This, and the week before, we received more business and attention from new clients, than in the entire last two months combined. Furthermore, majority of them are Americans! What’s going on? We put that question to one Soviet Jewelry collector from California. His answer surprised us. He said it was Cold War Nostalgia, sparked by the recent face-off between Russia and United States over Syria.
Screenshot Copyrights © CNN.com
“Many baby boomers want to relive their victorious past. Buying watches, rings and other Soviet things makes them feel connected to that time. They also see Soviet collectibles as their trophies for winning the Cold War.” Jason M. / San Francisco
In light of the above said we did an extensive market analysis and here’s what we found. Lets start from the beginning.
In light of the above said we did an extensive market analysis and here’s what we found. Lets start from the beginning.
 Screenshot Copyrights © goldprice.org | The stock markets, once again, showed their dark side and, once again, gold came to the rescue. As Dow, Nasdaq and S&P plunge, gold prices are sharply on the rise. Gold is clearly showing everyone that is not only a safe but very profitable investment. This is a no-brainer by now. Stock markets, on which all economies highly depend on are extremely susceptible to unpleasant world events. Syria is only a small example of how fragile they really are. |
The question that everyone must ask is – will there be more or less of "unpleasant" world events in the near future? The obvious answer is – more. And not only will they be in random parts of the world, chances are most of them will be concentrated in the oil-rich Middle East. This virtually guarantees higher oil prices and slower economic growth, across the globe. What should people do?
Buy gold in any way shape or form. This is the only commodity that not just increases but skyrockets in value with every “terrible” news or event that comes our way. The fact of the matter is - gold jewelry and cash-for-gold-buyers helped more average Americans during the 2008-2011 financial crisis than all the stock markets and government bailouts combined. That is, however, not the main point of this market report.
The main point is that a midst all of these economic downturns and global instabilities, Soviet Gold Jewelry is being aggressively bought up by investors and thus sharply growing in vale! Much to our surprise, this standoff between United States and Russia over Syria has sparked up some old rivalry that was last felt decades ago, during the Cold War. This for whatever reasons created a very strong demand for Soviet Gold Jewelry with most buyers coming form the West (mainly US and UK)! The only explanation for this phenomenon - is nostalgia, that must have suddenly awoke many otherwise uninterested Western investors.
Buy gold in any way shape or form. This is the only commodity that not just increases but skyrockets in value with every “terrible” news or event that comes our way. The fact of the matter is - gold jewelry and cash-for-gold-buyers helped more average Americans during the 2008-2011 financial crisis than all the stock markets and government bailouts combined. That is, however, not the main point of this market report.
The main point is that a midst all of these economic downturns and global instabilities, Soviet Gold Jewelry is being aggressively bought up by investors and thus sharply growing in vale! Much to our surprise, this standoff between United States and Russia over Syria has sparked up some old rivalry that was last felt decades ago, during the Cold War. This for whatever reasons created a very strong demand for Soviet Gold Jewelry with most buyers coming form the West (mainly US and UK)! The only explanation for this phenomenon - is nostalgia, that must have suddenly awoke many otherwise uninterested Western investors.
Screenshot Copyrights © eBay.com
For the past two months the total number of Soviet Gold Jewelry that was available on eBay was roughly between 95-110 items. Then suddenly within a week this number dropped down to 70-80 while prices on many, especially average Soviet Gold pieces, increased by $100-200 dollars. This very sharp spike in Soviet Jewelry demand is a clear evidence of the new buyers that are “put off” by the fragility of the stocks and “turned on” by the strength of gold. Add a little tension between the West and the East, reignite the nostalgia of the Cold War in wealthy baby boomers, and out of the blue a major surge in prices and popularity comes to the Soviet Jewelry market!
Disclaimer: All statements in this report are an opinion. Act at your own risk.
Report by
Soviet Jewelry News
SovietJewelry.com/news
Disclaimer: All statements in this report are an opinion. Act at your own risk.
Report by
Soviet Jewelry News
SovietJewelry.com/news
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