Wednesday, October 27, 2010

Rolex Datejust Stainless Steel

Rolex is perhaps the best watch on the market to purchase in a Pre-owned condition. Because of the constant demand, the resell value for these watches is always high. 
For years I have specialized in Pre-owned watches. 
I have just refitted this Authentic all Swiss Rolex SS Datejust Circa 2001+ (K Series) and it is on sale. 




This model features the fluted bezel on stainless steel case, silver dial protected by high impact resistant sapphire crystal, quick date set and original Rolex manufactured "Jubilee" style dress band. 


If you're interested to know more about this watch follow the link below to our eBay Store.

Friday, October 22, 2010

Gold Closing 1327.00 Friday 10/22/2010

Gold prices plummeted in the past few days as the Feds raised the interest rate to 4.25. I have been hearing that rates would be going farther down and this amounted as an unexpected move from my viewpoint.

This unpredictability is leaving many scratching their heads however I feel the “Gold Bubble” is far from bursting yet. If you study the price of gold closely it will begin climbing back up again because of the supposed “good news” of rising interest rates. One has to study that the Feds raised the interest rates in an effort to push banks into making loans and not hold money for so long. Unconfirmed was a report the Feds would be charging banks interest on money they held. We also have to consider the real good news that unemployment claims have dropped in 23 states. However although rejoicing at the news I am a bit skeptical and wonder how much of this is politically motivated as a last push by Democrats before the November election.

I for one would love to see the price of gold plummet. This would make jewelry affordable once again and a sure sign that we as a nation are on the economic rise once again an economic trend that at the end can be considered for the greater good and that’s worth money in the bank.

Have a great weekend everyone. And be sure to get your VOTE done.

Monday, October 18, 2010

Hard Times, Hard Decisions-Written in 2009

 

The following was written in 2009 as I came head to head with the recession. Although this occurred in the past it might be noteworthy to review it like I have and perhaps learn a lesson or two. One thing I have learned is that after two years I still have to cling to most of these ideas. Read closely.

You haven’t heard from me since November (2008) and all I can say is that I have been using all my knowledge to survive what has definitely turned into one of our most challenging times remembered.

This December (2008) sales were down 48%. As I have written in previous chapters I have been preparing for a slowdown but I can tell you I never expected it to be this severe. However the good news is this…sales were down 48% but gross profit was down 30%. These are the factors that went into controlling this loss.

1-It was Christmas and I was aware that whoever walked into the store was going to purchase. Reaction to the recession, although strong was definitely not severe enough to hold back some consumers. I controlled myself from giving deep discounts.

2-The inventory I prepared was merchandise that was both low priced and high profit margined.

3-I prepared inventory that I knew I could sell for February if it would not sell for Christmas-this was one of the best moves I made!

4-I reviewed my past Christmas buyers and made sure to send them an extra dose of advertising.

5-I had been sure to explain to the extra help I hired that I would guarantee their jobs till December 24. When the date came there were no hard feelings.

January came in and things were still almost at dismal levels but I decided to offer what everyone was needing….cash. Yes, I offered cash for used merchandise that I could meltdown and sell for scrap. Along with repairs, this approach helped maintain a positive cash flow and small profit. I also concentrated on my internet sales. Unfortunately things have been quite slow overseas but although it is a small amount it is welcomed income all the same.

Everyone has been waiting for the Bush administration to move out and bring in Obama and his hopes for “Change”. Although I have welcomed the new administration with open arms I’m quite aware of the political rhetoric that follows and reminded myself that none of these people are business owners. Most politicians are lawyers and politicians. How many can we say have worked to maintain a business? Hope for the best but expect the worst!

Take a close look at this economy and the “recovery” will surely come, but don’t expect for business to be at the level it was four years ago and don’t expect business to bounce back rapidly. In fact I dare to say that things are going to get worse before they get better. Look at all the events that are taking place. Bailouts that will ultimately be paid by our children, increasing unemployment, tight credit (a blessing in the long run). Freely available credit has artificially been maintaining high prices. The only way this economy is going to bounce back is when prices start meeting consumer income. Face it folks, a cup of coffee just isn’t worth four bucks! But of course when you can put it on a credit card, you will pay for it. When that credit isn’t available you won’t buy and the price will come down! With this in mind this is the first suggestion I have for you…..

1-Negotiate your lease! Review your books and play with your budgets. Look at the possibility of revenues dropping by as much as 40%. Start cutting expenses and start by renegotiating your lease with your landlord. Get at least a six month reduction. Look at the number of hours that large companies are cutting their employees. Of course what large companies need to see is top management take a big cut as well. Let’s see if they really are “in this together”.

