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Old 04-01-2013, 13:51   #376
kents
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So what you're saying is... you just don't like it.
I'm saying that it's a game played by selfish aholes who disregard the negative impacts of their behavior and write it off because "it's legal".
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Old 04-01-2013, 13:52   #377
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I don't care if its legal, or who caused it.

If someone is buying AT RETAIL STORES and reselling then their "business" is to screw people over out of greed.
What do you think retailers do? Their entire business involves buying stuff, then turning around and marking it up. Is it your opinion that what they do is OK, but buying retail and selling for more is wrong?

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Old 04-01-2013, 13:58   #378
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I'm saying that it's a game played by selfish aholes who disregard the negative impacts of their behavior and write it off because "it's legal".
That is an opinion..
I don't understand it but I respect your right to express it.

So again, you just don't like it.
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Old 04-01-2013, 14:00   #379
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If you want to pretend that legitimate retailing and profiteering are the same thing - then that is your right.

Seems pretty indicative of the exact point I made.
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Old 04-01-2013, 14:02   #380
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Quote:
Originally Posted by kents View Post
If you want to pretend that legitimate retailing and profiteering are the same thing - then that is your right.

Seems pretty indicative of the exact point I made.
Buying and selling is buying and selling. How does it make a difference if the item was bought from a retail establishment or a wholesale establishment?
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Old 04-01-2013, 14:03   #381
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Quote:
Originally Posted by kents View Post
I'm saying that it's a game played by selfish aholes who disregard the negative impacts of their behavior and write it off because "it's legal".
How is it selfish?

What negative impacts does it cause when things are sold at market prices?
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Old 04-01-2013, 14:15   #382
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If you want to pretend that legitimate retailing and profiteering are the same thing - then that is your right.

Seems pretty indicative of the exact point I made.
Buying low and selling high is the whole point of reselling, regardless of who is doing it. You're saying its OK for Walmart to make a profit doing that, but if an individual does the same its wrong?

The only pretending involved is being done by those who think basic rules of supply and demand don't exist, or that they somehow shouldn't apply to ammunition.

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Last edited by GT86; 04-01-2013 at 14:17..
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Old 04-01-2013, 14:18   #383
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Define "profiteering".


prof·it·eer (prf-tîr)
n.
One who makes excessive profits on goods in short supply.
intr.v. prof·it·eered, prof·it·eer·ing, prof·it·eers
To make excessive profits on goods in short supply.



What defines a profit in this case as "excessive" ?
You, because others are wiling to pay more?


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Old 04-01-2013, 14:20   #384
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"Profiteering" - whatever price I don't like which results in a profit I disagree with.
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Old 04-01-2013, 14:21   #385
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How is it selfish?

What negative impacts does it cause when things are sold at market prices?
So you believe what the Hunt brothers did in 1979 and 1980 to the Silver Market was the right thinkg to do? That it had no negative impact?

All of the silver was sold at "market" prices.
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Old 04-01-2013, 14:25   #386
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Originally Posted by GT86 View Post
What do you think retailers do? Their entire business involves buying stuff, then turning around and marking it up. Is it your opinion that what they do is OK, but buying retail and selling for more is wrong?

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Talk about oversimplification, but I guess it does bolster your argument.

Retailers do far more than just purchase stuff, mark them up, and resell them. They create a market for items, they also guarantee that market and allow economies of scale for manufacturers. Wal-Mart, as hated as they are, causes products to exist that wouldn't otherwise exist, at prices far lower than such a product could be purchased otherwise.

It's outfits like Wal-Mart that keep items like ammo at low prices to begin with. They get good deals from the manufacturer by ordering in huge quantities with guaranteed contracts, and they can undercut small outfits and keep prices down in general.

There is much more about retailing than just buying and selling, and to compare them to speculators is really silly.
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Old 04-01-2013, 14:25   #387
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"Define "profiteering"."


LOL.

Let the hair splitting begin!

Last edited by kents; 04-01-2013 at 14:26..
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Old 04-01-2013, 14:29   #388
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If you decided to get into the "ammo biz" after noticing an opportunity to take advantage of the shortage by buying at retail channels forcing others to pay trumped up prices, you are a profiteer.

Simple enough?
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Old 04-01-2013, 14:41   #389
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Originally Posted by racerford View Post
So you believe what the Hunt brothers did in 1979 and 1980 to the Silver Market was the right thinkg to do? That it had no negative impact?

All of the silver was sold at "market" prices.
it cost them north of a billion dollars on the margin call if I'm not mistaken. In their case, they made the market. Silver demand wasn't outstripping supply, like in the case of ammo. They speculated on leverage and the exchange whacked them down.

On the other hand, the guys buying and selling ammo aren't making the market. It didn't start with them.

