Author Topic: Precious Metal Price Fluctuations  (Read 2051 times)

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  • Guest
Precious Metal Price Fluctuations
« on: September 23, 2002, 08:44:00 AM »
The precious metal market is very volatile.  For example, in Jan 2001 Palladium was about $1000 an ounce.  I read a while ago that a big company thought that it was going to keep going up and bought a whole bunch as a reserve.  Then they had to post a huge loss recently because the price is so low now.  Today, it is only about $340 an ounce.  My question is, approximately how long does it take for the price to affect for example PdCl2 or Pd/C prices on the retail level, for example 25 grams.  Are we not getting ripped off on PdCl2?  Back in TS2 days, PdCl2 was only like $6.50 a gram.  Now, if we check Palladium prices back in 1998 when TS2 was published, the price range from Jan to Dec 1998 was $200-$400 per ounce.  Right now the price is $340 per ounce.  So why are the bastards charging $16+ per gram?  Shouldn't it be more like <$10?


  • Guest
« Reply #1 on: September 23, 2002, 01:43:00 PM »
you already answered your own question.  two different ways, actually. 

one, you asked how long.  as long as it takes them to get the expensive stuff through their supply chain (with a long lag to maximize profits, think like an oil company). 

two, you illustrate the example of the company that lost a bundle by buying high and selling low.  they could have held onto it with the hope that it would go high again, but they'd lose that bet, or they could dump it at a loss.  but, if people are willing to pay high prices, they could hold onto it, and sell at whatever prices people are willing to pay... like they are now.

Nymphomania is not a disease  - its a goal!  (Methadist on Rosemary Kennedy)


  • Guest
So buying from a manufacturer would be ideal
« Reply #2 on: September 23, 2002, 01:55:00 PM »
So probably the manufacturers since they already sold the expensive stuff now are selling the cheap stuff.  And the buyers will not pay higher prices.  So, the manufacturers' price is probably incredibly low right now, like maybe $9/gram right?  So how much do manufacturers like say in china or something sell minimum when it comes to precious metal salts like this?  Maybe a kilo or so?  Or more?  ::)


  • Guest
« Reply #3 on: September 24, 2002, 04:25:00 AM »
Think of where the stuff is produced, Russia, Australia...

You have to have a business set up anyway.
You always get samples at the same price as would be on kilos/tons.  :)
Only freight is added mostly, not always.

always a good idea is to inform yourself about the specialities of the country you are dealing with, and how to behave the right way when contacting and communicating.

it´s only you who makes the people decide:
- get´s a sample or not
- has to pay freight or not
most beloved:
- has to pay freight, nothing for the sample, freight costs considered to low for collection.


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