Quote:
Originally Posted by john70t
Goldman's new money machine: warehouses | Reuters
Goldman Sachs is stockpiling aluminum in Detroit warehouses using their taxpayer supplied funds. This will drive up the cost of domestic manufacturing, and may lead to a commodities balloon based on hype.
Info for those "in the know". Step cautiously.
|
Except the article is wrong. Aluminum is at a low. It is close to the December low of last year. I sell special metal products, including extruded aluminum.