Originally
priced @ $125,000, now priced
@
$135,000 going higher with the POG until it sells....
The
US$ is a depreciating currency, Folks....
This
one of a kind Steinway in French Burled Walnut is
not
a depreciating investment under Global Market Conditions.
That's
why Ole Bear has also priced it in US $50 Gold Eagles....
450
x $300 = $135,000
During
the 1930s, new quality pianoforte manufacturers, like Steinway NYC,
sold more new pianos
than ever.
Socialist President FDR
confiscated a great deal of our Citizens Gold c.1933 making it illegal
to own, fineable, and
imprisonable. Nice Kool Kat, Eh? Then Good Ole FDR reset the POG
(price of gold) from
$20/oz to $35/oz as one of those fiscal monetary things to keep the
Big Gub'ment Afloat.
Banks Failed. People were out of work.
It was a global markets
depression. The NEW DEAL was finally declared unconstitutional
in the Supreme Court.
Those that had money had
no place to put it, except for things they believed would increase
in value, as the value
of the US$ declined. The Rockefellers and the Kennedys were out of Wall
Street before the Big
One. Wonder who told 'em? Elevator Boys and Shoe Shine Boys talked
and owned stocks in the
heyday of the 1920s stock markets. Sir Winston Churchill bought
about $10,000 US$ worth
of US Stocks on a visit to NYC right before the 1929 crash --
losing his Very British
Behind (Asseola) on Wall Street.
From 1913 until now, the
US$ has lost 95% of its purchasing power. 1913 is a banner year. Both
the Federal Income Tax
and the Federal
Reserve of the United States of America were
created
to "protect us." Our central bank, just ain't owned by all us "Mercans,
however.
The purpose of the Income
Tax was to aid in Big Gub'ment and finance WWI. The purpose
of the central bank was
supposed to be to protect the currency, and to avoid another panic of 1907,
or at least that's what
they told President Woodrow Wilson. From what I have read on the subject,
the Princeton University
Chief wasn't so damn smart, and didn't have the wherewithal to admit it
to John
Q. Public at the time.
The scare at the time was the Panic of 1907 -- J.P. Morgan basically saved
Wall Street double eyed
against his cronies on one afternoon with some big cigar smoking
and jerking big high
powered Wall Street Tycoons on the telephone. Ole JP was a real cantankerous
Ole Bear with his steely
eyed look.... very difficult to say "No, JP" face to face in his office
across from the stock
exchange. Big Gub'Ment figured JP was gonna die soon, and they needed
a central bank to be
JP Morgan. Voila, your Central Bank Federal Reserve!
What a legal tender fiat
paper with ink on it joke, ain't it! -- a 95% loss in value of the US$
since 1913.
Your central bank is
out for itself and Big Gub'ment, not John Q. Public. The Fed central bank
couldn't give a Tinker's
Damn (or a Rat's Behind) if you owned a Steinway Vintage Piano,
a New Steinway, or even
had an outhouse in your back yard, much less in-door plumbing!
They don't even care
if you own a pianoforte, unless you got you money in equities on Wall Street.
That's a Fact, Jack!
But, they do want you to spend, borrow, and increase your dang debt,
so's you can do that
McTeer Thing (AKA, Dallas Fed Reserve Dummy) "joining hands as
"Mercans and buy a new
SUV!" (somewhat paraphrased, but the idea is real close!)
Yep, this is one Ornery,
Cantankerous (Ole
Bear) at www.pgtigercat.com. I am a Descartesian...
I think, therefore, I
am. I love Descartes, and the American and the French Revolutions.
Liberty, Fraternity,
and Equality! and Don't Tread on Me! or my global markets knowledge when
it
comes to dealing with
vintage pianofortes, Wall Street, retirement accounts, annuities, IRAs,
equities,
and professional real
estate markets -- valuation, trends, feasibility, and highest and best
use.
All markets are intra-related... what works in one market, typically works in another.
How's your 401K, today?
If I had told you to sell all your stocks in June 2000, you probably wouldn't
have
believed me. My parents
didn't. My mother-in-law didn't, until she saw Microsoft (MSFT) nose-dive
from $100/share to about $70/share during September 2000. "Get me out,
and take-over my portfolio!" Paulyne exclaimed. This Ole Bear saved her
$50,000 by Christmas 2000. More in October 2001. Now is the time
for a great bull market
for vintage...
Just sold the
Mathushek "Cocked-Hat!"
What an investment
at the sales price!
Nah... Greenspam
can't create one of
these critters
out of thin air like they
do in Fractional
Reserve Banking!