2-Call your vendors and get them to cut prices. Explain that your profit margin is dropping drastically and you need to be “competitive”. Perhaps they will extend “terms” but the truth of the matter is that “credit” is what you have to be running away from at this moment. You have to turn your business into a “cash based business” if you are to survive this episode.

Look at the businesses that have failed in the past six months. All of them have one thing in common, they were not able to secure credit to sustain their operations. Sorry but the truth is that “credit” is not the way to sustain a business. Business credit should be “short term” credit used in order to purchase merchandise and be paid off within a short time period. The moment you start using your credit lines to sustain business operations you are doomed!

Think you can figure a way out of this? Dream on. If you don’t get “small” and highly competitive you’re going to be extinct within the next four to six months. Feeling sorry about getting rid of your employees? Being the boss is tough, but the truth of the matter is that it’s your business and you are the one that has taken all the risks. Want to keep an employee? They better be producing revenues for you and not standing around to be someone you can talk your woes to.

Hard times, hard decisions.

Thursday, October 14, 2010

Prophet Blue: A House Divided Cannot Stand

With the help of the Media, politicians, special interest groups and just about anyone that has some money today has twisted the truth to the point that we are approaching a general gridlock.


The number of issues along with the number of agendas, both public and secret are innumerable  
The Global mind set today could be defined as "What the Market Could Bear". Everyone from entrepreneurs to politicians to fisherman are trying to milk it ("it"=the environment, economy, system, etc)  for all that it's worth and more. Many bystanders are in a state of apathy at this moment and we should beware that a state like this could lead to further and deeper class divisions, extremisms, demagoguery, revolt and dictatorships.


As a new generation is handed insurmountable responsibilities in the form of national debt, lack of international respect and little education to perform above a mediocre level; unless we are indeed the "All Consuming Generation" we must wonder it the price paid for our so called "success" was worth it.


Over two hundred years ago, despite their own personal fallacies the founding Fathers of this Nation gave birth to the idea of a "Pluralistic Government". For decades we have prized and encouraged individualism. We have increased our tolerance for each other's differences from religion to sexual preferences only to have empowered beliefs that given fruit will smother our generation's social accomplishments. 


We, The American People, during our state of individual contentment have allowed ourselves to be led by Pied Pipers who have effectively colored a picture of unheralded success in the form of money and material acquisitions. At some point we must accept that the ideals of Democracy, Pluralism and Individuality have been eclipsed by the greed of many. We have to see that many in power believe that mankind in general must be placed in the constraints of a yoke, this being nothing more that justification for the betrayal of the power bestowed upon them by The People's belief in Democracy if a politician, by consumer's belief in a product if a business.


We cannot regress to the belief that "Man" in general cannot have "Free Will" and therefore we must exercise a degree of common sacrifice for the betterment of our fellow man. There has to be "Balance" by way of a common goal or this Nation and the idea of Democracy is headed into oblivion. History repeats itself and we have countless governments of the past to examine as case studies.
"Democracy" is a state of Utopia the human race can strive to achieve. But we, the public have to bear the responsibility to demand from those elected officials the trust we have offered and that they have "unselfishly" sought election to keep or indeed we are to be reduced to nothing more than yoked beasts.


"Quist Custodiet Ipsos Custodes?"-Who Watches The Watchmen? 

Wednesday, October 13, 2010

Ladies "Laguna" Sport-Diver's Watch

With the explosion of over-sized ladies fashion watches a few categories of Women's watch designs seem to have been left behind. Women today are more active than ever participating in a wide range of sports. With this in mind I have re-introduced the ladies "Laguna" Sport-Divers Watch designed with the idea of bridging the gap between a no-nonsense womans sports watch and  one that can be "fashionably acceptable".
The Laguna is a functional woman's dive watch that has a precision elapse timing bezel to record "time under". It also serves as a great parking meter elapse time bezel. 
Easy to read Date window, high impact resistant Sapphire crystal, Screw in crown, luminous hands-hour markers and a water resistance to 660 ft are features you will find in this watch. 
I have assembled a limited number of watches with metal bands and also offer a White color rubber.
While obviously this watch can be considered a "Water-Horse" it has a quite feminine Mermaid  size of  33mm Diameter from 9-3 with Crown Guard, 31mm from 12-6 and a 10mm thickness. Inside runs a hassle free Swiss Quartz Movement


You can see more of this watch and get purchase information at my website: 


Monday, October 11, 2010

Chase Durer Special Forces UDT XLs Have Finally Arrived

Yes, after months of waiting I have finally been restocked with the most popular watch on the planet. I have a limited number of these and I have them featured on my eBay store. Check out the details and you will understand why the XL has reached the level of popularity it has.

