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21 March 2020, 11:20 AM | #121 | |
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This is so bad, no one will be buying luxury watches, when everyone they knows i closing their jobs |
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21 March 2020, 11:28 AM | #122 | |
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21 March 2020, 11:28 AM | #123 | |
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This is there for a lot longer than people want to admit. It is not short term |
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21 March 2020, 12:48 PM | #124 | |
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I don’t know what world this forum lives in thinking all these small businesses have stockpiles of cash in their vault to secure themselves through thick and thin over MONTHS timeframe. It’s kind of baffling. |
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21 March 2020, 12:51 PM | #125 | |
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I look at the numbers of my neighbours down south and I am legitimately worried. Stay safe everyone! |
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21 March 2020, 12:53 PM | #126 |
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Literally everyone in here that still believes their stainless steel will be worth a penny over MSRP soon:
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21 March 2020, 01:04 PM | #127 |
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21 March 2020, 01:05 PM | #128 |
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I am not so sure. there are lot of ppl with huge bank accounts. if SSD comes to msrp at 13-14k, they can conceivably but ALL of them and hold the price up. just a thought.
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21 March 2020, 01:08 PM | #129 |
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Do you seriously think the average Rolex buyer is in the 1% with these ‘huge’ bank accounts you speak of? Do people really think owning a simple Rolex watch puts them in the upper echelon? Your normal Rolex owner is also a fairly normal individual. We’re not discussing Patek perpetual calendars.
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21 March 2020, 01:16 PM | #130 |
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I cant speak for others but for me times like this makes me go into saving mode and making cuts. Reality is who would feel good dropping thousands of dollars on a luxury item in times like this.
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21 March 2020, 01:20 PM | #131 |
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21 March 2020, 01:30 PM | #132 |
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Rather than beat each other down, why don’t we support each other and show some compassion. All of us are tense and anxious about the future. No one, and I mean no one knows what is going to happen.
If I may add one thought: They interviewed on tv today, a Dr. of Infectious Diseases at Baylor in Texas. He did speak about the physical attributes of Coronavirus, but brought up the psychological problems which are here now and getting worse. Unless we set up some sort of outpatient psychiatric help, he said the tragedies from this virus could be worse for the mentally ill. Even people without these issues are feeling the strain. He was worried about people unable to take the loneliness and solitude and forecasted more suicides. This segment really hit home with me more than any other interview over the last few days. I have 2 sons that struggle with mental illness, one of them right now is in lots of pain and are working to get him more assistance than he currently gets. I live on the east coast, he lives alone on the west coast. Any of us know that have children which we love, the biggest hurt for a parent is the hurt/pain of their children. We feel so powerless. I had to write this, perhaps I will feel better about things. Thanks for reading. |
21 March 2020, 01:39 PM | #133 | |
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Please take care. I wish you and your family well.
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21 March 2020, 01:41 PM | #134 | |
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You’re confusing the grey dealers - the ones who buy everything up and inflate the price, with “us”, normal Rolex buyers. |
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21 March 2020, 01:52 PM | #135 | |
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I wish you and both of your Sons all the best and I hope that they are able to get the care that they need. |
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21 March 2020, 01:53 PM | #136 |
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1 in 5 now filing for Unemployment.....
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21 March 2020, 02:30 PM | #137 |
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Market is toast. Good thing in this bailout they won't allow stock buybacks.
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21 March 2020, 02:39 PM | #138 | |
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Not sure what the intent of that statement is but I read that as you saying “people with money don’t buy Rolex”. Not a very nice statement to make on a Rolex forum. Enough said. Sent from my iPhone using Tapatalk
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21 March 2020, 02:42 PM | #139 | |
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I’ve seen the challenge of mental health issues in immediate family also. Wish you and your sons the strength and perseverance to overcome these trying times. Sent from my iPhone using Tapatalk
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21 March 2020, 02:57 PM | #140 |
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...Fake news
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21 March 2020, 03:05 PM | #141 |
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You completely misinterpreted what he was saying
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21 March 2020, 03:46 PM | #142 |
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21 March 2020, 04:03 PM | #143 | |
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21 March 2020, 04:11 PM | #144 | |
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It's a luxury item achievable by those who don't have to be millionaires. Regular people aspire to them where as they wouldn't have an idea about the trinity as that domain is beyond aspirational. I don't know if you can get Pateks on 0% finance? Where as you can with a Rolex, if that is any kind of barometer. Not worth getting hung up on perception rather if you like it personally, Nuff said. |
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21 March 2020, 04:15 PM | #145 |
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Agreed. The “ over payers” are setting their own comfort level.
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21 March 2020, 04:23 PM | #146 |
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Submariner
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21 March 2020, 04:26 PM | #147 |
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21 March 2020, 04:46 PM | #148 |
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What about the second hand market! (5 digits)
The bottom going to drop out of that, and new stock could be on the shelf "a long time"! We have seen that, before all the Rolex Hype began! I always wore Rolex as a watch not a status symbol, "look what I've got".
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it's not just about telling the time... happy rolexing... I'm just a man with a passion
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21 March 2020, 04:57 PM | #149 |
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If 5 digit SD returns to 2015 pricing, that’s 100% my next purchase
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21 March 2020, 05:59 PM | #150 |
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The ripple effects of this are logical. Most people can’t afford to go without one paycheque let alone 2, 3 or more. This is unheard of and likely to last at least 6 to 8 weeks or longer and now with just about everything shut down how can one expect to weather this financially without significant help? I’m not panicked I’m just being logical. What’s going on now is driven by fear and anxiety and is almost surreal. It needs to end soon or the already devastating consequences will be dire. China went through this while the globe watched. Now the entire rest of Western Civilization is living it while China watches. Literally all of Europe is shut down and North America is on the brink of doing the same. We are probably a week away from a global meltdown if the tides don’t turn soon. At that point our watches will be worth much less than they are now.
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pandemic , rolex |
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