What the actual hell is going on...

COVID has impacted supply chains but more to it than that - some of it also COVID related in terms of holding off investing in infrastructure, etc. but a lot of the semi-conductor fabs just can't output enough for the demand at the moment and have had a few hiccups of their own due to things like natural disasters, etc. which hasn't helped but also the cost of ramping these kind of facilities up is enormous and time consuming so they can't easily react to demand.

OldCoals said:
Of course you did.
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Whether he did or not I could have easily made a couple of grand doing similar - the treadmill I bought not long before the lockdown went up more than 3x in price and low supply and still £165 more than I paid for it now. Similar with some other gym stuff I'd picked up. I was sorely tempted to sell it but at the time we'd dropped down to less days but longer hours at work so as to keep people spread out as much as possible so I was actually getting some good use out of it on my days off.
 
Screenbeat said:
I have seen AMD 7950 selling on eBay for £100!!!

I cannot bring myself to list mine though!!! I love it!!
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I gave mine away early this year. Someone I know was building a PC on a very tight budget and didn't have enough for a discrete graphics card so I gave them my 7950. A fair bit better than the onboard they would have had and I had no use for it any more.

My guess is that more than a few people sold their graphics card to cover part of the cost of buying a new graphics card. Since buying a new graphics card is impossible now, they're stuck with paying whatever is being asked for whatever is on sale second hand.

Things are so bad there's vigorous competition in the shopping bot market. If your shopping bot is 10ms faster than your competitor's shopping bot, you sell more bots and make more money. Manual shopping is pretty much out of the question unless vendors go out of their way to rig the market to make it possible. One vendor, for example, added £2000 to the price of some graphics cards and sent discount codes for £2000 to people who bought them. Just to try to fend off the bots for a little while.

Supply chains are borked, all the way from mining raw materials to shipping the finished product, and economic uncertainty adds the cherry on top. This pandemic is going to cost a lot. Is it worth manufacturing lots of £500+ luxury items when so many people don't know if they'll still have a job in 6 months? Or if their business will still exist? Bit of a gamble, even if the company selling those items can actually get the materials and people and factory space to make them.
 
Angilion said:
economic uncertainty adds the cherry on top
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Yeah I think it is having a bigger impact even than is maybe obvious - the uncertainty is having even businesses that are doing fine being cautious - so not investing or expanding production, etc. as they normally would in the same circumstances.
 
In addition to the pandemic you also have brexit looming - the stock has got to come from somewhere, and there is a very good chance businesses could get badly burned with customs disputes if they choose to restock now. Ports are also jammed up.
I know a good many small businesses plan to sell the stock they currently hold, and take an extended christmas closure while they consider their options and see where things are in the new year.
There is a fair chance many of them won't reopen.
 
RandomMonkeH said:
In addition to the pandemic you also have brexit looming - the stock has got to come from somewhere, and there is a very good chance businesses could get badly burned with customs disputes if they choose to restock now. Ports are also jammed up.
I know a good many small businesses plan to sell the stock they currently hold, and take an extended christmas closure while they consider their options and see where things are in the new year.
There is a fair chance many of them won't reopen.
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I also reckon even with a vaccine and the virus being ultimately almost eradicated with time less people will be going out as much especially those with serious underlying conditions and the elderly. Some will and some won't, will people risk it with young children especially babies with not as well versed immune systems?

The high street has already lost 2 massive chains last week and another the week before. You can predict more to follow.

Will hotels be able to survive. Not many can be getting enough custom with travel being restricted as well as people not wanting to risk it.

The new consoles have done well as will any really popular product that can never meet demand that's always been the case with them. Some people will be prioritising purchases better and maybe this Christmas boom won't be as large as retailers think. Will the January sales even be busy?

The fear is the worst is yet to come for the retail sector. Especially high street stores. Online retailers will be fine.
 
I was flirting with buying an MSI 3090 gaming trio for around £1530, which was the RRP. It now seems to be advertised at around £1800.

Umm. No? You have to be an idiot to spend £1500 on a GPU in the first place, but you must be a complete nincompoop to pay £1800.
 
