[joa]

Originally Posted by AbeFroman

I posted this in another thread in the Rolex sub-forum this morning for another member who has asked about the current market state.

Since this morning, both the treasury secretary and World Bank have said they believe inflation will continue to persist over a prolonged period. I think watch prices will continue their decline and at an increased manner especially for those references that experienced explosive gains (hype models).

The cost of fuel, food, housing, and basic life essentials are making many recalibrate their spending habits.

the real fun awaits once the interest rates creep up high enough to threaten sovereign debt.

This is so mind blowing that i think there is no safe place to hide, just ensure portfolio is not overleveraged, ideally lower your counterparty risks (bank failures) and then just ride through the storm.. where watch prices will be once the clowds lighten up in a few years, who knows