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Gold/Mining/Energy : The Great Gold and Silver Mining Rush of the 21st Century -- Ignore unavailable to you. Want to Upgrade?


To: The Barracuda™ who wrote (9150)10/10/2025 9:04:42 AM
From: Valuepro  Read Replies (1) | Respond to of 9427
 
Yep! We've mentioned here in recent weeks now the bullion warehouse/dealers are nearing the cliff called "Fail to Deliver." They should never have been allowed to operate a banks, lending out more assets than than they have on hand.



To: The Barracuda™ who wrote (9150)10/10/2025 11:55:48 AM
From: dara1 Recommendation

Recommended By
Valuepro

  Respond to of 9427
 
I was thinking nickel defaulted a few years but I looked it up in Google AI and found that in 2022:

There was no nickel default on the London Metal Exchange (LME) lme.com in March 2022; instead, the LME suspended nickel trading and canceled existing trades to prevent defaults from occurring due to an unprecedented, nearly quadrupling price spike. The LME's decision to cancel trades was upheld in court, and the market remained closed for over a week to stabilize.