One, there’s an obvious correlation between the two markets that very few seem to understand
And two, that market value watches from Rolex, Patek & Audemars Piguet continue to be a place that people park assets in
And another thing is obviously clear
When crypto pulls back & markets are down
Gold and watches are up
Watches continue to be an interesting asset class as they foreshadow the economy
You’re going to continue to see this throughout the year
And eventually you’ll start to see what I’m seeing
That the price index and the market variations of liquidity for watches from Rolex, Patek & Audemars Piguet are similar to gold
And not just because the watches are made of gold…
…you’ll just begin to notice that these models act similar to gold
So they ultimately run side by side with gold
Whenever gold’s having an up, watches are going to have an up
And when gold’s having a down, watches are going to have a down.
Watches are an asset class that need to be taken seriously
Wall Street has already taken notice with big investments into companies like Watchbox
And in 10 years, I’m confident that Wall Street will be trading watches and balancing portfolios with them just like they do gold today