Welcome back to the channel everyone today, i want to talk about how an off exchange price for amc actually exists and was right all along so stay tuned and let's make some money just another quick one guys. The soundproofing panels are due to be delivered this afternoon and therefore tomorrow's video won't have any echo, and now i want to dive straight in with the key information. So there's a bloomberg article that says exclusive goldman traders have been offering to trade nickel away from the lme or the london metals exchange at a steep, steep discount, basically saying there's traders that work for goldman sachs that are offering to buy and sell nickel outside of The stock exchange on a separate book price, and not only that, but that separate book price actually has no relation to the official lme exchange price. It's at a steep, steep discount.

Now, whether amc is currently being traded off exchange for a steep discount or a significant markup, i can't say i don't know the exact amc off exchange price, but this article is evidence that it absolutely exists. The article says goldman bids for nickel off exchange about 32 below the london metal exchange price. It says the bank is offering bilateral deals as the exchange remains frozen, and it says this proposal gives insight into traders different perspectives or different views of a fair nickel price. It says: goldman sachs traders have been offering to trade nickel away from the london metal exchange according to people familiar with the matter.

It says at prices that imply a further sharp drop in prices. Now, obviously, amc could be trading off exchange at a significantly higher price than what it's currently trading for, implying another significant price run up and potentially the short squeeze. They said the bank has been offering to trade contracts off exchange in commodity index. Products such as the s p gsci, whose constitutes include nickel.

The people said implying a bid and offer for the nickel price. So not only goldman sachs traders, trading, nickel off exchange, but they're, not even trading the nickel product, they're trading, separate contracts which contain nickel off exchange. They said the bank's proposals imply a bid for nickel at about 25 000, a ton and an offer about thousand dollars. A ton the people said asking not to be named as the mata, obviously isn't: public aka they're, secretly trading nickel off exchange in separate contracts just like they could potentially be doing with amc now.

Obviously, i can't give you the off exchange price for amc with 100 certainty, because i don't have access to that off exchange price, as i don't work for goldman sachs or any of those big hedge funds. It says nickel on the lme has largely stalled this week. After the unfreezing of trading with very few trades, as dealers wait for prices to fall further after the market reopened, following a week-long suspension due to an unprecedented short squeeze, it says on friday, nickel, on the lme hit the limit down at thirty six thousand nine hundred And fifteen dollars per ton, but is being traded off exchange somewhere between twenty five thousand dollars, a ton and thirty seven thousand dollars a ton. So i think, especially if nicolas being traded off exchange, there's absolutely no reason as to why amc and gamestop aren't also being traded off.

Exchange. Nickel, amc and gamestop are likely being traded off exchange as it's safer for those brokers and for those traders doing business. They don't have to place an order on a stock exchange and wait for the order to go through and then find out what price they've paid for the nickel. They can agree a deal beforehand when these deals are performed over the counter or off exchange.

There's effectively. Two parties that agree on a price rather than just one party, placing an order on the stock exchange or the london metals exchange and then finding out their price after the order. Now, on top of this nazim tweeted saying there was mass firings at citadel securities right before the federal probe, tick tock on the clock, considering we've just found out that, potentially both amc and gamestop are being traded off exchange. It doesn't surprise me that citadel had a ton of mass firings.

Now guys many of you may not have a lot of confidence in the stock market at the moment. There's all this market manipulation and market fraud. That seems to be going entirely unpunished and that's why i personally invest in crypto, especially during this big dip with block fight. You can currently get up to 250 in free bitcoin, just for signing up using the link in the description below and making your first deposit.

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Also, no annual fees and no foreign transaction fees and the card is only available in the us, so guys be sure to sign up to block for using the link in the description below to get up to 250 dollars in free bitcoin. The article says last october, citadel llc surveyor capital unit suddenly fired several portfolio managers all at once. In the preceding five months, half of surveyor's portfolio managers had either been fired or resigned in may todd barker the head of severe capital himself departed after 16 years. At the firm it says in november, just after the mass firings at surveyor aka citadel morgan, stanley's, head of block trading, suddenly stopped showing up for work.

It says the trader had been put on leave due to a federal investigation of his conduct. This is obviously the department of justice and the fbi investigation into those blocked trades and those spoofing and scalpings passi and morgan stanley are under investigation for allowing hedge funds to front run large blocked trades of a stock. A tip-off from pasi could let a hedge fund buy or sell right before a big institution, locking in profits and giving the institution a worse price. Considering citadel surveyor capital is being investigated.

All of these mass firings, don't surprise me as citadel, was likely trying to get rid of potential whistleblowers and to do that. They either just outright fired them on the spot or try to think of a reason to get them to resign. But the disparity between retail investors and those top institutions doesn't stop there. Sugar, daddy tweeted, saying according to the new york post, russia has made their bond payments on time.

