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<p>[QUOTE=&quot;medoraman, post: 1645354, member: 26302&quot;]You are exactly right sir. I have written about this many times, why physical PM is a bad short term investment. What you describe is EXACTLY what happens. Dealers try to play the market like buyers do. They either refuse to lower their price or are &quot;out of stock&quot; if they believe the price will come back up. They also don&#039;t buy if they believe its going down.</p><p><br /></p><p>This will ALWAYS happen, and is a HUGE impediment when investing in physical PM. Honestly, its one of the reasons a paper market was created, amongst other reasons.</p><p><br /></p><p>Long term they will HAVE to adjust prices lower, as new product comes on the market and they lose sales. Short term, though, the dealers will suck out most potential profit from PM buyers. Capitalism is capitalism, though, it is what it is. Its just a major way physical buyers get hosed.[/QUOTE]</p><p><br /></p>

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