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Old 22 April 2022, 12:09 AM   #1
McDusty
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Originally Posted by enjoythemusic View Post
The have-nots are getting squeezed, yet many haves have more, much more.
The 'haves' having more mantra is stock market valuations, which tend to go 'poof'.

Again I'll cite Netflix as an example. Market cap dropped 54 Billion overnight this week. Thats 54 billion* the haves thought they had, and it turned out they didn't.

Even stock market 'whales' are getting humbled...
https://nypost.com/2022/04/21/bill-a...x-shares-tank/


*obviously some of that is owned by pension funds, 401k target date funds etc so not all of that loss is the 'haves'
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Old 26 April 2022, 11:13 PM   #2
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Normal pricing is only going to occur when the Goverment allows companies that are politically connected to the tribe to actually go out of business. We have a bailout economy right now, which means there is too much easy money and a lot of companies are in business that should not be in business if they didn't get bailout bucks. The US Gov is not allowing prices to reach market clearance and instead allows bailouts/theft/money printing/inflation whatever semantic word you wanna use. The USA is actually functioning as a Communist nation from a Mathematical perspective because companies are simply not allowed to fail. That is not capitalism. So when the money printing stops prices go back to normal.
You do realise that high Rolex market pricing is as an ultimate result of global demand far exceeding supply , yes?

Normal pricing isn't going to return simply when the US Treasury stops printing money.

And I do hope you understand what will happen to your economy if that "money printing" stops? You'll have more to worry about than which Rolex to buy from your AD at a discount....
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Old 21 April 2022, 04:46 AM   #3
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What is normal? There really isn't such a static thing. Markets fluctuate based upon supply and demand. When and if wearing a Rolex is no longer cool, watch out, a ton of used watches will hit the used market and supply will greatly exceed demand which means declining prices.
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Old 21 April 2022, 04:48 AM   #4
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Seasonal lull. Normal service will be resumed in the next couple of months.

Now is a time to buy in cheaply if you're after a certain watch. Wouldn't risk waiting on the sidelines watching things drop; the market will move fast when it moves.
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Old 21 April 2022, 04:49 AM   #5
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What is normal is not allowing bailouts to happen. Sense when did governments allow companies to stay afloat with tax payer money? That is communism plain and simple not capitalism. Companies should save for a rainy day, but now companies know that the us tax payer can bail them out. When the government actually allows companies to fail and stops the bailouts. Prices will return to normal and markets will reach equilibrium but this is not occurring. Now more and more companies and even industries propped up by bailouts.
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Old 24 April 2022, 07:02 AM   #6
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If we're asking when will retail and secondary markets converge, there's an easy answer.

When you walk into a store and the cases are full of watches to buy. Not a day before!
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Old 26 April 2022, 08:23 PM   #7
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Originally Posted by hondacb1002 View Post
What is normal is not allowing bailouts to happen. Sense when did governments allow companies to stay afloat with tax payer money? That is communism plain and simple not capitalism. Companies should save for a rainy day, but now companies know that the us tax payer can bail them out. When the government actually allows companies to fail and stops the bailouts. Prices will return to normal and markets will reach equilibrium but this is not occurring. Now more and more companies and even industries propped up by bailouts.
Agree
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Old 21 April 2022, 04:54 AM   #8
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Never. Only when nukes start flying you will see a decrease in prices. Although grey will keep pushing for 2x MSRP minimum while offering you 60% below market price.
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Old 21 April 2022, 04:57 AM   #9
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Simple really. When supply outstrips demand.
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Old 21 April 2022, 05:08 AM   #10
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Simple really. When supply outstrips demand.
so when the bailouts stop? the bailouts allow for this radically increased demand imo. its not like poor ppl are getting bailed out at the same rate the wealthy are. The demand is being fueled by the money printers imo. Without all that easy money via bailouts there isn't all this extra cash for luxury items.
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Old 21 April 2022, 05:13 AM   #11
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so when the bailouts stop? the bailouts allow for this radically increased demand imo. its not like poor ppl are getting bailed out at the same rate the wealthy are. The demand is being fueled by the money printers imo. Without all that easy money via bailouts there isn't all this extra cash for luxury items.
What "bailouts"?

You have not answered my question with respect to the M2
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Old 21 April 2022, 06:51 AM   #12
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so when the bailouts stop? the bailouts allow for this radically increased demand imo. its not like poor ppl are getting bailed out at the same rate the wealthy are. The demand is being fueled by the money printers imo. Without all that easy money via bailouts there isn't all this extra cash for luxury items.
As I said, when supply outstrips demand.

Take the U.K. Where I am for example. Demand is high because those who kept a job, spent less through COVID. As inflation increases and so do bills, disposable income and cheap money will decrease, as will demand.

As the easy money ends, demand will decrease
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Old 21 April 2022, 07:26 AM   #13
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As I said, when supply outstrips demand.
So that’s, basically, never going to happen for Rolex.
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Old 21 April 2022, 08:42 AM   #14
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Someone else is getting a handout and you can't buy a watch at MSRP... Veruca Salt much?

