HomeTradingCoin BureauFinancial SCANDAL!! I Can't Believe This Happened?! 🙀

Financial SCANDAL!! I Can’t Believe This Happened?! 🙀

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📺 Useful Vids 📺

Sanctions Impact 👉 https://www.youtube.com/watch?v=hOjbqMdqZRU

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⛓️ 🔗 Useful Links 🔗 ⛓️

Bloomberg Story on Short: https://www.bloomberg.com/news/articles/2022-03-14/inside-nickel-s-short-squeeze-how-price-surges-halted-lme-trading
The ‘Big Shot’ Story: https://www.ft.com/content/2cb73138-24ae-4e10-a8fd-5558c7155461
Questions on Ownership: https://www.wsj.com/articles/a-chinese-nickel-market-mystery-london-metal-exchange-tsinghsan-11647982954
Clifford Asness Tweet: https://twitter.com/CliffordAsness/status/1509153473924939783
Building up Stockpiles: https://www.bloomberg.com/news/articles/2022-02-14/trader-known-as-big-shot-battles-mystery-nickel-stockpiler
He Want’s to Keep Shorting: https://www.bloomberg.com/news/articles/2022-03-10/chinese-tycoon-tells-banks-he-wants-to-keep-shorting-nickel
Covered Part of Trade: https://www.bloomberg.com/news/articles/2022-03-24/nickel-tycoon-covered-part-of-his-big-short-position-this-week
Short Squeeze: https://www.investopedia.com/terms/s/shortsqueeze.asp
Interview with LME CEO: https://www.bloomberg.com/news/videos/2022-03-09/lme-ceo-suspending-nickel-trading-was-right-decision-video

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– TIMESTAMPS –
0:00 Intro
1:28 An Epic Squeeze
5:56 Big Shot
8:53 The Short
11:59 The Big Short
14:49 Blowback
18:30 Conclusion

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#LME #Nickel #Shortsqueeze #Commodities #JPMorgan

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