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Why are the premiums for Platinum so high?
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<p>[QUOTE="Randy Abercrombie, post: 3261641, member: 92655"]Speaking as a businessman rather than a PM trader..... A business cannot keep its doors open at a 4% premium. And when you ask a business to buy back their product, in effect they are showing you that 4% will be their overhead when they re-sell the piece. If my salesmen made 4% deals, they wouldn't be my salesmen for very long.[/QUOTE]</p><p><br /></p>
[QUOTE="Randy Abercrombie, post: 3261641, member: 92655"]Speaking as a businessman rather than a PM trader..... A business cannot keep its doors open at a 4% premium. And when you ask a business to buy back their product, in effect they are showing you that 4% will be their overhead when they re-sell the piece. If my salesmen made 4% deals, they wouldn't be my salesmen for very long.[/QUOTE]
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Why are the premiums for Platinum so high?
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