Jul. 29th, 2013

mahnmut: (WTF-E?)

John Oliver's Arcane Details of Boron-Group Metals Pricing Update

Goldman Sachs bets on the future price of aluminum while simultaneously goosing the future price of aluminum by creating a supply bottleneck in its aluminum warehouse.



John Oliver's Arcane Details of Boron-Group Metals Pricing Update - Aluminum Hoarding

In a scheme so simple a child could understand it, Goldman Sachs gets around commodity-hoarding laws by shuttling aluminum from warehouse to warehouse.
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