Liberal Forum

Blackvegetable » 29 Jun 2024, 7:28 am » wrote: ↑

29 Jun 2024, 7:28 am

Ridden, as you are, to a bed in your mother's basement,  you would have to enjoy your violence vicariously.

Do you wear that pajama outfit during ANTIFA riots?          
 

righteous » 29 Jun 2024, 7:30 am » wrote: ↑

29 Jun 2024, 7:30 am

Do you wear that pajama outfit during ANTIFA riots?        

No, only when shralping the gnarl....

 

Blackvegetable » 29 Jun 2024, 7:31 am » wrote: ↑

29 Jun 2024, 7:31 am

No, only when shralping the gnarl....

So you wear your Tutu for those special occasions 
 

righteous » 29 Jun 2024, 7:59 am » wrote: ↑

29 Jun 2024, 7:59 am

So you wear your Tutu for those special occasions

Do you think you could avoid stroking out at 5,000 feet?
 

Blackvegetable » 29 Jun 2024, 4:57 am » wrote: ↑

29 Jun 2024, 4:57 am

You have my definition of survivorship bias, I still don't have your example.

Post a SINGLE instance in which you went first.

Not once have you given me your definition in your own words. Only copy/pasted ****...as always. 

Give me your definition, in your words, and your admission, then you will get your example.

Sigh...I don't know how many of you "got it" or didn't...but here was my point:


A small number of investors / traders made the right bet on the direction of nickel and nickel futures. They correctly predicted it would surge upward due to shorts covering.

In a supposedly "free market" there would be NO regulatory authority to "cancel" transactions. Yet they WERE nullified to protect institutional money's positions...kind of like the bailouts we get every 10 or so years.

Does anyone pay attention to traders and heavily shorted stocks like Gamestop? Every time GME surges the trading is "halted."

Probably because the likes of Ken Griffin are too **** stupid (contrary to conservative retards' bleatings, most of the wealthy are not "very smart" - they simply knew the right people at the right time) to stop shorting a ticker with a short float already exceeding 100%.

So conclusion:

1) It was never a "free market" - it's a highly manipulated one
2) Conservatives (and liberals, although the majority of liberals don't believe this) who think it is are retarded

LowIQTrash » 29 Jun 2024, 12:18 pm » wrote: ↑

29 Jun 2024, 12:18 pm

Sigh...I don't know how many of you "got it" or didn't...but here was my point:

A small number of investors / traders made the right bet on the direction of nickel and nickel futures. They correctly predicted it would surge upward due to shorts covering.

In a supposedly "free market" there would be NO regulatory authority to "cancel" transactions. Yet they WERE nullified to protect institutional money's positions...kind of like the bailouts we get every 10 or so years.

Does anyone pay attention to traders and heavily shorted stocks like Gamestop? Every time GME surges the trading is "halted."

Probably because the likes of Ken Griffin are too **** stupid (contrary to conservative retards' bleatings, most of the wealthy are not "very smart" - they simply knew the right people at the right time) to stop shorting a ticker with a short float already exceeding 100%.

So conclusion:

1) It was never a "free market" - it's a highly manipulated one
2) Conservatives (and liberals, although the majority of liberals don't believe this) who think it is are retarded

In a supposedly "free market" there would be NO regulatory authority to "cancel" transactions. Yet they WERE nullified to protect institutional money's positions...kind of like the bailouts we get every 10 or so years

One of the very reason for an exchange is to mitigate counterparty risk...if you want to trade commodities more freely go to the forwards market.

LowIQTrash » 28 Jun 2024, 2:21 pm » wrote: ↑

28 Jun 2024, 2:21 pm

The price of nickel surged from around $29,000 to over $100,000 per ton in a matter of days. The situation became so extreme that the LME suspended trading and canceled billions of dollars worth of transactions to prevent a potential market collapse 

Fun fact: The reason Hitler's lines looked so insane and drove his generals to drink was the necessity of maintaining access to nickel. 

Blackvegetable » 29 Jun 2024, 1:33 pm » wrote: ↑

29 Jun 2024, 1:33 pm

One of the very reason for an exchange is to mitigate counterparty risk...

I do not know what "counterparty risk" means. I was unaware of this reason for an exchange. I thought the reason for exchanges was to aggregate capital for the advancement of societies' needs. 

I am not terribly surprised to learn there is more than one justification for exchanges. It is rare that there is ever only one reason for ANYTHING. But this PARTICULAR justification is entirely novel to me. Perhaps you would be willing to educate me - and others like me who might be more shy than I am?

Cannonpointer » 29 Jun 2024, 2:53 pm » wrote: ↑

29 Jun 2024, 2:53 pm

I do not know what "counterparty risk" means. I was unaware of this reason for an exchange. I thought the reason for exchanges was to aggregate capital for the advancement of societies' needs. 

I am not terribly surprised to learn there is more than one justification for exchanges. It is rare that there is ever only one reason for ANYTHING. But this PARTICULAR justification is entirely novel to me. Perhaps you would be willing to educate me - and others like me who might be more shy than I am?

Sure.....but, before we proceed..

Are these your words?

NO QUESTIONS, DICK SUCKER!

 

Blackvegetable » 29 Jun 2024, 2:58 pm » wrote: ↑

29 Jun 2024, 2:58 pm

Sure.....but, before we proceed..

