Comments by "Samson Soturian" (@samsonsoturian6013) on "Cancelled Nickel Trades on the LME" video.

  1. A bigger question is if owners of the LME exchange personally made bets on nickle. If so, it's textbook insider trading.
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  2.  @georgeo162  don't assume this particular case was due a bribe, though.
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  3. Weird "arbitrage opportunities" ensue...
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  4. Underrated comment...
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  5. No. If there's a definitive kickback established London will more than likely coerce Chinese state-backed companies to divest their shares in LME. This will infuriate Beijing, so expect retalliation in kind.
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  6.  @hume1234561  how so? It has the same effect as put buying. In fact, you can perfectly replicate the exact risk/reward of a short using options.
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  7. Statistically speaking in China, investment performance is directly proportional to account size, meaning the top 10% of accounts consistently beat the market by huge margins while the bottom 10% consistently lose money. Meanwhile in the first world, not even well connected and rich and brilliant star fund managers can consistently beat the market average. I wonder why...
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  8. Allegedly. The clear comflict of interests have been identified, but we don't know yet if someone directly ordered this to happen.
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  9. Found the crypto scammer
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  10. The term you're looking for is insider trading
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  11. They're not commies, they were simply either bullied or bribed into this
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  12. Liar
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  13. Were
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  14. That's actually the problem with CDS markets. If a firm is big enough for a secondary CDS market, than it is big enough that a government may bail it out, nullifying the CDS.
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  15. It sure as hell won't. London is simply more centrally located for most buyers/sellers.
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  16.  @МаксимСоколов-д4я  like you'd even know how a futures contract works. And this is a matter of geography since China actually owned LME
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  17. Dude, Robinhood was found to have been coerced by clearing houses. These guys allegedly have overlapping ownership with the big losers of that day's trading.
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  18. And price discovery. The trouble is trading is the fastest way to make money that isn't illegal, so we have WAY more active traders than we need.
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  19. If you believed that you wouldn't be here. So get back to work, slacker.
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  20. If you believed that you wouldn't be here.
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  21. How much have you lost?
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  22. Hardeehar.
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  23. That's the line fake gurus have been feeding people since the 1970's. They simply update the "proof" to do with recent shenanigans regardless if there is a logical connection. In fact there's one idiot on YouTube that posts weekly market news updates only with absurd clickbait titles about how the market is crashing as we speak.
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  24. @nehem dude, less than 1% of the GLD free float is sold short. People are mostly long on gold as a hedge or to speculate on the end of the world. In fact, if anything the price of gold is artificially high since most of it is used as a store of value. So quit pumping your own holdings as if you think you can singlehandedly manipulate market sentiment.
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  25. If you believed that, what are you doing in the market?
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  26. Found the scammer
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  27. No. It would lose to the dissolution of markets. A market, by definition, entails at least many hundreds of competing players.
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  28. It's called an ITM put.
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  29.  @Kredeidi  Because Tsingshang didn't own LME. It was a Chinese state backed venture, and a different Chinese state backed venture owned LME, hence why they're being treated as affiliated entities while having no explicit ownership.
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  30.  @EFCasual  yes, but there's a possibility the exchange manager's hand was forced by this or that. Don't ever be so sure of something that you don't allow for the possible plot twist. But yeah, there's an obvious conflict of interest here.
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  31. Well, fat finger mistakes, hacking, and frauds are a thing. Some trades must be canceled, but the exchange is paid NOT to pick winners and losers.
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