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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 (9306)	10/21/2025 2:50:07 PM
From: nicewatch	Read Replies (1) \| Respond to of 9402

Where are you hearing that about zinc and is it specific to a major exchange like LBMA? Am sure we all already know about the current LBMA silver situation with major dealers/bullion banks caught with their pants down over there, and their scramble to cover causing dislocation on all major exchanges that is finally starting to correct itself in a meaningful way. Maybe you remember there was a similar situation with nickel in the late 2000s, if I recall, almost 20 years ago. LBMA essentially declared force majeure on nicklel and there wasn't any physical settlement for a while to come. Something similar happened to the Hunt brothers in early 1980 when NYMEX/COMEX suddenly changed the rules of the exchange for silver. No more contract buys or taking delivery, only selling was allowed. This is what happens in extreme market dislocations on exchanges, the rules can quickly change. There are lots of other examples I studied when I was younger like the 1987 stock market crash and how options were settled, and other derivatives events like that. Imagine betting right then you go to collect and the house/exchange says, sorry new rules, you only get this, take it or leave it. But my memory might be foggier now and the web is mostly scrubbed of it unless you know where to look or know someone that was in the trenches then.