Vintage pianofortes....
rebuildable junk heaps, partly rebuilt vintage playables, and full professional
restorations from all
areas of the globe. But Caveat Emptor... you gotta do your Homework!
You gotta find the right
critter, and at the right price, depending on the observed condition of
the
said critter. That's
why Ole Bear started this website in 1997... to provide a vehicle to promote
vintage
pianofortes...(as well
as learning webmastering, so I could expand my skills for Battle Plan Portfolio
Analyses). With this
website, we have broadened our timelines, and our horizons,
as well as our markets
skills... And...Ole Bear's Client Base!
Back
to the Vintage Pianoforte Story in the 1930s...
The 1930s were one of
Steinway's best periods, making the company extremely strong to
endure the hardships
during WWII when they converted the factory for the war effort. Folks
were spooked. They had
no ability to own the metal of Kings in the USA... they invested in items
they
believed maintained a
store of value... new and used pianofortes... Steinways... Baldwins...
Masons...
Chickerings! They also
invested in prime real estate that would hold and increase in value through
time,
as well as resource and
mining share stocks, i.e., gold mining shares of unhedged companies. Guess
what?
All of these areas are
in my area of expertise.
This
is a Global Markets Specialist.
You are welcome to browse
both the Appraisal Company Website
and the Free Homepage of
Bastille
Day Report for global markets trends as they impact Wall Street and
Real Estate. Our
Financial
Page is also another trusty resource for the Vintage Customer. Yep,
the past 3-5 years
have been somewhat flat
and soft for vintage unless you were the restoration shop...
That is about to change...
dramatically!
Hold onto your hats, Folks!
Vintage Pianoforte Market
Before and After the World Trade Center
or the WTC didn't
start the global markets mess... just exacerbates the mal-investments...
is a global markets specialist and a professionally designated real estate
appraiser in what was supposed to be the premier professional organization
on the Planet. Sadly, my Appraisal Institute has been part of the central
bank, GSE money pump as a surrogate yes man for FHLMC and FNMA holding
up real estate values as well as Wall Street in the Greatest Market Bubble
in stock markets in 400 years. You have been living through the greatest
Stock Market Bubble, Credit Bubble, Debt Bubble, and Real Estate Bubble
in 400 years, and in the United States of America's History. You are now
in the Grand-Daddy of all Bear Markets in this new Millennium... there
ain't no New Economy or Old Economy, Folks.... It is simply The Economy!
Wake Up, and smell the coffee!
Great Grand-Daddy Bear Markets eat wealth!
-- if your cash ain't stashed in the right place!
How is your 401K, today? Are you a
patriotic buy and hold on equities? Let me give you a clue.
From the actual DOW market bottom in
1931-32-33, it wasn't until 1954 that the DOW reached the
top of the market it saw in 1929...
! Hello! That's about 22 years. Bear Markets last as long as
Bull Markets Folks. Get Real. Go read
Ludwig Von Mises, The Theory of Money and Credit!
Economic cycles revolve around the
K-Wave, or Kondratiev (Kondratieff) Wave...
Spring, Summer, Fall are all good waves...
Winter is the nasty Wave... We are in the Kondratiev Winter
Cycle just like we were in 1929. Japan
has been ahead of us about 10 years in their K-Wave cycle. Japan
has been in Great Bear Market since
1990. The USA and a good chunk of the rest of the world we trade
with is in the same general cycle...
yep... this is the Kondratiev Winter of our discontent.
What is a dead cat bounce?
Exactly what Wall Street is doing right
now....
Dead Cat Bouncing....
So, you bought JDSU at $50 on the way
up to $300?
Well, you should have sold at $250-$300,
because it's Six Bucks and Change right
now, and
if you are in your 70s, you may not
live long enough to
see JDSU over $50... $300? who are
your kidding?
You bought Yahoo at $250? Well today
it's $8-12 and change...
Dead cat bouncing is what the Japanese
Stock Market
has been doing since 1990, and still
going down.
The NASDAQ the summer of 2000 was dead
cat bouncing in the 4,000 to 4,500 range...
That was a dead cat bounce... guess
what...?
It won't see 5,000 again in my lifetime!
Dead cat bounces eat wealth if you hold for the long term... nuff said.
