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Title: Nickel Halted After Historic 250% Surge Costing Chinese Tycoon Billions In Margin Losses
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URL Source: https://www.zerohedge.com/commoditi ... -tycoon-billions-margin-losses
Published: Mar 8, 2022
Author: Tyler Durden
Post Date: 2022-03-08 07:43:49 by Horse
Keywords: None
Views: 148
Comments: 11
"This is second only to the tin crisis." Poster Comment: Some day that will be gold and silver up 250%.
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#4. To: Horse (#0)
This brings to mind the Hunt brothers trying to corner the silver market using borrowed money. The lost their shirts just like the Chinese tycoon. ;)
#5. To: BTP Holdings, 4um (#4)
(Edited)
No, the eeevil Rooskies have the largest share of the nickel market, Brazil is #2. After the Bidet puked on his necktie, he shit his pants. Every cute chik in the world is pointing at the US's tiny penis and laughing.
The Chinese tycoon was shorting the market betting that nickel would level off. The Hunt brothers were going long when their contracts were cancelled by insiders who had bet silver would not get over $40 an ounce. If they had not cancelled their contracts, the Hunt brothers would have broken the market.
Top • Page Up • Full Thread • Page Down • Bottom/LatestNickel Halted After Historic 250% Surge Costing Chinese Tycoon Billions In Margin Losses
Replies to Comment # 4. This brings to mind the Hunt brothers trying to corner the silver market using borrowed money.
#6. To: BTP Holdings (#4)
End Trace Mode for Comment # 4.