β‘οΈJUST IN:
The military adviser to Iran's Supreme Leader warns the UAE, Kuwait, and Bahrain:
"The Emir of Qatar and Mohammed bin Salman are on the right path in history
But the UAE, Bahrain, and Kuwait continue to believe that American power will remain as strong as ever
They also supported Saddam's Iraq against Iran
If they continue down this path, we will even go after them once the war is over"
@0_sum_game_@KingKong9888 Yes. SBSW has move nicely. I still have some Jan 26 - 7.5 Calls. Looking to roll them into 27....May open some 10 strike 27 Risk Reversals. π€·ββοΈ...I like $SLP
@KingKong9888 Yes. I imagine the legal jargon is horrible.
In essence there is a gargantuan counter party risk because there is 'unexpected' flow of physical metal.
The courts would normally get to decide who is the counterparty....in this case ask @MilesFranklinCo Andy Schechtman π
@KingKong9888 I bet the SWAPS legal paperwork is arcane.
I used to have to compose FRA and interest rate SWAP counterparty documentation under ISDA framework back in the day.
@KingKong9888 Yeh. Its very nice here. Too many tourists π€£...How is HK?...2021...back in the days when you refused interviews and now look at you...popping up all over the place - doing the gold/silver YT grift π