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The Magic Cafe Forum Index » » Smooth as silk » » Price of real China silk increased today! (0 Likes) Printer Friendly Version

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Bob Sanders
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Magic Valley Ranch, Clanton, Alabama
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Today, the price of real 100% China Silk increased 20% to importers.

Bob Sanders
Magic By Sander

PS --- How much "Borrowing our way out of debt" can the USA afford? The credit rating for the USA also dropped to #4 due to national debt and lack of confidence in the US Government (Domestically and worldwide!).
Bob Sanders

Magic By Sander / The Amazed Wiz

AmazedWiz@Yahoo.com http://www.magicbysander.com/
Regan
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Smile
Mister Mystery
ClintonMagus
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Quote:
On 2010-09-09 11:34, Bob Sanders wrote:
PS --- How much "Borrowing our way out of debt" can the USA afford? The credit rating for the USA also dropped to #4 due to national debt and lack of confidence in the US Government (Domestically and worldwide!).


But we can SPEND our way out of it, right?!?!?!

Years ago I sent a letter to my state senator, asking for an explanation of how "smaller deficit" = "surplus". My example was "Let's assume I owe $100,000 on my house and amd making payments of $1000 per month. One month I get a $1000 bonus at work and I add that to my normal payment and make a $2000 payment. My thinking says that I still owe $98,000. The government says I have a $1000 surplus."

:P

But, Bob, you will have the LAST of the cheap silks at the flea market this weekend, right?!?!?!
Things are more like they are today than they've ever been before...
JNeal
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Even at full retail, good quality silk is a bargain! It lasts nearly forever (relative to many other props) , packs easily and doesn't require feeding. Making your own silks and silk tricks from high quality goods is still a worthwhile endeavor!
-JNeal
visit me @ JNealShow.com
Bill Hegbli
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China is very smart, I do think the USA is destined to fall.

China loans us money, they collect interest for the loan, then they say our economy is weak and raise their prices. So they collect from both ends. Trying to tie up all our money.

Lets face it, they must of done away with all the tarrif laws, to control goods coming into the USA. They will not do anything about big business moving everything to 3rd and 4th world countries. They really believe the rich is going to cut profits to bring out economy back.

Talk about living in another world. They say we have a 10% unemployment in this country, when it is really 30% or more. When your benefits run out, you are not counted.
Vietnam Veteran 1967, Sgt. E-5

Graduate of Chavez College of Prestidigitation and Showmanship

"Magic With A Twist Of Comedy"
Bob Sanders
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Grammar Supervisor
Magic Valley Ranch, Clanton, Alabama
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Quote:

But, Bob, you will have the LAST of the cheap silks at the flea market this weekend, right?!?!?!


I will honor the old prices through the flea market. Then I will also have to make changes.

Bob Sanders
Magic By Sander
Bob Sanders

Magic By Sander / The Amazed Wiz

AmazedWiz@Yahoo.com http://www.magicbysander.com/
Alan Munro
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Quote:
On 2010-09-09 11:34, Bob Sanders wrote:


PS --- How much "Borrowing our way out of debt" can the USA afford? The credit rating for the USA also dropped to #4 due to national debt and lack of confidence in the US Government (Domestically and worldwide!).

I don't think the U.S. can afford it at all - the price is too high. I haven't had confidence in the U.S. Government in a long time. The corruption is rampant

As for silk prices, I don't mind paying for a quality product, no matter what country produces it. It's just that silk is one of the few products that China does extremely well. Some of the contracts with Chinese companies are coming back to the U.S., because China can't meet quality standards for goods that the U.S. produced - I hope that it's a trend. It may be a moot point, if China owns us in a few years.
Darkwing
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You cannot borrow your way into prosperity.

The people of the United States overall have lost their collective wills to win.

I hope that statement makes you mad and challenges you. I also hope the people of this country prove me wrong.

Boy did I really get off subject.
Rainboguy
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So, Bob Sanders, not to be so much nosey but more curious....do you get most or all of your silk from China?
hugmagic
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I will help Bob with one. 99% if the good silk comes from China. Even Japanese silk uses silk cocoons grown in China.

There is silk from Thailand and India but not nearly as good as quality as China silk.

Richard
Richard E. Hughes, Hughes Magic Inc., 352 N. Prospect St., Ravenna, OH 44266 (330)296-4023
www.hughesmagic.com
email-hugmagic@raex.com
Write direct as I will be turning off my PM's.
Bob Sanders
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Magic Valley Ranch, Clanton, Alabama
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Quote:
On 2010-09-11 14:54, Rainboguy wrote:
So, Bob Sanders, not to be so much nosey but more curious....do you get most or all of your silk from China?


I get all of my silk from China. If you will check Rice's Encyclopedia on page 8 he tells you that the best silk is from China. At the time Harold Rice was in business, that silk was unavailable to him due to the law. That has changed. We can and do, in fact, do business with China today. DoveLite Silks from China is even available and used by professional magicians in and from Japan.

