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<p>[QUOTE="SilverSurfer, post: 805159, member: 21603"]I think you will see cost averaging at work now. I hear APMEX has stopped selling ASE....is it because they have bought them for more than what they can sell them for and still make a profit? So, if APMEX can buy more now at the current price, they will effectively have lowered the average cost of the ASE to make them profitable again. When they buy enough to actually make them profitable again, they won't seperate the ones they bought earlier and say, "Hmmmm, we paid too much for these, so they stay in the vault until the price is reasonable." They simply put all of them up for sale again, considering an ASE bought now is no different then one they bought earlier. I'm not saying that they might not hold out on a few of them to increase profits, but to consider that they'd keep all of them in a vault, probably not.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 805159, member: 21603"]I think you will see cost averaging at work now. I hear APMEX has stopped selling ASE....is it because they have bought them for more than what they can sell them for and still make a profit? So, if APMEX can buy more now at the current price, they will effectively have lowered the average cost of the ASE to make them profitable again. When they buy enough to actually make them profitable again, they won't seperate the ones they bought earlier and say, "Hmmmm, we paid too much for these, so they stay in the vault until the price is reasonable." They simply put all of them up for sale again, considering an ASE bought now is no different then one they bought earlier. I'm not saying that they might not hold out on a few of them to increase profits, but to consider that they'd keep all of them in a vault, probably not.[/QUOTE]
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