Art Fair Insiders

Call for Artists, Making Money at Juried Art Fairs, Craft Shows and Festivals

 The price of silver has fallen over twenty five percent in just a few days with oil following behind.  Maybe we might be able to afford to buy fuel this summer and if you're a silversmith maybe you can afford materials.  All of the pros saying the cost of gas is due to demand were dead wrong. Turns out there is a severe glut. I wonder what the presidential commission will have to say about this?

Views: 4

Reply to This

Replies to This Discussion

I noticed the drop in silver also! I bought some at $42 or $43 yesterday, then again later at $39. Now it's at $36 something. It felt so good to see it drop under $40.
I'm glad I didn't buy the wire that was in my "shopping cart" last week. I wonder if this trend will continue.

It's really hard to get projects going when 50gm from the PMC guild was $108.50. Clients will not pay up.

 

Let's keep our fingers crossed!

I just bought a new kiln and hate to see it sit idle!

Hold off buying silver until after Monday, they're going to raise the margins on silver for the 5th time in two weeks on Monday which should drive the price down even farther.
Now if the predictions of fifty cent drop in gas happen, we might have a good summer!
thanks for the info, Lori!
I've seen it drop over the last few days and though "damn, why did I buy that silver 2 weeks ago...?"  Luckily the AUD was also up so it probably evened the cost out!
There is an upside to this. Silver isn't "cheap" anymore :) I, for one, am ecstatic about the price increase.

RSS

Free Email Updates!

1nbCard.com

Vistaprint Business Cards

SPECIAL OFFER:
Ready to Make Money at Art Fairs?
Here are answers from Connie Mettler,  Publisher of ArtFairInsiders.com: Special Report I:
17 Secrets to Success at Art Fairs
and
Special Report II: Getting Into Art Fairs - 20 Questions Answered

Download these ebooks now in a special package deal: Only $24.95!
For more information...

Make Money at Art Fairs

© 2012   Created by Connie Mettler.

Badges  |  Report an Issue  |  Terms of Service