I read your piece on HSBC potentially playing both side to accumulate at a net lower cost. I’ll tell you, the HSBC selling has never sat well with me. Why would a Chinese bank be a net seller was my internal monologue. Regardless, things getting spicy. Be interesting to see a big long demand metal and go public.
I read your piece on HSBC potentially playing both side to accumulate at a net lower cost. I’ll tell you, the HSBC selling has never sat well with me. Why would a Chinese bank be a net seller was my internal monologue. Regardless, things getting spicy. Be interesting to see a big long demand metal and go public.
Seems the question that matters is: Who are these longs settling, and for what terms?
No disrespect but counting contracts is not why zi subsctibed.
Just read your Lag theory article. More value added.
Tx