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<p>[QUOTE="InfleXion, post: 1453858, member: 29012"]I was just pointing out that even though eBay is higher (comparatively) than most other venues it is still a representation of what people are willing to pay. Yes the smart money will steer clear and go for the better deals, and there is no shortage of them, but nobody ever said the marketplace excluded dumb money. Not to say it doesn't happen, but it seems to me that a lot of other items on eBay are much closer to their retail value if not much cheaper on eBay where as metals are the opposite. This says to me that there are more people who want to buy metal than are educated about it, which lends creedence to the eBay marketplace being a more accurate representation of market sentiment than the big PM dealers who as I've stated hedge their positions and could care less if they sell at a loss. A lot of this is just my opinion so take it for what it's worth.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1453858, member: 29012"]I was just pointing out that even though eBay is higher (comparatively) than most other venues it is still a representation of what people are willing to pay. Yes the smart money will steer clear and go for the better deals, and there is no shortage of them, but nobody ever said the marketplace excluded dumb money. Not to say it doesn't happen, but it seems to me that a lot of other items on eBay are much closer to their retail value if not much cheaper on eBay where as metals are the opposite. This says to me that there are more people who want to buy metal than are educated about it, which lends creedence to the eBay marketplace being a more accurate representation of market sentiment than the big PM dealers who as I've stated hedge their positions and could care less if they sell at a loss. A lot of this is just my opinion so take it for what it's worth.[/QUOTE]
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