Perhaps it is time to move DoveLite Silk out of the USA too. The November election will have a lot to do with that decision.

Bob Sanders
Magic by Sander
Bob Sanders

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Magicray69
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How can the government say that there has been a reduction in inflation in the past few years? Hence no COLA increases for those surviving on Social Securuty, etc.

No inflation? When was the last time a politician went food shopping? Those fund raising lunches, lobbiest dinners and influence peddling keep their tummies and wallets full. Not to mention the perks such as huge pensions and the best health care money can buy (but not their money - yours).

I had to go back to work after I retired (thankfully I found a job) just so I could pay for my wifes medical insurance at $600+ a month. She has been diabled for 25 years but dosen't qualify for SS disability or mediare because they say she doesn't have the required 20 work quarters in the past 10 years. No kidding. She wasn't able to work..duh!

This country's priorities are up their a_s. Let's take care of our own first.

I could always spend down to nothing and get medicaid, food stamps, and housing.

Oh well, back to practicing my double lifts.
There was a time I had the blues,

the reason was I had no shoes.

Until I met upon the street

a man who had no feet.
Bob Sanders
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Magic Valley Ranch, Clanton, Alabama
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Ray,

I have good and bad news for you.

#1. November 2nd is an election day. Clean House! This news could be a great start. Repeat often!

#2. Forget Medicaid. Real doctors don't accept it and haven't for years. Programs reserved for non-existing providers are just hot air. It is not health care if nobody accepts it. (Think of Confederate money!) It is a major reason why emergency rooms are abused already.

You're practicing double lifts while your elected employees are practicing Double Dipping! Public service is a trick!

If you think we have price increases now, wait until we acknowledge that no American goods and services have been produced in the last two years. The competition for goods and services that actually still exist also drives prices up. Remember that the drawback to socialism is that eventually you run out of other peoples' money, goods and services. Smart money has been leaving America ever since the election of 2006 and the weak Congress. That is one of the reasons it is called "smart money". Smart money goes where there is freedom to enjoy opportunities to produce. Many entrepreneurs see us as the next Cuba unless we get back to capitalism.

Yesterday the movie "I Want Your Money" opened at theaters. By all means see it. It will help make up for having a football coach teaching economics in high school (because he had American History on his transcript with PE). Without a doubt, it is the best thing I have seen in a movie theater in many, many years.

Frankly, for the silk business, overseas markets are better and growing compared to the US market. The USA is no longer a priority for suppliers. Suppliers have alternatives and take them. Silk magic was not an American invention. You can bet silk prices in the USA will continue to rise and products available to Americans will continue to diminish as we drop in priority as a world market. We cannot hold our #3 ranking much longer. For magicians' silk, I would not rank us in the top 10.

In time, DoveLite Silk will need to move too, to better serve our magician customers.

Hang in there!

Bob

PS --- You know we are not in the top 30 nations for health care anyway? Smart money goes overseas for medical care too. There is a program in Florida now where MDs can take a few classes and trade their MDs to be RNs without the liabilities MDs must accept. Classes are full. This tells a sad story about the availability of MDs in America in the VERY near future. Smart Doctors are leaving too!
Bob Sanders

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AmazedWiz@Yahoo.com http://www.magicbysander.com/
Magicray69
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Ditto, Bob!

I see where in order to pay off the national debt, every family would have to fork over $120,000.00 I am writing my check now.

Thanks for your very wise comments.

Ray
There was a time I had the blues,

the reason was I had no shoes.

Until I met upon the street

a man who had no feet.
Mark Boody Illusionist
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Bob

I have a friend who is a doctor, when his oldest son went to college I asked my doctor friend if his son was going to follow his footsteps & become a doctor as well. To which he replied, I don't care what he decides but I absolutely don't want him to become a doctor, it's not worth it! The medical profession is not what it was. And that's too bad for us!

Lets wake up & make this country great again! Lets take care of ourselves because the government can't run anything correctly. Let's keep them out of the magic business!

Mark
Bob Sanders
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Based upon the monetary moves by the US leadership (or lack of...), we anticipate another 20% drop in the value of the US dollar in world markets by January. Silk prices should rise again.

Foreign orders that before the Congress elected in 2006 took office, were often filled in eight days but currently take over three months. The USA is NOT a preferred customer in foreign markets anymore.

The current administration's War Against Success has been devastating for America in the world of international business. Ultimately the consumers will see it. Quality foreign goods will not be available to them.

When the USA produced goods wanted in the rest of the world, there was a demand for US dollars to buy them. Those goods are no longer produced in the USA. Investors were encouraged to get out of the USA. Smart money leaves!

There was another use for US dollars and that was to earn interest. However, the government's artificially low interest rates killed that investment opportunity for holders of US dollars. Followed by growing poor credit, US dollars had no use to foreigners.

