SYSTEM WARNING: FAILURE IMMINENT

March 24, 2022   |   Tags: , , , , , , ,
Reading Time: 4 minutes   When nickel prices hit $100,000 per ton recently, the London Metal Exchange (LME) decided to halt all trading and reverse almost 4,000 contracts to safeguard the profits of a China-based mega-player who had been exposed to more than $5 billion in margin calls. In effect, the LME proclaimed that it […]


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