Rolex to cut production Oct 22

[Bom]

Found this on another site..... think it's a little iffy.....

[Old Expat Beast]

Obvious fake. Various errors; doesn't even hyphenate his name correctly.

[rambo99]

don't know if this is true, but looks like a logical move.

[Rollieo]

I’m sympathetic to what is going on in Europe, and I see it being a hard winter for those especially in Germany. Cold winters without gas supply (or gas supplies at crazy high prices).

With that said, I don’t see any other commercial entity raising their hand to cut their usage. Companies are also being prioritized above residential energy needs.


Fact of the matter is that watch demand is going down, Rolex is anticipating a recession, and they’re bracing for a situation like 2008. Most watch manufacturers had overstocked ADs that couldn’t sell through, and revenue from watch manufacturers plummeted, and overstocked ADs were forced to heavily discount to move anything.

It’s smart on Rolexes part - better to throttle supply to match demand and hopefully keep supply below demand, maintaining exclusivity and market value of their watches.

Real or not, I don’t see why they don’t slow down.

[PBJ1925]

Not sure I'm buying that 50% reduction (or if that letter is even genuine), but it certainly could be plausible in the entire country having to scale back in some form or fashion.

There seems to be genuine concern of an energy shortage in the winter from various articles on the net.

Here's one for reference:

https://www.swissinfo.ch/eng/switzer...runch/47893144

[Sean90]

The letter is clearly a fake. But the situation mentioned is plausible. Swiss compagnies have been asked to prepare emergency plans to reduce energy consumption if required. (10% less, 20% less, ect...)
So production slow down may occur.
Fortunately, Rolex factories are not in the mountains where winter is very harsh. Not the same for AP, JLC, Zenith, Cartier ...
Hope winter is not coming to fast this year.

[GradyPhilpott]

It's not implausible. Switzerland gets all it's natural gas from Germany and Germany is up Schitz Creek without a paddle, which they'd probably burn for heat, if they had one.

[inadeje]

Originally Posted by GradyPhilpott

It's not implausible. Switzerland gets all it's natural gas from Germany and Germany is up Schitz Creek without a paddle, which they'd probably burn for heat, if they had one.

Brilliant analysis, that drew a chuckle

[minute_man]

Originally Posted by Bom

Found this on another site..... think it's a little iffy.....

To say the least...

Utter bollocks. Anything to stimulate fomo and revive the hype

[TimeAZ]

Fake, and laughably bad. Glad the "Federal council" (???) Is so conscientious. Next time I'm in Switzerland I'll be sure to set my calendar to the American format of October 17, 2022 rather than 17 October. Oh and I'm sure they would take a political angle talking about Russia invading Ukraine.

[Breizh]

Originally Posted by TimeAZ

Fake, and laughably bad. Glad the "Federal council" (???) Is so conscientious. Next time I'm in Switzerland I'll be sure to set my calendar to the American format of October 17, 2022 rather than 17 October. Oh and I'm sure they would take a political angle talking about Russia invading Ukraine.

We can also add the misspleling of "Meileures salutations"

[Alpino]

Originally Posted by Breizh

We can also add the misspleling of "Meileures salutations"

Which should be "Meilleures salutations" preferably

[garyk]

Originally Posted by TimeAZ

Fake, and laughably bad. Glad the "Federal council" (???) Is so conscientious. Next time I'm in Switzerland I'll be sure to set my calendar to the American format of October 17, 2022 rather than 17 October. Oh and I'm sure they would take a political angle talking about Russia invading Ukraine.

This!!

[101031-28]

Originally Posted by TimeAZ

Fake, and laughably bad. Glad the "Federal council" (???) Is so conscientious. Next time I'm in Switzerland I'll be sure to set my calendar to the American format of October 17, 2022 rather than 17 October. Oh and I'm sure they would take a political angle talking about Russia invading Ukraine.

My thoughts, precisely.

[Mendota]

Originally Posted by TimeAZ

Fake, and laughably bad. Glad the "Federal council" (???) Is so conscientious. Next time I'm in Switzerland I'll be sure to set my calendar to the American format of October 17, 2022 rather than 17 October. Oh and I'm sure they would take a political angle talking about Russia invading Ukraine.

Ha ha, agreed. Rookie mistake. Also, look at the signature. If you notice, it is a PDF image that has been cut and pasted as a layer on top of the doc but the background colors of the two layers are slightly different so you can see the outline of the image box corners. So badly done... they didn't even enlarge the doc and then go in with the eraser tool to remove all of the edges and then hope the reader wouldn't notice the slight coloration differences.

