Post new topic Reply to topic  [ 3 posts ] 
Author Message
PostPosted: Fri Jan 23, 2026 3:47 pm 

Joined: Wed Dec 31, 2025 6:07 pm
Posts: 20
Just out of curiosity, i seen today that gold fingered ram is paying $54/pound now. Up from $49/pound. I sent in a couple shipments that included gold fingered ram. The invoices were generated when it was $49/pound but hasn't been paid out yet. When they get paid out will amount reflect the current price or for when the invoice was generated?

_________________
Ryan Keller
Keller's Custom Services


Top
 Profile  
 
PostPosted: Fri Jan 23, 2026 6:47 pm 

Joined: Sat Nov 29, 2014 9:44 pm
Posts: 1662
Location: I'm right here :D
Prices do change on occasion especially if gold prices fluctuate. I would expect your quoted price to be the price you're paid. It stinks when the price goes up but it protects you if the price drops.

But...maybe you get a nice surprise ¯\_ (ツ)_/¯

_________________
Here to learn more so I can recycle more
My grades are my own opinion and not an official grade from Boardsort


Top
 Profile  
 
PostPosted: Fri Jan 23, 2026 8:15 pm 
User avatar

Joined: Mon Apr 15, 2024 9:38 pm
Posts: 270
Boardsort sets the price. That is a basic statement in Economics. The business sets price. Boardsort or any other business does not just wake up in the morning and set price. It involves long term goals. Risks. Obligations. Think about it. Boardsort could be in long term contract to deliver escrap at a set price. So now that escrap has to be delivered at that contract price. Even though it went up. And at the quanity negotiated. Yet. Boardsort has to remain competitive. And buy escrap at higher prices. To remain in the market. Even if Boardsort has to purchase escrap at a higher price than the contract price. Ok. I know I am talking the current short selling in the Silver market. But. Same difference.
You getting paid out at what the current price was. Is fair. If you get a perk. Beautiful. I went through the same thing you are sharing. I missed the price increase by a day or two.I recieved what I submitted my escrap at. It is fair.
Here to learn like everybody else.


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 3 posts ] 

All times are UTC - 5 hours [ DST ]


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Jump to: