ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Kostas · 28 July 2020, 01:35 PM

hitting new heights.

Cdaddylutz · 28 July 2020, 02:31 PM

I would take this over ANY stainless steel over rated piece. Nice watch!

Psmith · 28 July 2020, 02:41 PM

Very nice

enjoythemusic · 28 July 2020, 10:02 PM

i'll take the 'opposing view', look at the all the world's central bank currencies (Dollar, Euro, Yen, Pound, etc) becoming less valuable. Product pricing in said currencies continue to increase (or you get less product per package) while worker's pay remains relatively flat.

The normal 2% annual devaluation (aka inflation) is ramping up / higher.

It's bad enough there's zero price stability for many decades; since users of said currency lose ~50% of a currency's buying power every 20 years, it's now seem to be getting worse as devaluation is accelerating during 2020 :(

And, perhaps, this is why people are buying things like gold, silver, rare art, mechancial timepieces, etc in hopes of having a 'store of value' to avoid the constant, and increasing, currency devaluation.

pickettt · 28 July 2020, 11:28 PM

Quote:

Originally Posted by enjoythemusic

i'll take the 'opposing view', look at the all the world's central bank currencies (Dollar, Euro, Yen, Pound, etc) becoming less valuable. Product pricing in said currencies continue to increase (or you get less product per package) while worker's pay remains relatively flat.

The normal 2% annual devaluation (aka inflation) is ramping up / higher.

It's bad enough there's zero price stability for many decades; since users of said currency lose ~50% of a currency's buying power every 20 years, it's now seem to be getting worse as devaluation is accelerating during 2020 :(

And, perhaps, this is why people are buying things like gold, silver, rare art, mechancial timepieces, etc in hopes of having a 'store of value' to avoid the constant, and increasing, currency devaluation.

That didn’t seem so “opposing” to me.

Duey · 29 July 2020, 12:28 AM

It's almost back to where it was in Jan 1980

Drdubzz · 29 July 2020, 01:05 AM

I bought two ounces in April and May, lookin pretty good right now.

Same for my silver

Jacqueline · 29 July 2020, 02:07 AM

Mene has some stuff that is in this thought

replicator · 29 July 2020, 02:40 AM

Gold looks to surely cross over $2k USD. My guess is this is just the start of the move up.

Apparently getting difficult to locate physical for delivery, so will be interesting to see what happens to gold Rolex prices if this trend keeps up.

Drdubzz · 29 July 2020, 03:55 AM

Quote:

Originally Posted by Jacqueline

Mene has some stuff that is in this thought

I just ordered a platinum wedding band from them, crazy to get pure platinum for under 500 when the nearest haughty jewelry store's similar platinum ring was 1200

Fredrik · 29 July 2020, 05:41 AM

The USD is tanking, this a big part of the increase in gold price you see.

Bigblu10 · 29 July 2020, 07:12 AM

Guh, guh, guh.....GOLDDDDDDD!!!!!!!!!!!!!!

Sent from my SM-N960U using Tapatalk

jltait · 29 July 2020, 07:45 AM

Quote:

Originally Posted by Jacqueline

Mene has some stuff that is in this thought

Yes, I’ve heard of them! Very cool concept and products. Wish they had some more manly pieces though, like a 24k Cuban link.

Drdubzz · 29 July 2020, 10:50 AM

Quote:

Originally Posted by Fredrik

The USD is tanking, this a big part of the increase in gold price you see.

yep, gold's value never changes, but the dollar's certainly does

pickettt · 29 July 2020, 10:55 AM

Quote:

Originally Posted by Drdubzz

yep, gold's value never changes, but the dollar's certainly does

Can’t describe it any better than that.

sokoloka · 29 July 2020, 11:16 AM

Wait, what was the question? :)

Kostas · 29 July 2020, 11:34 AM

Nice AP!

I've still got a few of these blocks, bit scratched up; I new i shouldnt have let the kids play Jenga with them :)

Flyinghunter · 29 July 2020, 11:36 AM

Been wondering if now is the time to sell? The old buy low, sell high adage...

SunTzu · 29 July 2020, 11:46 AM

A little sampling of “My Precious.”

Good as gold. The golden rule. Throne of gold. The most mesmerizing metal. Silver is prominent in my hoard.

Been buying on and off for a couple decades. I’m like a squirrel. Got it in all nooks and crannies,

I also diversify with some key date numismatics.

Sent from Crapatalk

SunTzu · 29 July 2020, 11:54 AM

Quote:

Originally Posted by Drdubzz

yep, gold's value never changes, but the dollar's certainly does

In 1970 you could buy an average priced car for $3,542 with 91 ounces of gold ($38.90).

In 2019 you can again buy an average priced car, this time for $37,185 but with only 26 ounces of gold ($1,392.60).

