Chapter 960 The Cause of the Market Downturn

"Old man Zhu and old man Xu, you two have never opened an antique shop, so you don't know the current market situation in the antique market. In fact, it is not as good as you imagined on the surface."

"As the saying goes, antiques are golden and prosperous in troubled times. We are now in a prosperous age. The antique market is indeed good, but if compared with the previous few years, it is actually on the decline. Some people even think that the past few years are far from the bottom. In a few years, maybe the situation will be even worse."

Shi Tiezhu's tone was very heavy. The entire antique market was at a low point. No one could cleanse himself and not be affected. Although his antique store business could still maintain a good situation, if things go on like this, it will definitely be affected. big impact.

"How did this happen?"

"Why is this happening??!"

Zhu Deyun knew that people like Shi Tiezhu, who were in the front line of antique trading, were very familiar with and sensitive to the market, and what he said was the truth, and it was absolutely impossible to make a wrong judgment.

"The auction market has been booming in recent years, and the auctions have hit new highs one after another. Isn't this a very important sign of the prosperity of the antique market?"

Xu Desheng also didn't understand why Shi Tiezhu said that the antique market has experienced a cold winter in recent years.

"Some of the auction items on the auction company's side have indeed set new highs in the market, but there are very few antiques like this. If you study carefully, you will find that only a few antiques have this kind of It happens."

"Most of the antiques, it can even be said that most of the antique auctions have low transaction prices, and many of them are even unsold. People often only focus on those antiques with high transaction prices and forget this. In fact, these transactions A large number of antiques or genres of antiques with low prices can truly represent the trend of the entire antique market.”

Shi Tiezhu was worried. This is definitely not a good signal. The prosperity in the auction market can even be said to be just a false prosperity, which does not represent the real situation of the entire antique market.

Zhu Deyuan and Xu Desheng couldn't help but glance at each other, they suddenly felt that the situation was more serious than they imagined.

"What caused such a thing to happen?"!

Zhu Deyuan was very curious. The freezing of three feet did not happen in a day. The antique market suffered a severe setback, and there must be a reason for its downturn.

"This situation cannot be explained clearly in a few words. There are some important factors. One of them is that the antique market was too prosperous in the past few years. Now, the transaction price far exceeds the real price. When the market is frenzied, as long as there are antiques, they can be sold. But when the market calms down, you will find that all the sold antiques have been sold in the hands of buyers."

"When the price is lower than the purchase price, it is impossible to sell it. You can only continue to hold it in your hands. However, once the market loses confidence, it will be very difficult for antiques to increase in price in a short period of time. There will be very few antiques, and to put it bluntly, there is nothing to sell.”

"The antique market will suffer a huge blow in a vicious circle after another. It is very normal for this situation to appear now."

Shi Tiezhu is very familiar with the current situation of the antique market. There are many reasons for the current situation, but the most important thing is that the prices of antique transactions in the past few years have too much bubble.

Zhu Deyuan and Xu Desheng were speechless.

What Shi Tiezhu said was not wrong at all. The antique market was very prosperous in the past few years. Any antique that appeared on the market would be looted, and the transaction price soared to the sky, far exceeding the real value. The simplest example is a An antique that was originally worth only 50,000 yuan was sold for 100,000 or even 500,000 under the influence of the frenzied market. It is direct bankruptcy. After such things happen too much, it will seriously hit the confidence of the market. The price of antiques has dropped all the way. Many antiques have even fallen below the real price of the market. No one is willing to buy them. I'm all scared.

"Old man Shi, do you think this situation will continue?!"

"When do you think this situation will change?!"

Xu Desheng was silent for a long time, feeling that the atmosphere was a bit oppressive, he broke the silence by looking for something to say.

"When will it be possible to change?!"

"This matter is really hard to say."

"The current approach is very simple, that is to take this opportunity to collect as many antiques as possible, and sell them when the market improves."

Shi Tiezhu shook his head as he spoke. It is impossible to judge when the sluggish antique market will change.