Rolex Datejusts are available ...

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My AD explicitly told me earlier the year that Rolex has been strategically prioritising distribution in North Americas this year. Makes sense as during rates hikes, the rate spikes help strengthen US dollars which means they’d yield better relative returns.

Following the succession of Xi in Mainland China and the complete destruction of HK, the secondary market for Rollie has already started to collapse as we see significant reduction in premium listed in mainland China. The major speculation is typically triggered by the Chinese markets and they are not reverting given the ruthless 0-COVID policy China is continuing.

Also the continuous massive QE in advanced economies and potential continuation of QE in euro area and sticky inflation and lack of consumer confidence for the foreseeable future, the market imbalance of supply and demand will eventually neutralise across the globe. We will see prices start to normalise in the coming months/years for sure, needless to say the ramp up in their production.

So, whatever is happening now, I’d be patiently waiting for the desirable models as the waiting time will only be shortened from this point onwards. There’s much more to focus on for lives than watches.