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<p>[QUOTE=&quot;Blaubart, post: 1898603, member: 37498&quot;]I think the reason for the premium drop is simply that the price has been around $20 for over four months now and even with a smaller premium, it&#039;s still possible to earn a profit.&nbsp; If they don&#039;t lower their premiums, and their competition (either local or Internet based) does lower theirs, then they won&#039;t be selling very much.</p><p><br /></p><p>When the price was falling, it was hard to sell for a profit when it takes a few weeks to get an order in and a few days or a few weeks to sell the order.&nbsp; Just think about a dealer selling from Sept 2012 to Aug 2013.&nbsp; Place an order on Sept 1, 2012 at $34/oz, and their order might get in on Nov 1, 2012 at $31/oz.&nbsp; If they had to sell at $3-5/oz over spot to make a profit if there was no change in the price, then they&#039;d need to sell at $6-8/oz over spot to earn the same profit in that situation.[/QUOTE]</p><p><br /></p>

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