kimgee
Wenge Taste Tester
- Joined
- May 23, 2016
- Messages
- 949
- Reaction score
- 1,141
Yeah, I thought it looked like it had been butchered.All sorts of wrong with that body and it was not allowed out of the factory like that!
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Yeah, I thought it looked like it had been butchered.All sorts of wrong with that body and it was not allowed out of the factory like that!
I respectfully disagree. The current price of gold in most currencies indicates otherwise. Also, I did some research and found that at the credit union I use, which operates in multiple states, has had a significant duration increase in their retail loan book, and in spite of this, defaults are up over 200% compared to the same time last year. Many investors holding CRE bonds are in a near state of panic because the current market value of many commercial properties is below the value of the bonds issued to build/buy those properties. Many US banks are sitting on massive unrealized losses due to the FED and Treasury Dept encouraging them to invest in near zero interest paying Treasury bonds in the, not so distant, past. The current level of unrealized losses at US banks is much, much higher that it was during the GFC in 2008. As long as the banks can hold those bonds to maturity, they will be made whole. However, if a bank gets in a tight spot and needs liquidity, and is forced to sell those bonds.......they will rapidly become insolvent. That is exactly what happened to Silicon Valley Bank last year. A disruptive event, such as a calamitous US election, could be a trigger. And speaking of elections, the MSM, which is predominately left leaning is not going to throw up a bunch of red flags in an election year when the incumbent and their favored candidate is also left leaning. Let me be clear, I do not think it will matter who wins in the long run, and am total agreement with Mark Twain's famous quote "If voting made any difference, they wouldn't let us do it". If you doubt my accuracy on the current state of the US financial system, dig through the relevant charts on the FED's website. Here is a very informative, and terrifying, website to start with: https://www.usdebtclock.orgSerious economic downturn? Huh? It's the exact opposite. The economy is doing great in the US right now.
Recent addition to my collection, #51 from 1986.@kimgee One of the 1st JD 5'ers of '87....and and it's right in that transition zone, when the pups would soon be "less" severe of an angle.
We were recently chatting about this a few months ago, with some other JD 5's that either had or didn't have the severe pup angle, and either had or didn't have the Schaller bridge.
Very neat, first time I've seen number #88. Freboard replaced. Love the blonde streak on the body. Super duper cool!
Yes #51 has the blonde streak. Also pictured is my 1990 Jack Bruce #14.Ahh yes, lovely!! I remember #51. December of '86. Also one with a blonde streak on the back. Very cool!
Safe to say it's from the same chunk of wood as #88 linked above (Jan - '87) with that blonde streak.
*time to find the 36 JD 5's between those two. Wonder how many have the blonde bits.![]()
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