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7 Comments

  1. Have that exact same watch in the picture , bought for less than 800 used in 1983 .
    Didn’t know till this year the RED submariner was rare. Its a great watch !

    Hold on to something classic long enough it appreciates in value and
    is EMP proof and dose not need batteries.

  2. There is an ex Navy Seal making fairly high end watches called RESCOE. They seem very high quality and very low production. I don’t know if these fit the bill, but I’m saving my shekels to get one.

  3. While many investors worry about the stock market and what might cause it to melt down, they tend to overlook the much larger bond market. Bond markets run on confidence, and once confidence in one kind of bond is lost, it tends to spread. Once bond markets start collapsing, stock markets soon follow.

    If there’s another crisis, it will probably start in a bond market somewhere. If you read that some particular kind of fixed income security (credit default swaps, contingent convertible (coco) bonds, mortgage-backed securities, auto loan-backed securities, etc.) is collapsing, that investors are losing confidence in them and dumping them, get ready to get out of stocks.

    Of course, you should already have trailing stop-loss orders on all your stock positions, not in the market but on a website such as tradestops.com. (I use them but am not otherwise connected to the company.) When a stock or stock fund hits its trailing stop, it should be sold.

    As long as the music’s playing, we need to keep dancing. However, we should dance near the door and avoid dancing with the devil.

  4. Another potential and interesting option is an Atmos clock made by Jaeger LeCoultre. These beautiful, mechanical clocks never have to be wound, keep excellent time, and will run continuously for decades if kept in a stable environment. EMP proof. They are expensive to buy new, $7,000.00 and up. Companies sometimes present them to employees as retirement gifts. I found one in a pawn shop for $500.00. Unbelievable. An operating and service manual is available on the internet. If you get one, be careful: they are fragile, and the mechanism must be locked before moving them. Mine runs for months at a time within a few seconds of the WWL atomic clock. Rare and truly amazing machines!

  5. Total global debt (meaning bonds and credit cards) has now nit $237 trillion. Add $750 trillion in bank-issued derivative securities, and total debt has now passed a quadrillion dollars. Something that can’t go on will have to stop, and the resulting pain will be immense. Governments will default on their bonds, corporations will go bankrupt, and many people will lose their life’s savings and homes.

  6. You tube has thousands of watch videos. In Shtf. Functional value will exceed collector value as possessor luxury of “Ihave it”will have a thin market. So mechanicals with sapphire crystal and anti magnetic and 200+/- water resistance and shock proof have function hi status

    Yeah specific Hamilton and marathon military and other have that…..but a good option or portfolio round out would be solar charge that has long years of proven history…..Citizen.( Unlikely to needbattery change)

    Note Self winding do need some cleaning average 3-5-7 years depending on use and are only fairly accurate..and less so if dirty

    But some citizen light (sun cloud) watches rechargeable, does have battery and capacitor so emp issue potentially

    Can fully charge in 11 hours of sunlight and that charge holds up for 6 months

    Battery part can last 10-15-20 years if it ever goes out…market experience . Not as cheap sun charge construction as some others

    Can get shock,water proof models. Suggest 200 meter minimum. 100 may be ok ??

    Very accurate only minuses:the emp thing, average at night lume , not a sapphire crystal

    Pluses not need batteries ( yeah could gets 7-10 year Casio etc and spare batteries but this article is more about collector , Status watches…. diff style and utility

    So get both a Rolex anti magnetic (50 years history) and citizen(s) solar and be prepared

    Ps Seiko has Some solar too but seems less a record a lasting for years and years

    For superior anti magnetic mechanical luxury style at lower price get newer model Omega! Instead of 15 or 20 citizens or 1/2— or whatever Rolex Only caution. The Omega Newer movement with anti mag has less real world wear experience than Rolex. And still requires some cleaning maintenance of a mechanical

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