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Although this blog is not about the country's economic issues, it's impossible to ignore the financial roller coaster we're currently experiencing. What does this all mean to the collector car market?
Obviously, there's no definitive answer to that question but we can look at history. The last time the stock market took such a great tumble in 1987, investors moved to commodities in a very big way. In addition to traditional investments such as gold, tangible items such as art, antiques and collector cars became very popular. In fact, the collector car market began an unprecedented rise which continued for three years until the investment community regained full interest in stocks.