no body is buying anything on audiogon

Nobody's been anything here for a long time now, since before Christmas. Everyone knows it, dealers are dying, used sales are hopeless. It's called the economy. Hard to justify buying $20K speakers et al. when your job is in jeopardy and your investment portfolio is down over 50% from just a year ago.

Face it--high end audio are luxury goods. You look at your stocks and see YHOO over $200 and RBAK over $150 and you say cool! Think I'll buy those Wilson X-1s and ARC Ref 600s. Now you look at those same stocks and see YHOO under $20 and RBAK under $10, and suddenly it's a bit harder to rationalize the purchase of a ridiculous $80K pair of speakers and $30K pair of amps, huh?

It's called the wealth effect. And it ain't working in high end audio's favor nowadays.

How can you tell?
I bought a big Krell amp. The seller never posted it as sold; the ad just expired. ie: you wouldn't know there was a sale.

For most of the country, summertime is short and people tend to spend as much time as possible outdoors. The hobby tends to pick up in the late fall. Living in Florida, as I do, it is a summertime hobby since it is over 90 degrees for five months of the year. Way to hot to be outside. Don

I have to agree that the economy plays a big role in high end audio. You also have to remember that we're in the middle of summer. People have their minds set on vacation and travel. It's obvious that the forum traffic along with the amount of gear that's being listed has trickled off for the season. Hopefully things will pick up around Oct through the new year. (pre holiday, year end bonus and tax returns help to push spending)