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Title: Nickel Halted After Historic 250% Surge Costing Chinese Tycoon Billions In Margin Losses
Source: [None]
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: 326
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)

Nickel Halted After Historic 250% Surge Costing Chinese Tycoon Billions In Margin Losses

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. ;)

BTP Holdings  posted on  2022-03-08   9:18:09 ET  Reply   Untrace   Trace   Private Reply  

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.

Horse  posted on  2022-03-08   11:39:50 ET  Reply   Untrace   Trace   Private Reply  

Don't worry. The most powerful PrezNit evar gots Pooti on the ropes!

Esso  posted on  2022-03-08   11:47:30 ET  Reply   Untrace   Trace   Private Reply  

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