Russia War Scare, Stock Market Correction... which models will be the first to fall?

[HelloMelo]

As the title states, the market has been in a heavy correction with rising interest rates and a looming war in Ukraine.

Hopefully we'll see some softening of prices once Grey's try to undercut each other?

Which model's would be the first to take the biggest blow? Will SS pieces be more resilient than PM pieces?

Bored at work and reading such gloomy news. Can't help but hope that this starts putting pressure on some Grey dealers.

[TswaneNguni]

Stockmarkets edgy ,people run to alternatives .Rolex is one of them .

Rolex will go up.

[Fritzli]

The greys wont get the pressure - they always sell with the same margin, but credit financed Rolexes from working poors who need a Rolex for a status they never had or even more simple flippers!

[HelloMelo]

Originally Posted by Fritzli

The greys wont get the pressure - they always sell with the same margin, but credit financed Rolexes from working poors who need a Rolex for a status they never had or even more simple flippers!

Well flippers flip quickly don't they? I doubt they'll be holding on to anything with tremendous risk

[kieselguhr]

So the first thing on your mind when a war is looming is Rolex prices?

[Speedbird-1]

Too many variables in watches.
Gold is Gold.

[HelloMelo]

Originally Posted by kieselguhr

So the first thing on your mind when a war is looming is Rolex prices?

Rolex Market, Stock Market, Crypto Market... so yeah pretty much.

[Fritzli]

Originally Posted by HelloMelo

Well flippers flip quickly don't they? I doubt they'll be holding on to anything with tremendous risk

Maybe my english is to bad - but yes, thats what i wanted to express - they gonna be the first sellers when the prices dont rise every week anymore!

[omx5o]

Just a guess. Oil up. Gold up. Rolex up.

[bwdellorf76]

Threat of war, or war itself is obviously a bad outcome. Unfortunately, war usually causes more inflation (higher prices for energy, metals, food etc). All of this can also lead people to seek more alternative assets and collectables. We will see how it plays out.

[dimag333]

Originally Posted by Fritzli

The greys wont get the pressure - they always sell with the same margin, but credit financed Rolexes from working poors who need a Rolex for a status they never had or even more simple flippers!

hopefully your english is just bad and you're not really that big of a tool

[WatchNutcase]

Judging by the fact that this post was even created, I'd say prices will go up.

I'm not sure where Rolex gets slotted in as an investment but it's certainly proven itself as an inflation hedge, but will it act like gold during a war? No idea. Will it act like Bitcoin, not sure.

If things got extremely serious people would generally lose interest in watches in general as they flock to essentials like food, but lets hope we don't get to that point right?

[HelloMelo]

Originally Posted by WatchNutcase

Judging by the fact that this post was even created, I'd say prices will go up.

I'm not sure where Rolex gets slotted in as an investment but it's certainly proven itself as an inflation hedge, but will it act like gold during a war? No idea. Will it act like Bitcoin, not sure.

If things got extremely serious people would generally lose interest in watches in general as they flock to essentials like food, but lets hope we don't get to that point right?

Have watches proven itself as an inflation hedge? Genuinely curious if there is data to back that up or if it's a myth.

Bitcoin was supposed to act as a "hedge" to the equity market as well but all it does it follow the same trend.

[WatchNutcase]

Originally Posted by HelloMelo

Have watches proven itself as an inflation hedge? Genuinely curious if there is data to back that up or if it's a myth.

Bitcoin was supposed to act as a "hedge" to the equity market as well but all it does it follow the same trend.

I'm not an expert but from what I understand is that Bitcoin is still extremely early, we're at the layer 1 phase kind of like the bare internet protocol in 1997. As Bitcoin matures as a free market it'll probably break away on its own.

Rolex prices have gone up insanely IMO due to inflation as people look to get rid of cash and keep purchasing power in assets, same story with real-estate. I don't have any sources or solid data to confirm this but I think it looks blatantly obvious at this point.

[vh2k]

Watches are the best performing investment class over the last 100 years! Watches have never gone down in value and nobody has ever lost any money. I learned this from Watch Flipping Academy!

[Dougiebaby]

Originally Posted by HelloMelo

As the title states, the market has been in a heavy correction with rising interest rates and a looming war in Ukraine.

