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Old 23 October 2008, 07:48 AM   #1
casadecamporolex
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New lower gold/platinum prices=new, revised prices?

Will this company reverse the prices on the new product now that the price of platinum has eroded beyond 50% and gold down 25%?
I precarious position at best for Rolex...can they afford to gouge their best clients who tend to grasp financial realities a little better than most.
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Old 23 October 2008, 07:58 AM   #2
scottschoe
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The actual amount of gold in a 'gold' Rolex is negligible compared to the price, so I don't think so.
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Old 23 October 2008, 08:09 AM   #3
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well say they sell 3/4 the amount of Platinum and gold rolexes (at the same prices ) compared to last year then they are making about 8-9% more profit
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Old 24 October 2008, 06:10 AM   #4
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Platinum down 50% ???
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Old 24 October 2008, 06:12 AM   #5
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they do normally say... what goes up must come down... nuhuh not rolex prices
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Old 24 October 2008, 07:51 AM   #6
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you don't know Rolex??

when platinum and gold prices go down, it is just more profits for them.. not price cut for us.. NEVER
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Old 24 October 2008, 08:01 AM   #7
chicagowatchman
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Quote:
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you don't know Rolex??

when platinum and gold prices go down, it is just more profits for them.. not price cut for us.. NEVER
You got that right!
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Old 24 October 2008, 08:54 AM   #8
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Quote:
Originally Posted by casadecamporolex View Post
Will this company reverse the prices on the new product now that the price of platinum has eroded beyond 50% and gold down 25%?
I precarious position at best for Rolex...can they afford to gouge their best clients who tend to grasp financial realities a little better than most.
No - they do not adjust their prices up and down - just up, which is good for all of us. Rolex is one of the safest investments you can make. I would think less of them if they lowered prices.
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Old 24 October 2008, 09:29 AM   #9
cody p
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won't affect pricing. on a diff note, if the economy keeps tanking, i think rolex will maintain their current pricing and just cut down production. the secondary market (used), however, will take a big hit.
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Old 24 October 2008, 11:32 AM   #10
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Quote:
Originally Posted by casadecamporolex View Post
Will this company reverse the prices on the new product now that the price of platinum has eroded beyond 50% and gold down 25%?
I precarious position at best for Rolex...can they afford to gouge their best clients who tend to grasp financial realities a little better than most.
:r ofl:: lol::t wit:
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