Buy pens now!!
August 9, 2011 § 1 Comment
“Buy fountain pens now!” Sounds like a line from a ‘B’ movie about the commodity markets. But there is truth in it. We all love our pens and enjoy the privileges of writing with a choice of nibs, particularly those produced in gold with precious metal decoration. The pen manufacturers have been maintaining prices remarkably well but one has already broken cover with unscheduled, mid-year price increases of 14% for their gold nibbed fountain pens coming into force at the beginning of next month. We are sure that the others will have to follow suit, either with an unscheduled price revision, or with a massive hike at the next scheduled revision.
The background to this is the general economic upheaval and investors turning to precious metals including, gold, silver, rhodium and platinum, for security. We have looked into this and suggest viewing a US based coin website where the picture is very clearly laid-out: http://lynncoins.com/historical-gold-charts.htm
Cross have announced their price schedule for the European markets and, according to a customer in the Southern Hemisphere, are trying to lift prices even higher there. So, if you have a major birthday to buy for or just a treat for yourself for Christmas, we would suggest a purchase earlier rather than later!