Superavengerlyons · 29 July 2020, 04:54 PM

Quote:

Originally Posted by SunTzu

In 1970 you could buy an average priced car for $3,542 with 91 ounces of gold ($38.90).

In 2019 you can again buy an average priced car, this time for $37,185 but with only 26 ounces of gold ($1,392.60).

NOW $1968/oz

Runnin' Rebel · 29 July 2020, 07:38 PM

Silver on a tear

Gold not to bad either

28 July numbers- I live in the Silver State so that’s my gravitation to Silver

Need only oil to go back to US 120 a barrel..might be a long wait.

mrricks · 30 July 2020, 12:19 AM

Had been buying for decades. Stopped in 2008 when it hit $800.00.

Sent from my iPad using Tapatalk

Superavengerlyons · 31 July 2020, 04:36 PM

Quote:

Originally Posted by mrricks

Had been buying for decades. Stopped in 2008 when it hit $800.00.

Sent from my iPad using Tapatalk

Amazing! I have around 900 oz of silver that's bulkey AF.

But, here's some gooooolllddd

Sent from my SM-G988U using Tapatalk

enjoythemusic · 31 July 2020, 10:43 PM

Quote:

Originally Posted by Superavengerlyons

i'll offer you $100 for that $50 gold coin :)

pickettt · 31 July 2020, 11:03 PM

Quote:

Originally Posted by Superavengerlyons

Amazing! I have around 900 oz of silver that's bulkey AF.

But, here's some gooooolllddd

Sent from my SM-G988U using Tapatalk

Which Australian Lunar do you have there?

RW16610 · 31 July 2020, 11:11 PM

Very nice!

Bassplayer · 1 August 2020, 02:09 AM

Hopefully, we hover where we are at for a little while. Never good to go straight up. Some are calling for $4500 gold. If that happens, where does silver end up?

I can see gold near $2,300+ by end of year.

Could be a lot of silver millionaires in the not too distant future...

enjoythemusic · 1 August 2020, 06:08 AM

True, yet I have trillions in Zimbabwe money. US Dollar heading that way, so guess it depends on what $4500 USD buys. I remember when a candy bar was 20 cents, McD happy meal was less than a buck. Homes were........ you get the idea.

If the stock market goes up 333%, yet the underlining currency has only 1/3rd the value it once was... did you 'make profit'? This is something that 'trips up' newbies about market 'valuation' and how the market "goes up" in face of declining currency valuation.

Chewbacca · 1 August 2020, 06:15 AM

Can’t read the title without Seinfeld voice.

28 July 2020, 01:35 PM	#1
Kostas 2024 ROLEX DATEJUST41 Pledge Member Join Date: Jul 2016 Location: Australia Watch: @ kostastimepieces Posts: 5,239	How about the price of GOLD hitting new heights.

28 July 2020, 02:41 PM	#3
Psmith "TRF" Member Join Date: Sep 2008 Real Name: Clive Location: Exoplanet Watch: spring-driven Posts: 38,856	Very nice __________________

28 July 2020, 10:02 PM	#4
enjoythemusic 2024 Pledge Member Join Date: Nov 2012 Real Name: Steven Location: Glocal Posts: 19,403	i'll take the 'opposing view', look at the all the world's central bank currencies (Dollar, Euro, Yen, Pound, etc) becoming less valuable. Product pricing in said currencies continue to increase (or you get less product per package) while worker's pay remains relatively flat. The normal 2% annual devaluation (aka inflation) is ramping up / higher. It's bad enough there's zero price stability for many decades; since users of said currency lose ~50% of a currency's buying power every 20 years, it's now seem to be getting worse as devaluation is accelerating during 2020 :( And, perhaps, this is why people are buying things like gold, silver, rare art, mechancial timepieces, etc in hopes of having a 'store of value' to avoid the constant, and increasing, currency devaluation. __________________ __________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory.

29 July 2020, 01:05 AM	#7
Drdubzz "TRF" Member Join Date: Jul 2019 Real Name: Tim Location: NoVA Watch: BB58, BB36 Posts: 93	I bought two ounces in April and May, lookin pretty good right now. Same for my silver __________________ IG @watches_mostly

29 July 2020, 11:16 AM	#16
sokoloka "TRF" Member Join Date: Oct 2017 Real Name: Eric Location: San Diego Watch: Audemars Piguet Posts: 1,547	Wait, what was the question? :) __________________ Instagram: @rough.af

28 July 2020, 02:31 PM	#2
Cdaddylutz "TRF" Member Join Date: Apr 2019 Location: USA Watch: N/A Posts: 249	I would take this over ANY stainless steel over rated piece. Nice watch!

