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Title: Chinese Nickel Tycoon Reaches Standstill Deal On Massive Margin Call
Source: [None]
URL Source: https://www.zerohedge.com/markets/c ... still-deal-massive-margin-call
Published: Mar 14, 2022
Author: Tyler Durden
Post Date: 2022-03-14 13:56:52 by Horse
Keywords: None
Views: 113
Comments: 1

The question now is whether once the Nickel market resumes, if we get a GME-rerun where specs seek to slam the price of Nickel even higher to force Tsingshan to eventually crack and force the cartel to cover at even higher prices.

Poster Comment:

He is on the hook for $8 billion. If they resume trading, he could go for $10 billion. But that would JP Morgan's money. Or rather yours as Bidet would bail out Morgan.

Post Comment   Private Reply   Ignore Thread  

#1. To: Horse (#0)

$10 billion doesn't matter. That is not even a half a day's national income.

DWornock  posted on  2022-03-14   15:15:57 ET  Reply   Trace   Private Reply  

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