Originally posted by: PhoenixOrion
Originally posted by: woodie1
I wonder why prices are not falling if there is no demand. I've got cash to spend but not at current prices.
A possibility is that the commodity producer needs to sell at the inflated price and not at the fair value price in order to meet his margins.
ie, the Lexus salesman only needs to sell 1 car while the used-car dealership next door needs to sell 10+ cars to meet the same profit margin.
Doesn't matter to me. I'll sit and wait until the price is right.