Russia War Scare, Stock Market Correction... which models will be the first to fall?

[Bruse Wayne]

Originally Posted by Time Out

The reality is the rug is going to be pulled out from under everyones feet inlcuding the big boys. Hard to fathom now but when the markets go into free fall and business close up out of nowhere the last thing you'll be looking for is a Rolex at a discount.

The USD printer won’t allow that to happen again

[jaychief]

Have watches... Ever been at this level before ? like I said before watches have become more than watches ???

[HelloMelo]

Originally Posted by Bruse Wayne

The USD printer won’t allow that to happen again

USD printer keeps going and inflation gets out of control. Pick your poison I guess.

[Time Out]

Originally Posted by travisb

Don’t hold your breath. Not gonna happen.

It will happen. It ALWAYS happens. And after it happens, it will happen again and again.

[Onikage]

Originally Posted by Bruse Wayne

The USD printer won’t allow that to happen again

How much a loaf of bread will cost is the question.

[Time Out]

Originally Posted by Bruse Wayne

The USD printer won’t allow that to happen again

We are about to find out really, really soon.

[Bruse Wayne]

Originally Posted by Onikage

How much a loaf of bread will cost is the question.

Well no date subs are already near $20k

[RustyW]

Originally Posted by Time Out

Everyone is all in including the lint. I'm on several forums for cars, boats, houses, etc and everyone is forcasting everyone elses bubble to pop but not theirs.

The reality is the rug is going to be pulled out from under everyones feet inlcuding the big boys. Hard to fathom now but when the markets go into free fall and business close up out of nowhere the last thing you'll be looking for is a Rolex at a discount.

The one thing we learn about history is that we never learn from history.

YEP! Hold on to your nickels and pounce when the time is right.

[Krash]

Originally Posted by HelloMelo

Good or bad for luxury items such as a Rolex?

I haven’t even considered that. I’m just piling on in terms of the bad news. Higher inflation, higher interest rates, and a stock market crash were already inevitable for us. No doubt the housing market is at great risk again too.

Now we have Russia on the move…


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[HelloMelo]

Originally Posted by RustyW

YEP! Hold on to your nickles and pounce when the time is right.

It's a no brainer that most speculative asset classes are in a huge bubble. No one knows when it'll pop though. Can be tomorrow or a decade from now...

[Time Out]

Originally Posted by HelloMelo

It's a no brainer that most speculative asset classes are in a huge bubble. No one knows when it'll pop though. Can be tomorrow or a decade from now...

Consumer spending is already tapering without the interest rate hike. I know in 2018 the Fed wanted to raise interest rates .5% ( going off memory ) and the markets took a nose dive until they backed off. Fed says 1.75% minimum by the end of 2022 and saying that is not near enough. Couple that with war and everything else and its about to get wild.

[HelloMelo]

Originally Posted by Time Out

Consumer spending is already tapering without the interest rate hike. I know in 2018 the Fed wanted to raise interest rates .5% ( going off memory ) and the markets took a nose dive until they backed off. Fed says 1.75% minimum by the end of 2022 and saying that is not near enough. Couple that with war and everything else and its about to get wild.

Agreed. Curious how the grey market is going to react once things start getting real. Rush to the exits?

[Harry-57]

Originally Posted by Time Out

The one thing we learn about history is that we never learn from history.

Sad but true.

[Time Out]

Originally Posted by HelloMelo

Agreed. Curious how the grey market is going to react once things start getting real. Rush to the exits?

Rush to the exits. A couple very smart people I talk to forcast massive deflation but us serfs wont be the ones cashing in or taking advantage ( as much as we think we will ).

[Fjweld]

Seriously, you post this on TRF? In the ROLEX section. There is an open discussion forum btw. Also many dogs, cats and goldfish to adopt if you really need someone to chat with

[nachopc]

Rolex is the new Gold & Dollar


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[EEpro]

Originally Posted by kieselguhr

So the first thing on your mind when a war is looming is Rolex prices?

Right? For me with 3 sons it's not even #4.