How do they do this? With the sanctions on their banks? You ask apparently the word: sanctions is a relatively loose term when it comes to rich people getting their money. The article from the new york post says russia says it made its 117 million dollar payment to avoid default on its debt. Russia made that 117 million payment that was due on two government bonds, enabling it to avoid the country's first default on foreign debt. Since the 1917 revolution - and it says the finance ministry in moscow - says the funds were transferred to a payment agent at citibank, based in london, jpmorgan chase the correspondent bank, russia used to send the payment to citigroup said it had processed the funds.

It then sent the money to city after receiving approval from the biden administration, so russia seems perfectly fine to make these payments on its american u.s denominated government bonds, but then retail investors and smaller institutions can't sell their russian stocks go gavin. Tweeted saying imagine this being you, you make hundreds of millions of dollars in profits buying puts on russian stocks, but you can't sell them and they end up expiring worthless. This article from bloomberg says options traders who correctly bet against russia can't cash out brokerage clients can't unwind positions with the markets currently frozen. Clearing houses are leaving it to firms to handle some of the requests.

It says, as russia began its invasion of ukraine jennifer stockman wagered against the aggressors stockman who helps raise money for a healthcare organization, bought put options on a russia-linked fund using her personal account at fidelity and td ameritrade. He says the bet looked like a winner. The ruble plunged along with the exchange-traded funds tied to russian securities as other nations, imposed crippling sanctions, but now, with russia's stock market frozen and securities tracking russian assets halted, florida's base stockman can't cash in instead, in both accounts, she found herself hamstrung and unable to exercise Her put contracts on the russian etf, some of which are set to expire this friday. The puts were worth about six thousand dollars combined when trading in the fund was halted and she said i'm not a wall street person, i'm a regular person.

So it's a lot of money to me. It's even more frustrating that it was a good trade and it was a good position to take - and i know that i was right. So it seems like russia is absolutely fine to make its payments on these us dollar denominated government bonds, but yet regular everyday retail investors like you and i can't sell our russian options as per usual. It seems that these sanctions and these buy buttons and sell buttons.

Only apply to us and don't apply to these big institutions. It said at stake is around 370 million dollars. That's the value of open interest on all options expiring this year for a group of russia tied securities options, clearing corp an anchor of the marketplace also shifted its handling of options on a group of russian securities. Under normal circumstances, the clearinghouse automatically exercises option transactions that are in the money or when the strike price exceeds the market value of the underlying security, but for options on a group of russian securities.

However, occ said it won't automatically exercise the transactions and regular retail investors like you, and i can't exercise those options either. Jeff porter also owns puts on a russian etf expiring, this friday that were worth around fifty thousand dollars at the time the fund was halted. He too can't exercise his options because fidelity told him there aren't shares available. To borrow to facilitate such a transaction and porter said it feels like the market.

Doesn't permit you to be correct. The experience has certainly made me question the value of options as a hedge or as an investment, as they can just be wiped off the table arbitrarily, but it seems like, even though these big institutions like jp morgan and citibank, were able to receive their interest payments There is still a number of different russian companies that are still at risk of default over coupon non-payment of their bonds and of their dare. As per usually, it only seems like when it's impacting jpmorgan or citibank or goldman sachs, that the market rules are somehow manipulated or switched off. As tom nash said, quoting a 1930s journalist john keynes, don't ever forget markets can stay irrational longer than you can stay, solvent, be very careful in this market, as i've always said, i think it's very, very important not to invest more than you're willing to lose my Portfolio is 100 entirely amc, but at the same time i haven't invested money that i need for food, water, rent and any other necessities, because those markets can stay irrational or fraudulent longer than you can stay solvent.

Although saying that, i do think the current market pullback still has a lot longer left to run traders of the lost ark just tweeted, saying that tesla macd just crossed downwards on the monthly joining the qqq, the s p, 500, the dow jones and other large cap Stocks like amazon, google, facebook and netflix the next six months will be interesting. I think the volatility will get worse. You can see from the current chart here being the tesla prices, which has been falling over the last few months from around twelve hundred dollars per share down to around 800 to 870 per share. The macd has now just crossed downwards.

This is therefore a prediction: the price will continue falling and the macd will continue trending downwards until such time that it reverses - and he reckons that we've potentially got six more months of this downward trend until the s p, 500 starts to reverse guys, be sure to Let me know down in the comments below what you think about the amc off exchange price. What price do you think that amc is currently trading for and as always guys if you enjoyed this video, be sure to check out some of my others? Alternatively, subscribe to the channel and then the notification bell, because that way, you'll be alerted when i upload a new video cheers.