ST Alpha - "ok, but what kind of stones, JP Morgan? -- (link)" (Reading a Post)

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Posts: 155

ok, but what kind of stones, JP Morgan? -- (link)

Posted by mafic Mar 20 '23, 18:20

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WHAT KIND OF STONES! (www.businessinsider.com)

Responses:

You know what? Now is not the time for these types of articles - Pippy Mar 20, 18:40 5
- Here's the original - spamlet Mar 20, 19:00 2
  - I still don't know what kind of stones. these details matter, JP Morgan! - mafic Mar 20, 21:15
  - Hmmmm -- nm - Pippy Mar 20, 19:35
- she just cribbed it from WSJ or Bloomberg. I'd have gone for those if I had access. -- nm - mafic Mar 20, 18:42 1
  - 😊 -- nm - Pippy Mar 20, 18:50
Infinity -- nm - Cocaine Owlbear Mar 20, 18:34
I got a rock -- nm - JP Morgan Charlie Brown Mar 20, 18:25
if they had a nickel for every time they put some nickel in storage . . . -- nm - hollywood big shot Mar 20, 18:25
Why would a bank store nickle, or any metal really, how long did they have them? -- nm - zeitgeist Mar 20, 18:24 6
- Nickle is a component in EV batteries. Holding the metal to take advantage of price increases isn't unusual. -- nm - TWuG Mar 20, 18:36 2
  - all the nickel companies like to go on about how lithium batteries are 70% nickel, and should really be called nickel batteries. - mafic Mar 20, 19:10
  - nickel is arb! -- nm - Beryllium Mar 20, 18:38
- I imagine a lot of banks own metal. speculating on future price movement, hedging against something. lots of reasons, really. -- nm - mafic Mar 20, 18:30 2
  - how much value is a truck full of gold going to provide when the ice sheets melt? -- (edited) - hollywood big shot Mar 20, 18:36 1
    - *shrug* they all have their uses. like 70% of platinum is industrial. for gold it's only like 10%, but it's there. - mafic Mar 20, 19:07

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