There is no incentive to sell to the USA in return for US dollars. People selling other currencies for US dollars have a sellers' market. The dollar loses even more. Yep! We got change! Let's hope it is temporary and that America can recover from it someday.

For now, your silks are worth more than they have ever been before. Look for the prices of their replacements to be higher and, perhaps, even unavailable in the USA.

I will bring them into the USA while I can. Overseas markets are appealing and bypass the USA.

Bob Sanders
Magic By Sander

PS --- If you want a real Maalox moment, look at how many of the richest people in the USA are no longer US citizens. They are still here but their wealth and citizenship is not.

Smart money is unwilling to be host animals for the parasites. You can't blame them for giving up their US citizenship and exporting their wealth while they can. Why should they pay the debts of others? After all, they are not represented here anyway. You can enjoy the benefits of America without being a productive and responsible citizen. Be prepared for real change when the debts come due and the smart money is not here nor liable to pay them.
Bob Sanders

Magic By Sander / The Amazed Wiz

AmazedWiz@Yahoo.com http://www.magicbysander.com/
hugmagic
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Glad I did not print a bunch of price lists. Seems like I will have to raise the prices again.

I will try to stock up but you can only hold off the water behind the dam so long.

Hope and Change my ass! I hope it does change quickly and soon.

Richard
Richard E. Hughes, Hughes Magic Inc., 352 N. Prospect St., Ravenna, OH 44266 (330)296-4023
www.hughesmagic.com
email-hugmagic@raex.com
Write direct as I will be turning off my PM's.
magicians
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Bob has given me economics lessons since I've met him. I could listen to him every day. He could double his silk prices and still be competitive.
Why is it necessary to increase a small increment at all. Once in a while, you could absorb the increase.
Why is it that a .10 increase from China, compounds so much when it hits the retail level.
A retailer of a $10 item buys it for $5 from a wholesaler, his supplier buys it for $2.75. Now a .10 increase makes the item $2.85, and the wholesaler uses his markup to sell the item for $5.15 and the retail sells it for $10.30
A ten cent increase means a 30 cent increase at retail.
Why can't an increase just be passed on. ie: $10.10?
Or anyone along the way could just absorb it.
-----------
Also, some people raise the price on their existing stock because the price has increased on the supply. But, that inventory didn't increase, only the replacement cost has.
Illusionist, Illusionist consulting, product development, stage consultant, seasoned performer for over 35 years. Specializing in original effects. Highly opinionated, usually correct, and not afraid of jealous critics. I've been a puppet, a pirate, a pawn and a King. Free lance gynecologist.
Bill Hegbli
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I believe the answer is greed, pure and simple. I use to purchase shoes from a special size store in a small town, so they had very low overhead. It was a family business.

When I purchased a pair of shoes the box had a stack of price stickers on them. Lifting the stickers, you could see the price increases at different times. They charged the latest price for a pair of shoes they had on the shelf for years and years. They can of course justify availability and storage, but come on, the shoes did not last because the leather was dried out and old.

I know a magic dealer that will not buy any magic products unless he can make a 100% profit. So he stocks all the India junk, and I go in and tell him why it is junk, many times the tricks are a copy of an available item by the American creator, but he still refuses to get the American item as it has only a 40% mark up from the wholesaler. So it goes with pricing, quality, and greed.
Vietnam Veteran 1967, Sgt. E-5

Graduate of Chavez College of Prestidigitation and Showmanship

"Magic With A Twist Of Comedy"
magicians
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Quote:
On 2010-11-19 09:59, wmhegbli wrote:
I believe the answer is greed, pure and simple. I use to purchase shoes from a special size store in a small town, so they had very low overhead. It was a family business.

When I purchased a pair of shoes the box had a stack of price stickers on them. Lifting the stickers, you could see the price increases at different times. They charged the latest price for a pair of shoes they had on the shelf for years and years. They can of course justify availability and storage, but come on, the shoes did not last because the leather was dried out and old.

I know a magic dealer that will not buy any magic products unless he can make a 100% profit. So he stocks all the India junk, and I go in and tell him why it is junk, many times the tricks are a copy of an available item by the American creator, but he still refuses to get the American item as it has only a 40% mark up from the wholesaler. So it goes with pricing, quality, and greed.

I had my shop and worked on 40%-50%. My friend had a shop and charged triple "keystone", ie: if he paid $1 he charged $4. Our entire economy has had suppliers going to Chinese products. They can have an item made for pennies, but still charge the same retail price. This is what has destroyed us, and why our National debt is so high.
Illusionist, Illusionist consulting, product development, stage consultant, seasoned performer for over 35 years. Specializing in original effects. Highly opinionated, usually correct, and not afraid of jealous critics. I've been a puppet, a pirate, a pawn and a King. Free lance gynecologist.
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