May

17

I have sad news to report….the ukulele market in the UK has crashed, the price of a used Uke going from 45 pounds to a pound and change. The Ukulele market was showing bubble like conditions….when, suddenly it went south, popping like a balloon, and sinking like the Titanic. Luckily for me, I saw the move coming and was able to short the Ukulele market, my son taking the other side of the trade.

This Ukulele debacle is the worst musical instrument crash since Recorder Wednesday back in the 1993 when millions of students simultaneously quit the recorder. This might be time for the canes to step up to the plate and buy good Ukes to the extent of their balance.


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3 Comments so far

  1. Nick Lusk on May 17, 2012 3:03 pm

    This is the best post in the history of this site! what an eye-catching headline!

  2. Ed on May 17, 2012 8:32 pm

    Damn. What the heck am I going to do with the Garage full of ukulele’s I had set aside for retirement? Only option I think is long term storage with the beany babies. No way I am selling till I am back to break even or better.

  3. duncan on May 18, 2012 6:47 am

    Thanks Jeff for the update, I plan to get heavily long ukulele and am prepared to take delivery for future progeny. They look ideal for children learning. Cheers

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