Market down, who wants to pay the premium

[911NBK]

Originally Posted by rollyp

The level of complacency regarding the stock market is astounding. And a prolonged decline will absolutely affect prices of all collectibles, including watches of course. A large part of the run up in prices of watches (and everything else for that matter) is all the easy money that has flooded the monetary system since 2008. All our Fed knows how to do is inflate new bubbles when one of them pops. This time is no different, except eventually we'll get to a point where the whole charade doesn't work anymore. That's when things will could get really nasty.

Just be liquid for when the nastiness starts.

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