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Blueroo

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04/01/23

07:43

Post #: 65519252
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Originally posted by tomboy: ↑

R e u t e r s on k i t c o are reporting tonight a massive 78,000T short position is held on LME NI stock expiring January.

claims that one holder holds 30% of it
ie Tsingshan ie BIG SHOT
more likely through subsidiaries, 100% of it is held by BIG SHOT at march to sept rolled over at rates of 8-9

LME Ni stocks have less than 55000T on book including expired warrants, live warrants are less than 40kt.

where in heck is BIG SHOT going to find 78kt in 2 weeks or a NP of 9.00 or another $12B cash to rollover these multi rolled over SHORTS

What chinese or yank bank or CCP official will pay up another $12B to cover his losing gambles after his $10B loss in march?!
what Bank will lose $1B to rollover his losing SHORTS & take the risk of losing $12B itself on his SHORTS in future when NP may go even higher from 14 to 40 yet again any week now?

Tsingshan is looking insolvent & BIG SHOT now has a BIG TARGET on his head.
It has failed to cover its SHORTS or deposit Ni into LME as collateral or exit the losing positions,
its a ponzi scheme used to keep chinese state dominance over global Ni offtake

and its come undone

Enter BRUCE LEE.
soon BIG SHOT disappears & the short covering is massive, the only way the CCP can avoid Tsingshan insolvency & loss of $25B cash is to go LONG the NP to 20-50 & outdo the LONGS by west hedgies & west LONGS

expect a Ni BOOM coming to 15-25 as the reality of this plays out & CCP force a short covering operation even bigger than the last one imho

The MOTHER of all SHORT COVERING is coming imho

I got the NP call right last year twice & this run also, now im calling a mass spike is imminent

BIG SHOTS SHORTS are losing fortunes & are unsustainable.

POS BFS of 11.00 is looking pathetically low now.

NP NOW 14.10.

Expand

https://www.*****.com/news/2023-01-03/REFILE-UPDATE-2-LME-nickel-jumps-6-with-focus-on-large-short-position.html

POS Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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