A UK Friend knows this because he has a banking background.
So anyone who has the same experience will or can relate. On a few points. I
don't have much gold but like to trade watches for gold coins nowadays rather
than money (paper), cuts all the rubbish out.
London Rolex Authorized dealers have already increased it
prices on Gold watches 5-8% so in theory we have had price increases throughout
this year within 6-9 months. Following on, BOE is yet to raise its rates, the
IMF will dry up, eventually. Prime Minister has no obligation to Europe accept
its cousins (Royal descendants, aristocrats) typically as business men would
say after doing you out of a deal! "Its business"
Now David Cameron has jumped ship! Correct Hilary battle axe
will be president and its down hill from there onwards, for those who have
stored up so much New pieces, good if you have the capital but only time will
tell. "The water bed is drying" which is going to force a harsh
decline. I'd rather any 60s-80s YG or WG full gold 14k, 18k watch over a steel
any day. At least scrap value has some value to it and if you paid $7k and was
to scrap as a worst case scenario you'd gain at least 50% against the weight
maybe more to what you paid. But try and do this on today with any of the new
watches it will be like trying to resale a diamond stone and we all know you
always lose 75% of cost unless it’s flawless, same with exceptional time
pieces! However for the average or majority who have thought to invest in newer
and over produced pieces, many may be upset with my comment view and they are
well within their rights to disagree.
Valuable metals is the global currency always has been has
never failed, every countries foundation of economics still believes it to be
viable.
Gold will soon increase to $2,000 very soon.
A UK Big Rolex Gold Watch Collector, 28 June 2016
Anyone who has gold 22k 1oz coins in exchange for GOLD
WATCHES please contact me and l will notify him!
It is a Chaos when the economic is bad, especially the rich
does not want people come to take their food on the plate free… Who knows After
Britain, then France, Italy, and Sooner the Big brother Germany will declare to
leave EU?
Who will be the finial beneficiary!?
US, yes in the role of world Police, Japan? No, They cannot go
back to the tie they were in 80s
Russia and China may tie up into a closer relations to
declare brotherhood, China may export more Super Rail, factory sets-up support to
countries like Philippines, East European, East Africa, Pakistan, South America.
So at that time another generation of Rich Chinese will have
extra money to buy toys…
By 2025 China GDP is same as if no close to USA, become world No.1 economy System,.
How to spend the money for the Middle Class… buying crazy
stuff Like Italian Horse and Bull or luxury watches is a MUST!
As Chinese Rich people like to Show-off… At that time your Submariner 16610LV Flat 4
may be able to reach HK$200,000. The Submariner NOS Ref.116610LV Hulk will be selling
at HK$180,000
A Daytona A series Ref.116520LN will be HK$250,000
The Daytona Ceramic Ref.116500LN will be easily HKD$200,000.
The GMT Master Blue Back will be HK$250,000.
Oh the First generation AP Royal Oak A series will be
HKD$500,000 (sorry I sold off last year for cash already)
How about Ref.18039, 18038, 1803, 1807… all goes up X4 times
as of the value today…
Time will tell….
By the way, by 2025, Norkor has been unified as one Korea, become
one family… One Rich Family.
HK Snob
The above article is purely my personal thoughts about what would happen in 10 years.
No comments:
Post a Comment