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Old 20 March 2008, 09:44 AM   #31
Jmca1
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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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Old 20 March 2008, 10:01 AM   #32
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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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Old 20 March 2008, 10:15 AM   #33
Gaijin
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Gold prices took a huge dump today!
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Old 20 March 2008, 10:17 AM   #34
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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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Old 20 March 2008, 10:20 AM   #35
cmr
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1 troy oz of 24k at 1,000.00 would be 35.27 per gram of 18k. rolex has no reason what so ever to raise the price on any of their watches containing any 18k at their pre u s increase price. since they are smelting their own gold they aren't paying market value for pure 24k gold. you cannot use current gold prices on the stock market to try and figure their cost no more than you can use the price of 1 gallon of gasoline to figure the price of 1 barrel of oil. you also have to subtract the price of the 904 ss from the price of the watch since those pieces are being replaced by 18k.

they are simply trying to figure what the market will withstand. if you go to peru all gold items are bought and sold by the weight. no matter what the piece is. a watch, chains or a ring are all sold by the gram and not by the style. i don't know about europe but in america they will do anything in their power to keep from talking to you about that when buying gold items because they are well aware they can't justify the price they are trying to charge if it is broke down like that.

there are no rolex ad's in peru or we would know exactly how much gold is in each particular watch. since the spanish took all of peru's gold hundreds of years ago it is a very touchy subject there. a gold deal gone bad there will get you killed faster than a drug deal gone bad in okland california. lol
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Old 20 March 2008, 10:27 AM   #36
BuffaloRolex
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Sounds to me like good ole fashioned scare tactics...
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Old 20 March 2008, 11:03 AM   #37
llamaofdoom
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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.
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Old 20 March 2008, 09:07 PM   #38
fwellers
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Quote:
Originally Posted by frostie View Post


Rolex watches are not that cheap my friend

I paid 8588$ to obtain mine
Yea, but do you have "equity" ?

You know, you need at least 20% equity in it before the bank will give you a mortgage on it now a days ?
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Old 20 March 2008, 09:10 PM   #39
exchange83
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i hope not. especially in the US with the economy in flux.
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Old 20 March 2008, 09:28 PM   #40
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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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