[meteorite-list] Re : Re : Moroccan business meteorite is suffering

From: Michael Gilmer <meteoritemike_at_meteoritecentral.com>
Date: Sun, 5 Jun 2011 20:46:50 -0400
Message-ID: <BANLkTimgRv-9AKAak9EnvABupf1b0KdqEg_at_mail.gmail.com>

I've been saying it for years - buy low as possible, sell high.

Go on open market, buy a $10 micromount.

Cut that 1-inch square micro into 10 smaller squares and sell each
square for $5.

If you cannot afford a saw, whack the micro with a hammer and sell
each piece for $5.

Bingo, you have just quintupled your money before expenses and overhead.

Do this on 50-100 micros a month and your rent is paid.

Lather rinse repeat.

There is so much profit potential in meteorites - even with the
wholesale prices climbing. The key is adjusting one's business model.

The old-school business model says to take that 1-inch square micro
you bought for $10 and resell it (intact) to a single buyer for $20 or
$25. That same business model also says to do it on eBay where now
give almost 30% of your gross revenue to a multi-billion-dollar
corporation. If people cling to that business model, they will watch
their profits dwindle to the level they could make selling stamps,
Pokemon cards, or anything other collectible.

Embrace the Bessey Speck! ;)

Best regards,

MikeG



On 6/5/11, bill kies <parkforestmet at hotmail.com> wrote:
>
> Carl, your analogy is so flawed it isn't worth debate. When profits dwindle
> it's time to find another business. Welcome to free trade and capitalism
> Aziz.
>
> Bill
>
>
> ----------------------------------------
>> Date: Sun, 5 Jun 2011 19:43:16 -0400
>> From: cdtucson at cox.net
>> To: parkforestmet at hotmail.com; azizhabibi at yahoo.com
>> Subject: Re: [meteorite-list] Re : Re : Moroccan business meteorite is
>> suffering
>> CC: meteorite-list at meteoritecentral.com
>>
>> Bill,
>> Aziz's worries are very real here.
>> Yes, in an ideal world you are correct. But,
>> Aziz and others make their living buying and selling meteorites. No. you
>> cannot eat them but, the same can be said about oil and energy in general.
>> These dealers are no better off than oil investors. When hedge funds or
>> anyone else corners a market as they have. The market gets controlled by
>> them and if you want to stay in business you have to pay the price.
>> Remember these hedge funds types have a lot of money. They CAN afford to
>> sit on the material until a willing buyer comes along. It is a lose , lose
>> situation.
>> Market manipulation is very real and until outlawed it will continue to
>> put undue pressure on the smaller dealers like Aziz and others. They must
>> either pay the asking price or go out of business. Very sad but true. So,
>> Aziz must pay the price and hope he can convince others to pay his new and
>> inflated asking price. In America the opposite is happening with
>> meteorites. EBay has forced the prices down. So, if you make a living with
>> eBay you must adjust . If you make a living with Nomads you must adjust.
>> Carl
>> --
>>
>> "Democracy is two wolves and a lamb voting on what to have for dinner.
>> Liberty is a well-armed lamb contesting the vote".?
>>
>>
>>
>> ---- bill kies wrote:
>> >
>> > Exactly. When the seller demands more than the buyer is willing to pay,
>> > the seller either adjusts his prices or keeps his merchandise. Supply
>> > and demand is more applicable to necessities than extravagances. None of
>> > us can eat meteorites, well, most of us can't or won't.
>> >
>> > Extremely rare material is an exception I suppose.
>> >
>> > Bill
>> >
>> >
>> > ----------------------------------------
>> > > Date: Sun, 5 Jun 2011 15:08:34 -0700
>> > > From: azizhabibi at yahoo.com
>> > > Subject: Re : [meteorite-list] Re : Moroccan business meteorite is
>> > > suffering
>> > > To: meteorite-list at meteoritecentral.com
>> > > CC: parkforestmet at hotmail.com
>> > >
>> > >
>> > >
>> > > bill
>> > > this is not a good theories, at all,
>> > >
>> > > offer and demand make the rules of prices in the market , there is an
>> > > equation
>> > > of equilibre between offer and demand , and also rarity,
>> > >
>> > > plusieurs facteurs sont responsable de l'equation des prix , offre
>> > > demande ,
>> > > rarete , type luxe ou nessecite, besoin anssi de suite,
>> > >
>> > > a plus
>> > >
>> > > aziz h
>> > >
>> > >
>> > >
>> > > ----- Message d'origine ----
>> > > De : bill kies
>> > > ? : azizhabibi at yahoo.com
>> > > Cc : meteorite-list at meteoritecentral.com
>> > > Envoy? le : Dim 5 juin 2011, 23h 20min 38s
>> > > Objet : RE: [meteorite-list] Re : Moroccan business meteorite is
>> > > suffering
>> > >
>> > >
>> > > That's how markets evolve. When suppliers realize the fact that their
>> > > unrealistic prices aren't getting them anywhere, they'll loosen up.
>> > > It's the
>> > > same everywhere.
>> > >
>> > > Bill
>> > >
>> > > ----------------------------------------
>> > > > Date: Sun, 5 Jun 2011 07:34:29 -0700
>> > > > From: azizhabibi at yahoo.com
>> > > > To: meteorite-list at meteoritecentral.com
>> > > > CC: almitt at kconline.com
>> > > > Subject: [meteorite-list] Re : Moroccan business meteorite is
>> > > > suffering
>> > > >
>> > > > al
>> > > >
>> > > > if the meteorite are intersting or unique or new unpaired material
>> > > > we pay a
>> > > >good
>> > > > price , we gamble this is the proper term in hope to find planetary
>> > > > meteorite:
>> > > > we are lately more gambling than buying meteorite or earth rock that
>> > > > look like
>> > > > meteorite,we call those suspecious meteorite and many martian and
>> > > > lunar come
>> > > > from those,
>> > > >
>> > > > but to the fact that some old fall are in sales now for more than
>> > > > what they
>> > > > were when found this is also true;
>> > > >
>> > > > most of the nomade keep there stone because we can't pay the price
>> > > > they are
>> > > > asking,
>> > > >
>> > > >
>> > > >
>> > > > take care
>> > > >
>> > > > aziz h
>> > > >
>> > > >
>> > > > The question is will dealers pay more if they can't make any money
>> > > > on
>> > > >specimens?
>> > > > Seems like you can buy old falls for as much or less than the new
>> > > > stuff coming
>> > > > out of the Sahara. Unless it is something like lunar, martain or
>> > > > ultra rare
>> > > > material specimens. Best!
>> > > >
>> > > > --AL Mitterling
>> > > >
>> > > >
>> > > > ----- Original Message ----- From: "habibi abdelaziz"
>> > > > To: "meteorite list"
>> > > > Sent: Sunday, June 05, 2011 8:22 AM
>> > > > Subject: [meteorite-list] Moroccan business meteorite is suffering
>> > > >
>> > > >
>> > > > > hello all
>> > > > > price are high very high, , there is no more meteorite found like
>> > > > > old time;
>> > > > > you want to have meteorite in sahara desert you have to pay more ;
>> > > > > and more
>> > > > and
>> > > > > more
>> > > > >
>> > > > > so simpley and so sadly ;
>> > > > > the field are drying , so simple
>> > > > >
>> > > > > aziz h
>> > > > > ______________________________________________
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Received on Sun 05 Jun 2011 08:46:50 PM PDT