Yeah I found the AMC thing very interesting too. Not sure when the CRGP monster wakes up but if this continues as I perceive margin calls will also...then we are seeing a huge wave of asset protection windfalls coming soon. Increases debt and Inflation only adds gas to this fire!
Nickel Squeeze Threatens London’s Place at Heart of Metals Trade
If this metals exchange is under the Chinese government control, it makes you wonder what are the counter measures? Someone set off a metals market trigger in the mist of a currency war! Something to pay attention too!
https://www.bloomberg.com/news/articles/2022-...tals-trade
On another note:
Dont forget about the Alberto Navarro: Treasurer/Director rabbit hole....leads to Hong Kong.too.
$13
$CRGP
#USA
Quote:With daily price limits in place to prevent wild moves in the future, Chamberlain is turning the focus to the over-the-counter market, where banks strike bilateral deals linked to the LME but away from the exchange’s oversight. The large majority of Xiang’s nickel short position was held through such positions. He also said the exchange would seek tighter position limits, and stronger supervision of traders with large short positions.
He also said the exchange would seek tighter position limits, and stronger supervision of traders with large short positions.
Nickel Squeeze Threatens London’s Place at Heart of Metals Trade
Quote:The first short squeeze to plunge the London Metal Exchange into an existential crisis came over a century ago. In 1887, French industrialist Pierre Secretan set out to corner the copper market, sending prices more than doubling before he lost his grip and they collapsed.
Quote:The LME’s outsized role in how industrial metals are bought and sold means that angry traders and investors have few alternatives. But the fallout from the nickel squeeze will cast a long shadow, embroiling the exchange in investigations and lawsuits for years, and raising questions about its structure, ownership and oversight.
“Suddenly the LME just looks incompetent,” says Mark Thompson, a mining executive and former metals trader at Trafigura Group who has emerged as one of the exchange’s most outspoken critics. “They need root-and-branch reform.”
Quote:The LME, which was founded in 1877 and is now owned by Hong Kong Exchanges & Clearing Ltd
If this metals exchange is under the Chinese government control, it makes you wonder what are the counter measures? Someone set off a metals market trigger in the mist of a currency war! Something to pay attention too!
https://www.bloomberg.com/news/articles/2022-...tals-trade
On another note:
Dont forget about the Alberto Navarro: Treasurer/Director rabbit hole....leads to Hong Kong.too.
$13
$CRGP
#USA
1
Calissio Resources Group, Inc. (CRGP) Stock Research Links
U.S. Constitution
"The Preamble
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
Oath
"I solemnly swear to support and defend the Constitution of the United States of America"
The Flag
"I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all."
"The Preamble
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
Oath
"I solemnly swear to support and defend the Constitution of the United States of America"
The Flag
"I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all."
Quote:If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/