Are these your words?

NO QUESTIONS, DICK SUCKER! refers to YOU - not me. 

https://i.pinimg.com/originals/be/10/d3 ... fb8c8a.gif

Cannonpointer » 29 Jun 2024, 3:05 pm » wrote: ↑

29 Jun 2024, 3:05 pm

NO QUESTIONS, DICK SUCKER! refers to YOU - not me. 

https://i.pinimg.com/originals/be/10/d3 ... fb8c8a.gif

Contracts have parties and counterparties....you, and the other guy.

Forward contracts are negotiated directly between two parties, and can be tailored to the specific needs of each.

Futures contracts are standardized with respect to terms (usually period and price). This makes them more liquid, with parties willing to take either side. They are sold on exchanges which provide "open interest" - an indicator of supply - a clearing mechanism for trades, and regulate the behavior of its participants.  

One of the regulatory schemes relates to counterparty integrity...the assurance that the counterparty will make good on settlement. 

 

Blackvegetable » 29 Jun 2024, 1:33 pm » wrote: ↑

29 Jun 2024, 1:33 pm

One of the very reason for an exchange is to mitigate counterparty risk...if you want to trade commodities more freely go to the forwards market.

I’m not arguing in favor of the merits of a FM. 

 

LowIQTrash » 28 Jun 2024, 2:21 pm » wrote: ↑

28 Jun 2024, 2:21 pm

The price of nickel surged from around $29,000 to over $100,000 per ton in a matter of days. The situation became so extreme that the LME suspended trading and canceled billions of dollars worth of transactions to prevent a potential market collapse 

 
 

First rule to surviving a free market is buyer beware of artificial knowledge suggesting life isn't factually self evident while every reproduction is actually evolving eternally separated each rotation they occupy time in adapting to the atmosphere in an ever changing form since arriving a fertilized cell.

Blackvegetable » 29 Jun 2024, 7:15 am » wrote: ↑

29 Jun 2024, 7:15 am

It was a CHINESE trading firm that tried to corner the market....my bet is that it built its position in violation of the rules of the exchange on which it participated.

No **** Sherlock...?

WHO could have foreseen massive price gouging coming with a technology that is more dependent on rare exotic metals than what we already had to pay through the nose.to get for our catalytic converters..?
Especially when the cost of gasoline is deliberately driven higher in order to force millions of people to buy into this rare, exotic and  toxic platinum group technology. that costs thousands of dollars per ounce

https://www.iea.org/data-and-statistics ... ional-cars

https://www.moneymetals.com/rhodium-price

 
 

Blackvegetable » 29 Jun 2024, 3:53 pm » wrote: ↑

29 Jun 2024, 3:53 pm

Contracts have parties and counterparties....you, and the other guy.

Forward contracts are negotiated directly between two parties, and can be tailored to the specific needs of each.

Futures contracts are standardized with respect to terms (usually period and price). This makes them more liquid, with parties willing to take either side. They are sold on exchanges which provide "open interest" - an indicator of supply - a clearing mechanism for trades, and regulate the behavior of its participants.  

One of the regulatory schemes relates to counterparty integrity...the assurance that the counterparty will make good on settlement.

You forgot to mention that your scholarly explanation was taken verbatim from Investopedia      

 
https://www.investopedia.com/terms/f/fo ... ntract.asp

GHETTOBLASTER » 01 Jul 2024, 9:52 am » wrote: ↑

01 Jul 2024, 9:52 am

You forgot to mention that your scholarly explanation was taken verbatim from Investopedia      

https://www.investopedia.com/terms/f/fo ... ntract.asp

No...that was ALL from memory.

I don't "trade" and don't carry a commodities qualification.

Perhaps now you'll appreciate the chasm between us.
 

Blackvegetable » 01 Jul 2024, 9:56 am » wrote: ↑

01 Jul 2024, 9:56 am

No...that was ALL from memory.

I don't "trade" and don't carry a commodities qualification.

Perhaps now you'll appreciate the chasm between us.

You forgot to mention that your scholarly explanation was taken verbatim from Investopedia       
The "chasm" between us is this.... I have too much integrity to be a plagiarist.
https://www.investopedia.com/terms/f/fo ... ntract.asp
 

GHETTOBLASTER » 01 Jul 2024, 9:52 am » wrote: ↑

01 Jul 2024, 9:52 am

You forgot to mention that your scholarly explanation was taken verbatim from Investopedia      

https://www.investopedia.com/terms/f/fo ... ntract.asp

Look at this, Syphilitic Cumbucket...

And did I get as much as a "Thank you, Demigod. Let me bathe your feet in my tears."

**** peasant.


Yo, @Vegas  

Blackvegetable » 01 Jul 2024, 10:05 am » wrote: ↑

01 Jul 2024, 10:05 am

Look at this, Syphilitic Cumbucket...

And did I get as much as a "Thank you, Demigod. Let me bathe your feet in my tears."

**** peasant.

Yo, @Vegas

You forgot to mention that your scholarly explanation was taken verbatim from Investopedia       
The "chasm" between us is this.... I have too much integrity to be a plagiarist.
https://www.investopedia.com/terms/f/fo ... ntract.asp