Ugly first...Ouch!! I mean, has anybody checked the $$ of silver lately? That's ugly! Last week, I placed a small order. Then silver was at $30. and change, and now it's above $33. Really? It's gone up over three dollars in less than a week. Prices keep going like this and I'm wondering...Are people going to pay those prices? Or do without?
Bad...I know what your saying...use copper or brass, right? But, that seems to be a hard sell for the shows I participate in. A lot of the clientele want sterling or gold. Not to say that I don't sell any copper pieces, just not nearly as many.
So this big increase in metal prices is leaving me a little anxious about this year's show season. I need to brainstorm, and come up with some creative ideas on how to use less sterling so that my price point will not sky rocket as well.
The good in all this you ask? Last week...the same day that I placed my order, I sent in all my sterling scrap. All 10.5 ounces of it, which leaves me a nice little bonus the next time I do place an order for silver. Yipee!
Which leaves me with this question for you. How are you becoming creative at keeping costs low during this madness?