Vintage Pianofortes and the POG
Gold,
and the price of gold (POG), has been manipulated for about the past six
or seven years by our government, based on my research and the justification
and support you will most assuredly find on our website. The US$ is currently
under pressure, and is a legal tender fiat paper currency, that is not
backed by heavy metals (silver or gold bullion). It is backed by the faith
and good credit of the central bank and the US Gub'ment (aka, Joe Six Pack
or more formerly, John Q. Public). The central bank is a manipulative fiasco-quasi-privately
held Federal Reserve which has major stockholders, not all of whom, according
to my sources are US Citizens. There are probably some links to the Rothschilds
of Europe... the big financiers of wars, politics, and governments since
George III and Napoleon Bonaparte... among others. You think the USA fully
owns the Federal Reserve? You think the BIS (Bureau of International Settlements)
is all European? Heck, Nah! Greenspan and a few cronies have a couple of
seats there in Geneva, Folks. Hummmmmmmm?......
Our country is currently at war with terrorism (not a specific country). The Constitution, the Bill of Rights, as well as our Freedom have also been attacked, whether you realize it or not. Go fly United, and get a body search. Kinda goes against the ole Bill of Rights, Don't It? Gold, the metal of Kings, called a "barbarous relic," by Keynes I believe in the 1930s, is a store of wealth as an investment metal as well as money. So are Vintage Pianofortes.... Mr. Magoo can't create one out of thin air!
highly recommends you read our website links to articles, editorials,
and analysis at other financial and stock market websites to remain
in the vintage pianoforte or new pianoforte market at this time.
Ole Bear believes, that like gold, the metal of Kings, quality vintage
pianofortes are a store of wealth during any coming
financial storm (Link to The Perfect Storm Series, James Puplava FinancialSense.Com).
Contributing factors to vintage pianoforte value include rarity of case, rarity of marque, observed condition of the said critter in question, ease of restoration, quality of restoration, combined with the fact that in stressful economic times, reliable metals, vintage stamps, vintage coins, rare antiques, art, paintings, as well as a quality vintage pianoforte become items of increasing demand as a store of value for one's monetary wealth. The US$ is a legal tender fiat paper currency with ink on it. The Federal Reserve chairman, aka Easy Al, the Putt Writer's Pal, can create money out of thin air. However, he cannot create gold, a Monet, a Renoir, a Vintage Mason & Hamlin, or a Vintage Steinway as a store for your wealth. Nah, Mr. Magoo can't make a vintage Mason, Baldwin, Chickering, or Knabe either out of thin air like he can create about $200 billion smackerous after 9/11/01. But Heck, Folks, he sure knows how to tinker with global markets, creating the biggest of bubbles since John Law figured out how to create a Mississippi Bubble in Paris, France several hundred years ago... putting everyone elses' money into his pocket, and duping the ole King of France.
The
weakness
in the economy existed before our National Tragedy on September 11,
2001. Wall Street was going to decline in equity values because of no earnings
and over-valued stocks. Last resources indicate the PE Ratio on the S&P
500 at around 41 as of 10/9/01 based on a Bill Fleckenstein markets' review
of the trading action I read 10/9/01. The WTC
disaster did not create the global economic mess. It
just exacerbates pre-existing conditions. You are welcome to
check out the following links as my vintage pianoforte customers, and surf
additional free areas on the website including the Bullock
Appraisal Homepage and the free areas of Bastille
Day Report. A
brief additional vintage pianoforte market brief is posted on the bottom
portion of our Financial Page (use your back arrow to come back to this
webpage).
Our
Financial Page has our usual list of suspects for most of our global markets
research, as the Ole Bear is also a
professional
trader in the gyrations of the Wall Street Shell Game, but we usually play
putts and calls on the market
action,
as we hold few actual equities, except for some select mining and resource
stocks.
| JTaylor's
Sept.7,
2001 Free Issue "A Progress Report on the Kondratieff Winter" for the newsletter...an excellent synopsis of gold manipulation by the U.S. Government |
The
Perfect Financial
Storm Series of 10 articles by James Puplava, webmaster of Financial Sense, is an excellent summary of global market conditions as they may impact the Kondratiev Winter Cycle in the US & Abroad |
Gold Anti-Trust Website Howe vs. BIS |
Ole Bear's Financial & Investment Page & Op-Ed Links |
Other Links
Will Be Added When Deemed Appropriate |
| Gold-Eagle.Com | Prudentbear.com | |||
Your
legal tender fiat US$s of paper with ink on them are declining
in
purchasing power, even as you read this sentence.
If
you are seriously interested in a vintage pianoforte for personal use,
satisfaction, and
enjoyment,
you will hedge your purchase against the declining dollar from the machinations
of
intervention and manipulation by the US central bank in bullion markets,
Wall Street,
derivatives,
repurchase agreements, and the printing press, not to mention intervention
in
currencies, et cetera, on the Global Markets.
