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Inspired by the rising goldprice.....

  1. marturx

    marturx Jan 22, 2015

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    ....I managed to snag this beauty off auction:

    Lemania 18K, wristshot.jpg

    Lemania 18K, front.jpg

    An immaculate, mint conditioned, rose gold 18K Lemania. At a really good price too. The same seller also auctioned a Longines Flagship 18K in equally good condition. I would have loved to get it too, but it went way higher, so I had to pass on it. I wonder how long it will take me to regret being cheap in the moment of truth! They don´t come out often, in 18K and in mint condition!

    What do you think guys, will we see further increases in the goldprice ahead?
     
  2. Hijak

    Hijak Jan 22, 2015

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    I'll tell you what I think...DIBS!::love::
     
  3. Northernman

    Northernman Jan 22, 2015

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    I was the second highest bidder on that....
    :(
    Glad to see it went to a good home and hope you leave the next one for me;)!
    2nd Dibs!
     
  4. marturx

    marturx Jan 22, 2015

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    Sorry Anders, but if you insist on having the same good taste as myself ::bleh:: (irony, nb), I will always try to beat you! :)

    I could have guessed it was you who took the price up a bit, but was fooled by your misspelled nick, not quite like you
     
  5. Northernman

    Northernman Jan 22, 2015

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    [QUOTE=" was fooled by your misspelled nick, not quite like you[/QUOTE]
    Long story.....
    I cursed myself for not putting in an even higher max bid.
    As long as I am beaten by a gentleman like yourself I can live well with it.
    At least it will not go for melting :thumbsup:!
     
  6. Tony C.

    Tony C. Ωf Jury member Jan 22, 2015

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    Very nice watch – congratulations!

    And gold prices will be going much, much higher in the coming years. It won't be a straight line, of course, and the banks and politicians will continue to attempt to suppress the price, but their ability to do so (using 100/1 leverage through futures markets) is rapidly waning. When the manipulation ends – and it will – gold will rapidly seek its 'natural' market price, which will be far higher than what you see today.
     
    marturx likes this.
  7. Gavin

    Gavin It's the quiet ones you have to 'watch' out for. Jan 22, 2015

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    No idea about gold prices but that's definitely a great watch. Congrats Martin. ::love::
     
  8. citizenrich

    citizenrich Metal Mixer! Jan 23, 2015

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    I'm no goldbug but I like the idea of owning gold watches because I get a utility benefit + intrinsic value of the precious metal.

    Gold is über defensive and not really a good investment in and of itself. However, it's a fantastic way to preserve generational wealth and provides almost perfect zero delta versus just about every other commodity. Meaning: an ounce of gold in 2015 can be traded for the same exact amount of corn bushels as 50 years ago, 500 years ago and even 5000 years ago. Obviously, no paper or fiat currency can make this claim. The £ is easily the most "successful" form of currency for all of history and it's still a dog. A pound note today is only worth one half of one percent of original value.
     
    marturx likes this.
  9. styggpyggeno1

    styggpyggeno1 ΩF Enforcer ....and thread killer Jan 23, 2015

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    You were in luck... I had it on my watchlist but things happened and I could not participate. Damn it looks good!!!
     
  10. marturx

    marturx Jan 23, 2015

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    Yeah, I know. There´s another one that I antecipate that we´ll collide upon soon. My hope is small, that I will win that fight, since I haven´t been able to beat you one single time in the past. But one can always hope that a force majeure situation occurs, that refrains you from participating in the bidding :D
     
    styggpyggeno1 likes this.
  11. cicindela

    cicindela Steve @ ΩF Staff Member Jan 23, 2015

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    1.12
     
  12. marturx

    marturx Jan 23, 2015

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    That´s mysterious....::confused2::

    Some Mods code for an offense/ violation?
     
  13. cicindela

    cicindela Steve @ ΩF Staff Member Jan 23, 2015

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    Only if you live in Europa :D
     
  14. styggpyggeno1

    styggpyggeno1 ΩF Enforcer ....and thread killer Jan 23, 2015

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    Must be. I have no clue either.
     
  15. styggpyggeno1

    styggpyggeno1 ΩF Enforcer ....and thread killer Jan 23, 2015

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    Oh yes! I guess we are not alone in coveting that one. It will be a MMA-like wrestle but with multiple participants... ::popcorn::;):)
     
  16. marturx

    marturx Jan 23, 2015

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    Emergency call number?
     
  17. cicindela

    cicindela Steve @ ΩF Staff Member Jan 23, 2015

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    Yeah, when reaches .92 , call, I'll be buying ;)
     
  18. cristos71

    cristos71 Jan 23, 2015

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    $/€

    :(
     
  19. styggpyggeno1

    styggpyggeno1 ΩF Enforcer ....and thread killer Jan 23, 2015

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    50

    :) ::rimshot::
     
  20. marturx

    marturx Jan 23, 2015

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    Or close, I checked today's exchangerate USD/EUR, and it was 1.137
     
    Edited Jan 23, 2015