Will demand and prices for all illegal drugs including steroids sink in this coronavirus recession?

Discussion in 'Steroid Legal Forum' started by master.on, May 10, 2020.

  1. master.on

    master.on Member

    Hypothetical question.
     
  2. EazyE

    EazyE Member

    Hypothetically if people have less expendable income it will negatively affect consumer demand.
     
  3. Prices are up.
     
  4. master.on

    master.on Member

    Are you talking about steroids or rec drugs?

    For steroids, prices were up before corona, supposedly because of a potential chinese crackdown on steroid supply.

    Did they further rise the prices after that?
     
    Jeremiahflex likes this.
  5. Both are up in price due to similar reasons. Ex) sourcing has become more difficult resulting in a marginal increase. Ex) they tax all the custys cause Covid-19 lock downs/quarantine increase the risk. I'm talking wholesale prices; I don't know street prices.
     
    master.on likes this.
  6. master.on

    master.on Member

    I read that rec drugs tanked in price because most unemployed people can't afford them.

    They said that most drug users can actually stop using drugs at will, and aren't hardcore addicted junkies.
    They said that most people only use drugs on weekends.
    IDK if that's true or not, but it makes sense.
     
  7. I've yet to run into a casual drug user. I don't think it exists IMO. It becomes a lifestyle and that's their daily routine, getting high. They're going to find a way regardless of the situation. Especially the ones with a form of physical dependency. I believe it always starts out as a weekend of debauchery, but never remains a weekend only event. All I can tell you is if someone wanted to grab zips or larger amounts of anything right now, the price will be higher. My understanding of the price increase, is one I've formed from the aforementioned reasons in my previous post.
     
    master.on likes this.
  8. Eman

    Eman Member

    Not only are recreational drugs recession proof, there is a spike in use during recession due to the increased psychological distress.
     
    NorthMich, EazyE, schismz and 2 others like this.
  9. graciebjj

    graciebjj Member

    I've heard the opposite recently, that guys who usually sell party recs like blow and MDMA have had a big drop in sales because the bar/club scene is non-existant. I'm sure heavy consumers of alcohol, weed, benzos may be using more than ever though as they're often used to cope with depression/boredom ime
     
    master.on likes this.
  10. master.on

    master.on Member

    It looks like it totally depends on the drug being discussed.

    MDMA (and coke to a lesser extent) are mostly party drugs so they were usually left for the weekends.

    Those using meth, heroin or crack can't stop. Probably the same for opioids and sleeping pills.


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  11. NorthMich

    NorthMich Member AnabolicLab.com Supporter

    Weed use is way up. Prices are stable.
     
  12. MadBret

    MadBret Member

    I agree that weed use is up with folks being stuck at home. Hell, Gavin Newsom deemed the weed clubs as essential businesses. Gun stores on the other hand...no need for those. Weed prices have increased in the past couple of years where I am, though it's likely still cheaper than most places. I hear last year's outdoor is at least 1200 and top shelf indoor is 1600 up to north of 2k. A couple of years ago, outdoor was down to 500-600. A friend of mine is firing back up his indoor. He says he couldn't grow enough during the 08 recession...
     
  13. master.on

    master.on Member

    COVID-19 is costing drug cartels millions of dollars

    Statewide lockdown orders have disrupted the traffickers’ operations, making it more difficult to launder money and move cash across the border.

    The coronavirus pandemic has crippled cities and crushed businesses from coast to coast.

    It’s also costing drug traffickers millions, multiple law enforcement officials told NBC News, because their methods of moving money have been compromised.

    Since the start of the crisis, federal drug agents in major U.S. hubs have seized substantially more illicit cash than usual amid statewide lockdowns that have disrupted the way cartels do business, the officials said.

    “Their activities are a lot more apparent than they were three months ago,” said Bill Bodner, special agent in charge of the Drug Enforcement Administration’s Los Angeles field office.

    Bodner said California’s stay-at-home order has made it more difficult for traffickers to launder money and move around the city unseen.

    “When there’s less hay in the haystack, it’s easier to find the needle,” he added. “It’s caused the drug cartels and money launderers to take more risks, and that’s where we can capitalize.”

