TommyMN wrote:Shipyard wrote:TommyMN wrote:Karma will deal with the price gouging psychos.
i still fail to see how the current climate is "price gouging"
this is panic buying. it's totally different. it's not like anyone who makes high cap mags and lowers and AR's is out of business and there will never be another. it's not like you can't wait 3 weeks for the supply chain to catch up and see where it's at. NOTHING states that this is a permanent condition, and if it is, that's the market bearing supply and demand.
you're not stranded in the desert 100 miles from anything and i'm not standing in front of you with a full gas can and a hard on.
not one bit.
You may have well be. I want an ar. I can't get one without doubling what it's really worth. It's a false market.
There is no such thing as a false market. A market is just that.... a market. If the market is false, go to the real market and buy PMAGs for $10 and PSA lowers for $69 delivered. If you truly believe that you'll be able to see that market again, by all means, wait. The people paying these prices are obviously betting otherwise.
Perhaps you're identifying an arbitrage. in that case, one would either sell into this market or short it, hoping to buy back into a lower market. (Shorting being a difficult strategy with firearms, ie the act of selling a gun you don't own and buying it back at a lower price at a later date.) The market can work for you as well as against you. The reward is only offset by the potential loss. This is the tangible component known as risk.
I know what you're thinking... all this talk of buying and selling is immoral and unpatriotic and isn't being a good gun-guy citizen. That may be true, but thats how markets work... of course I'm not the one who called it a market.
I agree with Shippy on this. Don't be haters. If you're offended by the price, don't buy. Mind your own business. Take a hike.
If you "know" the market is too high, either do something to benefit from it or choose not to participate. I've been in finance for 15 years now. Nobody I know has the clairvoyance to KNOW what the market is going to do. Nobody can accurately predict future events with any certainty.
On the other hand, if you do have this gift, please do know that Wall Street is hiring, and we could use a smart guy like you.
When I see five weirdos dressed in togas stabbing a guy in the middle of the park in full view of 100 people, I shoot the bastards. That's my policy.
- Sergeant Frank Drebin, Detective Lieutenant - Police Squad