Vass - CHEAP?

[ThinkDerm]

Ok, as mentioned already, the Florint is PLUMMETING. Simply having the rug pulled out from underneath it. The shoes have basically gone from ~$700 base to ~$500 base due to the change in the exchange rates.

Key component is, how do we, as Americans, with a strengthening dollar, take advantage of this decline? Anyone with any ideas?

The florint is expected to continue to fall in the near future versus the dollar...

Any idea how to order from Vass directly?

I know about contacting Eiko, and I emailed him about a week ago, no response, but his rates are in Euros anyway.

Thanks. Let's work a strengthening dollar in our favor, as it has not been this way for a long time...

 

[voxsartoria]

The pound is down to 1.67 to the dollar, and that was enough for me to place four new bespoke projects in the pipeline yesterday.

I'm all ears if someone has had any success ordering directly from Vass as opposed to buying the shoes in person. I will say, though, that the usual intermediaries offer a lot useful convenience.


- B

 

[Concordia]

Originally Posted by voxsartoria

The pound is down to 1.67 to the dollar, and that was enough for me to place four new bespoke projects in the pipeline yesterday.

I'm all ears if someone has had any success ordering directly from Vass as opposed to buying the shoes in person. I will say, though, that the usual intermediaries offer a lot useful convenience.


- B

Even just a few hours later, www.xe.com shows the pound at $1.65, and the Forint at 215 to the $US (down about 7% in a week).

Is there anything really worth buying in Hungary besides Tokay and shoes? This could get interesting if their economy implodes.

 

[voxsartoria]

Originally Posted by Concordia

Is there anything really worth buying in Hungary besides Tokay and shoes? This could get interesting if their economy implodes.

I give it six puttanyos.


- B

 

[Concordia]

Originally Posted by voxsartoria

I give it six puttanyos.


- B

I'm holding out for the Eszencia. But there may be many item of interest.

 

[emptym]

I'd be interested too, if anyone found out.

 

[Concordia]

Perhaps some arbitrage to be found in jewelers. What was bought when the Forint was strong may still only be marked up the normal amount, especially if the rest of the economy is in the toilet. I'm not a great believer in expensive watches but if you marked a Patrimony Traditionelle or PP 5196 down far enough...

 

[yfyf]

GBP-USD at 2003 lows, amazing! Why couldn't it have dropped while I was on bloody holiday.

 

[fritzl]

Originally Posted by voxsartoria

..., and that was enough for me to place four new bespoke projects in the pipeline yesterday.

I am all ears, you make me curious.

Hungary:
Poperty is still cheap on the countryside.

But for all imported goods, you have to pay a premium.

 

[Cornellian]

With Vass 2.5 hours away, I really should start some sort of import/export business for the forum...

 

[mr monty]

Originally Posted by Cornellian

With Vass 2.5 hours away, I really should start some sort of import/export business for the forum...

Ok, you have my attention?

 

[Infrasonic]

£= 351.88 Forint at the moment, so not bad for us in the UK...although not great if taken in context over the last five years.

Could this be the start of a new trend, looking for crashed currencies in order to feed our obsession?

 

[ThinkDerm]

Originally Posted by Concordia

Even just a few hours later, www.xe.com shows the pound at $1.65, and the Forint at 215 to the $US (down about 7% in a week).

Is there anything really worth buying in Hungary besides Tokay and shoes? This could get interesting if their economy implodes.

the pound at 1.65 USD? I do not know when it was ever that low. Supposedly there were all time lows when I lived in the UK - 2000-2001 and the pound was about 1.7ish USD.

When I was in the UK this past April, the pound was about 2 to 2.1 (even some places exchanged at 2.2) USD.

 

[ThinkDerm]

Originally Posted by Cornellian

With Vass 2.5 hours away, I really should start some sort of import/export business for the forum...

I was thinking that Vass (and the rest of hungary) might stop accepting the florint and only accept the Euro, even though they are not a part of the EU.

 

[ThinkDerm]

Originally Posted by Concordia

Even just a few hours later, www.xe.com shows the pound at $1.65, and the Forint at 215 to the $US (down about 7% in a week).

Is there anything really worth buying in Hungary besides Tokay and shoes? This could get interesting if their economy implodes.

I was thinking that it would be interesting if their economy imploded. I wonder how they are dealing with this sinking economy over there - if they are just raising the prices of everything in Florints like 10 to 20 %, or if the prices are staying fixed.