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Old 29 August 2020, 03:35 AM   #1
ALF61
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Gray Dealer Prices Higher Across Board

Other threads prompted me to browse a gray dealerīs website who I will not name here. But what I saw is higher prices for Pepsi, D-Blue, and many other references. What is going on ? Think outside the speculative box. Gold is much higher and I have always linked Rolex prices to Gold prices relative. The equity markets are at all time highs. Opinions ?
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Old 29 August 2020, 03:50 AM   #2
fsprow
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Most economies are improving, if slowly. Polls in the US show concern for COVID is decreasing (rationally or not). I don't believe there is a reason for Rolex prices to be correlated with gold prices, but I've not seen the numbers.
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Old 29 August 2020, 03:53 AM   #3
Podmornica
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Buy Pepsi now for $17K before it's $20K next year if you are on the market for one.. These will only go up. Nothing will stop it as already proven by a March market collapse. The higher the inflation, the higher the prices will go as well.
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Old 29 August 2020, 03:56 AM   #4
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I think rising gray prices are in response to or anticipation of the upcoming Rolex product unveiling Sept 1.
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Old 29 August 2020, 03:57 AM   #5
AJMarcus
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It’s a Rolex. What goes up never really comes down. Rolex is just catching price wise with AP. .
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Old 29 August 2020, 04:06 AM   #6
ALF61
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Quote:
Originally Posted by Podmornica View Post
Buy Pepsi now for $17K before it's $20K next year if you are on the market for one.. These will only go up. Nothing will stop it as already proven by a March market collapse. The higher the inflation, the higher the prices will go as well.
If you look around, you canīt buy one for 17K. At least not one in unworn condition. Thatīs the point. And D Blues are over 16K now.
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Old 29 August 2020, 04:15 AM   #7
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Basically the pattern has been greys raise prices every few months unless something major forces them to reverse course, like a black swan - which Covid could have been, so until there is a genuine black swan or two I don't see much changing.
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Old 29 August 2020, 04:31 AM   #8
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My prediction is that Rolex has milked the GMT over the last few years for every last drop and that now is the time for the Sub to rise (from the blue).

I can see prices for all variants reaching insane levels as everyone jumps on the Sub bandwagon.
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