ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
25 December 2018, 11:45 AM | #31 | |
Banned
Join Date: Dec 2013
Location: TRF
Watch: Rolex & AP
Posts: 1,757
|
Quote:
The stock market is a leading indicator as to the health of our economy and future corporate earnings. Whatever you say though... welcome to the bear market. |
|
25 December 2018, 11:47 AM | #32 | |
2024 Pledge Member
Join Date: Oct 2015
Real Name: Brett
Location: Florida
Watch: 5205R
Posts: 5,160
|
Quote:
__________________
Morality does not derive from consensus. It only comes from one place. Pride goes before destruction, and haughtiness before a fall. Often times unbelief is disguised as wisdom Instagram - patton250 |
|
25 December 2018, 11:49 AM | #33 |
Banned
Join Date: Dec 2013
Location: TRF
Watch: Rolex & AP
Posts: 1,757
|
|
25 December 2018, 11:50 AM | #34 |
2024 Pledge Member
Join Date: Oct 2015
Real Name: Brett
Location: Florida
Watch: 5205R
Posts: 5,160
|
Try watching TCM instead of MSNBC tonight. It will do your heart good.
__________________
Morality does not derive from consensus. It only comes from one place. Pride goes before destruction, and haughtiness before a fall. Often times unbelief is disguised as wisdom Instagram - patton250 |
25 December 2018, 11:51 AM | #35 |
Banned
Join Date: Dec 2013
Location: TRF
Watch: Rolex & AP
Posts: 1,757
|
|
25 December 2018, 11:52 AM | #36 |
2024 Pledge Member
Join Date: Oct 2015
Real Name: Brett
Location: Florida
Watch: 5205R
Posts: 5,160
|
The Bishops Wife is on. It’s wonderful. Merry Christmas.
__________________
Morality does not derive from consensus. It only comes from one place. Pride goes before destruction, and haughtiness before a fall. Often times unbelief is disguised as wisdom Instagram - patton250 |
25 December 2018, 11:53 AM | #37 |
"TRF" Member
Join Date: Dec 2015
Location: PNW
Watch: 116710LN
Posts: 467
|
IMO this is nothing more than a marketing scheme designed to get and sell your personal info to the highest bidder. No thanks!
__________________
116710LN Current 16610 Sold 1675 Gifted |
25 December 2018, 12:16 PM | #38 |
Banned
Join Date: Jul 2011
Location: Oregon
Posts: 5,150
|
MSRP actually went up every year - and sometimes twice a year - until 2012, but that was because China was booming. The aftermarket and gray market didn't look anything like what we're seeing now, and often were a source of discounts. That's because MSRP increases reflected market prices in Asia, and were actually out of step with Western economies. Supply was plentiful on most pieces (except the Daytona); combined with the escalating retail prices, there was no incentive for the gray market to charge above MSRP. When China cooled off in 2012, the West still hadn't caught up, and Rolex had outpriced themselves. Rolex didn't lower prices, but they haven't increased them across the board since that time. Now the situation has flipped: a booming global economy (up to now, at least), 2012 retail prices, and dwindling AD availability. That's the recipe for the high gray and aftermarket prices. Changing one or more of those variables would likely alter the outcome.
|
25 December 2018, 12:17 PM | #39 |
Facilitator
Join Date: Nov 2005
Real Name: Steve
Location: Omnipresent
Posts: 33,593
|
Whatever may the the general trend in the watch market is not a true indicator about the market for Rolex. Rolex is a rule unto itself.
__________________
Most folks are about as happy as they make up their minds to be. ~Abraham Lincoln Nothing compares to the simple pleasure of a bike ride. ~John F. Kennedy ROLEXploitation - yeah I'm a victim |
25 December 2018, 12:49 PM | #40 |
"TRF" Member
Join Date: Nov 2017
Location: Florida
Watch: 5513,Hulk,GMTII
Posts: 364
|
When on Fixed income, the down Market really hurts.
|
25 December 2018, 01:24 PM | #41 |
"TRF" Member
Join Date: Jan 2015
Location: Wherever I am
Watch: where your hand is
Posts: 236
|
A huge part of the stock market gain was due to extremely low interest rates and a massive increase in the money supply. I'm pretty sure those two catalysts also fueled prices in many other classes including collectibles such as watches. Now that the liquidity is slowly being removed, prices are contracting. That will happen across the board, albeit less pronounced. As much as I'd like my 5711 to stay valued near $50K, it's probably not going to happen (unless they discontinue it!).
|
25 December 2018, 02:19 PM | #42 | |
Banned
Join Date: Feb 2008
Location: United States
Posts: 931
|
Quote:
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.