Inexperienced Gem Dealers In Gem Markets

New findings suggest that gem dealers if they are young and inexperienced can be fooled and laminated. Younger generations are always lured in because the perception is gemstones always bring in money. They are overconfident with little or no product knowledge, tech savvy with low attention span, laidback with less patience and perseverance; ignorant, fearful, absentminded, greedy and more likely tend to be deficient in CS (commonsense). The younger gem dealers deviate from established concepts by luring in the inexperienced consumers and general public creating more bubbles. Trust and values are replaced with bluff and deceit. With time underperformance gets worse. The gem market is never compassionate. Gem dealers come and go, but gemstones live on. Somewhat surprisingly the older gem dealers know how to avoid the gas bubble trap. They have had more experience and lived through bad years. They keep a low profile and chose customers and friends selectively. They live a simple life. This tends to make them more cautious. Unfortunately the general public and consumers do not take time to look at history. They have short memory. Learning comes by doing. At the peak, the inexperienced consumers in gemstones end up stocking a significant portion of gemstones and may have the leverage to sway prices. The concept of gemstone business is a combined behavior of millions of people responding to information, disinformation and misinformation.