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To: VanDeKoik

I wish I had the money, but I still wouldn’t buy this.

My understanding is that guys like this, who have their level of wealth and who buy these things, aren’t too concerned about paying too much because it is better to have paid $71 million for a gemstone that falls to $3 million in value, because it’s a bird in the hand thing. More secure than cash.


11 posted on 04/04/2017 8:50:36 AM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: Jonty30

There is no way it will fall to 3 million or even 30 million. It will only increase in value, because paper money is constantly devalued over time. That is why they are willing to spend paper for a rare valuable gemstone. It will never devalue. As it stands it is a one of a kind, and for the foreseeable future that will stand to be the case.


15 posted on 04/04/2017 8:58:20 AM PDT by Robert DeLong
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