When are HDD prices going to fall?

These prices are ridiculous, and have been this way for the past month or so. I understand that flooding has affected some areas (such as Western Digital's manufacturing facility), however, what about Seagate's? From what I have heard, Seagate isn't even located in the affected areas, so their price increases aren't really justified.
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  1. I have been noticing the same thing. 3 months ago you could get a WD My Book 3TB for as low as $139, but lately it's more like $300. I sure hope the prices drop again as well.
  2. In a year or two maybe. The flood that hit Thailand I believe... affected production so everything now it's 2-3x more expensive :c
  3. I read an article about china cutting off the supply of earth metals and that is why prices are up for every manufacturer.

    http://www.dailytech.com/China+Cuts+Off+Worlds+Rare+Earth+Metal+Supply/article23069.htm

    So until they start supplying again buy an SSD! :-P
  4. that was a month cutoff which wouldn't impact harddrives much if at all with production down, and its over now anyway.

    its going to be a year or two. supply is way down due to the flooding. demand is the same. prices go up. on top of that will be the cost of building/repairing the plants and equipment which they will have to make back
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