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11 April 2024, 11:06 PM
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#1 |
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"TRF" Member
Join Date: May 2008
Location: Cleveland
Watch: Tudor GMT
Posts: 275
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ZeroHedge - Will The Used Rolex Price Bottom Hold With Fed Pivot 'Likely' Delayed?
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Current: - 16622, 198078, & Tudor GMT Past: - Sub SS & Sub TT w/ Serti |
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11 April 2024, 11:07 PM
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#2 |
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"TRF" Member
Join Date: Aug 2022
Location: USA
Posts: 273
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Glad I don't have to worry about it either way
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11 April 2024, 11:14 PM
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#3 |
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2024 Pledge Member
Join Date: Dec 2006
Real Name: D'OH!
Location: Kentucky
Watch: Rolex-1 Tudor-3
Posts: 35,791
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If I like a watch, I buy it. If not, I don't. It never gets more complicated than that.
dP
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TRF Member# 1668 Bass Player in TRF "AFTER DARK" Bar & NightClub Band  Commander-in-Chief of The Nylon Nation  The Crown & Shield Club Honorary Member of P-Club |
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11 April 2024, 11:18 PM
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#4 |
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"TRF" Member
Join Date: Feb 2021
Location: NY
Posts: 709
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If I knew that I wouldn't have to worry about watch prices
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11 April 2024, 11:21 PM
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#5 |
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2024 ROLEX DATEJUST41 Pledge Member
Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 40,821
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ZeroHedge - Will The Used Rolex Price Bottom Hold With Fed Pivot 'Likely' Delayed?
For folks awaiting the "bottom" to buy on the secondary market...
I think back to something Warren Buffett once said, “The only value of stock forecasters is to make fortune-tellers look good.”  ...It all comes down to human psychology and the relationship between the demand for watches, the markets, and volatility. I think volatility has moderated but we haven't seen the bottom yet. Sent from my iPhone using Tapatalk Pro
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Does anyone really know what time it is? |
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11 April 2024, 11:43 PM
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#6 |
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2024 Pledge Member
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 10,643
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Retail prices are set by Rolex. Used watch prices are simply a reflection of supply and demand.
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11 April 2024, 11:49 PM
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#7 |
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"TRF" Member
Join Date: Mar 2010
Location: USA
Posts: 108
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The commodities market does not have a direct and repeatable correlation with fed funds rate. And as aforementioned by 77T, predicting the markets is often a fool’s game with no repeatable success. Who knows what will happen but if I am a betting man I would bet that interest rates, treasury yields have little to do with Rolex prices on the secondary market.
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11 April 2024, 11:55 PM
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#8 |
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"TRF" Member
Join Date: Jan 2024
Location: Beverly Hills
Posts: 24
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11 April 2024, 11:55 PM
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#9 | |
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2024 Pledge Member
Join Date: Jul 2006
Location: SLC, Utah USA
Posts: 818
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Quote:
Well said Dan.
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"What you do or do not do in life will determine what you do or not do in life..." me. |
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12 April 2024, 12:10 AM
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#10 | |
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"TRF" Member
Join Date: May 2008
Location: Cleveland
Watch: Tudor GMT
Posts: 275
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Quote:
__________________
Current: - 16622, 198078, & Tudor GMT Past: - Sub SS & Sub TT w/ Serti |
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12 April 2024, 12:11 AM
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#11 |
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"TRF" Member
Join Date: May 2008
Location: Cleveland
Watch: Tudor GMT
Posts: 275
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Agreed with all. Im just glad to see the COVID bucks mania shopping spree come to an end.
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Current: - 16622, 198078, & Tudor GMT Past: - Sub SS & Sub TT w/ Serti |
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12 April 2024, 12:32 AM
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#12 | |
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"TRF" Member
Join Date: Mar 2018
Location: Texas
Watch: 116500LN
Posts: 538
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Quote:
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♛116500LN |
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12 April 2024, 12:35 AM
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#13 | ||
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2024 Pledge Member
Join Date: Dec 2006
Real Name: D'OH!
Location: Kentucky
Watch: Rolex-1 Tudor-3
Posts: 35,791
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Quote:
Quote:
Love that avatar.  dP
__________________
TRF Member# 1668 Bass Player in TRF "AFTER DARK" Bar & NightClub Band Commander-in-Chief of The Nylon Nation The Crown & Shield Club Honorary Member of P-Club |
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12 April 2024, 12:36 AM
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#14 | |
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"TRF" Member
Join Date: Dec 2019
Location: Boston
Posts: 1,228
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Quote:
There is a LOT of liquidity out in the world right now. Secondary prices will move up and down in a range, but people who pay cash for watches are abundant so demand will prices up…until it doesn’t LOL |
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12 April 2024, 03:06 AM
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#15 |
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Banned
Join Date: Dec 2023
Location: Chicago
Posts: 62
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Covid BUX are disappearing and most consumers are spent up. I don't expect the secondary market to free fall. More are interested in watches right now than at any other time in history so that will play into pricing going forward. Most watches at this point are at MSRP or just above it. There is room for more downward pressure but not much.
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