Diamonds, Art, Watches, Collectibles etc..

[behappyalways]

Rolex Watch Market Remains In Bust Cycle
https://www.zerohedge.com/markets/rolex ... bust-cycle

[behappyalways]

Swiss Watch Exports To US Drop For First Time In Two Years As 'Rich' Consumer Falters
https://www.zerohedge.com/markets/swiss ... g-consumer

[behappyalways]

Another Middle-Class Spending Barometer Flashes Red: Rolex Prices Near Two-Year Low
https://www.zerohedge.com/markets/anoth ... o-year-low


Luxury watch prices are down over 20% in a year... seems like the traders are not buying anymore.
https://twitter.com/AyeshaTariq/status/ ... 0378540035

[winston]

The great Rolex recession is here: How the Fed crushed the luxury watch boom

by Joseph Wilkins

The secondary market for luxury watches has sunk to its lowest level in over two years.

The WatchCharts market index and has slumped 32% from an all-time high in March last year.

Elevated interest rates and heightened economic uncertainties are seen as sapping demand for luxury timepieces.

Source: Business Insider

https://finance.yahoo.com/news/great-ro ... 14670.html

[behappyalways]

Luxury Turmoil: Diamond Prices Crash To Pre-COVID Levels; Used Rolex Prices Hit New Six-Month Low
https://www.zerohedge.com/markets/luxur ... -six-month

[behappyalways]

Pandora Wins "Massive" Market Share As Lab-Grown Diamonds In Hot Demand
https://www.zerohedge.com/markets/pando ... hot-demand

[behappyalways]

Getting into retail biz???


Watches of Switzerland shares plunge by a quarter after Rolex buys retailer Bucherer
https://www.cnbc.com/2023/08/25/watches ... herer.html

[behappyalways]

Artificial scarcity eventually gets broken.
https://twitter.com/LynAldenContact/sta ... 8466419754

[behappyalways]

If you have money after the epidemic, spend it first!
Man-made diamonds erode the natural diamond market, De Beers H1 profits plummeted by 60%, ready to cut prices?

疫後有錢先拿去玩! 人造鑽侵蝕天然鑽市場 戴比爾斯H1利潤暴跌6成 準備大降價?｜非凡財經新聞｜20230905

https://m.youtube.com/watch?v=vXn_ih1LVoM

[behappyalways]

G7 Prepares Russian Diamond Ban, Potentially Reshaping Global Rough Stone Supply Chain
https://www.zerohedge.com/geopolitical/ ... pply-chain