LME Nickel SCANDAL!! I Can't Believe This Happened?! 🙀

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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

[abddu]

Easy, they should rename to LMC. The London Metal Cartel. That should fix it.

[robertbloch]

Somehow i have in mind that similar transaction cancelations happened once in the copper market. Years ago

[TheTruthhurts]

I don’t understand how a financial service can stop you from selling to make lose money. People need to sue.

[tl]

How shameful these guys are. It is equivalent to the bank robbery who got caught, ?but no punishment.

[-sv]

Off course they are all rotten. Because they never have to go to jail or be ripped to ..

[joeydebra]

Could you imagine having a 100x on an altcoin to then hear your winning trade has been rolled back. The only thing rolling after that would be heads!

[mrfabulous]

why is it that nobody even knows about the Nickel Default on the LME back in 2006. This market has been rigged before.

[Woc]

ETH Gate, get out while you still can😂

[joeyshortpants]

Privatization of profits....socialization of risk.

[eduardopolack]

LME, JP MORGAN & CHINESE PRODUCER SHOULD GET SUED FOR MANIPULATING THE MARKETS

[pablor.]

The financial statement is going crazy

[Akela]

Thanks for covering this! Not enough people know about this

[Hardwayistheonlyway]

Futures trading should just be illegal. It is inherently bad for markets. And certainly bad for users of said commodities.

[satsanonymous]

This shows why Regulations are necessary! GREED is the root of corruption and evil.

[megadutcher]

Decentralization really matters people...

[uraldamasis]

I couldn't pay attention to anything in this video because of the tragic mishap with Guy's left sleeve.

[bandtt]

You should also look into politicians doing trading with insider information. They should not be allow to trade stocks

[CodeXploit]

Oh wow... The shock... I'm so shocked...

[mistermouse]

Wow! Incredible. Would they please reverse all the bad trades I’ve done as well? WTF

[adolphwhitejr.]

Great coverage of this situation. I do hear a bit of subtle empathy for your English brothers over at the LME. Just remember no organization is completely immune from being the one who holds the bag when the final collapse happens.