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https://www.straitstimes.com/business/co...-for-years
lol nothing surprising on this, Markets all along is " Manipulated " depends how you do it in a " legit , legal ways " ....
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Probably for any commodity or precious metal that are traded on western exchanges.
The massive nickel spike in March this year nearly trapped the Chinese nickel giant with a US$12bln loss, but Qingshan subsequently managed to turn the table and trapped JPM instead.
Of course JPM refused to take physical delivery of the 200,000 tons nickel, resulting in a US$120mln loss for them according to the video below.
(15-03-2022, 11:00 AM)A2Z Wrote: JPmorgan was the counterparty for his shorts so they are going to cancel the trades. He iron teeth says want to cont to short. Must be somewhere someone already super long: loss here make there.
Chinese Nickel Giant Tsingshan Faces $8 Bln Trading Loss as Ukraine War Upends Market
https://sgtalk.net/Thread-Chinese-Nickel...nds-Market
(This post was last modified: 11-08-2022, 04:05 PM by
sgxin.)