Hopefully we'll see some softening of prices once Grey's try to undercut each other?

Which model's would be the first to take the biggest blow? Will SS pieces be more resilient than PM pieces?

Bored at work and reading such gloomy news. Can't help but hope that this starts putting pressure on some Grey dealers.

IF the Rolex market started to go downward, the FIRST models to take a blow would be the ones that were the LAST to rise. Meaning, Daytonas, GMTs, Subs, etc. will not drop first, it would be the DJs, AirKings, Explorer IIs, etc. It's the LIFO method of accounting ... Last In, First Out.

[Incroyable12]

Watches are also a form of portable wealth.

What do people bring with them when they flee? Jewelry and precious metals.

[HelloMelo]

Originally Posted by Dougiebaby

IF the Rolex market started to go downward, the FIRST models to take a blow would be the ones that were the LAST to rise. Meaning, Daytonas, GMTs, Subs, etc. will not drop first, it would be the DJs, AirKings, Explorer IIs, etc. It's the LIFO method of accounting ... Last In, First Out.

What about the current "overhyped" models? (Hulk, OP Turquoise, Etc.)

[digitalR]

A Rolex is no better of a "safe asset" than things like gold, real estate, etc IMO. If the market goes into a sustained correction, I expect watch prices (grey) to do the same. Anyone with enough money to buy a watch in the grey market at 2-3x likely won't care & anyone saving up to pull the trigger while seeing the rest of their asset values tank, won't exactly be rushing to pour money into a luxury item.

my perspective anyway but seems foolish to think Rolex is somehow immune to macro market trends if drastic enough

[Onikage]

Bitcoin has recently proven itself to be unsafe from government interference. Without getting political - Not so with gold, which can often be lost in unfortunate boating accident until people recall whereabouts on the lake they were and break out the scuba gear. Erm hard assets are a good bet and people will flock to them was my point.

[brandrea]

Come on guys … IBTL

[Krash]

Don’t forget to mention inflation is at a 40 year high and is only going to get worse short term…


Sent from my iPhone using Tapatalk

[HelloMelo]

Originally Posted by Krash

Don’t forget to mention inflation is at a 40 year high and is only going to get worse short term…


Sent from my iPhone using Tapatalk

Good or bad for luxury items such as a Rolex?

[TexEd]

Originally Posted by kieselguhr

So the first thing on your mind when a war is looming is Rolex prices?

[Time Out]

Everyone is all in including the lint. I'm on several forums for cars, boats, houses, etc and everyone is forcasting everyone elses bubble to pop but not theirs.

The reality is the rug is going to be pulled out from under everyones feet inlcuding the big boys. Hard to fathom now but when the markets go into free fall and business close up out of nowhere the last thing you'll be looking for is a Rolex at a discount.

The one thing we learn about history is that we never learn from history.

[digitalR]

Originally Posted by Time Out

Everyone is all in including the lint. I'm on several forums for cars, boats, houses, etc and everyone is forcasting everyone elses bubble to pop but not theirs.

The reality is the rug is going to be pulled out from under everyones feet inlcuding the big boys. Hard to fathom now but when the markets go into free fall and business close up out of nowhere the last thing you'll be looking for is a Rolex at a discount.

The one thing we learn about history is that we never learn from history.

well said.

[Dr. Robert]

Originally Posted by Time Out

Everyone is all in including the lint. I'm on several forums for cars, boats, houses, etc and everyone is forcasting everyone elses bubble to pop but not theirs.

The reality is the rug is going to be pulled out from under everyones feet inlcuding the big boys. Hard to fathom now but when the markets go into free fall and business close up out of nowhere the last thing you'll be looking for is a Rolex at a discount.

The one thing we learn about history is that we never learn from history.

[travisb]

Don’t hold your breath. Not gonna happen.

[Wee-Willie]

I have never bought a watch as an investment..I buy to wear & enjoy.
I bought my Day Date because I wanted it to WEAR!!

[HelloMelo]

Originally Posted by Wee-Willie

I have never bought a watch as an investment..I buy to wear & enjoy.
I bought my Day Date because I wanted it to WEAR!!

I haven't either. The problem is that I can't get the pieces I want because of those that are buying it as "investments" and has left me playing games with my AD.