Something is going on with nickel

[JohnnyHockey13]

Day drinking, 'Big Shot' and billions of dollars: How the nickel market imploded

https://www.cnn.com/2022/04/02/inves...eze/index.html

[Twin_Cam_Turbo]

@ZenOps

[ExtraSlow]

Shit I got my alt accounts mixed up.

[vengie]

Zenops confirmed alt.

[ZenOps]

Yup, an entire days trading, 5,000 trades nullified. Well over a few billion dollars that day - Unheard of in my lifetime.

What people have to realize though is that the LME and the Shanghai futures exchange aren't really "free market" or even "honorable", its more "speculative market but if the trades start going the wrong way - try again in a week or two"

Rumor has it that Elon made a quick decision to scoop up his nickel mine directly because of this.

This scenario isn't possible - unless there is no nickel left in the world.

Its a forewarning of dangers of any market. Will you actually be able to buy and sell if the stock market starts going in one direction too fast?

[The_Penguin]

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Shit I got my alt accounts mixed up.

[msommers]

Tesla signed a substantial deal with Vale for a steady supply of nickel.

[ExtraSlow]

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Tesla signed a substantial deal with Vale for a steady supply of nickel.

welcome to last week brah.

[ZenOps]

So have any of you started a nickel hoard yet? Monetary metal, Energy metal, War metal. And the two places in the world you can buy seem to not have any left.

Peak nickel.