<< <i>With several deals like this going on right now I wounder if they expecting a further drop in spot price. Makes me think so.
oilstates2003 >>
Maybe they'll all get together and opt to sell vs cost and not vs what spot is. Or do you suppose they are selling short? Or they want to dump inventory before they are forced to sell it at a loss.
Silver (May'14) (@SI.1 :CEC:COMMODITIES EXCHANGE CENTRE) * Data is delayed 19.84 USD Last Trade 0.132 (+0.67%) Change 21,207 Volume 10:33:18 AM EDT Trade Time
<< <i>With several deals like this going on right now I wounder if they expecting a further drop in spot price. Makes me think so.
oilstates2003 >>
I can tell you it just doesn't work this way. Only the smallest dealers try to call markets. The big guys don't hardly pay any attentions to up, down, or sideways in terms of making selling decisions. It's all hedged anyway and the dealer is just capturing the spread. No direct benefit from a rising market and no pain from a declining market. It amazes me how many are unaware of this...
Fast movements in either direction only benefit dealers in terms of the buzz that stimulates sales.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
Comments
The decline from democracy to tyranny is both a natural and inevitable one.
<< <i>You the seller? >>
I never charge for shipping!
Ops...wanted to add a link...
Fixed the title, it's Provident!
oilstates2003
Successful BST transactions with -Youngcoin15, Ajbauman, Metalsman, carew4me, SportsModerator1, Ahrensdad, bstat1020, piecesofme , bigmarty58, Smittys, tydye,DRG ,Coll3ctor, Ciccio, cajun, Swampboy,Excalibur,lordmarcovan,themaster,RedHerring, many more!!!
<< <i>With several deals like this going on right now I wounder if they expecting a further drop in spot price. Makes me think so.
oilstates2003 >>
Maybe they'll all get together and opt to sell vs cost and not vs what spot is. Or do you suppose they are selling short? Or they want to dump inventory before they are forced to sell it at a loss.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
Oilstates2003
Successful BST transactions with -Youngcoin15, Ajbauman, Metalsman, carew4me, SportsModerator1, Ahrensdad, bstat1020, piecesofme , bigmarty58, Smittys, tydye,DRG ,Coll3ctor, Ciccio, cajun, Swampboy,Excalibur,lordmarcovan,themaster,RedHerring, many more!!!
Worry is the interest you pay on a debt you may not owe.
* Data is delayed
19.84 USD
Last Trade
0.132 (+0.67%)
Change
21,207
Volume
10:33:18 AM EDT
Trade Time
Its going down..back up your truck
<< <i>With several deals like this going on right now I wounder if they expecting a further drop in spot price. Makes me think so.
oilstates2003 >>
I can tell you it just doesn't work this way. Only the smallest dealers try to call markets. The big guys don't hardly pay any attentions to up, down, or sideways in terms of making selling decisions. It's all hedged anyway and the dealer is just capturing the spread. No direct benefit from a rising market and no pain from a declining market. It amazes me how many are unaware of this...
Fast movements in either direction only benefit dealers in terms of the buzz that stimulates sales.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
Oilstates2003
Successful BST transactions with -Youngcoin15, Ajbauman, Metalsman, carew4me, SportsModerator1, Ahrensdad, bstat1020, piecesofme , bigmarty58, Smittys, tydye,DRG ,Coll3ctor, Ciccio, cajun, Swampboy,Excalibur,lordmarcovan,themaster,RedHerring, many more!!!