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![]() "RG" wrote in message .. . I am going to hold onto the 500 gals of diesel fuel currently stored in my boat and sell it off, quart by quart when I need cash. I've been on the boat since yesterday afternoon. This morning, I walked over to the fuel dock just to see how bad things have gotten. A new shipment of gas was delivered to the marina yesterday, and the pump prices were changed accordingly. $4.50 per gallon for regular gas. After my 10% marina member discount, that takes me down to $4.05. Holy crap. And I'm sitting on 1/8th of a tank. Between that and all the doomsday talk in the group, I'm about ready to lay out on the swim platform and open a vein. But I tell you, it certainly does make me think about putting a for sale sign on the boat before the rush. If these ugly predictions come true, there will be no marketplace to sell a boat. It will have no value other than shelter. At that point, you just call the bank and tell them it's theirs. Multiply that times thousands and thousands of boat owners (and RV's and SUV's, etc) and then guess what happens to the solvency of the banks. And on and on. I am very happy we sold our 32 footer two years ago and replaced it with a small single engine runabout. ;-) |
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