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HELP ETf Vs. futures and % above spot for PM's
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<p>[QUOTE="InfleXion, post: 1693204, member: 29012"]The price is whatever people are willing to pay. If you don't want to pay the premiums somebody else will, or else the business will lose money and have to lower them. The market takes care of itself. You're not going to see prices any cheaper unless inventories get replenished, and even then that's only if they don't get drained again, and only if dealers can't still make the sale at higher premiums. As it is most dealers are having trouble sourcing inventory which is weeks out. I bought at $25 and ever since then premiums have risen to negate any spot price declines. Premiums will continue to rise if spot drops. So you can either wait and hope that spot stays low long enough for inventories to refill and all the other buyers to get their fill, or you can buy now and be thankful it's still the cheapest it has been in 3 years. If spot stays low long enough then new inventory will flow through the supply chain and eventually premiums will come down, but only if the buyers dissipate.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1693204, member: 29012"]The price is whatever people are willing to pay. If you don't want to pay the premiums somebody else will, or else the business will lose money and have to lower them. The market takes care of itself. You're not going to see prices any cheaper unless inventories get replenished, and even then that's only if they don't get drained again, and only if dealers can't still make the sale at higher premiums. As it is most dealers are having trouble sourcing inventory which is weeks out. I bought at $25 and ever since then premiums have risen to negate any spot price declines. Premiums will continue to rise if spot drops. So you can either wait and hope that spot stays low long enough for inventories to refill and all the other buyers to get their fill, or you can buy now and be thankful it's still the cheapest it has been in 3 years. If spot stays low long enough then new inventory will flow through the supply chain and eventually premiums will come down, but only if the buyers dissipate.[/QUOTE]
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HELP ETf Vs. futures and % above spot for PM's
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