What time is it? Watches and horology

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ChainBreaker in reply to @Regal

There are enough people either for whom the price is irrelevant (they are extremely rich and just want the hot watch) or who believe it’s a good investment even at silly money, to drive the prices up.

And grey Market (scalper) dealers who hold back all the stock, drip feeding it into the system keeping the "demand" high.

There must come a point when super rich, silly investors and scalpers hit a critical point.... Surely....

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hugo7 in reply to @ChainBreaker

There definitely will be. But it won't be for a very long time.

There has been a huge transfer of wealth over the past 30yrs, the levels of which are really hard to grasp.

There is no interest.

People need a home for the wealth and there is little value to making real investments anymore. You're better off accumulating assets.

Until that changes it won't change.

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Tenderloin in reply to @hugo7

Yeah watches are just another asset class. Just track anything with a level of scarcity. More millionaires than ever, younger and happening faster. They have to buy something.

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