Nickel: Silver's Possible Comex Default Roadmap

An LME Member Has Defaulted On Billions In Margin Calls, But The LME Doesn't Want To Declare Default

By Russell Clark Capital Flows and Asset Markets h/t zerohedge

Like many commodities, nickel price has surged from the Covid lows. However this week is has spiked, effectively doubling, and briefly reached highs earlier this week of USD 100,000.