Not the same thing so why do you bring it up?

Last edited by certifiedfunds; 04-01-2013 at 14:44..
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Old 04-01-2013, 14:43   #390
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Originally Posted by kents View Post
If you decided to get into the "ammo biz" after noticing an opportunity to take advantage of the shortage by buying at retail channels forcing others to pay trumped up prices, you are a profiteer.

Simple enough?
So you're saying there's a shortage? What happens in a shortage?

By the way, how are they FORCING others to pay "trumped up" prices?

This is laughable
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Old 04-01-2013, 14:45   #391
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I don't care if its legal, or who caused it.

If someone is buying AT RETAIL STORES and reselling then their "business" is to screw people over out of greed.
Keep telling us we're to have fun
Then take all the ice cream so we've got none


The grabbing hands
Grab all they can
All for themselves
After all
It's a competitive world

PS.

Did I mention I like ice cream? My favorite part of the flight to Germany is Ice Cream time. I normally get caramel, chocolate and cherries on my sundae


I guess I am greedy 'cause some people get none
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Old 04-01-2013, 14:49   #392
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Why do some many people think shellfish is bad?
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Old 04-01-2013, 14:49   #393
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Quote:
Originally Posted by DanaT View Post
Keep telling us we're to have fun
Then take all the ice cream so we've got none


The grabbing hands
Grab all they can
All for themselves
After all
It's a competitive world

PS.

Did I mention I like ice cream? My favorite part of the flight to Germany is Ice Cream time. I normally get caramel, chocolate and cherries on my sundae


I guess I am greedy 'cause some people get none
If you folks weren't buying up all the business class seats, prices would fall and maybe some regular working class Joes would get chance to enjoy a sundae.

Instead you're forcing them to settle for peanuts and a tiny glass of diet coke.
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Old 04-01-2013, 14:52   #394
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Why don't any of these people have any sympathy for people who don't want to or can't be waiting in line at Wal Mart every morning at 7am?

Or people who need more than a measly 3 boxes?
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Old 04-01-2013, 14:52   #395
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Originally Posted by certifiedfunds View Post
it cost them north of a billion dollars on the margin call if I'm not mistaken. In their case, they made the market. Silver demand wasn't outstripping supply, like in the case of ammo. They speculated on leverage and the exchange whacked them down.

On the other hand, the guys buying and selling ammo aren't making the market. It didn't start with them.

Not the same thing so why do you bring it up?
Actually they were caught out because they changed the market regulations on them.

My point was they had a negative impact on the market. It was an example. Second all selling was done at the "market" so it must have been OK, by you.

You didn't actually answer the question.
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Old 04-01-2013, 14:57   #396
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So you're saying there's a shortage? What happens in a shortage?

By the way, how are they FORCING others to pay "trumped up" prices?

This is laughable
The shortage is being compounded by profiteering.

Profiteering artificially raises consumer prices due to greed.

What's so difficult to understand?
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Old 04-01-2013, 14:58   #397
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Originally Posted by certifiedfunds View Post
If you folks weren't buying up all the business class seats, prices would fall and maybe some regular working class Joes would get chance to enjoy a sundae.

Instead you're forcing them to settle for peanuts and a tiny glass of diet coke.
That is probably true. Why do I deserve ice cream?

I like ice cream though. It is the best part of the flight.
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Old 04-01-2013, 14:59   #398
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Actually they were caught out because they changed the market regulations on them.

My point was they had a negative impact on the market. It was an example. Second all selling was done at the "market" so it must have been OK, by you.

You didn't actually answer the question.
The question is nonsensical. Do you have a pair of billionaires buying up all the paper ammo contracts available on margin?

No. You have a couple of guys out hustling some other guys because retailers create an opportunity for them by holding prices artificially low and creating a shortage.

Hell, most of these guys aren't content to complain about the resellers. They also rant and rave when a normal RETAILER raises prices appropriately.

They just don't like the price.

Last edited by certifiedfunds; 04-01-2013 at 15:00..
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Old 04-01-2013, 15:01   #399
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So, during the flight there are snacks in the galley.

I have learned that I can have as much fruit (bananas, oranges, apples), chips, chocolate as I want.

So what I do, is I stuff my pockets full and walk to the back galley. Then I undercut the airline and sell apples for $3 each. I am selling beers for $5 instead of the $6 the airline charges for them.
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Old 04-01-2013, 15:02   #400
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Quote:
Originally Posted by kents View Post
The shortage is being compounded by profiteering.

Profiteering artificially raises consumer prices due to greed.

What's so difficult to understand?
The prices aren't artificially raised.

What is an "artificial" price increase?

Greed is demanding that a retailer sell you ammo at yesterday's prices. THAT is greed.
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