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<p>[QUOTE=&quot;medoraman, post: 24590578, member: 26302&quot;]I think this thread could have, and I do think did, happen in 2013. Dealers, during a surge of interest, once they get the premiums up are loathe to lower them. I think the debt limit bill, both by calming markets and stopping student loan forgiveness, will lower the amount of &quot;panic money&quot; in the market. This will force premiums back down. It will take time like it always does, fresh product hitting the market for a few months before dealers reluctantly are forced to lower them.</p><p><br /></p><p>Newer stackers, please take the long view. PM is a great contra asset IF bought opportunistically. I posted here in 2018 that it was a great time to buy. Low prices, low premiums, buying when no one else wanted to buy. Do not forget pm if it cools down. In cool markets is where most long term holders acquire their stack, not when it&#039;s hot.[/QUOTE]</p><p><br /></p>

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