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Last post 2 years ago by Mr. Jones. 6 replies replies.
Read CNN article: "day dRinKing, "bigshot" and billion's of dollars"
Mr. Jones Offline
#1 Posted:
Joined: 06-12-2005
Posts: 19,410
It about last week's MELTDOWN
ON THE LONDON METALS EXCHANGE (LME)
REGARDING nickel metal futures...

Great story...

I had no idea how metal exchanges worked and who owned them....
The members used to own the exchange?
Then it was sold to Hong Kong...
They tried to make their money back by selling to hedge funds and other ASS HOLES WHO DO NOT ACTUALLY USE THE METAL like the old members really do...and it is backed by real mining contracts on future deliveries....
Just ripe for HYENA'S, HUMAN LAMPREYS AND WORTHLESS HEDGEFUND SPECULATORS TRYING to screw anyone they can with no regard to anyone else or any other entity ..

P.U.R.E
GREED

LOW LIFE WALL STREET SCUM

READ THE ARTICLE...

BIG SHOT IS A CHIREE BILLIONAIRE
JadeRose Offline
#2 Posted:
Joined: 05-15-2008
Posts: 19,525
I read it, Jonesy. It's a helluva story
Mr. Jones Offline
#3 Posted:
Joined: 06-12-2005
Posts: 19,410
It really is!!
Very informative and educational to the regular citizen without knowledge about the LME and what it does, how it operates, and the current problems with it....

Everytime HEDGEFUNDS GET INVOLVED WITH ANYTHING THEY F ** K IT UP BIG-TIME...
THE members should never have sold it to Hong Kong...

Nickle is 50%of any future car industry battery production...
Why did England's government let the sale go through...
So freakin' stupid...short term profits equal LONG TERM HEADACHES!!!!

IF IT AINT BROKE...

DONT FIX ( OR SELL) IT...

WORDS TO LIVE BY ..
Mr. Jones Offline
#4 Posted:
Joined: 06-12-2005
Posts: 19,410
I day drink...
But do not trade metals on the LME...

It's not my fault nickle is so spensive'

I blame the kuggerand...and TESLA
frankj1 Offline
#5 Posted:
Joined: 02-08-2007
Posts: 44,211
and Steve.
Mr. Jones Offline
#6 Posted:
Joined: 06-12-2005
Posts: 19,410
Steve gets the majority of my blame.

Now the man with 47 jobs just became a judge??
It's job #48....

Not really....????

His "kids say the darndest things" T.A.N.K.E.D. not long after it's initial season...

Steve still only has 47 YOBS MENG!!!
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