Tag Archives: Harbor Aluminum Intelligence
Banksters buy commodities industry to manipulate prices
An industrial dance has been choreographed by Goldman Sachs to exploit pricing regulations set up by an overseas commodities exchange. http://www.nytimes.com/2013/07/21/business/a-shuffle-of-aluminum-but-to-banks-pure-gold.html?pagewanted=1&_r=1&nl=todaysheadlines&emc=edit_th_20130721 There are 27 industrial warehouses in the Detroit area where a Goldman subsidiary stores customers’ aluminum. Each day, a fleet of trucks shuffles 1,500-pound bars of the metal among the warehouses. Two or three […]