29 July 2020, 12:28 AM	#6
Duey 2024 Pledge Member Join Date: May 2011 Real Name: Duey Location: Maui Watch: Too Many To List Posts: 3,575	It's almost back to where it was in Jan 1980

29 July 2020, 02:07 AM	#8
Jacqueline "TRF" Member Join Date: Jan 2019 Location: Tn Posts: 24	Mene has some stuff that is in this thought

29 July 2020, 02:40 AM	#9
replicator "TRF" Member Join Date: Sep 2012 Location: Canada Watch: Rolex/AP Posts: 341	Gold looks to surely cross over $2k USD. My guess is this is just the start of the move up. Apparently getting difficult to locate physical for delivery, so will be interesting to see what happens to gold Rolex prices if this trend keeps up.

29 July 2020, 05:41 AM	#11
Fredrik 2024 Pledge Member Join Date: Oct 2011 Location: Sweden Watch: 1680 Posts: 1,825	The USD is tanking, this a big part of the increase in gold price you see.

29 July 2020, 07:12 AM	#12
Bigblu10 Banned Join Date: Jul 2017 Real Name: Jaime Location: Here Posts: 5,606	Guh, guh, guh.....GOLDDDDDDD!!!!!!!!!!!!!! Sent from my SM-N960U using Tapatalk

29 July 2020, 11:34 AM	#17
Kostas 2024 ROLEX DATEJUST41 Pledge Member Join Date: Jul 2016 Location: Australia Watch: @ kostastimepieces Posts: 5,239	Nice AP! I've still got a few of these blocks, bit scratched up; I new i shouldnt have let the kids play Jenga with them :)

29 July 2020, 11:36 AM	#18
Flyinghunter "TRF" Member Join Date: Nov 2017 Location: South Posts: 342	Been wondering if now is the time to sell? The old buy low, sell high adage...

29 July 2020, 11:46 AM	#19
SunTzu "TRF" Member Join Date: Jan 2019 Location: NJ Watch: 5513 116234 79280P Posts: 2,144	How about the price of GOLD A little sampling of “My Precious.” Good as gold. The golden rule. Throne of gold. The most mesmerizing metal. Silver is prominent in my hoard. Been buying on and off for a couple decades. I’m like a squirrel. Got it in all nooks and crannies, I also diversify with some key date numismatics. Sent from Crapatalk __________________ The wristwatch is an intimate accessory. The best watches live in harmony and interact with the wearer, and their functions offer a reassuring and emotionally satisfying bond - Kintaro Hattori

29 July 2020, 07:38 PM	#22
Runnin' Rebel "TRF" Member Join Date: Jan 2010 Real Name: Mark Location: 🤔 Posts: 8,424	How about the price of GOLD Silver on a tear Gold not to bad either 28 July numbers- I live in the Silver State so that’s my gravitation to Silver Need only oil to go back to US 120 a barrel..might be a long wait. __________________ ♛

30 July 2020, 12:19 AM	#23
mrricks "TRF" Member Join Date: Mar 2016 Location: Abu Dhabi, UAE/AZ Watch: Yachtmaster Posts: 670	Had been buying for decades. Stopped in 2008 when it hit $800.00. Sent from my iPad using Tapatalk __________________ 116622 1680, 16233, 113400 retired

31 July 2020, 11:11 PM	#27
RW16610 2024 Pledge Member Join Date: Apr 2008 Real Name: Rommel Location: Toronto Canada Watch: 116710LN Posts: 8,963	Very nice!

1 August 2020, 02:09 AM	#28
Bassplayer "TRF" Member Join Date: May 2008 Location: CA Watch: Wife says too many Posts: 346	Hopefully, we hover where we are at for a little while. Never good to go straight up. Some are calling for $4500 gold. If that happens, where does silver end up? I can see gold near $2,300+ by end of year. Could be a lot of silver millionaires in the not too distant future... __________________ ------------------------------------------------------ " I prefer to drink; not drive " John Alec Entwistle

1 August 2020, 06:08 AM	#29
enjoythemusic 2024 Pledge Member Join Date: Nov 2012 Real Name: Steven Location: Glocal Posts: 19,403	True, yet I have trillions in Zimbabwe money. US Dollar heading that way, so guess it depends on what $4500 USD buys. I remember when a candy bar was 20 cents, McD happy meal was less than a buck. Homes were........ you get the idea. If the stock market goes up 333%, yet the underlining currency has only 1/3rd the value it once was... did you 'make profit'? This is something that 'trips up' newbies about market 'valuation' and how the market "goes up" in face of declining currency valuation. __________________ __________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory.

1 August 2020, 06:15 AM	#30
Chewbacca Banned Join Date: May 2012 Real Name: CJ Location: Kashyyyk Watch: Kessel Run Chrono Posts: 21,113	Can’t read the title without Seinfeld voice.

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