#Nickel #metal #Nickeltrading
Yahoo Finance’s Jared Blikre breaks down the events leading up to the London metal exchange halting nickel trading.
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No price discovery like 1980s russia
In Soviet Russia, price discovers you!
Interesting when nickel goes up trading desk is suspended to protect short positions. No suspension when it price tanks
Are you surprised?
LME owned by china..no surprise
@bclmax based
Uranium price up 100% in less than a year – 55 dollars pp !! Nuclear power to generate electricity is the answer to dependency on Putin’s oil and gas and a safe solution to global warming the public has been lied to about this issue by Greenpeace funded by Russian oil and gas companies and the world’s coal industry!! Support uranium and help save the world!
Corruption at its best.
The house always win.
Yah but the house isn’t just winning here, they’re cheating, too: taking the jackpot away from the winner and giving it to their buddy, lol.
house is china owned by the way
LME is a corrupt political “market”
8 billion USD short position , of which almost 6 billion USD was of a major chinese nickel pig producer. All of which were cancelled and rates of nickel revised. Corruption at another level.