Rolex production levels : Switzerland

[Robf52]

Originally Posted by BroncoOne

It’s every product, not just watches.

It took me 2months to get an expensive sub zero fridge that I had to pay in full for when I ordered it.

Try buying lumber or a boat.

First world problems, no doubt. I've got the watch bug as bad as anyone, but we need to remember these are merely shiny objects. Bigger issues in this world to get worked up about.

[GoingPlaces]

Rolex inventory was already going to be tight in 2021, now just tighter. The frenzy continues.

[Patton250]

Originally Posted by Robf52

First world problems, no doubt. I've got the watch bug as bad as anyone, but we need to remember these are merely shiny objects. Bigger issues in this world to get worked up about.

First world problems? You do realize when capitalism slows down due to closers, for any product, it affects millions upon millions of people financially in a massive way and these people don’t have substantial portfolios like many on this forum. No, this is about a lot more then shiny objects.

[mrockperez]

Originally Posted by padi56

IMHO much more important things to worry about at the moment than production of watches.

I completely agree, I’m hopeful this vaccine will help bring these numbers down

[Robf52]

Originally Posted by Patton250

First world problems? You do realize when capitalism slows down due to closers, for any product, it affects millions upon millions of people financially in a massive way and these people don’t have substantial portfolios like many on this forum. No, this is about a lot more then shiny objects.

Yes, when complaining about lead times for sub Zeros and boats, those are first world problems. Watches are mere physical objects that are a lot less important than the current pandemic and world state of affairs. It has nothing to do with capitalism, which I fully endorse and participate in.

[Patton250]

Originally Posted by Robf52

Yes, when complaining about lead times for sub Zeros and boats, those are first world problems. Watches are mere physical objects that are a lot less important than the current pandemic and world state of affairs. It has nothing to do with capitalism, which I fully endorse and participate in.

The reason why these freezers and boats are difficult to get this because these people are out of work because of closures. These first world products, many of which are used in Third World countries as well, are built and made by human beings that need to make a living for their family. As I said before it’s quite serious. After all being put on furlough or worse unemployment from a range rover factory or a watch factory is no different than some poor guys restaurant being closed down.

[Robf52]

Originally Posted by Patton250

The reason why these freezers and boats are difficult to get this because these people are out of work because of closures. These first world products, many of which are used in Third World countries as well, are built and made by human beings that need to make a living for their family. As I said before it’s quite serious. After all being put on furlough or worse unemployment from a range rover factory or a watch factory is no different than some poor guys restaurant being closed down.

I have no idea what you're talking about or the point you are trying to make.

[garyk]

Originally Posted by Harry-57

For a moment I thought you meant watch cases.

Me too

[sgwatchguy]

Originally Posted by Chester01

I think it’s more than corrupt AD. Reality is people have been spending less and less in jewelry and the gap between those that can and can’t afford jewelry and watches is larger than ever and AD’s are competing for an ever smaller slice of the population that can afford such luxuries. People misunderstand economics and like to say well the middle class is exploding in Asia. Lol, it’s not the middle class that can afford Rolex watches.


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Pretty much everything stated in your post is way off.

[alphasports]

In Switzerland right now the federal government is considering much tougher lockdown measures across the country but the regional (cantonal) authorities are pushing back, citing evidence that the German side (east) has much higher virus spread than the French side (west). Rolex being in Biel, straddling the East/West "line", is also very close to the Jura which straddles France which is a source of a lot of commuter day-workers.

I don't have any demographics on Rolex workforce, but all this to say that between tightening restrictions and certainly some foreign workers, watch production will be reduced for some time to come.

[Patton250]

Originally Posted by Robf52

I have no idea what you're talking about or the point you are trying to make.

Yes I know.

[Chester01]

Originally Posted by sgwatchguy

Pretty much everything stated in your post is way off.

Lol. Listen, dont fool yourself there is no shortage if you and I can get any model we want on our doorstep by Monday. That’s fabricated. The amount of Picasso paintings are actually limited. I’m tired of being played for a sucker by Rolex with this perceived scarcity. 71 percent of the worlds population lives on less then 10 bucks a day my friend and the middle class that people think is vastly expanding does not mean income of 225k per year. Statistically definitions differ, but data suggests somewhere in the range of 40-120k for a family of 3. Soo, my opinion is at least data based, where yours is not so much.


