able to find deals. But by then you might not have as much disposable income.

Hard times will come regardless of who gets elected, but Wall Street, small businesses and big businesses will be more impacted with a Democratic Congress. This is simply fact, not politicking. Still, it gets back to my original view of knives. Unless an expensive knife can deliver a decided performance increase over less expensive knives, they will go the way of the dinosaurs. The wealthy may continue to demand them, but most people will simply go with knives that are well made and competitive in price.
 
I remember an economics guy once telling me that in recessions the price of everything except alcohol usually falls. ppl get shits with paying bills so they go buy alcohol. maybe its similar with knives? ppl like stabbing shit?

Very true, my Wine sales are up ... Way way up :thumbup:
 
I am also a bit of a watch collector and the crap economy hasnt slowed prices down in the watch world yet. Some of the upmarket stuffs prices are unbelievable.
 
Big ticket items tend to hold their value, as the people that have the money to spend on such, generally will always have money.

When times are tough, there is often a flight to 'tangibles' such as firearms and quality knives. I am no exception, as my knife buying has probably doubled in the last month.
 
The best answer I can come up with, is no. Knife owners are probably a tad smarter than the general population. At knife and gun shows you will find a good percentage of highly educated people, including doctors, lawyers, and other professional people. These are high end items for successful people. Remember in days of old the wealthy had the best weapons, because they could afford them.
 
I remember an economics guy once telling me that in recessions the price of everything except alcohol usually falls. ppl get shits with paying bills so they go buy alcohol. maybe its similar with knives? ppl like stabbing shit?

I can attest to that! I am a bartender and, if anything, my clientele has seen a steady increase.
 
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