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Re: [TCML] What's up with Copper Prices?
In a message dated 12/9/08 7:21:01 P.M. Eastern Standard Time,
dogbrain_39560@xxxxxxxxx writes:
>So how come this hasn't filtered down to our hobby?
Because the inventory on the shelves of the people you're buying wire
from was purchased at high prices.
Until they sell the wire they paid a lot for, and replace it with wire
they bought for cheap, they aren't going to drop their prices. Otherwise, they
would be losing money (buy high sell low!).
Of course, if they don't lower their prices enough to make sales,
they'll be out of business with an inventory that's worth a lot less than what they
paid for it.
FWIW, a lot of people are still waiting for ammunition prices to come
down. Unfortunately, the price of copper is just one factor out of about 20
that are keeping the prices high. So count your blessings that you only want
some cheap wire!
-Phil LaBudde
Center for the Advanced Study of Ballistic Improbabilities
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