Where Are The Fact Cats Putting All Their (YOUR) Money??? The good people at JP and Goldman Sachs
source: http://www.worldal.com/news/uk/2010-03-03/126760263427097.shtml
http://www.bloomberg.com/news/2010-08-27/kloeckner-has-635-million-war-chest-pic...
As piles of base metals from aluminium to nickel build up due to poor demand, Goldman Sachs and JPMorgan have entered the little known but very profitable business of metal warehousing. The deals reflect banks' appetite for exposure to physical commodities beyond traditional commodities derivatives.
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As piles of base metals from aluminium to nickel build up due to poor demand, Goldman Sachs and JPMorgan have entered the little known but very profitable business of metal warehousing. The deals reflect banks' appetite for exposure to physical commodities beyond traditional commodities derivatives.
_______Read More At Links
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- groups:
- Community, Greatest Depression
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- tags:
- Economy, Depression, Great Depression