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[GoingPlaces]

Originally Posted by Chester01

I think it’s more than corrupt AD. Reality is people have been spending less and less in jewelry and the gap between those that can and can’t afford jewelry and watches is larger than ever and AD’s are competing for an ever smaller slice of the population that can afford such luxuries. People misunderstand economics and like to say well the middle class is exploding in Asia. Lol, it’s not the middle class that can afford Rolex watches.


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Reality is the number of millionaires is growing. Sure there is a greater divide between the two worlds but more people can afford a Rolex today than could five years ago. This trajectory will continue. I have a close friend that has been working at Tiffany's for several decades and has built quite an extensive clientele, they are spending like crazy this year. He's working less and will end up selling the same or more than last year. Not sure what is going (maybe people at home shopping) but people are spending. Luxury market is super strong right now.

[erhein]

Originally Posted by sgwatchguy

Go grey... or go grey waiting.

Tell me about it.

[Chester01]

Originally Posted by GoingPlaces

Reality is the number of millionaires is growing. Sure there is a greater divide between the two worlds but more people can afford a Rolex today than could five years ago. This trajectory will continue. I have a close friend that has been working at Tiffany's for several decades and has built quite an extensive clientele, they are spending like crazy this year. He's working less and will end up selling the same or more than last year. Not sure what is going (maybe people at home shopping) but people are spending. Luxury market is super strong right now.

So many millionaires, but yet, somehow so many Rolex at the gray market lol. I’ll say it again, if we can get any Rolex model on our door step by Monday, that’s a fake shortage. Try getting a Picasso by Monday my friend. Just a tad more difficult wouldn’t you say?

Listen, I was not born yesterday and know when I’m being played out.


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[GoingPlaces]

Originally Posted by Chester01

So many millionaires, but yet, somehow so many Rolex at the gray market lol. I’ll say it again, if we can get any Rolex model on our door step by Monday, that’s a fake shortage. Try getting a Picasso by Monday my friend. Just a tad more difficult wouldn’t you say?

Listen, I was not born yesterday and know when I’m being played out.


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There is a shortage because you have to pay over list for one. Demand outstrips supply = shortage = higher prices. Anything can be bought for a price and bought quickly.

Assuming you are connected in the art world you probably could land a Picasso by Monday, but you would have to pay well over market for one, perhaps tens or hundreds of millions over but you would get one nonetheless. Everyone and everything has their price.

[Patton250]

Originally Posted by Chester01

So many millionaires, but yet, somehow so many Rolex at the gray market lol. I’ll say it again, if we can get any Rolex model on our door step by Monday, that’s a fake shortage. Try getting a Picasso by Monday my friend. Just a tad more difficult wouldn’t you say?

Listen, I was not born yesterday and know when I’m being played out.


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No conspiracy theories here and no one‘s being played. This whole thing really is quite simple. The economy has been rocksolid for the last few years. That has brought more wealthy individuals into play and a high demand on Rolex as well as other luxury goods especially highly sought after pieces. Along comes COVID-19 and shuts all these factories down causing a massive shortage in production doubling the problem. I don’t see why this is so complicated. Once the factory is open back up fully and the economy goes south like it was five years ago then walla the cases will be filled with Rolex again. Except Daytonas of course. LOL

If your point is “then why do greys have them?”, well that’s easy to explain also. People like to make money. Who wouldn’t want to buy a Daytona for 14K and sell it to a grey dealer for 23K 10 minutes later? Some people may call that greed I call it capitalism.

[turkeysub93]

Rolex. So hot right now.

[SeaDweller50]

Originally Posted by Harry-57 View Post
For a moment I thought you meant watch cases.

Originally Posted by garyk

Me too

Me too.

[garyk]

Originally Posted by turkeysub93

Rolex. So hot right now.

