Ahhhh, there's the fraud I been lookin' fer…..Gotta be moar to come. 20% cash left and 80% levered (fake). Dat original cash be spent!
Up like stairs, down like a busted elevator. Seen it hunnerts of times. Called a faceripper, or "The Fuck You Trade" in da biz.
It's called a "Delivery Arb". And often, the premium in one is a delivery squeeze (not enuf metal) vs ample delivery in the other. Not uncommon, and is part of the Contango* structure common to metals markets and other commodities.
*Contango equals successive higher price in contract months going out, compared to spot reflecting storage costs and financing same.
Ayatollah reemerges from secret bunker to celebrate anniversary of Iranian Revolution — while deadly explosions wallop Iran
https://nypost.com/2026/01/31/world-news/ayatollah-reemerges-from-secret-bunker-to-celebrate-anniversary-of-iranian-revolution-while-deadly-explosions-wallop-iran/
SAG membership, proven.
Team Vati loopin' agin.