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20 March 2008, 06:19 AM | #1 |
"TRF" Member
Join Date: Apr 2006
Real Name: Paul
Location: Wales, UK
Posts: 14,578
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My GMT II weighs 231g, 175g @ 24k Gold.
At the current gold price X 6.2 ounces that makes ... um. $1,000,000,000,000. I will accept trades of 6541 Milg, plus a couple of vintage newman daytonas. |
20 March 2008, 09:44 AM | #2 |
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Join Date: Dec 2007
Location: NYC
Posts: 82
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I can't really see Rolex doing that. The economy is too unstable, and the jumps of some of the more popular watches were pretty big as it was. Either way im glad I got my Blusey when I did! Thought I think a Daytona and or a Milgauss are quite a ways off, and will be even further off should there be another jump in May
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20 March 2008, 10:01 AM | #3 |
"TRF" Member
Join Date: Jan 2008
Real Name: Miguel Cornejo
Location: El Paso Tx
Watch: 116500LN
Posts: 488
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It wouldn't surprise me! actually I think it is very possible, look at the price diference between the watches in Europe and the US!!!! In a way it is unfair for the European market to pay more for the same watch that is made VERY near them!!! common Why should we pay more for an item made in the good ol USA than anyone else in the world!!!!! If the thing is made her and the fright cost is cheaper than bringing it overseas it is only fair that we have the same or better price... and I am not considering the hefty VAT that Europe has, that's a whole nother story!!!!
So lets hope it does not happen... but embrace ouselves for impact!!!
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Rolex Daytona 116500LN Black, Rolex Daytona 116500LN White, Rolex TT GMTIIC, Panerai 88, Cartier Santos TT Auto, Omega Seamaster GMT Bond Co-axial, Omega Constellation SS Auto, Tag Heuer Carrera Chrono Tachy Auto |
20 March 2008, 10:15 AM | #4 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Feb 2007
Location: Japan
Watch: ing your back.
Posts: 16,179
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Gold prices took a huge dump today!
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20 March 2008, 10:17 AM | #5 |
2024 Pledge Member
Join Date: Aug 2007
Location: Northern Ca.
Watch: SS only
Posts: 865
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what goes up must come down, look at the price of gold for the past 25 years! My question is, if gold comes down will they lower the price?
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20 March 2008, 11:03 AM | #6 |
Member
Join Date: Sep 2007
Location: Georgia
Posts: 417
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It's not the price of gold...it's the declining dollar.
If the dollar continues its slide, we will most certainly see additional price increases...probably before the end of the year. The dollar devaluation has been severe. |
20 March 2008, 09:10 PM | #7 |
"TRF" Member
Join Date: Mar 2008
Real Name: Eric
Location: New York
Watch: Patek 5980r
Posts: 489
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i hope not. especially in the US with the economy in flux.
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20 March 2008, 09:28 PM | #8 |
Banned
Join Date: Mar 2008
Real Name: Michael
Location: LaLa Land
Watch: Sub Date 16610
Posts: 1,757
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Oh boy... It wouldn't surprise me either!!! Death, Taxes and Rolex price increases... things you can be sure are around to stay!!! :-)
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