Who’s going to be left holding the bag?

[Harry-57]

I don't bother reading the minds of people I've never met and never will. I buy what I can afford and if something is out of reach I either forget about it and/or buy something else. I have paid a bit over MSRP for two Rolex watches before the used market went ultra bonkers, but all the watches I've bought down the years for a discount cancel that and then some.

Today's grey prices just don't interest me, so I don't waste my time or brain. Anyone who wants to pay that kind of money, or negotiate down from it, is welcome to do so. It's none of my business. If it ever gets more sane in my lifetime, I might get interested again, although I'll always be interested in the wider grey market because I don't only buy Rolex and most brands are well discounted.

The well established greys know what they are doing for the most part. Losses in some areas or slimmer margins are a part of generating overall profit, but they will have been coining it on Rolex for years. The YouTwitFace speculators will probably be burned the most. People like that always are. Nothing new.