/web/lme-risks-more-squeezes-as-metal-stockpiles-hit-lowest-in-decades/ No 1 source of global mining news and opinion Sat, 09 Apr 2022 03:39:40 +0000 hourly 1 https://wordpress.org/?v=6.8.1 /web/lme-risks-more-squeezes-as-metal-stockpiles-hit-lowest-in-decades/#comment-282293 Sat, 09 Apr 2022 03:39:40 +0000 /?post_type=syndicatedcontent&p=1087692#comment-282293 “While the LME has recently removed the requirement for short position holders to deliver metal, the penalty for not delivering — 1% of the value of the contract per day — is steep.” The author is a bit glib about the failure to deliver product- as if end users really did not need it all that much. One yearns at times for the good old days, where Judge Learned Hand spoke thusly: “He who lends what isn’t his’n buys it back or goes to prison.”

]]> /web/lme-risks-more-squeezes-as-metal-stockpiles-hit-lowest-in-decades/#comment-282229 Fri, 08 Apr 2022 06:25:45 +0000 /?post_type=syndicatedcontent&p=1087692#comment-282229 Interesting

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