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29 June 2022, 06:20 AM | #181 | |
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29 June 2022, 06:23 AM | #182 |
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this thread has officially gone off the rails.
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29 June 2022, 06:31 AM | #183 |
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As has much of the forum to be sure.
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29 June 2022, 07:00 AM | #184 | |
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And there are many different types of money - M1, M2, M3 etc. Money isn't like energy, it doesn't just move around. It can be created and destroyed - after all, it's an entirely human-created concept. |
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29 June 2022, 08:31 AM | #185 |
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29 June 2022, 09:10 AM | #186 |
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My bank called they said they need to margin call my Pateks. Little do they know I pancake flopped my Patek tendies into Nigerian sovereign wealth NFTs and am two air drops away from receiving my first monkey butt stains token. Some people don’t know how to make money in this economy.
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29 June 2022, 10:48 AM | #187 |
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LMaO
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29 June 2022, 01:47 PM | #188 |
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I’m not sure it ever was on the rails. The OP was a scammer, called out, banned, and all his fake listings removed…so…yeah…officially. Thanks to the Mods! Now we’ve busted another one off the train. Sent from my iPhone using Tapatalk Pro
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Does anyone really know what time it is? |
30 June 2022, 07:28 AM | #189 | |
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30 June 2022, 09:02 AM | #190 |
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Moda Group is already warning about previously trustworthy dealers who are deep in debt and unable to deliver.
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30 June 2022, 09:12 AM | #191 |
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yup lol but stupidity doesn't get you far and a lot of them got liquidated. unfortunately they ruined the entire market with them
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30 June 2022, 10:34 AM | #192 |
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Pretty wild the fraud on Moda these days...one of those special LE datejust subs
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30 June 2022, 11:21 AM | #193 |
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Things must be bad for dealers if they can’t sustain a 200 bps bump in thier line of credit capital costs.
On a separate note, I wonder how much demand destruction has happened on Tesla cars that are 100k plus if they start texting customers informing them they can get one tommorw if paid today (presumably another person delayed delivery). Maybe I’ll finally be able to get a 5164! |
30 June 2022, 12:36 PM | #194 | |
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30 June 2022, 11:35 PM | #195 |
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1 July 2022, 01:25 AM | #196 | |
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1 July 2022, 04:56 AM | #197 |
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1 July 2022, 05:15 AM | #198 | |
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Wait that's not a thing !? Oh man.
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♛ ✠ Ω 2FA Active |
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1 July 2022, 06:01 AM | #199 |
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1 July 2022, 06:41 AM | #200 |
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Look, when I see my stock portfolio drop 20% this year alone and signs of a recession coming around the corner, sure....you will reassess that $50k watch purchase.
And I'm not even into crypto or high-risk growth stocks. It put's things in perspective. |
1 July 2022, 09:09 AM | #201 |
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Yes they will - free money is over (for now). Can’t fathom who would consider buying anything above retail at the moment.
Sent from my iPhone using Tapatalk
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1 July 2022, 09:53 AM | #202 |
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A guy that I purchased a Twenty-4 from recently DM'd me asking if I would be interested in a 5711 Turquoise Tiffany for $4 million. I guess one sold for $6.5M so this may be a bargain for someone A LOT wealthier than me
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8 July 2022, 06:28 PM | #203 |
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what's go up, must go down
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10 July 2022, 03:15 AM | #204 |
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Im happy to report I’ve secured my monkey butt stains token but now I have to live in Puerto Rico to avoid paying taxes. It’s hard work out here for a pimp.
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10 July 2022, 04:25 PM | #205 |
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I am laughing all the way to the bank. Speculators will get a lesson about investing in watches !!!😂😂😂
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10 July 2022, 09:16 PM | #206 |
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Watches ain't special, virtually every asset on Earth is dropping in value compared to the U.S. Dollar. If there's a lesson to be learned it's that, at times, being in cash is the only way to preserve wealth. This is one of those times.
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10 July 2022, 11:58 PM | #207 | |
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Sent from my SM-N986U using Tapatalk |
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12 July 2022, 03:12 AM | #208 | |
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Holding onto cash for 100 years will make you lose 90+% of it. meanwhile in the same amount of time, the dowjones has gained ~30-35x, gold has gone up 85x. In the world of investments, you want to hold onto "investments" that are more likely to go up with time. |
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12 July 2022, 09:44 PM | #209 | |
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When the 5711/1a drops 30% from its high and you liquidate enough of your stock portfolio to buy one you're not going to come out ahead if you're portfolio is down 30%, too. |
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12 July 2022, 11:10 PM | #210 |
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I see some of the Patek dress models softening in the secondary market. Some of the independents and Lange seem to remain stable. A lot of it has to do with the fact there are a lot of used Pateks available for sale used given an annual production of 50K watches. The independents and Lange produce far less pieces. The Patek steel stuff just got too crazy and is correcting in a very healthy way for the brand.
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