[Chester01]

Originally Posted by GoingPlaces

There is a shortage because you have to pay over list for one. Demand outstrips supply = shortage = higher prices. Anything can be bought for a price and bought quickly.

Assuming you are connected in the art world you probably could land a Picasso by Monday, but you would have to pay well over market for one, perhaps tens or hundreds of millions over but you would get one nonetheless. Everyone and everything has their price.

Indeed, but much harder. Now listen, if you and I bought up let’s say all the napkins (siphoned off supply from AD such as target, Walmart etc) we would have a lot, the other stores very little, but collectively a lot. However we are now in control to manipulate the market and charge more. That’s slight of hand my friend, same as the gray market.


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[Chester01]

Originally Posted by Patton250

No conspiracy theories here and no one‘s being played. This whole thing really is quite simple. The economy has been rocksolid for the last few years. That has brought more wealthy individuals into play and a high demand on Rolex as well as other luxury goods especially highly sought after pieces. Along comes COVID-19 and shuts all these factories down causing a massive shortage in production doubling the problem. I don’t see why this is so complicated. Once the factory is open back up fully and the economy goes south like it was five years ago then walla the cases will be filled with Rolex again. Except Daytonas of course. LOL

If your point is “then why do greys have them?”, well that’s easy to explain also. People like to make money. Who wouldn’t want to buy a Daytona for 14K and sell it to a grey dealer for 23K 10 minutes later? Some people may call that greed I call it capitalism.

Hmm, so gray market is not having any problem sourcing their watches then. That sounds like market manipulation. See with Picasso paintings there is not a gray market because there is actually a shortage, the gray market exists to siphon off supply, allowing them to create a false demand. Now, sure covid played a role here, but come on this has been going on, well, seems since the gray market exploded back about 5 years ago.

And I am being played and so I don’t play that game. I am not interested in any 6 digit references and there are plenty of other great watches out there. I don’t have time


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[chloebear]

Originally Posted by Fleetlord

There is no vaccine for Rolex fever.

So true!

Although a new watch seems to do the trick for a month or so.

[Patton250]

Originally Posted by Chester01

Hmm, so gray market is not having any problem sourcing their watches then. That sounds like market manipulation. See with Picasso paintings there is not a gray market because there is actually a shortage, the gray market exists to siphon off supply, allowing them to create a false demand. Now, sure covid played a role here, but come on this has been going on, well, seems since the gray market exploded back about 5 years ago.

And I am being played and so I don’t play that game. I am not interested in any 6 digit references and there are plenty of other great watches out there. I don’t have time


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Forgive me I didn’t realize your conspiracy theory was that deep. Please ignore my last post. I respectfully pull back out of this conversation with you.

[johnjm]

Yeah, I’ve never wanted a watch enough to pay over retail.

My patience is running thin though and was fortunate to get into this thing long ago so have what I wanted already.

I can just imagine the frustration of those bona fide dudes who actually just want a watch to wear and enjoy. I’m starting to relate as I am still waiting for my Pepsi.


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[ap1]

Originally Posted by Lex_Ordo

this is the way...

Can’t wait for Friday

[Jack T]

Originally Posted by padi56

IMHO much more important things to worry about at the moment than production of watches.

True, but with that line of thinking, they should this website until the world is free from war, disease and poverty.

[Lex_Ordo]

Originally Posted by ap1

Can’t wait for Friday

100%

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[GoingPlaces]

Originally Posted by johnjm

Yeah, I’ve never wanted a watch enough to pay over retail.

My patience is running thin though and was fortunate to get into this thing long ago so have what I wanted already.

I can just imagine the frustration of those bona fide dudes who actually just want a watch to wear and enjoy. I’m starting to relate as I am still waiting for my Pepsi.


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Same here, I have four nice Rolex pieces. Would I like a couple more? Sure, but not even interested in the game. Unless something falls in my lap, but I wont go looking for it. There are other brands to explore.

[AdamW]

Originally Posted by Chester01

the gray market exists to siphon off supply, allowing them to create a false demand. Now, sure covid played a role here, but come on this has been going on, well, seems since the gray market exploded back about 5 years ago.

Truer words on this site have rarely been said. Thanks for making this point.