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3 October 2022, 08:44 AM | #1 |
"TRF" Member
Join Date: Mar 2020
Location: UK
Posts: 760
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A different perspective
So I was thinking what if the financial crisis actually end up becoming a uplift for the watch market.
Well first of all, i am one of those people who do want the watch market to crash. Things have gone crazy in the last few years, we all know about it so I wont dwell on it. My thought process is that a lot of investments these days are virtual (for lack of better word) such as bonds, equites etc. And in an environment where it seems they might crash or at least go down in value significantly people may want to invest or hold on to physical assets. Watches are real physical assets in your hand and there is no doubt that there is very large demand for them. Just like gold or other precious metals. Whilst values for these assets go up or down, they do remain valuable in most situations. Now I am not saying that this will happen for all watches but could be a possibility for real hard to find watches or very high demand watches. Just a perspective I wanted to share. |
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