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RE: What Di I Say 3 Days Ago, Silver Set to be Hammered Down, Again Again

in #gold • 8 years ago

How low will she go? Now that's the million dollar question... But like petrol prices here in the UK, it takes forever for the dip to be passed to the consumer. When the price falls the sale price holds, but the second we have any increase the sale price increases in line with spot. I believe it's called feather and rocket retail. Up like a rocket, fall like a feather.

8 years ago in #gold by
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     8 years ago 

    Don't a lot of bullion websites have their products tied to spot? So when you refresh the page several times a day your shopping cart is always different. Rocket up rocket down?

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       8 years ago 

      Hahaha, this is true. Unfortunately I can't afford enough to buy in bulk from the big boys apmex, bullion by post etc.... I'm stuck in the second hand market and this never reflects spot price.

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