[The Stifmeister]

Originally Posted by Mendota

Ha ha, agreed. Rookie mistake. Also, look at the signature. If you notice, it is a PDF image that has been cut and pasted as a layer on top of the doc but the background colors of the two layers are slightly different so you can see the outline of the image box corners. So badly done... they didn't even enlarge the doc and then go in with the eraser tool to remove all of the edges and then hope the reader wouldn't notice the slight coloration differences.

+1

Not sure why everyone is still questioning the validity. That signature gives it away.

[htc8p]

on a side note. for those who can work remotely, why not go somewhere for the winter?

[gmtmister]

This is so fake it’s not even funny. Amazed how people can fall for stuff like this.

[padi56]

Originally Posted by Ale

This is so fake it’s not even funny. Amazed how people can fall for stuff like this.

Well today common sense is sadly lacking by many today and many of the newer younger Rolex owners there physical world is what ever so called social media or the likes of YouTube dictates,as many have lost the use of there brains to think for themselves. And rely on the like of YouTube and the likes and believe every thing they read or see there,then repeat it like parrots around the net.

[Doric]

Originally Posted by padi56

Well today common sense is sadly lacking by many today and many of the newer younger Rolex owners there physical world is what ever so called social media or the likes of YouTube dictates,as many have lost the use of there brains to think for themselves. And rely on the like of YouTube and the likes and believe every thing they read or see there,then repeat it like parrots around the net.

Padi - if you are going to question the intellect of younger Rolex owners, then it might wise to improve your English…..

There - as in ‘over there’
Their - as in ‘belonging to them’
They’re - abbreviation of ‘they are’

[RichardBartlett]

Originally Posted by Doric

Padi - if you are going to question the intellect of younger Rolex owners, then it might wise to improve your English…..

There - as in ‘over there’
Their - as in ‘belonging to them’
They’re - abbreviation of ‘they are’

Witch one should he have used?

[Calatrava r]

Originally Posted by Doric

Padi - if you are going to question the intellect of younger Rolex owners, then it might wise to improve your English…..

There - as in ‘over there’
Their - as in ‘belonging to them’
They’re - abbreviation of ‘they are’

That should be "might be wise".

[ResidencyEvil]

Originally Posted by Calatrava r

That should be "might be wise".

The period goes inside the quotation mark.

[mountainjogger]

Originally Posted by Calatrava r

That should be "might be wise".

Agree. If you are going to thrown stones. . .

[cryptowalkway]

Originally Posted by padi56

Well today common sense is sadly lacking by many today and many of the newer younger Rolex owners there physical world is what ever so called social media or the likes of YouTube dictates,as many have lost the use of there brains to think for themselves. And rely on the like of YouTube and the likes and believe every thing they read or see there,then repeat it like parrots around the net.

Rolex watches today are nothing more than money and investments mwahahaha

[daveswordfish]

So, this is what it’s based on. There is a Federal Council, and they have called for reductions. Still not believing the letter, but…

https://www.swissinfo.ch/eng/switzer...y-15-/47850440


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[nickscaps]

Originally Posted by daveswordfish

So, this is what it’s based on. There is a Federal Council, and they have called for reductions. Still not believing the letter, but…

https://www.swissinfo.ch/eng/switzer...y-15-/47850440


Sent from my iPhone using Tapatalk

That is correct, Switzerland is cutting its consumption of energy during the winter months - a very good friend of mine is lucky enough to be doing research at CERN and she confirmed that they are shutting down the LHC after the fall campaign in order to conserve energy (they use more power than all of Geneva - running a particle accelerator 27km in diameter takes a lot of energy, who knew)! As for the letter itself - very very fake.

[Dhiren]

Desperate move by even more desperate flippers or grey market dealers sitting on tons of unsold paid for inventory.


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[WILLIWALKER]

Originally Posted by Dhiren

Desperate move by even more desperate flippers or grey market dealers sitting on tons of unsold paid for inventory.


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You're reading my mind !!

[vh2k]

Originally Posted by Dhiren

Desperate move by even more desperate flippers or grey market dealers sitting on tons of unsold paid for inventory.

Obvious fake letter designed to scare people into thinking prices *may* go up -- when, in fact, secondary prices have been consistently dropping for seven consecutive months. Prices still falling. Smart collectors won't be fooled.