Originally posted by dustoffer
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If it was you’re gold pipeline and it took 15-45 days to get the gold from the ground to and through the pipeline and refinery and transport to a filling station would you sell the gold for a certain profit margin based on your cost or would you sell the gold for as much as you can? High or low, win or loose the producers and retailers sell their products for as much as they can, sometimes at a loss, but never at a flat multiplier or margin over cost.
The companies job is to maximize profits, not provide the gold (or gas, or oil, or diesel, or steel, or whatever other commodities we could plug int this fact of life)
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