The tide went out this week in London’s nickel market, and we discovered—in Warren Buffett’s immortal words—who had been swimming naked: athat couldn’t meet its margin calls, additional security brokers require when leveraged trades lose money.
Instead of letting the market cleanse itself of this indebted trader, the exchange decided to wade in and save the firm from the consequences of its bets by canceling the trades.
jmackin2 You can help yourself!
jmackin2 Yidiots killed 20m in WW1, 60m in WW2 (while faking 6m Yidiotocaust) and are trying to kill all 900m WhiteChristianRace and 300m WhiteLand Colored Invaders in WW3 by starting RussiaUkraineWar Legal is Undiverse HolyCitizen KingdomOfGod PrimeMinister BREAKINGNEWS
jmackin2 And who controls Russia's nickel? Vladimir Potanin, a key crony of Putin and Russia’s richest man
jmackin2 Wait for the US banks derivatives implosion. The reason is not the war Criminal greed and terrible regulations. Debt insanity, monetary policy insanity Good luck