    From March 1 to May 8, seizures of cash in the greater Los Angeles area have more than doubled from $4.5 million last year to $10 million during the same period this year. Bodner said that includes four separate seizures of more than $1 million in Long Beach, Cerritos, Anaheim and Wildomar.

    DEA agents operating on the East Coast have seen similar success.

    The New York City field division’s cash seizures are up 180 percent since last year, said special agent in charge Ray Donovan, with the bulk of them coming in the last couple of months.

    “It’s really around April, where we started saying, ‘Hey, we’re having a lot more success in this area,'” Donovan said.

    When moving product along the West Coast, Mexican cartels use manufacturing businesses as de facto banks that help to launder the drug proceeds and funnel the money back across the southern border

    But in New York, the cartels typically rely on “international Asian criminal organizations” to clean their cash, Donovan said. These cartel associates will buy American goods with drug money and ship them back to China. In return, the criminal gangs that receive the products will then send money back to the cartels in Mexico — often through bank wires, which are more difficult to track from China.

    But the city’s lockdown has deprived the traffickers of using the first link in their sophisticated operation.

    “With all the stores and shops closed down here, they don’t have that as one of the means to quickly launder money,” Donovan said.

    As a result, the cartel’s cash has been piling up, Donovan said, resulting in larger seizures.

    Pre-pandemic busts would often net cash hauls in the neighborhood of $100,000. Now, with the cartel’s laundering methods disrupted, New York DEA agents have been recovering piles of cash exceeding $1 million, Donovan said.

    “More money is being stockpiled here,” he added. “So when we come across them, instead of seizing $100,000, we seize $1 million or several million dollars.”

    The recent busts haven't been confined to stacks of cash. Along the northern border, federal officers have confiscated large quantities of drugs over the past few months.

    From March 21 to May 16, border patrol officers working out of the Detroit field office have seized 2,856 pounds of marijuana, 87 pounds of cocaine, 12 pounds of fentanyl and 12 guns.

    “We are definitely seeing an uptick,” said Kris Grogan, spokesman for U.S. Customs and Border Protection in Detroit.

    DEA agents in Michigan and Ohio have hauled in $6 million in drug money since March 16, officials said. That amount is not unusually high, but there’s been a marked increase in the amount of cash seized at airports.

    “Hundreds of thousands of dollars,” said Keith Martin, special agent in charge of the DEA’s Detroit field office. “Which is not normal.”

    Unlike New York and Los Angeles, the drug money made in Michigan and Ohio is moved the old-fashioned way — by driving it across the southern border.

    Martin said it’s too early to draw a firm conclusion on what’s fueling the spike in cash seizures at airports, but a drop in car traffic because of statewide lockdowns is likely a contributing factor.

    “They don’t want to be that one vehicle out in the road that gets pulled over,” Martin said. “When there’s not a lot of border traffic, you’re singled out easier than if there were a thousand cars.”

    Part of a $1 million seizure in the Los Angeles area.DEA
    While COVID-19 is already reshaping parts of the global economy, the impact on the drug cartels’ overall business remains yet to be determined, the officials said.

    The coronavirus is also affecting drug prices. The price of methamphetamine has skyrocketed in California, according to Bodner, rising from about $1,000 a pound in November to upward of $2,000 a pound. He said that’s due in part to the economic disruptions and difficulties in importing chemicals from China and India, as well as the closure of the southern border to nonessential travel.

    In New York, the price of marijuana is up 55 percent, according to Donovan, in part because of the increased risk of getting it into the country. Cocaine is up 12 percent, and heroin 7 percent, he said.

    The virus has also changed the way law enforcement operates. One example: fewer DEA agents in the office, and more out in the streets.

    “We’re practicing social distancing,” said Martin, the Detroit agent. “But the pandemic has not kept us from doing our job.”


    Federal agents are also out in the streets en masse in Los Angeles and New York.

    “I asked all my agents to stay in the street and just work in the street,” Donovan said. “We are there for our community, and ultimately, we’re doing a pretty damn good job.”

    COVID-19 is costing drug cartels millions of dollars
     
    NorthMich likes this.
  14. Clamslaps

    Clamslaps Junior Member

    God dammit man this isn't making me feel comfortable about raws right now.

    I've been freaking out right now wondering when Rainbow 6 is going to drop down from the ceiling.
     
    Last edited: May 24, 2020 at 9:25 PM