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Another Round of Price Increases ?

Sargatanas2511 said:
If it was that simple then all currencies would be getting bought and sold in bulk all the time and they would constantly be going up and down like this.
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They do lol. By those rich enough to have off-shore accounts and dodge taxes etc. They can make a lot of money out of nothing :/
 
Amatyr said:
I pulled the trigger on a new machine right after the referendum from a vendor who had not yet adjusted prices. So glad I did that, saved about £180 over buying today.
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A lot of my new build was bought from abroad and I reckon it would cost me £300 more today.
 
https://www.reddit.com/r/unitedkingdom/comments/575k51/pound_slumps_to_168year_low/

Pound slumps to 168-year low said:
https://www.ft.com/content/78478eee-e170-32d3-bdbb-b88a98f2f9bd

By any measure, the pound is having a bad time.

According to a trade-weighted index measuring sterling against a basket of its trading peers, the pound has now slumped to its lowest on record, stretching beyond the introduction of free-floating exchange rates in the 1970s and all the way back to the mid-1800s, according to data compiled by the Bank of England.

The pound’s effective exchange rate, which is weighted to reflect the UK’s trade flows, hit a low of 73.38 on Tuesday – weaker than the depths hit during the financial crisis, Britain’s ejection from the European Rate Mechanism in 1992, and its decision to leave the Gold Standard in the 1930s.

The effective exchange rate has broken fresh ground as the pound has fallen to new 31-year lows against the dollar on the back of Brexit jitters. It slumped as low as $1.2117 in late US trading on Tuesday.

According to the BoE’s current formula for the trade weighted index – last rejigged back in 2006 – the biggest contributing weights to the basket are Germany (22.5 per cent), US (16.5 per cent), France (12.6 per cent), Italy (8.3 per cent) and Japan (7 per cent ).

Sterling has regained some poise on Wednesday after prime minister Theresa May said she would to hold a parliamentary debate on the UK’s exit proceedings, denting expectations of a ‘hard Brexit’.

But it has since fallen back to just 0.6 per cent up on the day against the dollar at $1.2190 at publication time.
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Get those components purchases in methinks!!
 
the simple thing is the components are made they need to sell.

so regardless of the pound going down someone will have to adjust to get us to buy the parts.

they need to sell them as much as we need to buy.

put stuff up over the top all that does is slow sales.then someone along the sales chain has to step in so we buy again.which means lowering the prices.

look at other countries where there money is worth next to nothing.then look at products.they are low priced for many things.

britain is a big deal for selling items to. so dont worry too much. the initial you gotta buy it now or its going to go up will shortly be met with slower sales.

there is one main game driving any gpu purchase for next 6 months or so. battlefield 1.that can be played maxxed out on previously 9 series card or 480 unless you at 4k which you need 2/3 top end 1080 or titans.

so get ready for lower than ever 1070s and 1080s falling regardless of what the pound does.

the funny thing is even though the pound has fallen for instance the cheapest 1070 is the cheapest now its ever been since launch.
 
I got lucky when buying my EVGA 1070 FTW, I was going to order from OcUK last night, but everywhere including OcUK had put their prices up by £30 yesterday, one place had not up to around midnight last night, so I got one at £419.99

Checked at lunch time today and they are more expensive than OcUK £450+, £30 saved anyway and I can sell the game for £30 as well. :)
 
Sargatanas2511 said:
I understand that but this is clearly not a "normal" trade. It's not common currencies take this big a hit in this short a time.
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Of course not, the UK is planning to leave the EU, which makes our future unknown, so the lack of stability is what is causing our currency to weaken.
 
mikeo said:
Doing wonders for my investment portfolio though :)

PS. Selfish attitude I know :rolleyes:
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Selfish *** but I join you. Something I disagree with has had a good affect on my SIPP. For now anyway the FTSE is doing well although I'm not sure how long it's going to continue, and if you hold USD or foreign investments it's a good time too and that I doubt is going to change anytime soon. 105 £/$ here we come I reckon.
 
aren't the prices - even taking currency changes into account "relative"

in that if people were no longer say in the UK to "stomach" the price increases - then would there not be a reduction in base "cost price"

assuming there is decent profit in the manufacturing of these cards

you see the supermarkets/brands only passing on small increases to their customers why ? as they know that people won't pay that much more - and a reduction in profit margin throughout the chain occurs
 
No Upgrades

At the moment I have a high-end system and have noticed that in the past few weeks my monitor has risen by £200, my graphic card by £150. At this time of year I normally upgrade my system but until the money situation returns to what it was then I will not be buying and I can wait as I'm happy with the system I have.
 
That's the good thing now at least

Unless benching or 4k s decent system from 3 years or so still cuts it

I'm slumming it with a 3770k and 290 both overclocked and not feeling any need to upgrade even playing games at 1440p
 
I had been mulling over a full rebuild of my aging 2500k system but it still does the job and whilst prices are like they are, I won't be tempted into buying anything that isn't 100% necessary.

I'm not sure how much of it is down to Brexit and how much is down to opportunistic price gouging. A bit of both I suspect.
 
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Buckster said:
aren't the prices - even taking currency changes into account "relative"

in that if people were no longer say in the UK to "stomach" the price increases - then would there not be a reduction in base "cost price"

assuming there is decent profit in the manufacturing of these cards

you see the supermarkets/brands only passing on small increases to their customers why ? as they know that people won't pay that much more - and a reduction in profit margin throughout the chain occurs
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That is what we push for always a reduction in base USD price, now we push for it on the basis us poor UK folk can no longer afford nice new shiny things because of how weak our currency is. You know I have to try! :D

But in short if the base price remains the same, for us as a company it is far better for us to increase our prices and maintain our profit margins and sell less.

If we kept pricing low, kept sales volumes high but made no money or made losses that for us as a company would be far worse.

So we push for the better base price always, but if it does not come then we just hold our profit margins at the expense of sales potentially, our group is very strong so we are at no risk as we have HQ's throughout Europe, but saying that OcUK shall be reporting growth yet again, so irrelevant of what our currency is doing we are absolutely flying. :)
 
Came to see if the Hybrid finally released, it has, and see that GPU prices have gone full retard... Not a dig at OC, I completely understand their position, and not mad cause my FE 1080 is working as intended and have no need to upgrade (apart from a block soon).

However, an EVGA FE at £728.99! That is completely insane! There are a tonne of other FEs way cheaper and customs with higher clocks cheaper too - heck it's almost as much as the Hybrid! Not to mention the totally nuts MSI card that comes in just £50 under a Titan XP.

If I had a point it'd be that I think GPU manufacturers have gone loopy this GPU cycle, even Nvidia with the FE marketing nonsense. So glad I built my 6700k system the day after Brexit, total cost has gone up £500ish since then - insanity! Bad time to need an upgrade chaps.
 
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