The Breitling Watch Source Forums

although they are quite predictable, so less and less entertaining.

and his wife asks: "how did you know, are you clairvoyant ..."

who needs foreign exchange reserves; when will Schoederbert finally get his well deserved Nobel price for economics ?

Nobody in this universe needs US-dollar toiletpaperreserves.

I always bought my watches in US-dollars, sold it in Euro or swiss francs (swiss people now like to buy here vintage watches, because its very cheap for them in swiss francs) , and I changed all my Euros and swiss francs very quick in Gold. So I made more as 400% profit in the last 5 years, from 1 Million to 5 million in 5 years.

For this you dont need any clairvoyant, just common sense.


Now I can buy for this 5 million dollars very valuable Breitling Vintages.

And after I bought for this 5 million dollars Breitling Vintages, the market is completly empty and I can ask every price I want.

Fortunately for many, your reputation precedes you and no one will be interested.

But you said......






Personally I've had enough.

I suspect that you are either acting on behalf or, or are in fact a banned member who is circumventing the ban by using a different username and series of IP addresses. If you continue to reinforce that belief through your actions you will soon no longer be am member.

Roof, if there was a contest for the most patient forum mod in the whole world, you´d win hands down

I think we should all stop feeding the troll now... this will be my last comment on anything he ever writes...

it's getting BORING...

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"I don't got the bright watch I got the right watch" -Jay Z

I used the search function....

Thought this was funny, you are describing triangular arbitrage. This is where you buy one currency, exchange it into another currency or a commodity, take that currency or commodity and exchange it into your home currency - the result is that you still end up with the same amount of money.

Here is an example considering you sold a 1000 USD watch, converted to EUR and 'quickly' converted to gold:

EUR/USD = 1.30405 you get this many USD per EUR, you buy something for 1,000 USD you sell it in Europe for 1000/1.30405 = 766.84 EUR.

You now want to convert your EUR to gold in that example, the current price of gold is 1,224.77 EUR per ounce, so you buy 766.814/1,224.77 = .626 ounces of gold, which you can do since it will be done electronically and not through cash and carry where you take possession - again you said quickly convert.

You now have .626 ounces of gold. You need to convert this back to USD, so you sell your .626 ounces of gold, if you want to sell it in USD, if that's your home currency you would be selling gold at the rate of 1598.46 USD which comes to .626 X 1598.46 = $1000, you end up making no profit.

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End of Discussion.

this one has been offered quite a few times with a lower price each time and it doesnt look like its selling fastt for this price either
so there's a price estimate
1975 GBP / 2350 euro's seems to be too high
http://www.ebay.de/itm/Breitling-Spiege ... 0616663139

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"I spent most of my money on Booze, Breitling and Boats. The rest I wasted" - mostly Elmore Leonard

whew, that's a huge profit and also needs a crystal ball;), maybe possible if he held on to the gold for 5 years and the price of gold has appreciated 5 times in that period? Will have to check historic gold price records for the past 5 years I guess. So if an ounce is say $1500 now, it would have to be $300 5 years ago, unlikely?

EDIT: Here's the gold prices for 2005 at approx $ 444.45/ounce, that's a huge whooping jump to the current $1600/ounce currently
http://www.measuringworth.com/datasets/gold/result.php


Year U.S. Official Price
(U.S. dollars per fine ounce
end of year) New York Market Price
(U.S. dollars per fine ounce) Gold/Silver Price Ratio
(ounces of silver
per ounce of gold) London Market Price
(British £ [1718-1949] or
U.S. $ [1950-2010] per fine ounce)
2005 42.22 446.00 60.70 $ 444.45
2006 42.22 606.00 52.20 $ 603.77

Sure - if he held onto the commodity, but converting to gold and converting to a home currency would not result in any profit other than the appreciation (if any) during that time period. Quick conversion would be meaningless because of the swap rate (different than exchange rate).

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End of Discussion.