Paper metal markets get the tampy tamp. It’s the most manipulated market on earth just look what happened to nickel.
Guy is heavily short on nickel gets margin called and asked to pay up. He says nah. I’m the biggest nickel producer on earth go f yourself. London metal markets says oh so sorry sir we apologize let use just erase everything that happened that day and we can reset. Deal?
They will short gold to suppress price so they can hide inflation and to not let people hedge against it. I think in the end the paper and physical gold price split from each other. Paper market will lose all credibility.
Paper metal markets get the tampy tamp. It’s the most manipulated market on earth just look what happened to nickel.
Guy is heavily short on nickel gets margin called and asked to pay up. He says nah. I’m the biggest nickel producer on earth go f yourself. London metal markets says oh so sorry sir we apologize let use just erase everything that happened that day and we can reset. Deal?
They will short gold to suppress price so they can hide inflation and to not let people hedge against it. I think in the end the paper and physical gold price split from each other. Paper market will lose all credibility.