In the latest episode of Palisades gold guest Simon Hunt discusses the fear of holding metal on the London metal exchange (LME)- due to possible legal action and suits lodged in regard to contract cancellations to protect shorts (we all know about) many party's who used to hold and sell though LME are settling direct with customers which makes it difficult to know the real level of stock piles (world wide) re Base metal. The fear is of product freezing due legal action and having their metal stuck at LME during proceedings.
Hunts an absolute guru analyst re China and metals markets.
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