Nitefly said:
I was flirting with buying an MSI 3090 gaming trio for around £1530, which was the RRP. It now seems to be advertised at around £1800.

Umm. No? You have to be an idiot to spend £1500 on a GPU in the first place, but you must be a complete nincompoop to pay £1800.
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someone should make a chart of GPU prices over the years at the rate they have gone up in the past and applying it forward, they are probably going to be 5k-10k in 10 years time by historic increases.

2003 we were paying like 200-300 right? then around 2015 I think it was like 700 for a 980ti
In other words, £700 in 2015 is equivalent in purchasing power to about £781.15 in 2020, a difference of £81.15 over 5 years.
The 2015 inflation rate was 0.99%. The current year-over-year inflation rate (2019 to 2020) is now 1.50%1. If this number holds, £700 today will be equivalent in buying power to £710.50 next year.
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maybe its a good idea to buy AMD and NVIDIA shares cos apparently most of the computer gamers are rich as hell and seemingly don't mind the insane costs PC parts are rising by compared to inflation
 
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I've got a box of older components, CPU's, GPU's and power supplies. I think I'll have a go at selling it.

I was going to upgrade my sons GPU this Christmas but with the prices and availability we binned the idea and got him something else instead.
 
RandomMonkeH said:
In addition to the pandemic you also have brexit looming - the stock has got to come from somewhere, and there is a very good chance businesses could get badly burned with customs disputes if they choose to restock now. Ports are also jammed up.
I know a good many small businesses plan to sell the stock they currently hold, and take an extended christmas closure while they consider their options and see where things are in the new year.
There is a fair chance many of them won't reopen.
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Surely with Brexit looming it makes even more sense to stock up now before any possible port issues. I appreciate there is a lead time. That's what planning is for.
 
Psycho Sonny said:
It's called a pandemic.

Turn your TV on and change the channel to sky news or whatever you like CNN, etc.

I made £5k+ selling weights I paid £500 for 10 years ago. I think I made £15k selling my whole home gym.

Certain lines have been hit hard since April.
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Hmm interesting. I have a load of York adjustable free weights I've been wanted to sell. Better get them on Gumtree. Paid £50 for them originally. Wonder if I could get more.
 
Hotas joysticks are expensive...was going to get the thrust master one but it's out of stock everywhere and prices for others have shot up...

Hey ho.
 
I'm really glad I didn't listen to those that said "wait for black Friday deals" also I pulled the trigger on a full build once the prices of the new AMD CPUs were announced. It was obvious demand was going to be ridiculous. Just wait until Jan 1st if we have a no deal Brexit. Getting stuff through the ports is going to be a disaster.
 
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I bought a spare inflatable 2 person kayak in March for 70 quid. Never used it. Because.. Covid.

Saw it other day selling for 300. And someone bought mine.

Crazy
 
Lysander said:
Hmm interesting. I have a load of York adjustable free weights I've been wanted to sell. Better get them on Gumtree. Paid £50 for them originally. Wonder if I could get more.
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Boats already sailed.

You will get more than what you paid. But back in April you would have gotten 5-10 times more than their normal worth.

Now you might get 25-50% more or maybe double their worth.

Stock for home gym equipment is low but it has been trickling in since April when it was sold out everywhere.

I never actually knew what they were selling for but a mate said he was trying to buy and sent me a link on eBay to a pair of dumbells that had just sold for £275 this was a single set of 15kg. I had a full set going all the way up to 45kg so there was no way I wasn't going to cash in. I messaged him back after a few had sold with my links to eBay and said remind me next time we are out the drinks are on me. He was shocked as he had no idea I had a full home gym setup with full commercial gear and probably better equipped than some commercial gyms.

If you aren't using them id sell but don't expect April prices.

Also forget gumtree. Only peasants on there. eBay and collection only.
 
413x said:
I bought a spare inflatable 2 person kayak in March for 70 quid. Never used it. Because.. Covid.

Saw it other day selling for 300. And someone bought mine.

Crazy
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Who goes kayaking in December? That's proper mental I would have thought demand would only be high in spring/summer
 
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