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ChrisPer
.300 member


Reged: 12/05/08
Posts: 235
Loc: Australia
Re: Has the dropping US Dollar driven double prices up?
      31/07/08 10:48 AM

Quote:

Quote:

In 'normal' guns like Rugers, USD prices in the US would not respond to exchange rate shifts.






Not true, unfortunately. We have seen a marked increase in the price of guns and ammo in the last year, in large part due to the increased cost of materials. After all, metal is tied to an international price.




Fladude, you are right, the market in metals and commodities is wildly different now from a US viewpoint. Producers used to write contracts for iron ore with the Japanese in USD as hedges against our AUD or the Yen falling, and very stable it was for a long time - by definition it was therefore stable for US consumers. Now that the USD has eased against everyone else, and world demand in general rising, metal prices have gone through the roof in USD terms - and its going to the Chinese mills. Energy costs are huge too, the more the metal is refined the more of that steel price is not iron but coal!

Thanks for the correction. It is quite a change for us to feel that prices are going up both here AND there. But after seeing how the US economy shrugged off the rust belt's 1980s under-response to Japan, I am sure that US human energy will adjust and overcome, short, medium or long-term.

I still fancy a Wilbur Smith novel about international trade in double-gun derivatives though...

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Subject Posted by Posted on
* Has the dropping US Dollar driven double prices up? 500grains 08/07/08 03:55 AM
. * * Re: Has the dropping US Dollar driven double prices up? DUGABOY1   08/07/08 11:29 PM
. * * Re: Has the dropping US Dollar driven double prices up? bonanza   08/07/08 06:36 AM
. * * Re: Has the dropping US Dollar driven double prices up? 500Nitro   08/07/08 07:19 AM
. * * Re: Has the dropping US Dollar driven double prices up? Nakihunter   08/07/08 07:27 AM
. * * Re: Has the dropping US Dollar driven double prices up? ChrisPer   08/07/08 12:26 PM
. * * Re: Has the dropping US Dollar driven double prices up? Fladude   27/07/08 01:34 AM
. * * Re: Has the dropping US Dollar driven double prices up? ChrisPer   31/07/08 10:48 AM
. * * Re: Has the dropping US Dollar driven double prices up? armbar   08/08/08 03:54 AM
. * * Re: Has the dropping US Dollar driven double prices up? rigbymauser   08/08/08 05:07 AM
. * * Re: Has the dropping US Dollar driven double prices up? butchloc   09/08/08 06:15 AM
. * * Re: Has the dropping US Dollar driven double prices up? bwananelson   27/07/08 06:22 AM
. * * Re: Has the dropping US Dollar driven double prices up? Nakihunter   08/07/08 02:37 PM

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