It's happening....

[Patton250]

Originally Posted by lear60man

Few thoughts....I agree grey dealers have been around for ever. They just shift their business model to meet current market . In the last few years they have speculating and riding the tide up like most. Back in the day they just traded watches at a margin that was below MSRP or bought from ADs in Hong Kong and sold for a slim profit in other countries. The smart ones will have slimmed down their inventory quietly. The not so smart ones bag about how many millions they have 'in the safe' on youtube.

Crypto is also down 20%? in the last two weeks. Looks like the secondary money markets are all doing the same thing.

Well said. I think you did a great job describing a lot of what’s happening. Thank you.