Saturday, April 2, 2022

Kicking and screaming into the 21st century?

Kicking and screaming into the 21st century

Over the past century-and-a-half the LME, known for its ring of red couches and barking brokers, has successfully trudged its way through world wars, meltdowns and defaults. But nickel, the metal used in stainless steel and the lithium-ion battery cells in most electric vehicles, might be what finally brings the world's largest market for base metals contracts to its knees. 

end partial quote from:

https://www.cnn.com/2022/04/02/investing/nickel-short-squeeze/index.html

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