Prices slump by up to 50% for discontinued Rolex watches (Watchpro)

[Meltingicecube]

People think Rolex are some genuines playing three dimensional chess! If they are, why did their watches trade at a massive discount prior to 2018?

I think this was a 5 year bubble that's in process of bursting! Many things (covid helicopter money, people saving during lockdowns, interest rates & QE, stocks/crypto boom) went right all at the same time and all those factors are now reversing!

I'm watching the China situation very closely, if China goes down, flippers/speculators are in big big trouble!