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@LolOverruled ("Lolo") wrote:
Nothing to be alarmed about, this is a classic rock scam. @allahliker and I have been running one of these out of Secaucus New Jersey for the last 3 years
with quote tweet:
The London Metal Exchange has discovered bags of stones instead of the nickel that underpinned a small handful of its contracts at a warehouse in Rotterdam.
Who owned them?
JPMorgan, $JPM, purchased them, per Bloomberg.
$JPM bought stone instead of nickel.