If
you really are a new pianoforte purchaser, come see us at Hennessy
Music in Columbia
for
fine new Yamaha, Baldwin, and Bechstein instruments. Call Ole Bear at:
Office:
573-445-8918
Cellular:
573-881-2275
Fax:
573-445-0871
And I will set up the Appointment with Frank Hennessy here in Columbia, MiZZouRah!
Come
see us anyway at Hennessy's for the best vintage pianoforte grand and upright
case
restorations
in the Mid-West. Ole Bear can promote Hennessy Vintage Restorations on
the website,
however,
if you are a new instrument customer you have to walk into our store. Dem
are the
Rules
with de New Manufacturers we represent! The customer for new instruments
has to
walk
into our store! A phone call won't do... to actually purchase a new instrument!
Dem are
de
manufacturers' rules, Folks!
will strive to keep you posted on the vintage pianoforte market in the
coming months
and
years ahead of us. The time to buy is now... Greenspan can't manipulate
the price of vintage
pianofortes,
nor can he create them out of thin air. There are only so many vintage
pianos left in the
global
market existing today. This is perhaps one of the last free markets left.
Definition: Free Market -- one that ain't manipulated... not like Wall Street and the gold market.
See:
Gold
-- This is the bottom line
See:
What
Really Killed Argentina
See:
Rate
Cut Scorecard Round Two
Certainly,
real estate has not been a free market since the Greenspan Era GSE Money
Pump
holding
up Wall Street! It has been an inflated Bubble and a money pump to fuel
Wall Street Bubbles,
Credit
Bubbles, and Debt Bubbles in the good Ole USA! Always have a reputable
RPT, restoration
craftsman,
or reliable turner with rebuilding experience inspect before you buy an
Ole Dog!
Caveat
Emptor!
Welcome
to my global specialties world, Folks...
--
It's my World, and You are living in it!
Ole
Bear's Lamborghini!
1988
Baldwin SD 10, Concert Grand
Prepared
by Frank Hennessy, RPT
Columbia,
MiZZouRah!
Purchased
1993! Has nearly doubled in value
in
terms of the depreciating US$!
Whether
you decide upon Vintage, Experienced, or Brand New for your pianoforte
purchase...
you
could not have made a wiser decision, today. My
1988 Baldwin SD10 purchased in 1993
is
worth double what I paid for it in 1993... that is a 100% gain!
(Frank
Hennessy also made me an offer I couldn't refuse!)
The
Heck with Wall Street and the Global Markets Mess
I
Describe! You See What Ole Bear Means?.... About great pianofortes as a
store
of wealth!
Folks,
that is global markets knowledge you ain't gonna get anywhere else....
With
a depreciating US$ and increased geometric or hedonic weighting cooking
the numbers and
the
books, you, John Q. Pubic have been lied to by the BLS inflation numbers,
the central bank,
and
the Fed'ral Gub'ment. Now, you must decide upon your own research whether
you believe
in
the concept that a pianoforte is a store of value and your wealth, as Ole
Bear Does!
believes now could not be a more opportune time to invest
this
portion of your wealth, to diversify your portfolio for your future.
Marques
for investment include Steinway, Mason & Hamlin, Baldwin,
Yamaha,
Chickering, Bösendorfer, Bechstein among others... and there
are
countless European Makes, new and vintage, for your portfolio.
Always
buy from a reputable dealer or restoration shop, and do your
homework!
Rare Art Case and One of Kinds in any condition are
increasing
in value as a store of wealth in any condition... but Caveat Emptor.
Let
the Buyer Beware. Don't just jump in without doing your homework, Folks!
When
in doubt, check the rebuilder's credentials and references! Get a RPT
or
rebuilder to pre-inspect that rebuildable before you write the Check!
Just
like getting a home inspection as part of a home purchase!!!
(from
a building inspector all the Realtors hate!)
Home of www.pgtigercat.com
Just
like getting a home or commercial property appraised before you sign on
the dotted line!
And,
always from a global markets specialist Ole Rascal Cantankerous Professionally
Designated
real property valuation expert.


There
are many fine vintage restoration shops and craftsmen on the Planet...
All
over the Globe... Now is your opportunity to preserve your cash through
an
investment
that will cost you more in the coming months and years...
Now
ask yourself where else on the Planet have you found one Helluva Ornery
who
has
passions for all of his clients... from vintage pianofortes to real estate
valuation and
global
markets analysis. As you surf www.pgtigercat.com,
you will note that all of my webpages
show
full address and phone numbers for my place of business in Columbia, MiZZouRah,
the
home
of the MiZZouRah Tigers. Compare that to other places you surf for vintage
on the Net.
Ole
Bear is your Renaissance Man! I think, therefore, I am. -- Descartes
Best
Regards,
Ole
Bear