GS & aluminium hoarding
Jul. 29th, 2013 07:05 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
mahnmut
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.
