So I run a website that is about X. And recently I took on a new Adwords client that is in the same consumer industry. I wanted to do a display test where for this new client I set up a display only campaign and placement targeted the site I own/operate. For about 4 days I was getting a very strong CTR rate and set an original max cpc VERY high. Way higher that any advertiser would. Like I said, I started getting a much better CTR than normal and all was good. Until 2 days ago, AdSense for some reason decides not to show my clients display ads anymore - neither text or display. I knew it wasn't a max CPC issue, but just to try and restart the system I raised the max CPC even higher. Luckily Adwords had not been charging my client anywhere near the max cpc. But I'm still not getting any impressions anymore. What doesn't make sense is that the CTR was very strong, contextually relevant, and there is NO way other advertisers are showing up because they are willing to pay more.
So something must be broken with the AdSense algorithm as to how they decide which ads to display.
Bizarre and completely unsurprising at the same time.