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PostPosted: Fri Aug 05, 2011 10:47 am 
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Breitling won't be increasing prices again to adjust for the horrible value of the dollar, but they are increasing AD cost on August 29th. If there is anything out there that anyone wants, now is the time to think about picking it up. As far as I know, this only applies to ADs in the USA.

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PostPosted: Fri Aug 05, 2011 10:57 am 
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Guess we can expect the dealers to cut back on the discounts they offer, unless they're willing to have reduced margins. Glad I got my B01 when I did.

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PostPosted: Fri Aug 05, 2011 11:17 am 
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B01fan wrote:
Guess we can expect the dealers to cut back on the discounts they offer, unless they're willing to have reduced margins. Glad I got my B01 when I did.



Reduced margins... I would not expect that!

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PostPosted: Fri Aug 05, 2011 11:32 am 
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Yup. I thought about posting this earlier. Orders have to have left breitling's warehouse by august 27 to be at the current deals.


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PostPosted: Fri Aug 05, 2011 11:47 am 
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JLC is also increasing AD prices and there is talk some other brands may as well, like IWC and Rolex were the 2 names given to me.

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PostPosted: Fri Aug 05, 2011 12:30 pm 
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AP is having an increase 9/1.


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PostPosted: Fri Aug 05, 2011 12:54 pm 
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dhalem wrote:
AP is having an increase 9/1.


And they're also increasing dealer cost

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PostPosted: Sat Aug 06, 2011 7:07 pm 
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Hello,

Swiss Franc & Euro, USD, same battle.

The Swiss franc continues its surge against the euro.
Tuesday the Swiss franc continued to rise against the euro, falling below the 1.10 franc per euro, and maintained the pressure against the dollar, while the agreement on the U.S. debt has not erased the concerns about a downgrade of the United States.
At 9:31 (7:31 GMT), the franc traded at 1.0987 francs per euro, erasing the record of the previous day at 1.1026 CHF / EUR.
The Swiss currency also maintained the pressure against the greenback, which was trading in the morning at 0.7758 francs to the dollar Monday after reaching a high of 0.7729 CHF / USD.
"With fears about the U.S. debt and the ability to see the notes of the United States lowered, investors continually bought the Swiss franc" regarded as a safe haven, analysts said Pictet.
"The market does not appreciate the agreement" on raising the debt ceiling in the United States, for their part considered specialists in Zurich Cantonal Bank (ZKB) in a note.
According to them, the rating "AAA" of the United States could still be lowered by the rating agencies, who believe that spending cuts planned under the agreement are not sufficient.
The U.S. House of Representatives adopted to 2300 GMT, by 269 votes against 161, Sunday night sealed a compromise between the White House and leaders of both parties in Congress.
The text must still be approved by the Senate on Tuesday afternoon, just before the deadline set by the Treasury to avoid default.

Source (in French, Les Echos)
http://www.lesechos.fr/entreprises-secteurs/finance-marches/actu/afp_00366478-le-franc-suisse-poursuit-son-envolee-face-a-l-euro-201460.php?xtor=RSS-2170

"Le franc suisse poursuit son envolée face à l'euro
La devise helvétique poursuivait mardi son ascension face à la monnaie unique, passant sous les 1,10 franc pour un euro, et maintenait la pression face au dollar, alors que l'accord sur la dette américaine n'a pas effacé les craintes quant à un abaissement de la note des Etats-Unis.
A 09H31 (07H31 GMT), le franc s'échangeait à 1,0987 franc pour un euro, effaçant le record de la veille à 1,1026 CHF/EUR.
La monnaie suisse maintenait également la pression face au billet vert, qui s'échangeait dans la matinée à 0,7758 franc pour un dollar, après avoir atteint lundi un plus haut à 0,7729 CHF/USD.
"Avec les craintes liées à la dette américaine et la possibilité de voir la note des Etats-Unis abaissée, les investisseurs ont acheté continuellement du franc suisse" considéré comme valeur refuge, ont indiqué les analystes de Pictet.
"Le marché n'a pas du tout apprécié l'accord" sur le relèvement du plafond de la dette aux Etats-Unis, ont estimé pour leur part les spécialistes de la Banque cantonale de Zurich (ZKB) dans une note.
Selon ces derniers, la notation "AAA" des Etats-Unis pourrait toujours être abaissée par les agences de notations, qui estiment que les réductions des dépenses prévues dans le cadre de l'accord ne sont pas suffisantes.
La Chambre des représentants américaine a adopté vers 23H00 GMT, par 269 voix contre 161, le compromis scellé dimanche soir entre la Maison Blanche et les chefs des deux partis du Congrès.
Le texte doit encore être approuvé par le Sénat mardi après-midi, juste avant la date limite fixée par le Trésor pour éviter le défaut de paiement."


All watches brands based in Switzerland are concerned by this crisis for the money (rise against the euro & USD), it's not very good for all of us.
It's also a very big problem for them to export their watch and to increase their price, to get the same "level" on their internal market in Swiss franc).
Best regards,

Challenger_fr


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PostPosted: Tue Aug 09, 2011 7:40 am 
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If that situation continues, and provided what jnelson3097 said about a new increase stands, it may be worth it for CHF-earning individuals to plan a flight to the US soon.

The US $ was under 0.75 against the Swiss Franc yesterday. :twisted:

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PostPosted: Tue Aug 09, 2011 11:56 am 
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F14D_Tomcat wrote:
The US $ was under 0.75 against the Swiss Franc yesterday. :twisted:


It's less than 0.72 now, down 4.8% for the day. Just a horror show.

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