Saturday, October 9, 2010

Shipping to Austria

Since joining eBay in 1999 Louis Alexander Jewelers has sold items in over sixty different countries. I am now shipping to Austria.

Friday, October 8, 2010

Gold Closes at 1347.00 USD

Gold settled at 1347.00 USD at the end of Friday trading October 8, 2010. What can be expected next week? Perhaps more settling down if the Democrats continue to gain support for the November vote. For months Democrats have been attacked by the Republican sponsored media who has continually pointed out Democratic “inefficiency” at handling the current economic crisis.  This continual and seemingly unanswered tirade has made the mid-term elections a battleground for control of the Congress.
However the Democrats seem to finally awaken to the effect it has been having on the American public who is used to instant coffee, fast food and instant result and who seem to disregard the fact that it has been eight years of misgovernment that bought us here.
The Democratic response has pointed out the fact that indeed the much criticized economic stimulus plan has helped keep millions of Americans working and perhaps could be described as being “too small” to have been even more effective. The Democrats are also pointing out to  Republican reluctance to back up bills like the Small Business Stimulus Plan that would help small business get on their feet.  We have to point out that Democratic support of “TARP” has indeed helped finance large corporations during the crisis and has even returned a profit to the American taxpayers.
But we have to understand the Republican view on these plans as well. They point out that the government is seemingly giving money to businesses that have a high risk of failing. As a small business owner I can understand their point of view. However along with financing there must be an effort to make our nations small businesses competitive by embracing protectionist policies like raising tariffs on imports and not making it easy for American corporations to open their factories overseas in order “to take advantage of a Global Economy”. For too long I have witnessed this smoke screen set up the American Middle Class for decimation. It’s time to bring the factories home and concentrate on “American Production for American Consumption”.
Although it seems that Bush supported tax cuts for the wealthy Americans seemed to have taken a sort of backseat after the Democrats have delayed the decision to end them. Let’s remember that the decision has only been “delayed” and many Democrats are clearly pointing out at the billions of dollars being lost by continuing the tax cuts. When the time comes to “sundown” them in 2011 I am sure the majority of public support will be on the Democratic side. Many voters are worried about the amount of government spending and many groups point out the amount of seemingly wasteful projects the government has contributed funds to. But I have a feeling there will be an accounting and curbing of this in the near future when BOTH parties are pressured to streamline government spending. At this moment the American public is being made aware of the amount of questionable contributions that are being lavished on the candidate races of both parties. Worrisome is the fact that there are millions of dollars being made by foreign governments through such entities as the “American Chamber of Commerce”.

In conclusion all this “manning up” by the Democratic Party is being reinforced by the good news that there has been a drop of unemployment claims for the 3rd week in a row as well as a reported surge in sales in September by retailers nationwide. This has led to a glimpse of hope as consumer confidence seems to be increasing. For the time being we all must continue to keep an eye out to see if these improvements are sustained and then indeed we will come out of this recession.

Monday, October 4, 2010

Gold Climbs Higher 10/1/2010

A few days ago the Federal Reserve announced it plans to lower the interest rate even more and it was no surprise to me when gold closed at 1318.00 today.

There are many factors affecting the skyrocketing price of gold. It is often an indicator or mounting military tensions as well as indicator of the global economic instability as all currencies, not just the dollar, are loosing their value against the precious metal.

But at this moment it is a matter of instability as well as demand. The demand steming from the fact that it is the wedding season in India where brides are traditionally lavished in gold. Considering that India is one of the fastest growing economies it is no surprise that gold consumption in that country has reached new levels.

Consumption of gold has also increased in China where a growing middle class is consuming just about everything that can be purchased as well as gold.

Keep an eye on "Strategic Metals"-Platinum, Paladium, Copper etc and you will see a sharp rise in their prices as well.

As the value of the dollar continues to slide the price of all these metals will continue to rise. It is perhaps a good time for this government to strengthen the value of the dollar by embracing "Protectionist Policies" (raising tariffs on imported goods) and find a way to bring back the American Production Factories that were closed nationally and opened on foreign soil by the evolving "Multi-National" companies.