Zhao Liping: Evaluation of Jade Market cannot rely on delusion

Recently, Mr. Motai, the head of the expert group of the Yunnan Baoyu Stone Professional Committee, made a remark in the media, arguing that there is a big bubble in the Jade market. The market price of 50 million jade bracelets is only worth four million. It is reasonable to reduce prices by about 90%. We advise everyone not to buy jade now, especially if you do not buy jade products within two to three years. As soon as this theory is discussed, the entire jadeite industry is garnering attention.

Mr. Matel really did not stop at the alarming news. The report was published. The popularity was so great that neither the dissatisfied nor the hilarious or the angry was known to have an expert in jade research called “Motai”. No wonder. In the past, some people said they wanted to be famous and reliable, or to be bizarre, reliable, reliable and scandalous. Mr. Mote dared to whisper something different from other experts. At least, the jade and jade industry in Guangdong is basically known. It's not simple!

The fact that the Jade Market is undergoing a correction is a fact. Any industry and market will fluctuate with social and economic changes. But is the market price of 50 million jade bracelets worth only four million? Is it reasonable to reduce prices by about 90%? Do you not buy jade products in two or three years? In this regard, I did not dare to agree, and I do not believe it. I would also like to thank Mr. Mortel's remarks for letting me take the opposite action and pay close attention to buying a number of jade products. Because according to experience, often some "experts" clamor about not to pay attention to what "stock", or need to pay attention to certain sections, that is, when these people are creating atmosphere, ready to "stock" or "shipment."

Why don't I believe Mr. Morte's "paradox"? Because I look through the article, I think its assessment of the Jade Market is based on delusions and is a false proposition. How can anyone actually take 50 million fools? Can 50 million people not analyze and evaluate? Who bought 50 million jade bracelets willing to sell for 4 million?

Values ​​are formed in market transactions. If there is no fact of trading and reliance on delusion, is this remark credible? On the other hand, when it comes to stagnation or correction in the collection market, not many people have called for bubbles. However, the price of the callback is always limited. Instead, it will climb higher with the arrival of the next wave of the market. For the Jade Market, I would like to recognize Guo Ying, the deputy dean of the Geological Faculty of China University of Geosciences, in the same report of his speech. Guo Ying believes that “the slow pace of the Jade market is just self-discipline of the industry, and the increase has been smaller or higher, especially for high-end jade. For example, if an insider gets an emerald from a first-hand jade supplier, he thinks it’s worth 1 million yuan. However, it is difficult for you to take down 1.5 million yuan." This fact abounds in the jade market. In contrast, Mr. Motai's statement is inconsistent. After throwing out remarks, he has also said that “the high-grade jade that is superb in color is always value-added. Because of the scarcity of production, prices are naturally raised after the excavation.” Isn't the 50 million jade bracelet that Mr. Mote said is not a high-grade emerald? Otherwise, Mr. Morton may think that someone was flickering in the jade market? The Chinese nation has a long-term psychological worship and attachment to the jade culture. Looking back at the jade market for many years, despite the ups and downs, it has always been steadily rising. Even now, the jadeite market is not deserted, and the fact that a certain region or a market is cold does not mean that all markets are. For jadeite, if economic conditions permit, I will seize the opportunity to purchase. Regarding the market situation, I think the overall situation will still rise, but it is not as crazy as it was in previous years.