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Wow. PM prices decreasing dramatically.
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<p>[QUOTE="medoraman, post: 1662813, member: 26302"]Short term this ALWAYS happens. What is happening is dealers and sellers expect it to go back up. So they are holding supply. This has happened on every pm decrease i have ever seen for the last 35 years. Either pm will go back up and dealers and sellers will again sell, or it stays down and after a while cash flow forces dealers and sellers to sell at the new lower price. Same storied repeated over and over. If anything, i would been shocked if this hadn't happened this time.</p><p><br /></p><p>Therefor, i find nothing really noteworthy about it. Its expected. Heck, i wrote here about it over a year ago.</p><p><br /></p><p>If 8 months to a year from now there is still such a physical shortage that would be more telling, but not short term. Short term is basically dealers not wishing to sell at what they view as a short term low.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1662813, member: 26302"]Short term this ALWAYS happens. What is happening is dealers and sellers expect it to go back up. So they are holding supply. This has happened on every pm decrease i have ever seen for the last 35 years. Either pm will go back up and dealers and sellers will again sell, or it stays down and after a while cash flow forces dealers and sellers to sell at the new lower price. Same storied repeated over and over. If anything, i would been shocked if this hadn't happened this time. Therefor, i find nothing really noteworthy about it. Its expected. Heck, i wrote here about it over a year ago. If 8 months to a year from now there is still such a physical shortage that would be more telling, but not short term. Short term is basically dealers not wishing to sell at what they view as a short term low.[/QUOTE]
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Wow. PM prices decreasing dramatically.
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