OP, most Rolex is safer than dollars. PSA. Gold sucks. I'm sick of it. Wish I had traded it all and never sold a single watch.

[daveswordfish]

Originally Posted by TswaneNguni

Stockmarkets edgy ,people run to alternatives .Rolex is one of them .

Rolex will go up.

Rolex is an alternative to other watches. It’s not an asset class. Really, it’s not.


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[nocaps]

i'll bite. oyster perpetual turquoise.

[HelloMelo]

Originally Posted by nocaps

i'll bite. oyster perpetual turquoise.

That's the obvious #1. What are the others?

[Jshwarms]

Originally Posted by HelloMelo

As the title states, the market has been in a heavy correction with rising interest rates and a looming war in Ukraine.

Hopefully we'll see some softening of prices once Grey's try to undercut each other?

Which model's would be the first to take the biggest blow? Will SS pieces be more resilient than PM pieces?

Bored at work and reading such gloomy news. Can't help but hope that this starts putting pressure on some Grey dealers.

Hopefully your collection and you will need to sell it off to the rest of us

[daveswordfish]

Originally Posted by HelloMelo

As the title states, the market has been in a heavy correction with rising interest rates and a looming war in Ukraine.

Hopefully we'll see some softening of prices once Grey's try to undercut each other?

Which model's would be the first to take the biggest blow? Will SS pieces be more resilient than PM pieces?

Bored at work and reading such gloomy news. Can't help but hope that this starts putting pressure on some Grey dealers.

That’s the first thing I thought of…How will the possible deaths of thousands of innocent civilians, executions of dissidents, and displacement of tens of thousands impact Rolex prices?

Wow


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[HelloMelo]

Originally Posted by Jshwarms

Hopefully your collection and you will need to sell it off to the rest of us

Never ever

[HelloMelo]

Originally Posted by daveswordfish

That’s the first thing I thought of…How will the possible deaths of thousands of innocent civilians, executions of dissidents, and displacement of tens of thousands impact Rolex prices?

Wow


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Relax and don't be so dramatic. This is more of a cold war than an actual war.

[Cryptochonos1]

Originally Posted by HelloMelo

As the title states, the market has been in a heavy correction with rising interest rates and a looming war in Ukraine.

Hopefully we'll see some softening of prices once Grey's try to undercut each other?

Which model's would be the first to take the biggest blow? Will SS pieces be more resilient than PM pieces?

Bored at work and reading such gloomy news. Can't help but hope that this starts putting pressure on some Grey dealers.

I would predict that the models closest in line with Russian clients and dealers such as Ulysses, some AP models etc. would be hit hard due to Sanctions or in the contrary the dealer ms selling them will increase the price by double due to these pressures.

[Cryptochonos1]

Originally Posted by Bruse Wayne

The USD printer won’t allow that to happen again

Loll crank it up

[Onikage]

I personally feel the situation is worthy of consideration and appreciate the exposure to likeminds on the matter. I didn't take the op like that at all,but that's me. *Reply to death calculator above. Damn I need a kybrd for this pos tv

[TexEd]

Originally Posted by dimag333

hopefully your english is just bad and you're not really that big of a tool

+1

[Krash]

Originally Posted by Fjweld

Seriously, you post this on TRF? In the ROLEX section. There is an open discussion forum btw. Also many dogs, cats and goldfish to adopt if you really need someone to chat with

It is germane to Rolex topic matter. I think if it was worded differently, then maybe there wouldn’t be such a reflexive response from some of you.

Perhaps it could have been worded like this:

How will deteriorating economic conditions impact the Rolex marketplace?


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[rolexpatek363]

Originally Posted by daveswordfish

Rolex is an alternative to other watches. It’s not an asset class. Really, it’s not.

Rolex, PP and AP are all going thru the roof.

My Nautilus 5712 has increased by £30,000 per month ($40,760 US per month) since December.

You might not think of it as an asset class, I say you are wrong, and economic downturns do not affect the kind of people who can afford to buy these watches.