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Does somebody have a reasonable explanation for this?
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<p>[QUOTE="PeacePeople, post: 1177984, member: 20082"]End of April silver was $49 per ounce, one week later it dropped under $35 per ounce. That is fine and all, but the part that really confuses me is the following.</p><p> </p><p>I was perusing the usual websites I visit checking out what they had for sale in silver and noticed that most of them had delayed delivery at the end of April with an approximate ship date of May 17th for ASE's, and other "hot" or desireable smaller 1 ounce to 10 ounce items. Now we'll fast forward to May 6th. Silver drops to about $35 per ounce and the delivery dates many of those e-tailers have posted is May 27th or so. Now this week many of them are listing is June 17th. This is all well and good as it seems to me that the supply is short for the smaller items they are retailing, until I look back to the week of May 2nd when the e-tailers were all advertising delayed delivery for the popular items, but the price of the goods they are advertising dropped by almost 30% in the commodities markets.</p><p> </p><p>I know that it takes time to produce the goods from its commodity form to retail item form, but it still makes no sense to me. For some reason I've always felt I've had common sense, but this one escapes me.[/QUOTE]</p><p><br /></p>
[QUOTE="PeacePeople, post: 1177984, member: 20082"]End of April silver was $49 per ounce, one week later it dropped under $35 per ounce. That is fine and all, but the part that really confuses me is the following. I was perusing the usual websites I visit checking out what they had for sale in silver and noticed that most of them had delayed delivery at the end of April with an approximate ship date of May 17th for ASE's, and other "hot" or desireable smaller 1 ounce to 10 ounce items. Now we'll fast forward to May 6th. Silver drops to about $35 per ounce and the delivery dates many of those e-tailers have posted is May 27th or so. Now this week many of them are listing is June 17th. This is all well and good as it seems to me that the supply is short for the smaller items they are retailing, until I look back to the week of May 2nd when the e-tailers were all advertising delayed delivery for the popular items, but the price of the goods they are advertising dropped by almost 30% in the commodities markets. I know that it takes time to produce the goods from its commodity form to retail item form, but it still makes no sense to me. For some reason I've always felt I've had common sense, but this one escapes me.[/QUOTE]
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Does somebody have a reasonable explanation for this?
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