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My bad. For some reason Google kept returning different watches.
Re appreciating in value. Long term I'm sure a Rolex GMT is a good bet. But right now it's peak GMT fever, after a great stock market run, a good 10yrs after the last recession, not long before Brexit is going to be implemented, with a nutter in the White House.
For those reasons I'd be hesitant to pay a premium for something that I wanted to see a return on.
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Re appreciating in value. Long term I'm sure a Rolex GMT is a good bet. But right now it's peak GMT fever, after a great stock market run, a good 10yrs after the last recession, not long before Brexit is going to be implemented, with a nutter in the White House.
For those reasons I'd be hesitant to pay a premium for something that I wanted to see a return on.
It's a funny situation though - we (may) be about to inflict 2008 on ourselves, but no-one else is going to get hit.
I suspect we'd see significant arbitrage keeping prices in the UK up for valuable/luxury goods (to an extent) with foreign demand, especially as our currency flounders.
Cars are somewhat protected due to RHD/LHD, but I've spoken to a couple of German chaps who said that for e.g. a GT3-RS at ten grand under the market would make them happy to get into the wrong side of the car.
All of them are GMTs with a jumping local hour. SBGE not SBGA.