G79 0.00% 2.7¢ goldoz limited

It is almost certain no one will ever know, that is how this...

  1. 3,881 Posts.
    It is almost certain no one will ever know, that is how this business works because the mark-ups at each stage of the supply chain are quite outrageous at times, so transparency is closely guarded.

    Once again, we are talking about a veblen good here, not iron ore. All your previous intuitions are out the window.

    A Veblen good is a luxury item whose price does not follow the usual laws of supply and demand. Usually, the higher the price of a particular good the less people will want it.
 
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