Parson
Member
I was thinking that since gold has dropped so much, the price of 18k nibs should come down dramatically as well, but like gasoline, what skyrockets does not fall back down nearly as quickly.
If I had $5000 or more in 18k nibs (my hard cost) in inventory, purchased when gold was at it's peak price last year, I would not want to cut the prices for each nib to match the competition, if there's any competition for nibs out there to speak of.
Which leads me to my next thought. There's an opportunity here for someone to buy nibs from Bock at current gold prices and sell them for a lot less than anyone else, assuming Bock isn't selling nibs at wholesale prices that reflect their astronomical cost of gold purchased last year!
All this to ask, do you think gold nib prices will come down anytime soon?
I'd like to have a few in inventory for my snooty customers, but I ain't paying last year's gold prices if the nib isn't pre-sold!
If I had $5000 or more in 18k nibs (my hard cost) in inventory, purchased when gold was at it's peak price last year, I would not want to cut the prices for each nib to match the competition, if there's any competition for nibs out there to speak of.
Which leads me to my next thought. There's an opportunity here for someone to buy nibs from Bock at current gold prices and sell them for a lot less than anyone else, assuming Bock isn't selling nibs at wholesale prices that reflect their astronomical cost of gold purchased last year!
All this to ask, do you think gold nib prices will come down anytime soon?
I'd like to have a few in inventory for my snooty customers, but I ain't paying last year's gold prices if the nib isn't pre-sold!