What Do You Think?

[kmleffler]

This article was written by the founder of Timezone.com. Do you think he is right in his analysis?

http://www.ablogtowatch.com/richard-...gtoRead.com%29

[kilyung]

I've always enjoyed reading Richard's comments. However IMO, fine mechanical watches have become luxury goods particularly when you can now cheaply tell the time with a quartz watch or mobile phone. As such, it's no longer priced as a commodity.

[mrhy]

Luxury goods has become a market niche whether its ties,shoes or watches....price almost doesnt matter,as long as its high.I walkup up madison ave in new york occasionally,you get the feeling that money doesnt matter.

[anothernewphone]

He spells "tourbillons" wrong in the article.

[luv2fly]

The law of supply and demand continues to prove itself to be irrefutable in unregulated markets. IMO as long as people demand larger quantities of luxury watches that are supplied into the market by the makers, prices will go up. If demand collapses or if supply expands dramatically to greatly exceed demand, those wishing to buy luxury watches for lower prices will get their wish.

[Sherwooddavid]

Richard make some very good points...overall I enjoyed the article.