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Originally Posted by hondacb1002 View Post
so when the bailouts stop? the bailouts allow for this radically increased demand imo. its not like poor ppl are getting bailed out at the same rate the wealthy are. The demand is being fueled by the money printers imo. Without all that easy money via bailouts there isn't all this extra cash for luxury items.
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Old 21 April 2022, 05:18 AM   #15
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Old 21 April 2022, 05:21 AM   #16
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Some real 1st world problems here, lol....
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Old 21 April 2022, 05:35 AM   #17
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When Rolex is back to normal pricing, you wouldn't want to buy them any more.
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Old 21 April 2022, 05:45 AM   #18
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beshannon
-Why?

because prices will reach actual market values. instead of the artifical values they are at now from all the bailouts.

-M2 has been growing for the last 25 years. Where are prices going to go back to?

I don't know where prices are going to. However prices are not reaching market clearnace because of the bailouts. Do you disagree with this numerical fact?

-What "bailouts"?

In 2008 there were banking bailouts from the banks giving out so many loans that could never be paid back. Banks were not allowed to fail and the new norm became bailouts. Imagine banks failing at giving out loans, and then being allowed to stay in business. Covid happens and instead of companies being punished for not saving for a rainy day (like an adult) they are propped up by money printing. Prices are not reaching Market Clearance. Instead we have an artificial market that is created with a goverenment handing out money to companies that should not be in business if it were not for the bailout bucks.

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When Rolex is back to normal pricing, you wouldn't want to buy them any more.
very few will be able to afford them. the reason why it is hard to get a rolex for msrp from an ad is because of the easy money, the bailout bucks. that is why there is so much demand, artificial demand from the $
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Old 21 April 2022, 11:15 AM   #19
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beshannon
-Why?

because prices will reach actual market values. instead of the artifical values they are at now from all the bailouts.

-M2 has been growing for the last 25 years. Where are prices going to go back to?

I don't know where prices are going to. However prices are not reaching market clearnace because of the bailouts. Do you disagree with this numerical fact?

-What "bailouts"?

In 2008 there were banking bailouts from the banks giving out so many loans that could never be paid back. Banks were not allowed to fail and the new norm became bailouts. Imagine banks failing at giving out loans, and then being allowed to stay in business. Covid happens and instead of companies being punished for not saving for a rainy day (like an adult) they are propped up by money printing. Prices are not reaching Market Clearance. Instead we have an artificial market that is created with a goverenment handing out money to companies that should not be in business if it were not for the bailout bucks.



very few will be able to afford them. the reason why it is hard to get a rolex for msrp from an ad is because of the easy money, the bailout bucks. that is why there is so much demand, artificial demand from the $
Ah, so 14 years later you are unhappy about what happened and how it affects watch prices now?

Demand is only going higher, wages are increasing, money is too easy all across the world. What is the basis for you to say they demand is artificial?

Try explaining how "bailouts" in the United States are creating demand all across the world?

Good luck to you.
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Old 22 April 2022, 08:09 PM   #20
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When Rolex is back to normal pricing, you wouldn't want to buy them any more.

I know right. I can’t wait to troll the past IG Rolex posts when this happens. ‘bUT YoU CAnT GeT ThEm iN Ads’ - well you can now, when you getting yours!!


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Old 21 April 2022, 06:09 AM   #21
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I honestly think it will get back to normal prices aftermarket. I don’t think this social media craze for Rolex will continue forever.
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Old 21 April 2022, 06:46 AM   #22
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hopefully we will see pricing similar to around 2009 next year. Can't wait to turn down that Pepsi at the AD after securing a 20% discount..
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Old 21 April 2022, 06:51 AM   #23
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hopefully we will see pricing similar to around 2009 next year. Can't wait to turn down that Pepsi at the AD after securing a 20% discount..

Spoken like a true (ever hopeful) Yorkshireman
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Old 21 April 2022, 07:30 AM   #24
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Never going going to happen for Rolex!
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Old 21 April 2022, 07:50 AM   #25
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Rolex probably enjoys some premium over MSRP as it generates significant spillover interest in Tudor, and they've got unlimited demand on the mainline brand while building a very strong reputation for their other product offering.

Compared to most other watches outside of AP/Patek/VC - Tudor's hold their value from MSRP much better than Omega, Longines, Cartier, etc...
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Old 21 April 2022, 08:24 AM   #26
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Old 21 April 2022, 08:36 AM   #27
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Iconic models won't go back to normal pricing, i.e. anywhere close to RRP. However, we might see further corrections in the short term, despite the long term positive trend. Nothing like a crash though.
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Old 21 April 2022, 08:38 AM   #28
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SS daytona will settle around $22k
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Old 21 April 2022, 09:01 AM   #29
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SS daytona will settle around $22k
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Old 21 April 2022, 08:39 AM   #30
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