View single post by Rhino-Ranch
 Posted: Thu Mar 5th, 2009 04:36 pm
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Rhino-Ranch

 

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 When I first started working in NYC a Rolex Submariner cost $1,450 which was a lot of money in 1987, but not so much no that the same watch is $4,500.  But the same $1,450 invested in INTEL, Microsoft Apple, Yahoo  could have been worth $145,000 if bought and sold at the right time... no one has that "timing" though.

I would think that the expensive Swiss watches have very high mark-up.  And therefore there is room to mark-down as demand and money dries up.  But the manufacturers have very tight control over pricing and supply.  So as demand falls, they don't just flood the market and drive the price of their watch down, they cut production keep a short supply and keep prices high. 

Right now it seems like all markets, commodities, banks, real estate, everything is in a downward spiral. 

If EURO falls apart, and US economy gets moving before Germany and Swiss, then there might be a fluctuation in price favorable to US.  I think that we are at least 6-months away from seeing any significant deals.

But, who knows.  It would be nice to get a good deal on ANONIMO Wayfarer, ORIS TT1, Stowa, possibly Breitling Steelfish.

Jim