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[–]Cancelthis[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Reverse repo levels dropping.

Next stop :

expansion of repo volume .

Expect a slowing in the drop in the last 6 weeks, and in the last 4 weeks, a ramping up in the drop rate again.

Reflected in:

cash via the member bank fronts into :

petroleum storage

distillate storages

gold reserves

silver reserves.

And of course, airline gates and airline real estate