[Jewelry making - Article 01134] - Re: [Orchid] Jewelry in the 80s

[Allan Creates]

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>     How did you do it? How did you open/run a business in that kind of
>     economy. 

    After the robberies and down turn lots went out of the business and
    never returned, as by then they were weakened financially and
    traumatized by all the robberies leaving the space for new comers to
    come up and take over, and now it is their turn to experience what
    their predecessors went through 25 years ago. Life just repeats
    itself. The farmers always wait for the fruit to ripen before picking
    and so do the thieves, they are watching all the time looking for the
    shops to prosper before they visit. 

    Sorry to say not good. 

    I kept some news clippings from exactly that time and here are a few
    highlights from those clippings. 

    "Montreal paper" Feb. 1980 

          Montreal area jewelry store owners are taking extra
          precautions these days to protect their merchandise and their
          lives, as the price of gold and silver remain at record highs. 

          But despite these precautions, "at least one jeweler has been
          robbed every single week since the beginning of the year. 

          With the price of gold and silver, and the value of the
          Canadian dollar, my customers just won't pay the price for a
          good watch, but thieves are lining up at my door to beat their
          way in. 

          "End Montreal paper highlights" 

    There is an interesting history sheet on the price of gold at
    Kitco.com I found one day and I was amazed to see back in the 1800's
    the price was the same for over 100 years. Life was so stable back
    then. 

    That is why the rich had it so good back then, their money never
    shrank, most people never had a chance, 

    http://www.kitco.com/s/hist_charts/yearly_graphs.cgi There was no
    money to make or loose with gold from 1833 to 1932 

    Can you imagine the ocean of oil that J. Paul Getty sold to become a
    billionaire at 2 cents a barrel back in the 1890's 

    Ronald Ragan referred to stock loses back then (80's) as corrections
    "to soften the blow." 

    So when your business goes down, just think of it as a correction
    that you never deserved as much as you once had, and you are now
    being corrected. 

    You see life is like the snakes and ladders game. Now is the time
    that all those good years are washed up in a short time. Long to
    build up and fast to go down. You must be very careful in these times
    as life has a way of hurting the working people. You will soon see
    (maybe already in the mode) companies not paying those that do the
    work as they lean on the little people (they refer to that as "OPM"
    others peoples money) "unsecured creditors" before the whole deck of
    cards falls. 

    It seems that no matter how good things are they never seem to last.
    Just like life itself. We have to be thankful for any good times we
    ever had, as most have never tasted them at all. 

Let us all hope I am wrong.

Allan Creates
superringfit.com
P.F.F. Hinged Ring Shanks

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