Message:

<p>[QUOTE=&quot;medoraman, post: 1732513, member: 26302&quot;]First, a good dealer should hedge his positions. He should always have downside protection so he is not in this position. Second, in a falling market dealers have ALWAYS tried to get a higher premium. Sometimes it works, like in 2008 they kept their premiums up and the PM market came back. Sometimes it backfires like for those dealers in the last month or two keeping their premiums up but the market kept falling. They would have been better off selling everything they had ASAP. </p><p><br /></p><p>Knowledge is your best protection. Know the spot market price, know what premiums are traditionally charged, and do not be one of those who get hosed by too high a premium.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in