Quote:
Originally Posted by cbalster
USA overnight funding market stress as evidenced by recent FOMC repo market operations is going to affect the ability of grey dealers to finance inventory for extended periods of time and they will have to cut balance sheet i.e. cut prices and move inventory = falling grey markets on the SS. i just made that up, but hey it might end up being true too. i do agree prices are down.
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LOL!!!! I was halfway through reading your post and thinking this guy is full of BS. hahaha