Quote from: tsaroz on May 21, 2024, 01:57:45 PM

Quote from: Bigcitytiger on May 20, 2024, 02:35:34 PM

I think Luxury items brands cucci Ferrari or some yacht companies Luxury resorts and hotels.
and even in recression those things always on high demand and when we look at geopolitical situation all over the world by all those issues at the end more and more wealth will go to hands who will consume luxury goods.
It's like bank robbery lol...let them rob bank and i'll get some % asweell without doing anything because the money end destination will be luxury brands:)
More poverty might mean that a lot money for few and it's good for luxury brands life is short off course they want taste touch and feel all the finest things in the world.

Anything that can be easily created or copied would never be valuable. Some people at some point might spend a crazy money on a designer bag but for most of the people, it would be just another bag. The thing that would keep appreciating in price would be those things that are limited in quantity, can't be created or copied and are accepted worldwide without even the brokerage of an authority. It's precious metal like gold. Bitcoin comes close but it also has the limitation of being confirmed on internet and can be verified and seen on an electronic device. Gold on the other hand, any practiced person can determine the purity with or without the use of chemicals or electronic device.

Your wrong here! Cars and other luxurious things have different brands and should i say copied. But they are still gaining value as new ones are coming into existence everyday. The things is the luxurious items will not stop because everyday they are making new ones to beat the old ones while people who loves luxurious things would get prepared to buy them. Value could be given to anything even if they large number of it or they are limited in supply. The land population in the world is much yet we pay so much money to afford landed properties. What causes limited supply is because of the high demand.

When there is so much population and people who can afford all these assets but not everyone can get it unless they have more than enough to buy them. As time goes by Gold and other essential stones will be in high demand and only the richest can get even a fraction of it on their jewelries.