On the recordNovember 19, 2014
You paid them to move 70,000 tons, did you not? You gave them a discount. Is that correct?
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congress.govYou paid them to move 70,000 tons, did you not? You gave them a discount. Is that correct?
Levin questions the financial arrangements for moving the metal.
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If you can say there is no correlation between premium and the length of the queue, then you are in a very different mathematical world than most of the mathematicians that look at this.
I believe you would want to acknowledge that when Goldman canceled the warrants on 300,000 metric tons that it owned, that that did have a direct effect on the queue?